Berkshire Ramps Up Wager on Occidental as Crude Prices Surge

Berkshire Ramps Up Wager on Occidental as Crude Prices Surge

Reuters

Brazil government appoints Rodolfo Landim to chair Petrobras board

HOUSTON (Reuters) -Brazil’s government has appointed former Petrobras executive Rodolfo Landim to chair the state-controlled oil producer’s board, the company said in a filing on Saturday night. Earlier in the day, Admiral Eduardo Bacellar Leal Ferreira told Reuters he planned to step down as chairman of Petroleo Brasileiro SA, as the Rio de Janeiro firm is formally known. “Petrobras chairman is a 24-hour job and I want to spend more time with my family,” Ferreira said, adding he has two grown children living outside of Brazil.

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