* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Thursday, June 19, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    ‘Wheel of Fortune’: Amputee Wins $60,000 After Breaking Incredible ‘Curse’ – Hastings Tribune

    Wheel of Fortune’ Amputee Breaks Incredible ‘Curse’ to Win $60,000!

    North Star Sports & Entertainment Network: Coming soon – KTTC News

    North Star Sports & Entertainment Network: Coming soon – KTTC News

    Safety concerns in Deep Ellum create apprehension as the entertainment district gains visitors – CBS News

    Safety Concerns Surge Amid Deep Ellum’s Booming Popularity and Growing Crowds

    Elisabeth Moss’ ‘Handmaid’s Tale’ Emmy chances, by the numbers – Yahoo

    Elisabeth Moss’ ‘Handmaid’s Tale’ Emmy chances, by the numbers – Yahoo

    ‘Gangs of London’ Producer Explains Season 3 Deaths, Hypes Season 4 – Citizen Tribune

    Gangs of London’ Producer Reveals Shocking Season 3 Deaths and Teases Exciting Season 4

    The Iconic Missouri Diner That Gives You A Taste Of Live Entertainment With Your Meal – Yahoo

    Savor Delicious Meals While Enjoying Live Entertainment at Missouri’s Iconic Diner

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Crypto’s true revolution is about humanity, not technology – Cointelegraph

    Crypto’s Real Revolution: Transforming Humanity Beyond Technology

    $1 Billion Problem: New Technology Could Save Your Daily Cup of Coffee – SciTechDaily

    The $1 Billion Challenge: How New Technology Could Rescue Your Daily Cup of Coffee

    Canada’s construction industry gets serious about investing in technology as pressure mounts to do more with less – Yahoo Finance

    Canada’s Construction Industry Accelerates Tech Investments to Overcome Growing Challenges and Boost Efficiency

    Workforce Technology Eases Staffing Shortages in Rural Health Care – AJMC

    Workforce Technology Eases Staffing Shortages in Rural Health Care – AJMC

    Get the lead out: Putting new at-home lead testing technology to the test | Denver7 Investigates – Denver7

    Putting the Latest At-Home Lead Testing Technology to the Ultimate Test

    Further Upside For Aeries Technology, Inc (NASDAQ:AERT) Shares Could Introduce Price Risks After 27% Bounce – simplywall.st

    Further Upside For Aeries Technology, Inc (NASDAQ:AERT) Shares Could Introduce Price Risks After 27% Bounce – simplywall.st

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    ‘Wheel of Fortune’: Amputee Wins $60,000 After Breaking Incredible ‘Curse’ – Hastings Tribune

    Wheel of Fortune’ Amputee Breaks Incredible ‘Curse’ to Win $60,000!

    North Star Sports & Entertainment Network: Coming soon – KTTC News

    North Star Sports & Entertainment Network: Coming soon – KTTC News

    Safety concerns in Deep Ellum create apprehension as the entertainment district gains visitors – CBS News

    Safety Concerns Surge Amid Deep Ellum’s Booming Popularity and Growing Crowds

    Elisabeth Moss’ ‘Handmaid’s Tale’ Emmy chances, by the numbers – Yahoo

    Elisabeth Moss’ ‘Handmaid’s Tale’ Emmy chances, by the numbers – Yahoo

    ‘Gangs of London’ Producer Explains Season 3 Deaths, Hypes Season 4 – Citizen Tribune

    Gangs of London’ Producer Reveals Shocking Season 3 Deaths and Teases Exciting Season 4

    The Iconic Missouri Diner That Gives You A Taste Of Live Entertainment With Your Meal – Yahoo

    Savor Delicious Meals While Enjoying Live Entertainment at Missouri’s Iconic Diner

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Crypto’s true revolution is about humanity, not technology – Cointelegraph

    Crypto’s Real Revolution: Transforming Humanity Beyond Technology

    $1 Billion Problem: New Technology Could Save Your Daily Cup of Coffee – SciTechDaily

    The $1 Billion Challenge: How New Technology Could Rescue Your Daily Cup of Coffee

    Canada’s construction industry gets serious about investing in technology as pressure mounts to do more with less – Yahoo Finance

    Canada’s Construction Industry Accelerates Tech Investments to Overcome Growing Challenges and Boost Efficiency

    Workforce Technology Eases Staffing Shortages in Rural Health Care – AJMC

    Workforce Technology Eases Staffing Shortages in Rural Health Care – AJMC

    Get the lead out: Putting new at-home lead testing technology to the test | Denver7 Investigates – Denver7

    Putting the Latest At-Home Lead Testing Technology to the Ultimate Test

    Further Upside For Aeries Technology, Inc (NASDAQ:AERT) Shares Could Introduce Price Risks After 27% Bounce – simplywall.st

    Further Upside For Aeries Technology, Inc (NASDAQ:AERT) Shares Could Introduce Price Risks After 27% Bounce – simplywall.st

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home General

Brazil Replaces Petrobras CEO

May 15, 2024
in General
Brazil Replaces Petrobras CEO
Share on FacebookShare on Twitter

Brazil’s government has removed the chief executive of Petrobras Jean Paul Prates and replaced him with the former head of the state oil and gas regulator, Magda Chambriard.

