Bolsonaro Fires Petrobras Ceo Who Warned Of Diesel Crisis

Brazil's right-wing president Jair Bolsonaro fired the chief executive of oil producer Petrobras -- the second in two months -- after the company refused to sell fuels at a discount to consumers warning it would lead to diesel shortages.

Topics:  jair bolsonaro   petrobras   diesel   
  • Brazil's Petrobras elects new CEO as fuel price pressures mount
    The board of directors of Brazil's Petrobras elected Caio Paes de Andrade as its new chief executive on Monday, as a messy management transition at the state-run oil company inches toward conclusion.
    06/27/2022 - 6:43 am | View Link
  • Bolsonaro's pick for Petrobras CEO could be fast-tracked amid management turmoil
    The sudden resignation of Petrobras' CEO may speed up the accession of a government-backed candidate to the top job, four sources said, an appointment seen aimed at giving the state a greater say over ...
    06/20/2022 - 11:59 pm | View Link
  • Petrobras CEO Quits In Fuel Price Standoff With Bolsonaro
    The CEO of Brazil's state ... On Friday, Petrobras announced a 5.18 percent hike in gasoline prices and more than 14 percent for diesel, blaming "a challenging scenario in Brazil and the world." ...
    06/20/2022 - 3:56 am | View Link
  • Petrobras shares fall after Bolsonaro fires its boss
    Brasília (AFP) – The price of shares in Brazil's state oil giant Petrobras fell Tuesday in reaction to President Jair Bolsonaro firing its boss after only 40 days on the job. Bolsonaro ...
    05/24/2022 - 10:44 am | View Link
  • Petrobras shares fall after Bolsonaro fires its boss
    Bolsonaro dismissed Petrobras CEO Jose Mauro Coelho on Monday in a ... Petrobras went on to hike diesel prices by an additional 8.9 percent.
    05/24/2022 - 10:30 am | View Link
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