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Petrobras CEO says he has 'full autonomy' in fuel-price policy and cash flow

Thursday, February 12th 2015 - 05:55 UTC
Full article 14 comments

The new chief executive officer of Brazil's Petrobras said that he has full autonomy to dictate its own fuel-pricing policy and protect cash, even as he questioned the size of losses stemming from a giant corruption scandal. Read full article

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  • Brasileiro

    The government has to take the actions are very low and buy them back. The government owns 68% of shares of Petrobras. With 30 billion the government would be full owner of the company. That would be the best way.
    Brazil has 380 billion dollars still in the United States. We have to take advantage of the high dollar now and make good use of that money, including investing heavily in yuan.

    https://www.youtube.com/watch?v=DJvuf4G7B0o&list=FLmXPTu1f8AdGlizWNiASx2A&index=1

    Feb 12th, 2015 - 10:29 am - Link - Report abuse 0
  • ChrisR

    @ 1 Brasso

    Oh, you would love Petrobras to be government owned wouldn't you? Is that because they could hide the graft easier (you think?) or it keeps foreign investors away from Brazil?

    I have news for you sunshine, the way this is playing out NOBODY will be investing in the place when they KNOW from the world press that half their money is going into FatAss Dilma's pockets and that of the PT.

    As for having total control he is deluding himself. FatAssDilma can't leave anything alone, she always has to interfere and you can see the results right now.

    Why didn't she jump on the grafters when she was chairman? Oh, yes, it was Lula that did it so that's alright then.

    Feb 12th, 2015 - 10:51 am - Link - Report abuse 0
  • Tik Tok

    Perhaps you should read this Brasshole
    http://blogs.ft.com/beyond-brics/2015/02/11/original-sin-stalks-vulnerable-ems-as-us-dollar-surges/
    Petrobras need billions in investment to develop their oil reserves you twit, what investor is going to trust a 100% Government owned and PT inspired Petrobras.
    When God gave out brains you forgot to get in the line didn't you. Socialist twat.

    Feb 12th, 2015 - 02:36 pm - Link - Report abuse 0
  • Jack Bauer

    @1 brASSHOLE (CÚ)
    So you think the government should finish the job ?? buy the remaining SHARES (not ACTIONS you ignorANUS) and then bury the company...well that's the way it will go, if your fat arse Dilma has her way....your stupid ideas are always reason for laughter...keep 'em coming, dimwit !

    Feb 12th, 2015 - 05:58 pm - Link - Report abuse 0
  • Brasileiro

    Slander and swearing. These are the answers of the English. You are more foolish than I expected. The question is in the air ...

    Why the Brazilian government not buys back Petrobras cheap shares?

    https://www.youtube.com/watch?v=jeKwjMKSc7U&list=FLmXPTu1f8AdGlizWNiASx2A&index=10

    Feb 12th, 2015 - 09:41 pm - Link - Report abuse 0
  • yankeeboy

    They can't afford to buy PBR. They can't even keep the water on in their most populous city!!

    I just saw on the news that most of San Paulo is going to be without water very soon. 5 days off 2 days on with a rotating schedule.

    Bahahahhaaa
    They're doomed.

    Feb 12th, 2015 - 09:58 pm - Link - Report abuse 0
  • Brasileiro

    The Guarani Aquifer is the second largest aquifer in the world. It has the capacity to supply all mankind for 100 years with potable water.
    However, the largest aquifer in the world is Alter do Chão. It has the capacity to supply all humanity with drinking water for three hundred years.

    Alter do Chão is also in Brazil, entirely. The problem of São Paulo is no water.

    https://www.youtube.com/watch?v=85UW-ZYRzLQ

    Feb 12th, 2015 - 10:47 pm - Link - Report abuse 0
  • yankeeboy

    7. My gosh you are so stupid. Do you even live in Brazil?

    Why don't you take us all through step by step how you get the water from either Aquifers to San Paulo before the whole city runs out. Let me tell you since I think you're too stupid to figure it out by yourself. The people who NEED WATER NOW will be long dead before a drop can get to them from those Aquifers.

    Mind Numbingly stupid.

    Feb 12th, 2015 - 11:31 pm - Link - Report abuse 0
  • Brasileiro

    No movement can be done without the consent and approval of the State of São Paulo.
    Brazil is a Federation of States!

    Feb 12th, 2015 - 11:35 pm - Link - Report abuse 0
  • yankeeboy

    9. As I thought you are too stupid to understand what I am saying.

    http://www.npr.org/blogs/parallels/2015/02/10/384971276/a-historic-drought-grips-brazils-economic-capital

    There's no immediate solution to this problem.
    It will only get worse.

    Feb 13th, 2015 - 12:53 pm - Link - Report abuse 0
  • Jack Bauer

    @5 brASSHOLE
    “Slander and swearing. These are the answers of the English. You are more foolish than I expected. The question is in the air ...”

    You brainless twat, you really don't get it, do you ? You refuse to admit that the PT - your heroes - screwed PB, and now you think the solution is for them to buy the rest of the shares (not 'actions') ; IF that were a possibility - which it is not - where do YOU think the money would come from ?? the taxpayer !!! and what about all the small shareholders who invested their hard-earned cash, or bought into the privatization funds in 2001 ?? these people are average Brazilians, who trusted the government, and gave them their money, and now you suggest that Dilma should tell them all to f*ck off....simple as that ! I am convinced you are one of the most stupid , ignorant idiots on this planet, but I defy you to justify your ridiculous idea....or are you just a rat ??
    @7
    Why can't you stick to the subject ? what have the two aquifers got to do with PB ??? but since you mentioned them, when they start being explored, I just hope that the PT has long been buried, otherwise they will be used politically as well.
    @9
    How profound .......was that a joint effort or just one of you spouting BS ??

    Feb 13th, 2015 - 02:03 pm - Link - Report abuse 0
  • Brasileiro

    No replies. Do you want a banana?

    https://www.youtube.com/watch?v=ASXYzYSliYk&index=9&list=FLmXPTu1f8AdGlizWNiASx2A

    Feb 13th, 2015 - 09:48 pm - Link - Report abuse 0
  • Captain Poppy

    People are now beginning to hoard water in Sao Paulo.

    Good God........brasshole can't be real because.no one can't be that stupid and be breathing. He must need directions to eat and to be told when he is hungry.

    Feb 14th, 2015 - 04:54 am - Link - Report abuse 0
  • Jack Bauer

    @12brASSHOLE
    Didn't expect you to reply... sensibly. This would require you to have a brain.

    Feb 15th, 2015 - 09:33 pm - Link - Report abuse 0

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