Brazil has nominated Pietro Mendes for another term as chairman of Petrobras, with shareholders set to vote on board nominations on April 16, 2025. Petrobras is involved in various activities within the oil, natural gas, and energy industries.
On March 13, 2025, Petrobras announced that the Brazilian government has nominated Pietro Mendes for a new term as the chairman of the company. This nomination is part of a broader slate of board member nominations submitted to the company by its shareholders. A meeting is scheduled for April 16, where shareholders will cast their votes for the new board members.
Petroleo Brasileiro S.A., commonly known as Petrobras, operates within the oil, natural gas, and energy sector. The company engages in various activities including prospecting, drilling, refining, processing, and transporting crude oil from both onshore and offshore sources. Its operational segments include Exploration and Production; Refining, Transportation, and Marketing; Gas and Power; Biofuels; and Distribution, among others, highlighting its extensive involvement in the energy market.
In summary, the Brazilian government has put forth Pietro Mendes for a new term as chairman of Petrobras, with a shareholder vote scheduled for April 16. Petrobras remains a significant player in the oil and energy sectors, engaging in diverse operations from exploration to distribution.
Original Source: www.marketscreener.com
