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Petrobras

  • Tuesday, 4 June, 2024
    Energy Source
    What’s next for Petrobras after latest turmoil? Premium content

    A CEO’s departure stirred memories of damaging political interference at the Brazilian state-controlled oil major

    Jean Paul Prates
  • Wednesday, 22 May, 2024
    Brazilian politics
    Brazil’s supreme court overturns ‘Car Wash’ corruption convictions

    Reversal of high-profile rulings comes as country backtracks on graft probe

    José Dirceu, a leftwing politician and longtime ally of president Luiz Inácio Lula da Silv
  • Wednesday, 15 May, 2024
    Brazilian government ousts Petrobras chief after dispute over dividends

    Jean Paul Prates is fifth CEO of state-controlled oil major to leave in 3 years

    Jean Paul Prates
  • Monday, 25 March, 2024
    Brazilian politics
    Lula steps up interventions in Brazil’s largest companies

    Government involvement in Petrobras and Vale alarms investors as president calls market ‘voracious dinosaur’

    Luiz Inácio Lula da Silva at Planalto Palace in Brasília, Brazil on March 18 2024
  • Wednesday, 7 February, 2024
    InterviewOil & Gas industry
    Petrobras plans $100bn in spending to persist through ‘fade-out of oil’

    State-owned Brazilian energy group’s CEO embraces exploration, global expansion and renewables

    Jean Paul Prates, chief executive of Petrobras, speaks to investors in New York
  • Tuesday, 26 December, 2023
    InterviewBrazil
    Brazil environment minister demands ‘ceiling’ on oil production

    Comments contrast with government plan to become major crude exporter by 2029

    Marina Silva, Brazil’s environment minister
  • Sunday, 19 November, 2023
    News in-depth
    Petrobras aims to transform Brazil into global energy power

    South American nation set to join world’s top crude producers by end of decade

    The P-71 floating production unit
  • Wednesday, 21 June, 2023
    Interview
    Petrobras CEO says not keeping oil reserves up would be ‘fatal error’

    Brazilian oil major is trying to overcome opposition to plans for drilling off the mouth of the Amazon river

    Jean Paul Prates,
  • Thursday, 8 June, 2023
    Brazilian politics
    Brazil divided over oil drilling proposal off Amazon delta

    ‘A big fight’: potential new fossil fuel source causes rift in Lula government after green pledges

    The mouth of the Amazon River on the coast of Amapa state in Brazil
  • Friday, 30 December, 2022
    Oil & Gas industry
    Lula picks political ally as next Petrobras chief

    Senator Jean Paul Prates promises changes to fuel pricing policy at Brazilian state-controlled oil producer

    Petrobras headquarters in Rio de Janeiro
  • Thursday, 15 December, 2022
    Petrobras defends decarbonisation strategy as political pressure rises

    Latin America’s largest crude supplier says it does not want to ‘go woke, go broke’ as president-elect Lula pushes for change

    A Petrobras floating, production, storage and offloading vessel anchored in Rio de Janeiro, Brazil
  • Tuesday, 6 December, 2022
    Petrobras CEO to leave as Lula prepares to take office in Brazil

    President-elect has called for a change in strategy at the state-controlled oil producer

    People walk in front of the Petrobras oil company headquarters in Rio de Janeiro, Brazil
  • Wednesday, 2 November, 2022
    Lex
    Petrobras: fears of price fixing look overdone Premium content

    But the oil group is a symbol of Brazilian national pride so investors need to know more of Lula’s plans

    Refuelling a car at a Petrobras petrol station
  • Tuesday, 1 November, 2022
    News in-depthBrazilian politics
    Lula keeps investors guessing on his economic vision for Brazil

    Markets keen for details on how leftwing president can pursue path of fiscal responsibility

    Montage of Luiz Inácio Lula da Silva and Brazilian bank notes
  • Sunday, 30 October, 2022
    The Week Ahead
    Personalities put to the test in Brazilian and Israeli elections

    Results will signal future for rightwing strongmen, with contests teeing up the following week’s US midterms

  • Wednesday, 28 September, 2022
    ‘It cannot be the madness that it is today’: what’s next for Petrobras?

    Presidential candidates offer competing visions for Brazil’s most valuable listed business in energy transition

    A montage of Luiz Inácio Lula da Silva, Jair Bolsonaro, the Petrobras refinery and the Brazilian flag
  • Tuesday, 24 May, 2022
    Bolsonaro dumps third Petrobras chief executive as fuel prices soar

    Latest Brazilian state-controlled oil company boss lasted just weeks in job

    José Mauro Coelho speaks on a federal radio programme
  • Thursday, 14 April, 2022
    Petrobras moves on from leadership fiasco with new chief

    Technocrat José Mauro Coelho takes top job at Brazilian oil major after Bolsonaro sacked two previous bosses

    José Mauro Coelho speaks during a radio programme. He previously served as a public sector official
  • Thursday, 7 April, 2022
    FT News Briefing podcast9 min listen
    Did AutoX risk safety to look good for investors?

    The US targets Russia’s largest financial institutions in latest round of sanctions

  • Tuesday, 5 April, 2022
    Petrobras faces fresh turmoil as Brazilian government’s pick for chief withdraws

    Adriano Pires’s decision comes a day after nominated chair of oil group declined role

    A man fills a car with petrol at Petrobras service station
  • Sunday, 3 April, 2022
    Petrobras nominee rejects top job after football team is defeated

    Rodolfo Landim says he needs to focus on Rio de Janeiro club he runs after it lost the state championship

    Fluminense’s Germán Cano celebrates his team’s victory
  • Tuesday, 29 March, 2022
    Bolsonaro to replace Petrobras chief as fuel prices soar

    Brazil’s populist president names economist to lead Latin America’s largest oil producer as election looms

  • Sunday, 27 March, 2022
    Brazilian politics
    Bolsonaro’s fuel dilemma puts Petrobras chief on shaky ground

    Brazilian president examines his options to contain rising prices ahead of October polls

    Jair Bolsonaro and former defence minister Joaquim Silva e Luna in 2018.
  • Tuesday, 22 March, 2022
    Inside BusinessMichael Pooler
    Petrobras becomes a political football in upcoming Brazilian elections

    Big price rises for petrol, diesel and cooking gas spark anger from both Bolsonaro and Lula

    A gas station near the statue of Christ the Redeemer in Rio de Janeiro, Brazil
  • Friday, 26 November, 2021
    Petrobras doubles down on hydrocarbons as part of $68bn investment plan

    State-controlled group to prioritise oil and gas exploration and production

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