Nov 19, 2018
RIO DE JANEIRO | Brazil's Petrobras to be led by privatization advocate
RIO DE JANEIRO | Brazil’s Petrobras to be led by privatization advocate
RIO DE JANEIRO— Brazil’s president-elect is appointing a pro-market reformer to lead the state oil company Petrobras.
The government’s Agencia Brasil on Monday confirmed the appointment of Roberto Castello Branco, a former director of mining company Vale.
Castello Branco has advocated privatizing Petrobras, which would be unpopular in sectors that depend on subsidized pricing.
Fuel prices set by…
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