Brazil: Government underestimates diesel demand by 200 million liters
RIO DE JANEIRO, BRAZIL - Diesel sales in the country have exceeded the projections made by the federal government for...
June 1, 2022Section
Oil and Gas Business
Oil and Gas Industry News in Rio de Janeiro and Brazil
Bolsonaro says Petrobras can “break Brazil” for diesel increases
President Jair Bolsonaro said on Monday, May 30, that Petrobras can "break Brazil" if there are new diesel increases and...
May 30, 2022
Bolivia’s YPFB explores possibility of exporting gas to Brazil
The president of Bolivia's state-owned Yacimientos Petrolíferos Fiscales Bolivianos (YPFB), Armin Dorgathen, signed Memorandums
May 26, 2022
Brazil: Bolsonaro says Bolivia’s gas cut was “orchestrated”
President Jair Bolsonaro (PL) commented on the reduction of natural gas supply by the Bolivian state-owned company YPFB (Yacimientos
May 24, 2022
Bolivia reduces the shipment of natural gas to Brazil’s Petrobras by 30%
Petrobras has received about 30% less natural gas than contracted with YPFB, the Bolivian state-owned company.
May 23, 2022
Brazil is self-sufficient but imports oil because it doesn’t build refineries
Brazil is self-sufficient in petroleum: it produces a daily average of 3 million barrels of oil, a volume more than...
May 20, 2022
Brazil: Gasoline has doubled in price since 2016
Drivers who fill up with regular gasoline pay 99% more in Brazil since the implemented change in 2016 when Petrobras...
May 17, 2022
Brazil: Bolsonaro says he will “enter Petrobras” because the company has excessive profit
Brazilian President Jair Bolsonaro said he would "enter Petrobras" because the oil company, in his opinion, has excessive profit.
May 16, 2022
Peru demands multi-million dollar compensation from Spanish oil company
Peru's consumer protection agency filed a civil lawsuit against Spanish oil company Repsol and five other companies, two European
May 16, 2022