President Lula plans for Petrobras’ return to petrochemicals via Braskem’s nationalization
The government of Brazil's President Luiz Inácio Lula da Silva is working towards a corporate transaction that could potentially facilitate...
June 14, 2023Topic
Petrobras
Banks invested US$26 billion in Petrobras from 2016 to 2022
Petrobras was the 6th oil company that received the most funds from financial institutions from 2016 to 2022: US$26 billion.
April 21, 2023
Petrobras reached record profit of US$36 billion in 2022
Petrobras reached a record net profit of R$ 188.3 (US$36.3) billion in 2022, according to the report released Wednesday night...
March 2, 2023
Petrobras cuts fuel prices after tax return in Brazil; stock drops 4%
Petrobras announced on Tuesday (Feb. 28) the reduction of gasoline and diesel prices starting today (Mar. 1) for distributors. The...
March 1, 2023
Petrobras will be led by a former official and critic of the Brazilian oil company
President-elect Lula da Silva has appointed a senator and former Petrobras official to lead Brazil's state oil company, Jean Paul...
December 30, 2022
Brazil: What are Bolsonaro’s successes and mistakes in the economy
About to end, the government of Jair Bolsonaro (PL) brought advances in the economy and conflicts with many political and...
December 30, 2022
Brazilian VP Mourão says amendment to law on state-owned enterprises “mortally wounds” entry into OECD
On Thursday (Dec. 15), the Brazilian vice president, Hamilton Mourão, criticized the changes in the Law of state-owned companies
December 16, 2022 Petrobras’ market capitalization loses US$5.6 billion in a single day and US$41 billion since Oct. 21
The lightning approval of the change promoted by the House of Representatives in the State Law made Petrobras lose R$30...
December 15, 2022 Petrobras will invest US$78 billion in the next 5 years
Petrobras intends to invest US$78 billion in the next five years, according to the state-owned company's strategic plan for the...
December 1, 2022