Brazil: Bolsonaro takes responsibility and replaces Petrobras president over high fuel prices
Brazilian President Jair Bolsonaro, who has been expressing dissatisfaction with fuel price increases in the country for several weeks,
March 29, 2022Topic
Petrobras
Petrobras starts negotiations with EIG to sell its Bolivia-Brazil pipeline
Petrobras said it had received a binding proposal from EIG Global Energy Partners regarding the sale of its entire 51%...
March 16, 2022
Brazilian Transporters demand fuel price reduction
The Brazilian Association of Motor Vehicle Drivers (Abrava) filed a lawsuit this Monday before Brazil's Federal District, demanding
March 15, 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
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’s Petrobras obtained in 2021 the highest net profit in its history
Petrobras, Brazil's largest oil company, obtained in 2021 a record net profit of US$19.9 billion, the highest in its history,...
February 24, 2022
This week’s agenda for Brazil’s B3
The starting week will feature important events involving some of the largest companies in the Brazilian stock market. Vale (VALE3)
February 21, 2022
Brazil: CADE seals Oi’s future, BB Seguridade and Itaú release results
Petrobras and Vale will disclose production and sales data for the last quarter and 2021 in the coming days, in...
February 7, 2022
Gasoline breaks US$1.50 barrier for the first time in Brazil – ANP
The maximum price of gasoline sold at service stations in Brazil broke the R$8 (US$1.50) barrier for the first time...
January 29, 2022