Tag: Fernando Coelho Filho

• Wednesday, October 4th 2017 - 08:22 UTC

  Petrobras controversy: Brazil denies any current plans to privatize the company

  

  A senior official in Brazil said there are no current plans to privatize the national oil company to deal with its massive debt, according to a new report by Reuters. Fernando Coelho Filho, the minister of mines and energy, had suggested that Petrobras could face such a sale in the future, but did not provide a concrete timeline.

• Wednesday, August 23rd 2017 - 09:55 UTC

  Temer prepared to privatize one of Brazil's jewels of the crown

  

  Brazil's surprise move to privatize Centrais Eletricas Brasileiras SA sent the utility's shares soaring nearly 50% on Tuesday as investors bet the plan augured further moves to loosen the government's grip on the economy.

• Saturday, July 8th 2017 - 23:32 UTC

  Brazil plans to overhaul power market to eliminate money losing subsidiaries

  

  Brazil has announced plans to overhaul the power market which could lead to higher rates and rid the state controlled Electrobras utility of money losing subsidiaries.

• Friday, November 11th 2016 - 19:28 UTC

  Petrobras signs US$ 1.2bn contract for natural gas exploration in southern Bolivia

  

  Executives of Brazilian state oil company Petrobras and Bolivian counterpart YPFB signed this week a contract for a US$1.2 billion natural-gas exploration venture in southern Bolivia. Bolivian President Evo Morales and Brazil's minister of mines and energy, Fernando Coelho Filho, traveled to Bolivia's eastern city of Santa Cruz for the signing ceremony.