popular articles

New management and ambitious goals at Petrobras

Petrobras announces a new management team with seasoned experts in state-owned enterprises, aimed at accelerating investment and stimulating the Brazilian economy.
Nouvelle direction Petrobras expérimentée

Please share:

Petrobras CEO Magda Chambriard recently unveiled the Brazilian oil company’s new management team, appointing three directors with extensive experience in state-owned enterprises. Fernando Melgarejo takes over as CFO from Sergio Caetano Leite. Renata Baruzzi becomes Director of Engineering, Technology and Innovation, while Sylvia dos Anjos is appointed Head of Exploration and Production.

Experienced management

Fernando Melgarejo brings to Petrobras almost 37 years of experience acquired within the state-owned Banco do Brasil conglomerate. Currently a member of Neoenergia’s Board of Directors and Audit Committee, Melgarejo is also Chairman of the Board of Grupo Litel and a director of the Banco do Brasil Foundation. His financial expertise will be crucial to achieving the company’s objectives. Renata Baruzzi, who currently manages the integrated logistics management area at Petrobras, joined the company 38 years ago. A career rich in responsibilities has prepared her to meet the challenges of technological innovation and engineering within the company.

Investment and development objectives

Sylvia dos Anjos, a retired Petrobras geologist, has over 42 years’ experience in exploration and production. She has held a number of strategic positions during her career, and her expertise will be crucial to Petrobras’ future exploration projects. The reorganization of the management team comes as Petrobras strives to meet the demands of Brazilian President Luiz Inacio Lula da Silva. He urged the company to increase its investments to boost the economy and create local jobs. This strategy aims to strengthen Petrobras’ role as the country’s economic pillar.

Future prospects

Under the leadership of Magda Chambriard, Petrobras intends to accelerate its investment plan. Changes in the management team are designed to breathe new life into the company and strengthen its technical capabilities. By appointing in-house experts such as Baruzzi and dos Anjos, Petrobras is banking on continuity and stability within its teams, while injecting new energy into its projects. Other current managers, such as Clarice Coppetti, Mauricio Tolmasquim, Claudio Schlosser, Mario Spinelli and William Franca da Silva, will retain their positions for the time being. However, the company has indicated that further appointments may be announced in the near future.
Petrobras is thus preparing for a phase of expansion and transformation, aimed at solidifying its position in the global energy market and contributing to Brazil’s economic development.

Register free of charge for uninterrupted access.

