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Again on Might 23, the Brazilian authorities introduced that, but once more, it could be changing the chief government officer of oil and gasoline agency Petrobras. This was the third time President Jair Bolsonaro had jettisoned a CEO of the state-controlled firm in reference to rising gasoline costs. The present CEO, José Mauro Coelho, lasted simply 40 days earlier than the federal government determined to indicate him the door.
His substitute, pending approval from the board, is Caio Paes de Andrade, the present Debureaucratization Secretary within the Economic system Ministry and a self-described “serial entrepreneur” with no expertise in oil and gasoline.
In…
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