Bolsonaro’s nominee to run Petrobras stresses need for “balance” in fuel pricing
Brazilian President Jair Bolsonaro’s nominee to lead state-run oil company Petrobras said on Saturday, February 29th, the company needs to...
February 20, 2021Topic
Petrobras
Petrobras ADRs traded in New York slump over 9% after Bolsonaro nominates new CEOny’s CEO
Petrobras ADRs (PETR4;PETR3), depositary receipts traded on the New York Stock Exchange slumped over 9% on Friday night, February 19th,...
February 20, 2021
Petrobras CEO resisting pressure from Bolsonaro to resign – sources
The chief executive of Brazil’s state-led oil company Petrobras is resisting pressure from President Jair Bolsonaro to resign following tensions...
February 19, 2021
Why is Brazil´s gas consumption half that of Argentina, despite much larger economy?
Over the last 30 years there has been an ongoing discussion in Brazil on how to increase the share of...
February 13, 2021
Bolsonaro Pushes Truckers Pressure onto Governors by Proposing to Change State Taxes
With no room to meet truckers' demands, President Jair Bolsonaro announced on Friday, February 5th, that he is considering a...
February 6, 2021
Oil Production in Brazil up 5.5% in 2020 over 2019
Oil production in Brazil increased 5.5% in 2020, according to the Monthly Oil and Gas Production Report, released yesterday, February...
February 3, 2021
Petrobras Agrees Target Sales Price for Stake in BR Gas Station Chain – Sources
Brazil’s state-controlled oil producer Petroleo Brasileiro SA is considering selling its remaining stake in gas station chain BR Distribuidora if...
February 2, 2021
Brazil’s Eneva in Direct Talks for Petrobras’ Urucu Cluster Oilfield
Brazilian energy firm Eneva SA has entered into direct talks with state-run oil firm Petrobras to purchase a complex of...
February 2, 2021
Petrobras Oil Output Hit Record in 2020, Averaging 2.3 Million Barrels per Day
Crude oil output from fields operated by Brazil's energy major Petrobras hit a record last year despite the pandemic, at...
January 26, 2021