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, 2022Topic
fuel prices
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
With high gasoline prices in Brazil, professional drivers migrate to CNG and save 50%
After 11 consecutive increases in gasoline prices, drivers in the Federal District are increasingly turning to compressed natural gas..
November 17, 2021