Brazil’s Bolsonaro fires Minister Bento Albuquerque over high diesel prices
After challenging the Brazilian president with another diesel price hike, the bosses of state-owned Petrobras are now getting a short...
May 11, 2022Topic
fuel prices
Petrobras has the highest profit among major oil companies while Brazil’s population is impoverished
Brazil's state-owned company Petrobras, one of the largest oil companies in Latin America, posted a profit of US$8.6 billion
May 9, 2022
Petrobras profits are like ‘rape’, says Brazil’s Bolsonaro
Brazil's conservative President Jair Bolsonaro criticized the profit published by Petrobras on Thursday (5), saying that the state-owned company could...
May 6, 2022
Boeing sees Brazil as a leader in sustainable fuel
RIO DE JANEIRO, BRAZIL - The airline industry has set bold goals to reduce carbon emissions in the coming decades.
April 25, 2022
State-owned oilgiant Petrobras at crossroads in Brazil’s election year
Latin America's leading oil company, Petrobras, is at a crossroads.
April 11, 2022
Brazilian Congress lowers fuel taxes to mitigate price hike
Brazil's Congress approved a fuel tax cut just hours after state-owned oil company Petrobras caused a stir by raising diesel
March 12, 2022
Analysis: Draconian sanctions against Russia reach Brazil with fuel increases
The impact of the war in Ukraine on the Brazilian economy came much faster than expected with the 24.93% Ukraine
March 11, 2022
Brazil: Petrobras raised gasoline prices by 18% and diesel by 25%
Even with the increase, the estimated lag in gasoline prices remains at 20%, compared to 31.6% previously; in diesel, it...
March 10, 2022
Brazil and US interest rate hike cycle
To contain escalating inflation in the United States - which closed last year at its highest level in 40 years,...
February 28, 2022