On February 19, Bolsonaro announced the change in the presidency of the state-owned company, appointing General Silva e Luna and said that he would also act in the electricity market
The President of the Republic Jair Messias Bolsonaro, who announced on 02/19 the replacement of the president of Petrobras, appointing General Joaquim Silva e Luna to the position, said that he would also make changes in the country’s electricity sector. “We will get involved in electricity, which is another problem too,” says the President of the Republic.
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- Petrobras Loses R$ 28 Billion in Market Value in One Day, After Bolsonaro Changes the Leadership of the State-Owned Company
- Energisa Calls for Candidates with No Experience in All Technical and Higher Education Areas for 242 Internship Vacancies in SP, MG, and More
In a conversation with his supporters, the President also talked about the increases in fuel prices at the pumps, “It’s not just about raising prices according to the oil prices abroad and the dollar here, there’s more to it: the concern is to make money off the people. A 32% increase in diesel this year is unjustifiable. No one expected this outrage of a raise right now.”
Bolsonaro Changes President of Petrobras; Meet the New CEO of the Brazilian State-Owned Oil Company
The New President of Petrobras Appointed by President Bolsonaro Has Been in Charge of the Itaipu Hydroelectric Plant Since January 2019
President Jair Bolsonaro announced on 02/19 the replacement of the current president of Petrobras, Roberto Castello Branco, with General Joaquim Silva e Luna. “The government decided to appoint Mr. Joaquim Silva e Luna to fulfill a new mission, as a board member and president of Petrobras, after the completion of the cycle, exceeding two years, of the current president, Mr. Roberto Castello Branco,” says the official statement, attributed to the Ministry of Mines and Energy, published on Bolsonaro’s Twitter.
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Baly, a manufacturer from Santa Catarina that surpassed Red Bull and Monster to take the lead in the Brazilian energy drink market in December, is moving forward with the new factory in Araranguá, expected to create over a thousand jobs and begin operations in the second half of 2026.
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The shortage of bricklayers is already making renovations more expensive in Brazil and forcing property owners to change the way they hire labor, while delayed projects, rework, low qualifications, and lack of planning are turning small constructions into increasingly costly headaches.
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Grupo Equatorial tops the national Abradee ranking and places three distributors among the highest rated by major energy clients.
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Government announces more than R$ 7 billion in investments in Amazonas on a single Wednesday, the package includes a controversial highway, energy for 75,000 people in communities, new ports, and the largest order in the Brazilian naval industry in a year.
The new president of Petrobras, retired General Joaquim Silva e Luna, is 71 years old, married, the father of three children, and was born in the city of Barreiros, Zona da Mata de Pernambuco. Click here to access the full article about the new leadership of the Brazilian state-owned company.

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