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    Petrobras

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    • 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

    • Thursday, 4 March, 2021
      News in-depthBrazilian economy
      Petrobras row highlights Brazil’s dependence on truckers

      Bolsonaro ousted head of state-controlled oil major after he refused to cap price of fuel

      Drivers at a truck stop in Brazil
    • Friday, 26 February, 2021
      FT News Briefing podcast11 min listen
      US bond selloff, ex-Petrobras chief hits back, Ghana’s vaccines

      A violent sell-off in US government bonds ricocheted through markets on Thursday

    • Thursday, 25 February, 2021
      Ousted Petrobras chief hits back at Bolsonaro

      Outgoing chief says potential intervention in fuel prices would be disastrous for oil group

    • Thursday, 25 February, 2021
      Lex
      Petrobras/Bolsonaro: bossa boots Premium content

      The Brazilian president is reverting to the interventionism of leftist predecessors

    • Tuesday, 23 February, 2021
      Michael Stott
      Bolsonaro’s ousting of Petrobras chief unnerves Brazil

      Investors worry that the president is abandoning his commitment to free-market reforms

    • Tuesday, 23 February, 2021
      News in-depth
      Oil group Petrobras plunged into turmoil after CEO’s dismissal

      Investors fear the return of political meddling at Brazil’s largest company

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