His appointment by Brazilian President Jair Bolsonaro last week followed the dismissal of his predecessor, Gen.
Brazil’s government owns 50.26% of
Coelho worked for 12 years at the state energy research agency, and later was chairman of the board at the state company that manages contracts for offshore pre-salt oil exploration and production. From 2020 until last October, he was secretary for petroleum, natural gas and biofuels at the mining and energy ministry.
Market observers and analysts see Coelho's appointment for a one-year term as a sign that
"It is a suitable profile for the position," said
This is the second time since he assumed office in 2019 that Bolsonaro, who is running for reelection in October, has made changes at the top of
Before Silva e Luna,
Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission., source