Mr. Joaquim Silva e Luna is Petrobras’ CEO. He was the Brazilian Chief Executive Officer of Itaipu Binacional. He is a Reserve Army General and was Ministry of Defense until January 2019, reaching the highest level in his career.
How many years of experience does Pedro Estrada have at Petrobras?
He has 34 years of professional experience at Petrobras, working in the areas of Commercialization, Refining, and Logistics. At Petrobras group companies, he served as a Board Member at Logum Logística S.A. and at Transpetro. He was Alternate Director of Petrobras Argentina S.A., and Member of the Strategy and Finance Committee of Transpetro.
What oil fields has Petrobras discovered in Brazil?
In 2007 and 2008, Petrobras made several major oil discoveries including the Tupi oil field (formerly known as the Lula oil field), the Jupiter field, and the Sugar Loaf field, all in the Santos Basin, 300 km off the coast of Rio de Janeiro. The oil fields were discovered by partnerships that include Petrobras, Royal Dutch Shell, and Galp Energia.
How much oil does Petrobras produce per day?
The largest growth prospect for the company is the Tupi oil field in the Santos Basin. In 2015, the company produced 2.284 million barrels of oil equivalent (13,970,000 GJ) per day, of which 89% was petroleum and 11% was natural gas. Reserves held outside of Brazil accounted for 8.4% of production in 2014.
Joaquim Silva e Luna (Apr 19, 2021–)
Petrobras/CEO
The board of directors of Petrobras has officially confirmed Joaquim Silva e Luna as the company’s new chief executive officer (CEO) and chosen its new division heads.
How much of Petrobras is owned by the Brazilian government?
The Brazilian government directly owns 54% of Petrobras’ common shares with voting rights, while the Brazilian Development Bank and Brazil’s Sovereign Wealth Fund (Fundo Soberano) each control 5%, bringing the State’s direct and indirect ownership to 64%.
Where is Petrobras headquarters?
Rio de Janeiro, State of Rio de Janeiro, Brazil
Petrobras/Headquarters
Why do you think Petrobras is also listed on the New York Stock Exchange?
By 2008, Petrobras had arrived. It was listed among the top 50[6] companies in the world for its high transparency levels, according to Transparency International. So the company decided to make its international debut, through a public listing on the New York Stock Exchange (NYSE).
Will Petrobras stock go up?
Stock Price Forecast The 13 analysts offering 12-month price forecasts for Petroleo Brasileiro SA Petrobras have a median target of 13.50, with a high estimate of 16.00 and a low estimate of 10.80. The median estimate represents a +27.06% increase from the last price of 10.63.
Does PBR pay dividend?
PBR pays a dividend of $0.91 per share. PBR’s annual dividend yield is 8.67%. Petrobra’s dividend is higher than the US Oil & Gas Integrated industry average of 4.26%, and it is higher than the US market average of 4.43%.
How long has rittershaussen worked at Petrobras?
He has worked at Petrobras for 34 years, having held several managerial roles in the E&P and Supplies segment. Rittershaussen has served as an Executive Manager at the company since November 2017.
Who is Fernando Assumpção Borges?
Fernando Assumpção Borges is the executive director of Exploration and Production. He holds a degree in civil engineering from the Federal University of Uberlândia, an Executive MBA from COPPEAD/UFRJ, and attended the Advanced Management Program at INSEAD (France).
