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New Petrobras CEO states president desires firm to increase national economy

The president of Brazilian oil giant Petrobras, Madga Chambriard, said on Wednesday that the country's president asked her to work towards enhancing the country's economy.

Chambriard, who took control of as the state-run oil company's top executive after President Luiz Inacio Lula da Silva fired its previous CEO in May, stated at her official installation that Petrobras' vision for Brazil is aligned with the president's. concerns.

Chambriard stated new oil frontiers such as the so-called. Equatorial Margin are essential to Petrobras, and she called for. environmental safety on their expedition.

Recently, Chambriard announced her

new management team

and designated three directors with technical knowledge and a. long history in the country's state-run firms.

To meet Lula's request, one of Chambriard's main. top priorities is to accelerate the company's $102 billion financial investment. plan for the 2024-2028 period, which she stated has the potential. to generate numerous countless tasks..

(source: Reuters)