Alexa

Petrobras CEO Gabrielli retaining post

Petrobras CEO Gabrielli retaining post

Brazil's president says that the chief executive of state-run oil company Petrobras will remain in his post when a new government is sworn in on Saturday.
At a ceremony laying the cornerstone of a refinery in northeastern Brazil, President Luiz Inacio Lula da Silva says Sergio Gabrielli will remain at in the top spot of the oil company.
Under Gabrielli's watch, Petroleo Brasileiro SA has made massive discoveries off Brazil's southeastern coast, which likely hold more than 50 billion barrels of oil.
Petrobras also declared its Tupi and Iracema offshore fields commercially viable in a filing with Brazil's oil regulating agency, saying together they held 8.3 billion barrels, slightly above earlier estimates.


Updated : 2021-04-13 07:43 GMT+08:00