Tag Archives: Brazil

Will Petrobras Sell its Refineries by the Year-End Deadline?

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FEATURED Q&A Q: Brazilian state oil firm Petrobras is close to selling its first refinery after antitrust watchdog Cade in June approved the state oil company’s $1.65 billion deal with Abu Dhabi’s state-owned investment fund, Mubadala. However, the lengthy negotiating process between the two parties has raised concerns that the oil company will not be […]

Brazil Needs More Than Green Energy to Thrive

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Latin America’s biggest economy needs a more resilient and diverse energy grid to spark a real economic recovery.   By Mac Margolis for Bloomberg. Record joblessness (14.7%) and underemployment? Deepening poverty and a recrudescent pandemic that has already killed 465,000? No worries, Brazilian President Jair Bolsonaro and his Panglossian loyalists see no way but up. […]

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