Bolsonaro ou Haddad: Saibam o que o setor do petróleo espera do próximo presidente

Bolsonaro, Haddad, and the Oil and Gas Sector: What to Expect from the Next President

Written by Paulo Nogueira

Published on 06/10/2018 at 18:27

Updated on 06/10/2018 at 18:29

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Whether Haddad or Bolsonaro, Know Their Main Characteristics and Government Plans for the Oil and Gas Sector in 2019

Any potential election result favoring Fernando Haddad, representative of the Workers’ Party, or Jair Bolsonaro of the Social Liberal Party, will bring definitions for the currently weakened Brazilian oil and gas industry. It is worth remembering that all of this mainly involves a strategic decision from our future head of state. Before we cite the pros and cons of the victory that each candidate may bring, we will discuss the beginning of national content.

In 1999, Fernando Henrique Cardoso, then president of Brazil, following the example of countries like England and Norway, during the first round of bidding for exploratory blocks, imposed the requirement for national content which would later be substantially reduced by CNPE Resolution No. 7 of April 11, 2017, which had significant impacts on our supply chain.

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Fernando Haddad

The Brazilian people, more precisely the 13.2 million unemployed, long for definitions and in a possible handover of the presidential sash to Haddad, it is expected that the much-discussed national content will return to levels that boost market development, as well as recall the campaign of Lula’s first term (2003) when he brought back to the country construction contracts, for example, for platforms P51 and P52.

Well, that would be the positive point, but the negative would be the fear that such a revival of the shipbuilding industry, with many contracts to be negotiated, would bring back the specter of corruption, after all the efforts of Operation Car Wash, it would really not be good to see the country return to such undesirable paths as those we have gone through in the last 4 years.

Jair Messias Bolsonaro

In another scenario, with Bolsonaro ascending the ramp of the Planalto on January 1, 2019 as president, if judged by the government plan, privatization of Petrobras is expected to create free competition in the domestic market, lowering fuel costs and their inputs, with the state focused on education, health, and security, we would finally have the efficiency so dreamed of by Brazilians.

The negative side is that without state intervention, there is an expectation of approval of the already existing requests for review of local content (downwards according to his government plan) by winning petroleum companies from the bids, and why not say even a significant increase in these requests. The repetition of the current scenario, where the Japanese MODEC, winner of the Libra field, contracted only one topside module in Brazil (at Brasfels in Angra dos Reis), is a nightmare that workers in the shipbuilding industry do not want to continue facing in a new government.

Whether Haddad or Bolsonaro, in 2019 once again Brazilians are filled with hope for a stronger oil and gas industry, a stronger country, as the strength of our democracy is increasingly proven.

Bolsonaro, Haddad, and the Oil and Gas Sector: What to Expect from the Next President

Whether Haddad or Bolsonaro, Know Their Main Characteristics and Government Plans for the Oil and Gas Sector in 2019

Fernando Haddad

Jair Messias Bolsonaro

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Bolsonaro, Haddad, and the Oil and Gas Sector: What to Expect from the Next President

Whether Haddad or Bolsonaro, Know Their Main Characteristics and Government Plans for the Oil and Gas Sector in 2019

Fernando Haddad

Jair Messias Bolsonaro

Seen from space, an image taken by an astronaut shows an unlikely oasis in the Saudi Arabian desert, protected by a terrain that slows the advance of sand, surrounded by green circles, remnants of an extinct lake and nearly 10,000 years of preserved history.

While the U.S. still faces limitations in deep space, China is developing unprecedented technology with strategic satellites that maintain communication with the far side of the Moon and aims for dominance by 2030.

In Botswana, a salt flat of up to 16,000 km² that was once an African megalake spends months as an absolute white desert, but during the rainy season it transforms into a shallow sea that reappears from nowhere and can be seen from space in the middle of southern Africa.

The Blood Falls of Antarctica hide a living ecosystem trapped under the ice for over 2 million years, where microbes survive without light, without oxygen, and without ever having seen the Sun.

Bavarian archaeologists unearthed a medieval skeleton that had an articulated iron hand in place of its left arm, and the discovery reveals that doctors were already creating sophisticated prosthetics over 500 years ago.

The CEO of Honor in Spain says that smartphones will change with AI, foldables, and even robot phones; the component crisis is making cheap models more expensive in 2026 and shifting the focus to premium.

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Millions of Brazilians will have to work more in 2026: the score to retire has risen to 93 and 103, the minimum age has increased, and those who planned to retire this year may be in for a surprise.

Climate change slows down the Earth, postpones the one-second leap in clocks to 2029, and prevents an unprecedented risk of collapse in computational systems that depend on global time synchronization.

For R$ 66,800 in the Fipe table, the Chevrolet Onix LT 2023 delivers up to 735 km of range on a full tank, remains among the best-selling used cars in Brazil, and still appears as a more rational alternative than many brand new hatchbacks.

Brazilian company breaks industrial machines purposefully in a 10,000 m² warehouse in São Paulo and sold the idea for R$ 4 billion.

Urea reaches R$ 272 per sack on April 14, 2026, already rising nearly 75% at the ports and could soar even higher if the conflict in the Middle East escalates by May.