Bloomberg News

Petrobras Gabrielli Leaving for Political Project, Lobao Says

January 23, 2012

Jan. 23 (Bloomberg) -- Petroleo Brasileiro SA Chief Executive Officer Jose Sergio Gabrielli decided to leave Brazil’s state-controlled oil producer to pursue his personal political project, Energy Minister Edison Lobao told reporters today in Brasilia.

Gabrielli’s resignation was discussed and agreed with the government, Lobao said.

To contact the reporter on this story: Mario Sergio Lima in Brasilia Newsroom at

To contact the editor responsible for this story: Helder Marinho at

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