Companies & Appointments: Vale CEO Murilo Ferreira to lead Petrobras

Brazil has chosen Murilo Ferreira, the chief executive officer of Vale (NYSE:VALE), to head the board of embattled state-run Petroleo Brasileiro SA or Petrobras, according to a filing from the oil company on Friday.

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Companies & Appointments: Vale CEO may be the new president of Petrobras Council

Murilo Ferreira, CEO of Vale, is supposed to resume the presidency of Petrobras’ Board of Directors, according to “Veja” released last tuesday (March 10). The publication reports that In the next meeting of the company´s Board of Directors, on 23 March, he will be appointed to head the board replacing the former Brazilian Finance Minister Guido Mantega.

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Mining & Profits: Vale Posts Net Loss for 2014 Fourth Quarter

Thursday February 26, 2015, 11:40am PSTVale (NYSE:VALE) announced its Q4 and full year results for 2014, which show a net loss of US$1.85 billion in the fourth quarter compared to a loss of US$6.5 million during the same period in 2013. The company’s annual adjusted EBITDA for 2014 was US$13.4 billion, a 40.8 percent decrease from the US$22.6 billion in 2013, a loss that has been attributed to the low commodity prices.

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We Thought You Should Know: Bendine took Petrobras post after decline by Vale CEO

The President of the Bank of Brazil, Aldemir Bendine, was chosen to take over from Grace Foster in Petrobras command after refusal of other names in the private sector, including the president of Vale, Murilo Ferreira. According to sources consulted by the Broadcast, real-time news service Agência Estado, the Government’s preference was for Ferreira, from giant miner Vale.

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Company & Appointments: DIlma names Vale CEO to Brazil Industrial Development Council

The CEO of Vale, Murilo Ferreira, is among the 11 executives who were appointed by President Dilma Rousseff to compose the National Council for Industrial Development (CNDI, in portuguese) for a period of two years, according to Gazeta Oficial information released today (09th, February).

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From Vale to Petrobras?? Murilo Ferreira & Roger Agnelli among the most speculated candidates

The CEO of Vale, Murilo Ferreira, was probed to take the vacancy left by Grace Foster as CEO of Petrobras, according to speculations in the financial market. But, according to ministers, the appointment of the executive is risky because the market expects a less identified option with President Dilma Rousseff, as was done at the Finances Ministry. The former president of the mining company, Roger Agnelli, is also cited. Today (Friday 6), the new State…

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Mozambique Coal Mining: Vale to announces sale of Mining and Logistics assets

The Brazilian mining group Vale is expected “soon” to announce the sale of a stake of between 15 to 25 percent in Vale Moçambique, the subsidiary that controls the Moatize coal mine in Mozambique’s Tete province, the president of Vale, Murilo Ferreira, said recently cited by the Brazilian press.

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Mining & Policy: Vale CEO denies receiving invitation from reelected Dilma

The President of Vale, Murilo Ferreira said not having received any invitation to be the new brazillian Finanance Minister in the new government of President Dilma Rousseff, reelected last Sunday (26). The statement was made today (30) during a conference call with analysts to discuss quarterly results of mining company.(By Noticiasdemineracao.com)

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Did You Know This: VALE CEO likely to become new cabinet Finance Minister

The Chief Executive of Vale SA, Murilo Ferreira, is among the top listed people to take up the post of Finance Minister in the near term. The name of the new minister should be announced before the G-20 summit scheduled for 15 and 16th November in Australia.(source: Noticiasdemineracao.com)

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Mining & Policy: President Dilma Seeks help of Vale President to reduce market concerns

Brazilian President Dilma Rousseff will use business leaders as unofficial ambassadors of their campaign, to help mitigate market concerns about a possible second term. The statement was made yesterday (6) told Bloomberg News by a member of his cabinet, who asked not to be identified. The Vale president Murilo Ferreira, is among executives bandied about to support Dilma.

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