Tag: Petrobras

Tuesday, April 5th 2022 - 09:36 UTC
Bolsonaro still unable to find new Petrobras chief

Brazilian Economist Adriano Pires has turned down President Jair Bolsonaro's offer to chair the state-run oil company Petrobras after dismissing General Joaquim Silva e Luna, who repeatedly adjusted the price of fuel against the head of state's recommendations.
Tuesday, March 29th 2022 - 09:39 UTC
Bolsonaro sacks Petrobras chief, pending approval

The Brazilian Government Monday decided to sack Retired General Joaquim Silva e Luna as Petrobras CEO and appoint Economist Adriano Pires instead, after the price of fuel kept soaring, thus affecting President Jair Bolsonaro's chances of reelection.
Thursday, March 17th 2022 - 20:53 UTC
Increase in fuel price, a crime against Brazilians, says Bolsonaro

Brazil's oil company Petrobras came under heavy criticism Wednesday from President Jair Bolsonaro, who claimed the decision to raise the price of fuel at pumps was both “absurd” and “a crime against the population.”
Friday, March 11th 2022 - 08:41 UTC
Petrobras increases price of fuel for distributors after 57 days

Brazil's Petrobras has increased the price of refined gasoline and diesel for distributors as of March 11. The average price has gone up to R$3.86 (US$ 0.77) for regular fuel and R$4.51 (US$ 0.9) for diesel.
Thursday, December 2nd 2021 - 09:55 UTC
Guedes insists in privatizing Petrobras, since the world is heading for “a green and digital economy”

Brazilian economy minister Paulo Guedes underlined on Wednesday that the announced privatization plan of the government (some 100 companies) must include oil giant Petrobras because the “future is green” and in not so many years time the value of crude will be zero.
Wednesday, November 24th 2021 - 08:46 UTC
Bolsonaro favors reviewing Petrobras' formula to adjust price of fuel

Brazil's President Jair Bolsonaro Tuesday said he intended to have Petrobras' international parity system reviewed, although he fell short of disclosing how he planned to go about it.
Monday, October 25th 2021 - 22:03 UTC
Fuel goes up in Brazil amid international surge in crude oil

Brazil's oil company Petrobras Monday decreed an increase in the price of gasoline of 7.04% at refineries and 9.15% in the case of diesel fuel, it was announced. These adjustments were to impact the price consumers pay at pumps as of Tuesday.
Friday, October 15th 2021 - 01:27 UTC
Bolsonaro now wants Petrobras privatized

Brazil's President Jair Bolsonaro Thursday hinted he might put the national oil company Petrobras up for sale after being criticized for an increase in the price of fuel. During the 2018 presidential campaign, the retired Army Captain said he would only privatize it “if there was no other solution.”
Friday, July 23rd 2021 - 09:32 UTC
“The cancer of Brazil is corruption... democracy is solid rock”, outgoing US ambassador

Outgoing United States ambassador before Brazil, Todd Chapman said in an interview with O Estado de Sao Paulo that the threat of not holding elections in 2022, as expressed by some top officials from the president Jair Bolsonaro administration is not a serious problem. “Democracy is a solid rock in Brazil, the cancer is corruption”.
Wednesday, July 14th 2021 - 09:05 UTC
Brazilian President supports Cuban demonstrations, signs privatization of Eletrobras

Brazilian President Jair Bolsonaro Tuesday expressed his support for the Cuban people protesting against their living conditions under the Communist Government of Miguel Díaz-Canel.