Publicite

Recently published in

Donald Trump's announcement to boost oil production to combat inflation and fill U.S. strategic reserves barely moves markets, as Brent prices continue their recent decline.
A persistent oil spill in the Niger Delta, attributed to acts of sabotage, raises major concerns for Nigeria's oil industry, highlighting the sector's security and environmental challenges.
A persistent oil spill in the Niger Delta, attributed to acts of sabotage, raises major concerns for Nigeria's oil industry, highlighting the sector's security and environmental challenges.
In Nigeria, an overturned tanker exploded as a crowd attempted to collect fuel. Local authorities report at least 70 deaths in a context marked by rising gasoline prices and economic hardship.
In Nigeria, an overturned tanker exploded as a crowd attempted to collect fuel. Local authorities report at least 70 deaths in a context marked by rising gasoline prices and economic hardship.
Kimbell Royalty Partners completes a $230 million oil and gas acquisition
Kimbell Royalty Partners completes a $230 million oil and gas acquisition
Unexpected Arrest of the Former Minister of Oil in Niger, Mahaman Moustapha Barké
Sudden resignation of the leader of the Libyan oil company
Sudden resignation of the leader of the Libyan oil company
BP formalizes 4,700 internal layoffs and 3,000 among subcontractors. Disappointing results and a renewed focus on hydrocarbons shape this move. The market observes these choices, influenced by economic and political imperatives.
BP formalizes 4,700 internal layoffs and 3,000 among subcontractors. Disappointing results and a renewed focus on hydrocarbons shape this move. The market observes these choices, influenced by economic and political imperatives.
Sri Lanka confirms a historic investment with Sinopec. A new refining facility will strengthen the country's energy balance.
Sri Lanka confirms a historic investment with Sinopec. A new refining facility will strengthen the country's energy balance.
The drilling of the Katmai West #2 well by Talos Energy in the Gulf of Mexico revealed 400 feet of hydrocarbon reserves, with production estimated at 20,000 barrels per day, strengthening the regional energy strategy.
Following a premature announcement of an oil discovery in Lake Kivu, Rwanda clarified that the work is still in an exploratory phase, with partners being sought to move forward.
Following a premature announcement of an oil discovery in Lake Kivu, Rwanda clarified that the work is still in an exploratory phase, with partners being sought to move forward.
US crude oil reserves dropped unexpectedly, exceeding initial forecasts, due to sustained refinery activity and a trade imbalance between imports and exports.
US crude oil reserves dropped unexpectedly, exceeding initial forecasts, due to sustained refinery activity and a trade imbalance between imports and exports.
Oil and gas production from the Baleine field in Côte d’Ivoire has surpassed expectations, reaching 85,000 barrels per day thanks to the progress of its first two phases, according to the government.
Oil and gas production from the Baleine field in Côte d’Ivoire has surpassed expectations, reaching 85,000 barrels per day thanks to the progress of its first two phases, according to the government.
Global oil demand reaches 102.9 million barrels per day in 2024, driven by a cold winter. US sanctions on Russia and Iran weigh on supply prospects for 2025.
PetroNor sold 881,192 barrels of crude oil at a price of $72.8 per barrel on the PNGF Sud block. This major transaction generates $64 million, highlighting the importance of investments in the Congolese oil sector.
PetroNor sold 881,192 barrels of crude oil at a price of $72.8 per barrel on the PNGF Sud block. This major transaction generates $64 million, highlighting the importance of investments in the Congolese oil sector.
Africa Oil increases its stake to 18% in block 3B/4B off the coast of South Africa. This partnership with TotalEnergies and QatarEnergy marks a crucial step for oil exploration in the Orange Basin.
Africa Oil increases its stake to 18% in block 3B/4B off the coast of South Africa. This partnership with TotalEnergies and QatarEnergy marks a crucial step for oil exploration in the Orange Basin.
Iraq and BP finalize an ambitious agreement to rehabilitate four oil fields in Kirkuk and exploit flared gas, aiming to boost energy production and reduce dependence on Iranian gas.
Iraq and BP finalize an ambitious agreement to rehabilitate four oil fields in Kirkuk and exploit flared gas, aiming to boost energy production and reduce dependence on Iranian gas.
Chevron’s $53 billion acquisition of Hess Corporation remains blocked by contractual disputes and ExxonMobil's opposition. An arbitration decision in September will determine the future of this strategic transaction.
After diplomatic tensions, Algeria and Niger strengthen energy cooperation. Algerian company Sonatrach plans to build a refinery and a petrochemical complex in the city of Dosso, Niger.
After diplomatic tensions, Algeria and Niger strengthen energy cooperation. Algerian company Sonatrach plans to build a refinery and a petrochemical complex in the city of Dosso, Niger.
According to the KOMO Q1 2025 report by KAPSARC, India will dominate global oil demand growth with an additional 220 Kb/d, surpassing China and reaffirming Asia's central role in the energy market.
According to the KOMO Q1 2025 report by KAPSARC, India will dominate global oil demand growth with an additional 220 Kb/d, surpassing China and reaffirming Asia's central role in the energy market.
Cameroon welcomes a new strategic agreement between Tower Resources and Prime Global Energies, mobilizing 15 million dollars to develop the NJOM-3 well, a key offshore oil project planned for 2025.
Cameroon welcomes a new strategic agreement between Tower Resources and Prime Global Energies, mobilizing 15 million dollars to develop the NJOM-3 well, a key offshore oil project planned for 2025.
The offshore oil field Sangomar, operational since June 2024, has surpassed its annual forecasts with 16.9 million barrels produced, strengthening Senegal's strategic energy position.
Nigeria is relying on Seplat Energy to triple its crude oil production to 120,000 barrels per day by June 2025, leveraging strategic assets and unused wells.
Nigeria is relying on Seplat Energy to triple its crude oil production to 120,000 barrels per day by June 2025, leveraging strategic assets and unused wells.
Crude oil stockpiles in the United States decreased by one million barrels last week, a figure lower than expected, due to a drop in exports despite intensified refining activities.
Crude oil stockpiles in the United States decreased by one million barrels last week, a figure lower than expected, due to a drop in exports despite intensified refining activities.
After eight years of inactivity, the Warri refinery in Nigeria resumes operations. This marks a significant step in the country's efforts to rehabilitate its energy infrastructure and strengthen domestic fuel supply.
After eight years of inactivity, the Warri refinery in Nigeria resumes operations. This marks a significant step in the country's efforts to rehabilitate its energy infrastructure and strengthen domestic fuel supply.

Advertising