The news sent Petrobras shares down, Reuters said in a report on the reshuffle, with investors preparing for more state interference in the business of the company.

The change at the top comes a day after Petrobras reported a 38% decline in net profits for the first quarter of the year on 15% lower revenues. It also adds to bad news about shareholders after late last year outgoing CEO Prates informed them dividend payments would be kept lower for a while as Petrobras tried to expand into low-carbon directions.

“In our view, the exit of Prates is a deterioration of Petrobras governance and a downside risk for the investment thesis,” Citi analysts said in a note quoted in the Reuters report.

“The new CEO arrives with the pressure to fulfill the investment plan and accelerate the capex expansion, which may negatively impact the company’s dividend payment.”

Expectations from the new leader are that she would prioritize the government’s desire for lower fuel prices, higher capital spending and consistently lower dividends.

Petrobras already planned a substantial boost to its capital spending for the next five-year planning period, with the total seen at $102 billion. This is a 31% increase on the previous five-year investment period and aims to increase oil and gas production to some 3.2 million barrels of oil equivalent daily. That would be u from 2.8 million bpd at the moment.

At the same time, former CEO Prates had a plan to squeeze the share of oil and gas in the company’s business to 50% of revenues, with the other 50% coming from wind, solar, and biofuels in barely a decade.

By Charles Kennedy for Oilprice.com

More Top Reads From Oilprice.com:

BP Hints That Its Goal to Cut Oil and Gas Output Could Be FlexibleOil Risk Premium WanesOPEC Resolves Compensation Plans for Overproducing Members

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : OilPrice – https://oilprice.com/Latest-Energy-News/World-News/Brazil-Replaces-Petrobras-CEO.html

Previous Post

How to Capitalize on the Coming Surge in Bitcoin

Next Post

Venezuela Moves “Substantial Quantities” of Troops to Guyana Border

Crypto’s true revolution is about humanity, not technology – Cointelegraph

Crypto’s Real Revolution: Transforming Humanity Beyond Technology

June 19, 2025

Send in Your Questions for Richard Deitsch’s Next Sports Media Mailbag!

June 19, 2025
Child From World’s Oldest Burial Was Neanderthal-Homo Sapiens Hybrid – IFLScience

Child From World’s Oldest Burial Was Neanderthal-Homo Sapiens Hybrid – IFLScience

June 19, 2025
Do medicinal mushroom products actually work? – podcast – The Guardian

Do Medicinal Mushroom Products Really Work? Uncover the Truth!

June 19, 2025
Fish don’t mind bad weather; neither should you – The Inquirer and Mirror

How Fish Thrive in Bad Weather-and How You Can Too

June 19, 2025
FIFA reveals 1.5 million ticket sales in wake of sparse Club World Cup attendance – USA Today

FIFA Celebrates 1.5 Million Tickets Sold Despite Club World Cup’s Surprising Attendance Dip

June 19, 2025
Watch US Economy is Still Resilient, Rockefeller’s Fleming Says – Bloomberg

Watch US Economy is Still Resilient, Rockefeller’s Fleming Says – Bloomberg

June 19, 2025
Federal judge temporarily blocks Trump, RFK Jr. cuts to Columbus Public Health funding – The Columbus Dispatch

Federal Judge Halts Trump and RFK Jr.’s Funding Cuts to Columbus Public Health

June 19, 2025
US seizes record $225 million from crypto investment scammers – CNN

US Authorities Crack Down on Major Crypto Scam, Seizing Record $225 Million

June 19, 2025
$1 Billion Problem: New Technology Could Save Your Daily Cup of Coffee – SciTechDaily

The $1 Billion Challenge: How New Technology Could Rescue Your Daily Cup of Coffee

June 19, 2025

Categories

Archives

June 2025
MTWTFSS
 1
2345678
9101112131415
16171819202122
23242526272829
30 
« May    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (692)
  • Economy (706)
  • Entertainment (21,609)
  • General (15,460)
  • Health (9,748)
  • Lifestyle (713)
  • News (22,149)
  • People (710)
  • Politics (713)
  • Science (15,926)
  • Sports (21,204)
  • Technology (15,694)
  • World (687)

Recent News

Crypto’s true revolution is about humanity, not technology – Cointelegraph

Crypto’s Real Revolution: Transforming Humanity Beyond Technology

June 19, 2025

Send in Your Questions for Richard Deitsch’s Next Sports Media Mailbag!

June 19, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version