International

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.

International

U.S. to invest $700 million in coal plants and mines under Trump initiative

U.S. President Donald Trump announced on Thursday a $700 million funding package aimed at supporting the American coal industry, marking the latest step in his administration’s efforts to boost the use of the fossil fuel.

According to Trump, the funding will be used to keep 14 coal-fired power plants operating across ten states, maintain 42 coal mines, and support the construction of two new power plants and an export terminal.

The president said the initiative will be financed through the Defense Production Act, a law enacted in 1950 that grants emergency powers to the president to support and direct domestic industries considered critical to national interests.

Since returning to the White House last year, Trump has pursued policies designed to expand domestic energy production and roll back a number of environmental regulations. He has also repeatedly questioned the scientific consensus regarding human-caused climate change.

Coal remains the most carbon-intensive fossil fuel and is the largest source of greenhouse gas emissions among major energy sources, making it a central focus of debates over climate policy and energy security.

U.S. Energy Secretary Chris Wright defended the initiative, describing coal as a critical resource for both electricity generation and industrial production.

The announcement comes as global energy markets continue to evolve. According to an analysis by the Global Energy Monitor, the world added and commissioned more coal-fired power capacity in 2025, although overall coal consumption declined. The report also found that the United States was the only major economy to record a significant increase in coal-fired power generation during that period.

The new funding package underscores the administration’s commitment to supporting traditional energy industries while debate continues over the balance between energy security, economic growth and environmental objectives.

International

Four decapitated bodies found in abandoned vehicle near Guerrero state Congress

Police in Mexico have found four decapitated bodies inside an abandoned vehicle parked near the state Congress building in Guerrero, authorities confirmed on Thursday.

The southern state of Guerrero, home to the resort city of Acapulco, has long been affected by violent clashes between criminal organizations competing for control of drug trafficking routes.

According to prosecutors cited by AFP, the bodies were wrapped in black plastic bags and left inside a car parked at one of the rear entrances of the legislative building in the state capital, Chilpancingo.

Authorities say the region has seen intensified conflict between rival drug trafficking groups, including the Sierra Cartel and Los Ardillos, a criminal organization that Indigenous communities have accused of carrying out attacks in the mountainous, impoverished areas of the state.

The ongoing violence highlights the persistent security crisis in Guerrero, where organized crime continues to exert significant influence over large parts of the territory.

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International

Foro Penal Reports 404 Political Prisoners Still Held in Venezuela

The Venezuelan human rights organization Foro Penal, which leads legal defense efforts for political prisoners in the country, reported on Wednesday that 404 people remain imprisoned for political reasons, five fewer than the figure released a week earlier. Among those detained are 39 foreign nationals or individuals with dual citizenship.

According to data published by the organization, the current total includes 369 men and 35 women being held on political grounds. The report also indicates that 225 of the detainees are civilians, including one teenager, while 179 are members of the military.

Foro Penal stated that 167 of the prisoners have been convicted, whereas 237 remain behind bars without a final sentence. The organization also noted that it has documented 19,102 politically motivated detentions in Venezuela since 2014.

The updated figures come amid an ongoing process of prisoner releases announced by Venezuelan authorities. Two weeks ago, National Assembly President Jorge Rodríguez said that approximately 300 detainees would be freed as part of a new round of releases, separate from those granted under an amnesty approved earlier this year.

Days later, acting President Delcy Rodríguez stated that the number of releases would reach 500 in the coming days. However, relatives of political prisoners and human rights organizations have questioned the pace of the process, arguing that the number of verified releases remains significantly lower than the figures announced by the government.

Foro Penal has reported that dozens of prisoners have been released in recent weeks, but the organization maintains that hundreds of people continue to be detained for political reasons despite the government’s promises and the implementation of the amnesty process.

Families of detainees have continued to demand greater transparency regarding the release process, alleging that many of the promised excarcerations have yet to materialize and calling on authorities to provide clear information about those who remain in custody.