German auditing firm TÜV SÜD AG has appointed a former Petroleo Brasileiro SA executive to head up its Brazilian subsidiary.
Petrobras Mining News
Vale's Murilo Ferreira has been nominated as Petrobras' next board chairman, while the company still scrambles to deal with the fallout from a vast corruption scandal.
Eduardo Braga (54) takes over a ministry dealing with an alleged kickback and bribery scheme at state-run oil company Petrobras.
Through a series of financing deals with state-owned oil company PetroEcuador, China has coaxed the Latin American country into submission.