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Board of Brazil’s Petrobras elects Lula ally as new president

Photo: AFP

January 26 | By AFP |

The board of directors of Petrobras on Thursday appointed Jean Paul Prates, an ally of President Luiz Inacio Lula da Silva, as head of the state oil company.

Prates, a 54-year-old lawyer and economist, was previously a senator in northeastern Rio Grande do Norte state and a member of Lula’s Workers’ Party.

Lula described Prates as a specialist in the energy sector when nominating him for the job on Twitter last month.

In a statement confirming the appointment, the Petrobras board said Prates had been chosen unanimously. 

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Prates has 30 years experience in the oil, natural gas, biofuels and renewable energy sectors.

“I have been given the mission of managing Petrobras in the coming years,” Prates said.

He added that he was “honored to lead a company that is the heritage of all Brazilians.”

Petrobras is the flagship of Brazilian industry. It is the largest company in the South American country but was at the center of the wide-ranging “Operation Car Wash” corruption scandal.

As part of the graft investigation, Lula was himself convicted of accepting a bribe and spent 18 months in jail before a judge annulled his conviction.

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Petrobras went through some turbulent years during the presidency of Lula’s predecessor, Jair Bolsonaro.

The company went through four different CEOs during that period due major disagreements over Petrobras’s oil pricing policies.

Bolsonaro even went so far as to accuse Petrobras of theft over its price hikes.

The company sets prices based on the standard international rate for a barrel of oil.

The position of Petrobras chief executive is one that comes with great exposure to political pressure.

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In its 68 years of existence, the company has had 39 CEOs, meaning they have lasted on average less than two years.

The markets have expressed fears that Prates could change the company’s pricing policies and that under Lula’s socialist government there will be greater interference in the running of state companies.

The Brazilian state owns 50.26 percent of Petrobras’s capital and Lula has ruled out privatizing the company.

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International

U.S. Proposes Higher Citizenship Fees and Limits on Immigration Fee Waivers

The U.S. Department of Homeland Security (DHS) has proposed increasing fees related to citizenship applications, while also seeking changes to programs that reduce or waive immigration-related costs for certain applicants.

The proposal would eliminate fee waivers and reduced-fee programs for immigrants whose household incomes are at or below 400% of the federal poverty level.

However, the changes would not take effect immediately. Before receiving final approval, the proposal must go through a 60-day public comment period, allowing individuals and organizations to submit feedback.

DHS justified the proposed increases by stating that the goal is to fully cover the costs associated with processing citizenship and naturalization applications.

“Although the Department of Homeland Security has historically limited form fees to promote naturalization, the agency no longer considers that these applications should have lower costs at the expense of other immigration benefits,” the department said in the proposal document.

If approved, the reform would modify the current immigration fee structure and could impact thousands of applicants who rely on financial assistance programs to complete their citizenship process.

U.S. authorities said the measure is part of a broader review of immigration service fees and the mechanisms used to fund the administration of these programs.

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International

Cristiano Ronaldo Makes History as First Player to Score in Six World Cups

Cristiano Ronaldo made football history on Tuesday by becoming the first player ever to score in six different editions of the FIFA World Cup.

The Portuguese forward opened the scoring in Portugal’s Group K match against Uzbekistan in Houston. Just six minutes into the game, Ronaldo found the back of the net with a right-footed strike from inside the box, sending the Portuguese fans into celebration.

The “Commander” sparked excitement throughout the stadium with his iconic celebration, as supporters joined in with his famous “Siuuu!” chant to honor another milestone in the career of one of football’s greatest stars.

At 41 years old, Ronaldo has now scored in Germany 2006, South Africa 2010, Brazil 2014, Russia 2018, Qatar 2022, and North America 2026. With his two goals in this tournament, he has surpassed Lionel Messi’s record, as the Argentine has scored in every World Cup he played except South Africa 2010.

The Portuguese captain has also reached nine World Cup goals, matching Eusébio as Portugal’s all-time top scorer in the history of the tournament.

Ronaldo’s achievement came just one day after Messi also made history by becoming the outright leading scorer in World Cup history, reaching 18 goals after scoring twice in Argentina’s 2-0 victory over Austria.

With his appearance at the 2026 World Cup, Cristiano Ronaldo has also extended another remarkable record by becoming the first player to participate in six consecutive editions of the tournament, further cementing his legacy as one of the most influential players in football history.

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Mbappé Ties Klose on All-Time World Cup Scoring List After Brace Against Iraq

Kylian Mbappé moved another step closer to World Cup history on Monday, scoring twice against Iraq to reach 16 career goals in the tournament and draw level with German legend Miroslav Klose on the all-time scoring chart.

The French forward found the net in the 14th and 54th minutes of France’s Group I clash in Philadelphia, registering his second consecutive brace of the 2026 FIFA World Cup.

Mbappé’s achievement came on the same day that Argentina captain Lionel Messi set a new all-time World Cup scoring record. The Argentine star scored twice against Austria to raise his career total to 18 goals, surpassing the previous mark of 16 held by Klose.

Klose established his record on July 8, 2014, during Germany’s historic 7-1 victory over Brazil in the World Cup semifinals in Belo Horizonte.

Before facing Iraq, Mbappé was tied with German striker Gerd Müller on 14 World Cup goals. His first goal of the match lifted him to 15, drawing level with Brazilian great Ronaldo Nazário.

The second strike moved the Real Madrid forward to 16 goals, allowing him to surpass Ronaldo, match Klose’s tally, and position himself just two goals behind Messi in the race for World Cup immortality.

The match also marked a personal milestone for Mbappé, as he made his 100th appearance for the French national team.

At 27 years old, the French superstar remains firmly in pursuit of Messi’s newly established record and continues to strengthen his legacy as one of the most prolific scorers in World Cup history.

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