Brazil’s Interim Government Replaces Petrobras President

By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – The new interim government of Brazil announced on Thursday it is replacing the president of Petrobras. Former Energy Minister in the Cardoso Administration, Pedro Parente will replace Aldemir Bendine at the country’s state-run oil giant, the epicenter of a mega corruption scandal which has rocked the nation.

In his first interview as head of Petrobras, Parente told journalists that the new government wants to keep its relationship with the oil giant ‘strictly professional’.

“The government's relationship with Petrobras is one of a controlling shareholder. Its first concern . . .

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