Oil giant Petrobas as Brazil's gov fires CEO

Brazil's government announced the dismissal on Tuesday of Jean Paul Prates as president of Petrobras amid tensions over the payment of dividends to shareholders of the state oil company.

Prates, a lawyer and economist, was appointed in January last year by the board of directors of Petrobras early in the new government of leftist Lula. He was previously a senator in the Rio Grande do Norte state and a member of Lula's Workers' Party.