RIO DE JANEIRO, BRAZIL - Brazilian President Jair Bolsonaro, who has been expressing dissatisfaction with fuel price increases for several weeks, announced Monday his decision to replace the president of state oil company Petrobras, who has been in office for less than a year.
The Ministry of Mines and Energy said in a statement that the government, as the oil company's majority shareholder, sent a communiqué to Petrobras on Monday with a list of the names of nine members it proposes for the company's board of directors, including the new candidate for president, who will replace reserve general Joaquim . . .
To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed? Login Here