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Montevideo, November 21st 2024 - 17:52 UTC

Tag: Maria Das Gracas Silva Foster

  • Saturday, January 17th 2015 - 08:00 UTC

    Petrobras CEO confirmed in the job by the Energy minister

    “I believe she is the right person because she is competent, and few others know the Petrobras system,” said Braga, Brazil’s minister of mines and energy

    Brazil’s energy minister this week threw his support behind the CEO of Petrobras, the embattled state-run oil company embroiled in a vast corruption scandal that has dominated national headlines. Maria das Graças Silva Foster will keep her job as CEO, the minister said, despite growing demands for her resignation.

  • Tuesday, August 12th 2014 - 06:24 UTC

    Petrobras earnings down 20%; subsidized fuels strangling the company

    The fuel subsidy, combined with a massive investment budget, has turned Petrobras into the world's most indebted oil major

    Second quarter profits for Brazil's Petrobras dropped 20% compared to the same period one year earlier, the state-run oil giant said. Petrobras recorded profits of 4.96 billion Reais (about 2.22 billion dollars) in the quarter, compared to 6.2 billion Reais (nearly 3 billion) for the same period in 2013.

  • Thursday, May 29th 2014 - 00:35 UTC

    Three Latam presidents among Forbes list of 25 most powerful women

    Dilma, president of the world's seventh largest economy

    Brazil, Argentina and Chile presidents figure among the list of the 25 most powerful women in the world according to the latest release from Forbes. Dilma Rousseff ranks in fourth place, Cristina Fernandez 19 and Michele Bachelet, 25. Only nine heads of state figure in the 100 names list.