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

Whitepapers

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...