- Reuters•26 days ago
Brazil's state-led oil company Petroleo Brasileiro SA plans to appoint Nelson Silva, the former head of BG Plc in Brazil, as chief of strategy and management, a newly created position on its senior management committee, company sources told Reuters. Silva came to Petrobras, as the company is commonly known, earlier this month as senior adviser to new Chief Executive Pedro Parente, who was appointed by Brazil's interim-Presdient Michel Temer to cut the company's massive debt and find ways to revive investment.
- Reuters•5 months ago
Royal Dutch Shell on Monday sealed the $53 billion (36 billion pounds) acquisition of British rival BG Group to form the world's top liquefied natural gas company, even as slumping oil prices cast a shadow on the upcoming years of transition. The success or otherwise of the complex merger will define the legacy of Shell Chief Executive Ben van Beurden, seeking to transform Shell into a more specialised group focused on the rapidly growing LNG market and deepwater oil production. In 2014, Shell acquired Repsol's LNG business.
|52wk Range||0.01 - 0.05|
|Day's Range||0.03 - 0.03|
|Avg Vol (3m)||265,079|
As of 3:16 PM EDT. TSXV Delayed Price. Market open.