News of petrobras

Oil giant Petrobras sheds US$19 billion in value over two days

22-02-2021 20:45 A sell-off in Brazil’s state-controlled oil firm Petrobras picked up on Monday after a group of analysts downgraded the stock within 24 hours, following Jair Bolsonaro's decision to replace the company’s chief executive officer.

BLOOMBERG – ANALYSIS

Bolsonaro calls for more changes after general goes to Petrobras

21-02-2021 08:25 Brazil leader says that more changes are underway after naming a former general to head Petrobras. Experts say Bolsonaro has chosen "economic populism."

BRAZIL UNDER BOLSONARO

Bolsonaro appoints Army reserve general to head Petrobras

21-02-2021 08:12 Brazil's far-right president appoints Army reserve general Joaquim Silva e Luna to lead state-owned energy giant Petrobras, after criticising several successive increases in the price of fuel.