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Petrobras Expects to Fall Short of Government Gas-Price Target

Petrobras Expects to Fall Short of Government Gas-Price Target
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New Petrobras Chief Seeks Ongoing Outside Investment

by Bloomberg |Wednesday, February 24, 2021 Brazil s president last week abruptly named a former defense minister to lead the state-controlled company. (Bloomberg) Petroleo Brasileiro SA’s incoming chief executive officer wants to continue opening the refining industry to outside investment and will avoid losses on fuel prices. Joaquim Silva e Luna, a former defense minister who President Jair Bolsonaro abruptly named to lead the state-controlled oil company last week, said in an interview that he’ll work with the board to understand how it prices fuel, while adding that there should be less volatility and more “predictability” and “transparency” for consumers.

Sao pauloRoberto castello brancoCastello brancoJoaquim silvae lunaSilvae lunaBloomberg petroleo brasileiroJair bolsonaroPresident jair bolsonaroOil and gas petroleum news events stories articles analysis commentary headlines stocks finance commodities maps picturesஸ்ம் பாலொரொபெர்டோ காஸ்டெல்லோ கிளைகாஸ்டெல்லோ கிளைப்ளூம்பெர்க் பெட்ரோலியோ பிரேசிலிரோஜெயர் போல்சனாரோப்ரெஸிடெஂட் ஜெயர் போல்சனாரோஎண்ணெய் மற்றும் வாயு பெட்ரோலியம் செய்தி நிகழ்வுகள் கதைகள் கட்டுரைகள் பகுப்பாய்வு வர்ணனை தலைப்புச் செய்திகள் ஸ்டாக்ஸ் நிதி பொருட்கள் வரைபடங்கள் படங்கள்

Petrobras Oil Output Hits Record as Most Peers Reel From Crash

Petrobras Oil Output Hits Record as Most Peers Reel From Crash Bloomberg 1/8/2021 Carlos Caminada © Bloomberg Petroleo Brasileiro SA (Petrobras) oil rigs stand under construction near gantry cranes at the Verolme shipyard near Angra dos Reis, Brazil on Thursday, April 23, 2020. The state-owned company has cut their diesel and gasoline prices, along with their oil production, as chronic oversupply overwhelms the world crude tanks, pipelines and supertankers. (Bloomberg) Petrobras wrapped up 2020 with record oil production just as most of its peers reeled from the worst crude-market crash in history. In a year that brought the U.S. shale industry to its knees, the Brazilian state-run giant pumped an all-time-high 2.3 million barrels a day of crude, according to a statement Thursday. That’s about the same as OPEC member Kuwait.

Saudi arabiaAngra dos reisEstado do rioBloomberg petrobrasBloomberg petroleo brasileiroPetroleo brasileiroGuanabara bayBloomberg peopleRio de janeiro basedசவுதி அரேபியாங்கற டோஸ் ரேஸ்எஸ்டாடோ செய் ரியோப்ளூம்பெர்க் பெட்ரோபிராஸ்ப்ளூம்பெர்க் பெட்ரோலியோ பிரேசிலிரோபெட்ரோலியோ பிரேசிலிரோகுனபார வளைகுடா