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139 results for “petrobras”
Brazil Election Policy Divide Puts Petrobras, State-Owned Giants on Sale Block
A stark contrast between President Lula’s state-led model and the opposition’s radical privatization plans dominates the 2026 Brazil election.
Brazil Extends 12% Crude Oil Export Tax for 60 Days, Confirming Fiscal Priority Despite Court Ruling
Brazil’s government extended the 12% oil export tax for 60 days despite a court order to suspend it, maintaining high regulatory risk.
Petrobras and Brazilian Navy Formalize Strategic Cooperation, Underscoring National Asset Role
Brazil’s state-controlled oil company Petrobras signed a protocol with the Navy to strengthen security and logistics on strategic national waterways.
Brazil’s High Court to End Decade-Long Fracking Dispute on September 9
Brazil's Superior Tribunal of Justice will rule on the legality of hydraulic fracturing, setting a national standard for unconventional oil and gas.
Braskem Faces August 24 Deadline on Debt Stay as $10.3 Billion Restructuring Looms
Latin America’s largest petrochemical giant, Braskem, is scrambling for a deal before a court-ordered debt stay expires, forcing a decision on a massive restructuring.
Bolsonaro Camp Signals Policy Reversal Threat to Brazil’s New 32% Ethanol Blend Mandate
Presidential candidate Flávio Bolsonaro criticized the temporary E32 ethanol blend hike, signaling policy uncertainty for Brazil's energy sector.
Petrobras Secures Brazilian Navy Cooperation for High-Stakes Equatorial Margin Drilling
New naval cooperation agreement boosts legal and logistical security for Brazil's controversial oil frontier near the Amazon River mouth.
Foreign Investors Pull R$20.4 Billion from B3, Testing Brazil’s Broader Market
Foreign investors withdrew a net R$20.4 billion from the Brazilian stock exchange in August, signaling a sharp risk-off rotation away from local assets.
Brazil Election Pits State-Led Resource Exploitation Against Private Investment Model
The presidential race between Lula and Flávio Bolsonaro is defining Brazil's energy future, centering on state control vs. market liberalization.
PetroReconcavo Avoids US$60 Million CAPEX by Extending Petrobras Gas Processing Deal
Brazilian independent oil producer PetroReconcavo secured nearly a decade of operational certainty in Bahia by extending a natural gas processing agreement with Petrobras.
Petrobras Confirms Hydrocarbon Discovery in Foz do Amazonas, Opening Highly Contested New Brazil Oil Frontier
State-controlled Petrobras has confirmed an oil and gas find in the environmentally sensitive Foz do Amazonas Basin, a strategic move to replenish its reserves.
Marina Silva Warns of ‘Serra Pelada of Oil’ After Petrobras Discovery in Amazon Mouth
Brazil’s Environment Minister Marina Silva insists on extensive environmental studies before commercial exploration of oil in the sensitive Amazon Mouth region.
PetroReconcavo Suspends US$60 Million Plant Project After Securing Long-Term Gas Access from Petrobras
Independent producer PetroReconcavo will rely on state-owned infrastructure, signing a gas processing deal with Petrobras that allows it to scrap a major capital project.
Former Petrobras Director Warns New Amazon Oil Finds Need Policy Shift from Pre-Salt Model
Ildo Sauer, who helped launch Brazil's pre-salt oil era, argues new Equatorial Margin discoveries must change from a profit-focused model.
Lula Allies Push State-Controlled Oil Model on New Brazil Frontier After Petrobras Find
Petrobras confirmed a hydrocarbon find in the Equatorial Margin, fueling a push by Lula's allies to introduce a production sharing model for future blocks.
UK Court Rejects STF Nullification, Upholds Freeze on Ex-Petrobras Executive’s Assets
A London Crown Court allowed the SFO to use Lava Jato evidence, directly challenging an STF ruling that had nullified its use in Brazil.
Petrobras Confirms Hydrocarbon Discovery in Equatorial Margin, Sparking Hopes for Brazil’s ‘New Pre-Salt’
State-owned Petrobras has confirmed an oil discovery off Amapá, crucial to replacing declining pre-salt reserves.
Lula Elevates Equatorial Margin Oil Discovery to National Sovereignty Issue
Brazilian President Luiz Inácio Lula da Silva links Petrobras's new oil find off the Amazon coast to national security and future wealth.
Petrobras Confirms Oil Find at Amazon Mouth, Seeking Three More Wells Amid Environmental Clash
Brazil’s state-owned oil giant Petrobras found hydrocarbons in the deepwater Morpho well, intensifying a major political and environmental fight.
Brazil’s Twin Pressures: Fiscal Fear Meets State-Led Oil Boom
Growing public debt and bank demands for clarity clash with Lula's state-led growth agenda, as Petrobras announces a major oil find.
Lula Re-Frames Amazon Oil Drilling as Global Supply Chain Necessity, Citing Hormuz Risk
President Lula has shifted his justification for Equatorial Margin drilling to national security following Petrobras's Morpho discovery.
Petrobras Confirms Oil Discovery in Amazon Mouth Basin, Igniting Fierce Environmental and Economic Battle
State-owned Petrobras confirms hydrocarbons in the controversial Equatorial Margin, sparking a debate between Lula's economic vision and climate goals.
Petrobras Confirms Hydrocarbon Find Off Amapá, Reopening Brazil’s Equatorial Margin Oil Fight
State-run Petrobras confirmed hydrocarbons in the Foz do Amazonas basin, sparking an environmental-versus-energy security debate.
Romeu Zema Offers Pro-Market Alternative in Fragmented Brazil Election with Aggressive Privatization Push
Romeu Zema's presidential bid, backed by the Novo Party, is distinguished by its aggressive plan to privatize federal giants like Petrobras and Banco do Brasil.
Petrobras Vetoes Extraordinary Dividend Despite Record Profit, Signaling New Capital Allocation
Brazil's state-controlled oil giant Petrobras will prioritize investment and debt reduction over a large cash payout to shareholders, including the federal government.
Petrobras Suspends $1 Billion Pipeline Project Amid Government Push to Liberalize Brazil’s Natural Gas Market
Brazil’s state-controlled oil giant Petrobras is clashing with the government over a plan to force a 'Gas Release' to lower prices.
Presidential Candidate Zema Puts Brazil’s Full Privatization on the Table, Targeting Petrobras, Federal Banks
Former Minas Gerais Governor Romeu Zema proposes the full privatization of all federal state-owned companies, including Petrobras and the major federal banks, as a central pillar of his presidential campaign.
Final Brazil Court Victory Clears R$850 Million Payment from Petrobras to OceanPact
Brazil's Superior Court of Justice finalized a ruling compelling state-run Petrobras to pay up to R$850 million to maritime services firm OceanPact.
Petrobras Confirms Hydrocarbon Presence in Highly-Contested Amapá Offshore Block
State-run Petrobras announced a major find in the Equatorial Margin, a key region for Brazil's future oil reserves.
Brazil Congress Approves Sweeping Fuel Tax Relief, Linking Fiscal Health to Oil Windfall
Brazil's legislature approved a major fuel tax cut, offsetting revenue loss with increased oil royalties to fight inflation.