(Reuters, 26.Aug.2022) — President Jair Bolsonaro said on Friday he has authorized Minister of Mines and Energy Adolfo Sachsida to consider the privatization of oil company Petrobras next year, if...
(Bloomberg, 26.Aug.2022) — Luiz Inacio Lula da Silva’s plan to keep Brazil oil giant Petroleo Brasileiro SA as a state-controlled company if elected again is a mistake, according to Energy...
(Reuters, 16.May.2022) — Brazilian President Jair Bolsonaro suggested on Monday he may tinker with state-run company Petrobras' profit policy, cutting the percentage distributed to shareholders, as he looks to curb...
(Bloomberg, 11.May.2022) — Brazilian President Jair Bolsonaro replaced his Energy Minister just days after state-run Petroleo Brasileiro SA ignored his plea to not raise fuel prices, which has become a...
(Bloomberg, 9.May.2022) — Brazil’s state-controlled oil giant Petroleo Brasileiro SA raised domestic diesel prices just days after President Jair Bolsonaro bashed the company for too-high profits. After holding prices stable...
(DPI, 7.May.2022) — His Excellency Dr Irfaan Ali announced that Guyana and Brazil have agreed on an “actionable framework” in the areas of food security, energy, infrastructure and national security. This...
(DPI, 7.May.2022) — Guyana and Brazil have mutually agreed to provide legal assistance in civil and criminal matters, through the signing of two bilateral agreements, at the Arthur Chung Conference...
(Reuters, 5.May.2022) — Brazilian President Jair Bolsonaro on Thursday urged state-run oil company Petrobras not to raise fuel prices again, and compared the company's profits to a "rape" of the...
(Bloomberg, 28.Mar.2022) — Latin America’s biggest oil producer Petroleo Brasileiro SA will have its third chief executive officer since early 2021 after Joaquim Silva e Luna was pushed out following...
(Energy Analytics Institute, 22.Mar.2022) — Energy briefs including Venezuela’s Vice President Delcy Rodríguez commenting on the impact of US sanctions on Venezuela during her 2022 presentation of the “Memoria y...
(Bloomberg, 11.Mar.2022) — Brazil’s congress passed a tax reduction for fuels hours after state-controlled oil producer Petroleo Brasileiro SA caused a stir by increasing diesel and gasoline prices by as...
(Foreign Policy, 25.Feb.2022) — The highlights this week: how the war in Ukraine could prolong Venezuela’s political crisis, Colombia decriminalizes abortion, and a Mexican marathoner completes a cross-country journey. When Anti-Imperialism Meets Noninterference In the weeks...
(Energy Analytics Institute, 19.Jan.2022) — Energy briefs including Brazil’s President Jair Bolsonaro visiting w/ his counterparts in Suriname and Guyana to discuss oil and gas matters; and Venezuela’s state oil...
(Reuters, 17.Jan.2022) — Brazilian President Jair Bolsonaro will visit Suriname and Guyana on Thursday and Friday for talks on economic cooperation following recent discoveries of oil and gas by Brazil's...
(Reuters, 6.Nov.2021) — Brazilian President Jair Bolsonaro lamented on Saturday that state-run oil company Petrobras sets domestic fuel prices independent of government interference and repeated his desire to privatize the...
(Reuters, 25.Oct.2021) — Brazilian President Jair Bolsonaro reiterated that he is considering the privatization of state-run oil company Petrobras, boosting its shares along with news of a fresh price hike...
(Bloomberg, 20.Oct.2021) — For all President Jair Bolsonaro’s recent talk of privatizing Brazil’s crown jewel, oil giant Petrobras has struggled even to unload a handful of refineries. And its chances...
(Euronews, 7.Oct.2021) — Brazil's 2022 presidential election will be ballot between "fascism and democracy", former leftist leader Luiz Inacio Lula da Silva told Euronews, as he mulls mounting a challenge...
(Reuters, 31.Aug.2021) — Brazilian president Jair Bolsonaro said in an event in the state of Minas Gerais that he has discussed the reason for high fuel prices with the CEO...
(Reuters, 19.Aug.2021) — Brazil is negotiating with Argentina on the construction of a billion-dollar pipeline from the Vaca Muerta shale gas reserves, Brazilian President Jair Bolsonaro said on Thursday. Speaking...
(Xinhua, 13.Jul.2021) — Brazilian President Jair Bolsonaro signed into law on Tuesday a bill approved by Congress that paves the way for the privatization of state-owned electric utility company Eletrobras,...
(Reuters, 12.Apr.2021) — For many investors, the appointment of former army general Joaquim Silva e Luna as the new chief executive of Brazil's state-run oil company Petrobras was unexpected -...
(Reuters, 30.Mar.2021) — Brazil will replace the three heads of its armed forces, the Defense Ministry said on Tuesday, as Latin America’s biggest nation, already roiled by the pandemic, faced...
(Energy Analytics Institute, 18.Mar.2021) — Energy briefs from the Latin America and Caribbean region including: Banco do Brasil CEO resigning under pressures from Brazil’s President Jair Bolsonaro, Ecuador’s oil production...
