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
Roberto Castello Branco
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
Bolsonaro advocates intervention in Petrobras and fuel price predictability
Bolsonaro said that General Joaquim Silva e Luna is completing studies on the predictability of fuel readjustments.
May 29, 2021
U.S.-Brazil CEO Forum advocates “robust environmental sustainability agenda”
Under international pressure, Brazil participates this Thursday in the Leaders' Climate Summit, organized by U.S president Joe Biden, with the...
April 23, 2021
Petrobras approves army officer proposed by Bolsonaro as new president
The Board of Directors of Brazil's Petrobras approved on Friday as the new president of the state-owned oil company retired...
April 16, 2021
Credit Suisse joins other banks in reducing exposure to Brazil, but highlights 2 reasons not to reduce further
In line with what large international institutions have been doing, Credit Suisse reduced its exposure to Brazilian equities from overweight...
March 22, 2021
Military presence in the government favors Bolsonaro in polls, survey shows
With his popularity wavering, Jair Bolsonaro has increased the number of military officers in his government. The presence of Armed...
March 8, 2021
Brazil’s Economy Minister says he would rather leave than “push Brazil down the wrong path”
In a podcast, the Minister says he has Bolsonaro's trust and that a new round of aid without a fiscal...
March 2, 2021
Brazil government to submit two privatizations to Congress this week
The government's top officials have prepared a sturdy plan to dispel the financial market's unease after President Jair Bolsonaro demanded...
February 24, 2021