Bolsonaro’s Advance On Tuesday Made Petrobras The Most Valuable Company In Brazil

Written by Paulo Nogueira

Published on 03/10/2018 at 11:20

Updated on 03/10/2018 at 14:12

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Investor Optimism Led to State-Owned Company’s Valuation of R$ 319.928 Billion, Surpassing Vale on October 2

With the progress of presidential candidate Jair Messias Bolsonaro (PSL) in the latest voter surveys this Tuesday (2), Petrobras’ shares were boosted, reaching a valuation of R$ 319.928 billion, surpassing even Vale, which is now the second largest company in value in Brazil, followed by Ambev and Itaú in third and fourth place, respectively.

Bolsonaro’s policy of opening the Brazilian market to global capital is seen by investors as a good indicator for future projects in the country, as the candidate has an ideological bias towards privatization in the Golden Share modality, whereby the government would still have some decision-making power in Petrobras.

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Petrobras Director Says the Worst Phase for the State-Owned Company Is Over

Petrobras completed 10 years of production in the pre-salt on September 2, with the first oil at the Jubarte Field in Espírito Santo. Since then, 20 offshore production units have been incorporated into the national fleet, bringing production to an incredible 1.5 million barrels of oil every day. Despite some deals that incurred losses for the state company and corruption investigations, Petrobras is now entering a phase of “positive ascendance.” Check here what the new phase of prosperity will be for Petrobras in 2018.

Bolsonaro’s Advance On Tuesday Made Petrobras The Most Valuable Company In Brazil

Investor Optimism Led to State-Owned Company’s Valuation of R$ 319.928 Billion, Surpassing Vale on October 2

Petrobras Director Says the Worst Phase for the State-Owned Company Is Over

Mother and daughter build a 70 m² house with more than 8,000 discarded glass bottles and impress with their creativity; known as the Casa de Sal, the property is located on Itamaracá Island, in Pernambuco.

He transformed an abandoned plastic water tank into an underground house in the “hobbit hole” style, using only repurposed pallet wood, without heavy machinery or expensive labor.

The river that “dies” in the desert never reaches the sea and yet gives life to one of Africa’s largest natural refuges in a truly impressive way.

China transforms desert-devastated area into the world’s largest artificial forest, planting trees for 60 years, blocking sand that reached Beijing, and creating a “green lung” of 92,000 hectares in a region once considered lost.

Toyota launches “family hybrid van” with 7 or 8 seats, 1.8 hybrid engine, fuel consumption of up to 23.8 km/l, and a price equivalent to about R$ 104,000 without taxes, below the Tiggo 8 Pro Plug-in Hybrid sold in Brazil: meet the Noah Hybrid 2026 in Japan.

Astronomers discover black hole wind traveling at 323 million km/h, a speed equivalent to 30% of the speed of light and considered a record.

China has deployed snake-shaped robots to slide along power lines, where they have already inspected over 130 kilometers of cables using cameras and sensors to detect damaged wires, worn-out parts, and overheating.

One of the most respected economists in Brazil was devastated because he forgot everything he read in two months. He created a secret handwritten method in 1979 that no app can imitate, and today he has 60 notebooks that prove memory is not a gift, it’s discipline.

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.

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.

Bolsonaro’s Advance On Tuesday Made Petrobras The Most Valuable Company In Brazil

Investor Optimism Led to State-Owned Company’s Valuation of R$ 319.928 Billion, Surpassing Vale on October 2

Petrobras Director Says the Worst Phase for the State-Owned Company Is Over

Mother and daughter build a 70 m² house with more than 8,000 discarded glass bottles and impress with their creativity; known as the Casa de Sal, the property is located on Itamaracá Island, in Pernambuco.

He transformed an abandoned plastic water tank into an underground house in the “hobbit hole” style, using only repurposed pallet wood, without heavy machinery or expensive labor.

The river that “dies” in the desert never reaches the sea and yet gives life to one of Africa’s largest natural refuges in a truly impressive way.

China transforms desert-devastated area into the world’s largest artificial forest, planting trees for 60 years, blocking sand that reached Beijing, and creating a “green lung” of 92,000 hectares in a region once considered lost.

Toyota launches “family hybrid van” with 7 or 8 seats, 1.8 hybrid engine, fuel consumption of up to 23.8 km/l, and a price equivalent to about R$ 104,000 without taxes, below the Tiggo 8 Pro Plug-in Hybrid sold in Brazil: meet the Noah Hybrid 2026 in Japan.

Astronomers discover black hole wind traveling at 323 million km/h, a speed equivalent to 30% of the speed of light and considered a record.

China has deployed snake-shaped robots to slide along power lines, where they have already inspected over 130 kilometers of cables using cameras and sensors to detect damaged wires, worn-out parts, and overheating.

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.

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.

One of the most respected economists in Brazil was devastated because he forgot everything he read in two months. He created a secret handwritten method in 1979 that no app can imitate, and today he has 60 notebooks that prove memory is not a gift, it’s discipline.

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.

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.