(Reuters, 24.Feb.2021) — Brazilian President Jair Bolsonaro's decision to replace the head of state-run oil giant Petrobras threatens the government's privatization program and potentially the economy's medium-term growth prospects, ratings...
(Argus, 22.Feb.2021) — The share price of Brazil's Petrobras nosedived today after President Jair Bolsonaro moved to overhaul the state-controlled company's management, heralding a return to state intervention and threatening...
(Blooomberg, 19.Feb.2021) — Brazilian President Jair Bolsonaro said that more changes are underway after naming a former general to replace the University of Chicago-educated economist running state-controlled Petroleo Brasileiro SA....
(Reuters, 19.Feb.2021) — The chief executive of Brazil’s state-led oil company Petrobras is trying to fight off President Jair Bolsonaro’s bid to oust him over his insistence on raising gasoline...
(Reuters, 4.Feb.2021) — Brazilian President Jair Bolsonaro said he will meet on Friday with his Cabinet and the head of state-run oil company Petrobras to discuss diesel prices, a move...
(Reuters, 27.Jan.2021) — Brazilian President Jair Bolsonaro on Wednesday urged truckers not to strike on Feb. 1, suggesting he could lower diesel costs with tax breaks as he seeks to...
(Argus, 12.Aug.2020) — The Brazilian government's plan to sell state-owned pre-salt marketing company PPSA has stalled amid congressional foot-dragging over a change in pre-salt contract terms. Addressing reporters late yesterday,...
(Oilprice.com, 20.May.2020) — The coronavirus is spreading like wildfire in Brazil, and the country’s oil industry could get dragged down with it. “Brazil has the worst COVID growth rate of...
(Reuters, 6.Feb.2020) — Brazil's President Jair Bolsonaro said he is prepared to eliminate federal fuel taxes if state governors eliminate the "ICMS" state tax on gasoline and diesel. ICMS is...
(S&P Global Platts, 24.Jan.2020) — Brazil will discuss potential cooperation with OPEC on the sidelines of a Group of 20 event scheduled to be held in Saudi Arabia later this...
(Reuters, 6.Jan.2020) — Brazil’s government is working on a policy to reduce the local impact of spikes in international oil prices, officials said on Monday, reviving questions about the state...
(Rosneft, 15.Nov.2019) — During the visit of the President of the Russian Federation Vladimir Putin to the BRICS summit in Brazil, the Chief Executive Officer of PJSC Rosneft Oil Company...
(Americas Quarterly, Naki Mendoza, 5.Nov.2019) — A pre-salt auction 20 years in the making could have broad repercussions for the economy and Jair Bolsonaro’s government. Since its first pre-salt auction...
(Argus, 1.Nov.2019) — Brazil is targeting a Greek-flagged tanker as the source of a catastrophic oil spill that has spread across the northeastern coast. Federal police say the Suezmax Bouboulina...
(AAWSAT, Mosaed al-Zayani, 31.Oct.2019) — Brazil's President Jair Bolsonaro said Wednesday he was keen for his country to join OPEC, a move that would add the most significant new producer...
(Reuters, Stephen Kalin, Rania El Gamal, Alex Lawler, 30.Oct.2019) — Brazilian President Jair Bolsonaro said on Wednesday that he wants his country to join OPEC, a move that would add...
(Kallanish, 23.Oct.2019) — Brazil has collected some 900 tonnes of oil residue from its northeastern beaches since early September, the government said in a joint note Monday. According to the...
(Reuters, 18.Oct.2019) — Brazilian President Jair Bolsonaro questioned on Friday whether a far-reaching oil spill on the nation's northeastern shore may have been a criminal act designed to harm a...
(Bloomberg, Peter Millard, 14.Oct.2019) — For two years, Bolivia pushed to boost natural gas production, a longtime key to its prosperity, by drilling for new discoveries on its southeastern lowlands....
(The Wall Street Journal, Luciana Magalhaes and Jeffrey T. Lewis, 9.Oct.2019) — Long stretches of Brazil’s northeastern coast have been stained by oil slicks since early September, and at least...
(DW.com, 8.Oct.2019) — President Jair Bolsonaro has suggested a criminal element to the mystery oil slicks polluting Brazil's northeast coast. About 100 oil spills have been detected along the nation's...
(Reuters, Gram Slattery and Marta Nogueira, 16.Sep.2019) — - Brazilian President Jair Bolsonaro and Petrobras said on Monday the oil firm was not planning to immediately raise fuel prices in...
(Petrobras, 26.Aug.2019) — Petrobras reports that it received the Official Letter No. 269/2019/CVM/SEP/GEA-1, which requests the following clarification: Official Letter No 269/2019/CVM/SEP/GEA-1 “Dear Executive Officer, 1. We refer to the...
(Reuters, 21.Aug.2019) — The economic team of Brazilian President Jair Bolsonaro wants to privatize state-controlled oil company Petroleo Brasileiro SA before the end of his term in 2022, Brazilian newspaper...
(Reuters, 21.Aug.2019 ) — The economic team of Brazilian President Jair Bolsonaro wants to privatize state-controlled oil company Petroleo Brasileiro SA before the end of his term in 2022, Brazilian...
