[ad_1]
Senior Brazilian financial system ministry official Caio Mario Paes would be the subsequent chief govt of Brazil’s state-run oil firm Petrobras, the federal government mentioned late on Monday, changing a predecessor who served lower than two months within the job.
Paes will exchange outgoing Chief Government Jose Mauro Ferreira Coelho, who was picked to guide Brazil’s main oil firm in early April.
The mining and vitality ministry mentioned in an announcement saying the management shakeup that Brazil is dealing with excessive volatility within the oil and fuel market, along with different geopolitical challenges. It didn’t specify the explanation for the management change.
[ad_2]
Source link