Prates, who had been CEO of Petrobras since January 2023, recently clashed with President Lula da Silva and the Ministry of Energy over the allocation of funds, visualizing the conflict between ...

Another person with knowledge of Lula and Prates' relationship said though there was pressure from the president for results, there were no specific problems with the firm's CEO. "There is no crisis.

Petrobras (NYSE:PBR) -6.9% post-market Tuesday following news that CEO Jean Paul Prates was fired by Brazil President Luiz Inacio Lula da Silva, to be replaced by Magda Chambriard, the former head ...

RIO DE JANEIRO, Dec 22 (Reuters) - Brazilian President-elect Luiz Inacio Lula da Silva will appoint Senator Jean Paul Prates of his Workers Party to be the next chief executive of state-run oil ...

Lula and Prates are playing good cop,bad cop.Lula complains about the dividend,keeps his base happy and prates keep investors happy.And Lula takes the dividend and uses for social programs.Win win.

Petrobras Chief Executive Officer Jean Paul Prates on Thursday said Brazil should have a strong naval industry to generate jobs, while also using foreign contractors. Prates said that the country ...

Brazilian President-elect Luiz Inacio Lula da Silva will appoint Senator Jean Paul Prates of his Workers Party to be the next chief executive of state-run oil company Petrobras, a member of his ...

When Lula nominated Prates for the CEO position, he described him as a specialist in the energy sector with 30 years experience in the oil, natural gas, biofuels and renewable energy sectors.

RIO DE JANEIRO, Dec 22 (Reuters) - Brazilian President-elect Luiz Inacio Lula da Silva will appoint Senator Jean Paul Prates of his Workers Party to be the next chief executive of state-run oil ...

Brazilian President Luiz Inacio Lula da Silva has appointed Magda Chambriard as the new CEO of Petroleo Brasileiro SA, pushing her to accelerate investments in refineries and natural gas expansion ...

President Luiz Inacio Lula da Silva has never interfered in way Brazil’s state-controlled oil producer Petrobras adjusts politically sensitive fuel prices, Chief Executive Officer Jean Paul ...

RIO DE JANEIRO, April 5 (Reuters) - Brazil's desire for a faster change in Petrobras' fuel pricing policy (PETR4.SA), opens new tab has caused friction between President Luiz Inacio Lula da Silva ...