New President of Petrobras takes office on Monday (19)

Reserve general Joaquim Silva e Luna is the newest president of Petrobras. He took office on Monday (19). Silva e Luna replaces the former president of the state, Roberto Castello Branco, who was replaced by decision of President Jair Bolsonaro in February this year

During his inauguration speech, Luna e Silva stressed that the "predictability" of prices will be a priority in its management, without being disrelated to "international parity" with international oil prices, to pursue "debt reduction, investing in research and development". It is worth remembering that Bolsonaro had been criticizing the fuel price adjustments in the Castello Branco administration, and even said that it would not "interfere", but that it could change the "price policy" of the state with the support of the House of Representatives.

The first step for the current president to take charge of the company was to be integrated into the Board of Directors of Petrobras, which happened last Monday (12). On Friday (16), he was made official in the position of president of the state, during the appointment of directors of the main areas of the company, and took office on Monday.


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