Browsing Tag

petrobras

Through the signing of a memorandum of understanding, the companies Petrobras of Brazil and Enarsa of Argentina will seek an alliance in the field of natural gas. According to a statement about this alliance, it was established that "the non-binding agreement has a term of three years and will…
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Petrobras to invest in green hydrogen study

The Brazilian oil giant, Petrobras, announced an investment of R$90 million (equivalent to about $18.4 million) in an ambitious research project focused on the production of green hydrogen and its potential application as a renewable fuel…

Petrobras announces gas price reduction

Petrobas announced this Monday an agreement with distributors to reduce the price of a cubic meter of natural gas by 8.1 % as of next May compared to the average value of the quarter between February and April. The Brazilian oil company…

Petrobras announces fuel price reduction in Brazil

Jair Bolsonaro, president of Brazil, reported that Petrobras, the state-owned oil company, will initiate a plan of small weekly reductions in the price of fuels. However, the president did not specify quantities, percentages, or terms.…

Bolsonaro seeks to accelerate privatization of Eletrobras

The president of Brazil, Jair Bolsonaro, along with other members of the Government, handed over to Congress an interim measure to accelerate the privatization of the energy company Eletrobras. The company is on the list of State companies…

Brazil will eliminate diesel taxes

The president of Brazil, Jair Bolsonaro, announced that the government will eliminate federal taxes on diesel for two months, in order to seek the tax exemption indefinitely, and will abolish tax rates on gas permanently. This was…