Portuguese 
Spanish 
2 min of reading 
Petrobras Employees Promise Relentless Protests In Response To This Measure By Pedro Parente, Know Which Refineries Are Involved
Petrobras presented to the market a proposal to sell control and operations of four oil refineries, two in the Northeast and two in the South. The proposal was presented by the company’s president, Pedro Parente, but it still needs to be approved by the Board of Directors and the Executive Board of the state-owned company. The proposal envisions that the private initiative would hold 60% of the shares and Petrobras would retain 40% of the units.
The partnerships would also include 12 land and water terminals. In the Northeast, the units that may be privatized are the Abreu e Lima Refinery and the Landulpho Alves Refinery. In the South, Petrobras aims to transfer the controlling stake of the Presidente Getúlio Vargas Refinery and the Alberto Pasqualini Refinery. Together, the four refineries have a capacity to process 846 thousand barrels per day. In total, the state-owned company has 13 refineries and holds 99% of the refining capacity in the country. The company’s president, Pedro Parente, commented that the sale should begin this year and may be completed next year. Source EBC.
Oil Workers Promise Protests
Union movements and Petrobras oil workers are already organizing in an attempt to halt the privatization process. Representatives of the category claim that this maneuver to sell their shares in the form of partnerships is merely a way to hand over the company to the private sector and all Brazilian treasure through “legal” means. According to Data Folha, 70% of Brazilians are against privatization, are you included in this percentage?
-
Dona Floripes is 103 years old, drinks Coca-Cola every day, dances alone at home, makes the doctor wait, and says she doesn’t consider herself old because old is what you throw away.
-
Dona Floripes is 103 years old, drinks Coca-Cola every day, dances alone at home, makes the doctor wait, and says she doesn’t consider herself old because old is what you throw away.
-
Dona Floripes is 103 years old, drinks Coca-Cola every day, dances alone at home, makes the doctor wait, and says she doesn’t consider herself old because old is what you throw away.
-
The 7-seater SUV has become an alternative for those who need space without spending much, combining a 260 hp V6 engine, automatic transmission, and the size of a large utility vehicle for less than R$ 80,000: meet the 2012 Hyundai Veracruz.
Be the first to react!