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Petrobras New CEO Vows To Fuel Brazil's Growth Engine: Report

Brazilian oil giant Petroleo Brasileiro S.A.- Petrobras‘ (NYSE:PBR) new chief executive officer (CEO), Magda Chambriard, reportedly stated that the country’s president had tasked her with enhancing the nation’s economy while ensuring profitability at the oil company. During her formal installation on Wednesday, Chambriard emphasized that Petrobras’ vision for Brazil is in sync with the president’s priorities, reported Reuters. One of Chambriard’s primary objectives is accelerating Petrobras’ $102 billion investment ...