Petrobras Bets $1.2 Billion on Jet Fuel Made From Plants
Petrobras approved a one-point-two-billion-dollar plant to make bio-jet fuel and renewable diesel at its Cubatão refinery, with start-up planned for...
June 22, 2026Topic
Petrobras
Petrobras Teams Up With Equinor to Drill a New Campos Frontier
Petrobras agreed to take half of Equinor's Itaimbezinho block in the Campos Basin, deepening a partnership as Brazil's oil giant...
June 22, 2026
Elliott Buys Into Braskem’s Debt, Raising the Stakes in Its Rescue
Activist investor Elliott and SVP Global have bought into Braskem's debt, adding tough new players to the restructuring of the...
June 20, 2026
Mexico’s Pemex Heads to Brazil to Seal a Deal With Petrobras
Pemex, carrying $80B in debt and output halved to 1.6M bpd, sends team to Brazil this month to sign a...
June 20, 2026
Brazil’s Stock Market Holds Flat as It Steadies on Key Support
Brazil's Ibovespa edged up just 0.03% to 168,333 on June 19, holding a third straight calm session above key 166,000...
June 20, 2026 Brazil’s Stock Market Ends Flat as a Rate Cut Meets Global Caution
Brazil's Ibovespa ended flat at 168,277.55 on June 18 as a Selic cut to 14.25% met global caution after the...
June 19, 2026
Brazil’s Stock Market Pauses as Home Inflation Runs Hot
Brazil's Ibovespa slipped 0.21% to 171,133 on June 12, 2026, a give-back after its record as hotter inflation revived rate...
June 15, 2026
Major Refineries Pulled Into Brazil’s Crime-Fuel Scandal
A Brazil fuel fraud probe now reaches major refineries that sold 100 million liters of naphtha to a firm accused...
June 13, 2026
Brazil’s Financial Morning Call for Tuesday, June 2, 2026
Brazil's Ibovespa fell a sixth day to 172,197 with stochastic at extreme-oversold 30.8 as oil surged 6% on Iran suspending...
June 2, 2026