If the state-run company approves distribution of retained dividends, government could receive about R$32.6bn 06/18/2024 Move may pave the way for Petrobras to decide on distribution of R$21.9 billion in extraordinary dividends from 2023 retained as capital reserve — Foto: Leo Pinheiro/Valor Petrobras’s board of directors approved on Monday the payment of R$19.8 billion related […]
CEO Magda Chambriard appointed Fernando Melgarejo, a director at Banco do Brasil’s pension fund, as the oil company’s chief financial and investor relations officer 06/17/2024 Fernando Melgarejo — Foto: Divulgação Petrobras CEO Magda Chambriard announced her first changes to the company’s executive team on Friday (14), nominating three new executives. Analysts interviewed by Valor expressed […]
Scenario forces government to review revenue and spending, posing risk of shutdown 06/17/2024 Manoel Pires — Foto: Wenderson Araujo/Valor The change in the federal government’s primary result target for 2025 slowed the fiscal adjustment process and compromised the debt trajectory. The increase in mandatory expenses and the decreasing room for discretionary expenses, which fell by […]