(AFP, 14.Jun.2019) — A nationwide strike called by Brazil's trade unions disrupted public transport and triggered road blocks in parts of the country Friday, ahead of protests against far-right President...
(Energy Analytics Institute, Ian Silverman, 6.Jun.2019) — Argentina’s Energy Secretariat Gustavo Lopetegui met 6 June with Brazil’s Minister of Mines and Energy Bento Albuquerque under the framework of President Jair...
(WoodMac, 15.May.2019) — The two dominant players in Latin American oil and gas – Petrobras and Pemex – should face negative net gasoline balance for decades to come. This makes...
(Energy.gov, 13.May.2019) — Today, U.S. Secretary of Energy Rick Perry was in Bogotá, Colombia for the Concordia Americas Summit, a gathering of government and private sector leaders held to discuss...
(Ft.com, Bryan Harris and Andres Schipani, 24.Apr.2019) — Castello Branco knows Brazil oil group needs to show autonomy to regain investor trust. Roberto Castello Branco, the new chief of Brazilian...
(AP, Peter Prengaman and Mauricio Savarse, 13.Apr.2019) — The administration of President Jair Bolsonaro plans to auction seven offshore oil fields in the northeast despite contrary advice from analysts of...
(Bloomberg, Simone Preissler Iglesias and Sabrina Valle, 12.Apr.2019) — A conversation lasting less than 20 minutes was enough to put the neo-liberal credentials of Brazil President Jair Bolsonaro’s government in...
(Reuters, 16.Mar.2019) — A delegation from China will visit Argentina this month to discuss the construction of a nuclear power plant, signalling possible progress in a deal that could increase...
(Bloomberg, Peter Millard, 3.Mar.2019) — There’s enough as-yet-unassigned oil under the Atlantic Ocean off Brazil’s Rio de Janeiro to keep the entire world running for almost six months. So why...
(Reuters, 6.Feb.2019) — The United States has asked Brazil to consider lifting tariffs imposed on its ethanol exports and is hopeful of a positive outcome, a senior official at the...
(Foreign Policy, Lisa Viscidi and Nate Graham, 4.Jan.2019) — This coming November, delegates from nearly every country had been scheduled to gather in Brazil to discuss climate change at the...
(Reuters, Gram Slattery, 3.Jan.2019) — Depending on who you ask, Roberto Castello Branco, the new chief executive of Brazil’s Petroleo Brasileiro SA, will either save the indebted oil major -...
(Kallanish Energy, 3.Jan.2019) — Bolivian left-wing autocrat President Evo Morales congratulated and welcomed Brazil’s far-right populist President, Jair Bolsonaro, while attending the latter’s swearing-in ceremony in Brazil Tuesday. Despite their...
(Reuters, Marta Nogueira, 17.Dec.2018) — Brazil’s National Council for Energy Policy (CNPE) in a meeting on Monday approved the sixth-round auction for the country’s pre-salt offshore oil area to be...
(Reuters, 8.Dec.2018) — Brazil’s incoming mines and energy minister, Bento Albuquerque, supports more nuclear and wind power development to diversify the country’s energy matrix, while saying hydro power had reached...
(AP, 30.Nov.2018) — Brazil has withdrawn its offer to host a large United Nations conference on climate change next year, the foreign ministry said on Wednesday, leading environmental groups to...
(Arabian Business, 26.Nov. 2018) — UAE says to expand its multi-billion dollar investments in Brazil as long as it’s no longer labeled a tax haven by Latin America’s largest economy...
(Bloomberg, Sabrina Valle and Samy Adghirni, 23.Nov.2018) — President-elect Jair Bolsonaro is pursuing the sale of Brazil’s deep-sea treasure-trove of oil, but just weeks after his election he’s facing the...
(AP, 21.Nov.2018) — Brazil’s President-elect Jair Bolsonaro named pro-market reformer Roberto Castello Branco, as future chief executive of the country's state-controlled oil company, Petrobras, on Monday. Castello Branco, a former...
(The National, Robin Mills, 11.Nov.2018) — New president may make unpleasant listening but he says he wants to open up the country's energy industry, which would be a good thing....
(Reuters, Rodrigo Viga Gaier, Marta Nogueira, 9.Nov.2018) — Brazil’s Vice-President-elect Hamilton Mourão said on Twitter he was “very much impressed” after meeting on Friday with top executives at state-run oil...
(Bloomberg, Sabrina Valle, 4.Nov.2018) — Jair Bolsonaro’s energy team is keen to push for the sale of prized Brazilian crude deposits in an auction that could give Big Oil access...
(Bloomberg, Sabrina Valle, 29.Oct.2018) — Brazil’s President-elect Jair Bolsonaro is staring at an oil windfall. After a decade of stagnant production, Brazil’s offshore mega-projects are about to deliver a double...
(Reuters, Alexandra Alper, Tatiana Bautzer, Rodrigo Viga Gaier, 12.Oct.2018) — Nationalistic and free market advisers to Brazil’s right-wing presidential frontrunner are deeply split about the future of state-run oil company...