Vale CEO Ferreira to head Petrobras board

The Brazilian government has selected Murilo Ferreira, the CEO of Vale SA, to head Petrobras’ board of directors, according to Reuters. Vale is a major consumer of diesel fuel, which it purchases from Petrobras.

Reuters noted that it was currently unclear if Ferreira could occupy top posts at both Vale and Petrobras without facing accusations of conflict of interest.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...