Meet The Petrobras Companies Cleared For Sale By The Supreme Federal Court.

Written by Paulo Nogueira

Published on 10/06/2019 at 01:00

Updated on 08/06/2019 at 15:15

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The STF Plenary Decided This Friday, June 7, to Waive Legislative Approval and Bidding for the Sale of Subsidiary Companies and Mixed Economies.

The decision applies to companies belonging to energy holdings such as Petrobras and Eletrobras. However, it does not apply to the holdings themselves, which – according to the decision – need authorization from the National Congress to be sold. The main affected party in the STF’s decision is Petrobras. The company has sold and intends to sell some of its most important subsidiaries. A contrary decision from the STF could delay or even prevent – depending on the decision of deputies and senators – the sale of some companies.

Ibovespa Operates Up After STF Decision on State-Owned Enterprise Sales

The main indicator of the São Paulo stock exchange, B3, closed up this Friday, 7, after rising more than 1% the day before, favored by positive sentiment abroad and favorable repercussions of the STF decision that waives prior approval from the National Congress for the sale of controlling shares in subsidiaries of state-owned companies.

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Check Below the Companies That Petrobras May Sell

Petrobras Distribuidora
Petrobras Biocombustível
Liquigás
Breitener Energética, UTEs
Logum Logística SA
Petrobras Logística de Gás S.A. and TBG

See the Complete List of Petrobras’s Shareholdings

by epbr

Meet The Petrobras Companies Cleared For Sale By The Supreme Federal Court.

The STF Plenary Decided This Friday, June 7, to Waive Legislative Approval and Bidding for the Sale of Subsidiary Companies and Mixed Economies.

Ibovespa Operates Up After STF Decision on State-Owned Enterprise Sales

Check Below the Companies That Petrobras May Sell

See the Complete List of Petrobras’s Shareholdings

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.

Workers were opening a new road connection near the Marginal Tietê when they found, in the underground of the construction site, remnants of locomotives, wagons, and boilers from the 19th century linked to the forgotten history of Lapa.

Instead of burning or burying old tires, an American city is transforming about 2,000 of them into the street itself, paving its first sections with a quieter and more durable rubber asphalt.

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.

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.

Greek island offers free housing for volunteers, but there’s a condition: you need to take care of rescued cats.

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.

Drivers with licenses nearing expiration received an unexpected reprieve on the calendar, but the Contran extension only applies to those within specific dates.

Embrapa takes cashew, peanuts, and sesame to the world’s largest seed bank in Norway, where Brazil has already stored more than 8,000 samples since 2012 against pests and climate change.

China prepares mBridge, a new digital payment system with blockchain that promises transactions in seconds, lower fees, and the advancement of the digital renminbi while aiming to reduce dependence on the dollar in global trade.

Norway will excavate 3 million cubic meters of rock to open a 1,700-meter maritime tunnel, where ships will pass through a mountain in 10 minutes, escaping a stretch that has killed more than 30 people since 1900.

São Paulo accelerates basic sanitation with R$ 70 billion until 2029, expands treated water, sewage, and promises to advance universalization four years ahead of the national deadline.

Meet The Petrobras Companies Cleared For Sale By The Supreme Federal Court.

The STF Plenary Decided This Friday, June 7, to Waive Legislative Approval and Bidding for the Sale of Subsidiary Companies and Mixed Economies.

Ibovespa Operates Up After STF Decision on State-Owned Enterprise Sales

Check Below the Companies That Petrobras May Sell

See the Complete List of Petrobras’s Shareholdings

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.

Workers were opening a new road connection near the Marginal Tietê when they found, in the underground of the construction site, remnants of locomotives, wagons, and boilers from the 19th century linked to the forgotten history of Lapa.

Instead of burning or burying old tires, an American city is transforming about 2,000 of them into the street itself, paving its first sections with a quieter and more durable rubber asphalt.

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.

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.

Greek island offers free housing for volunteers, but there’s a condition: you need to take care of rescued cats.

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.

Government announces R$ 370 million for those who preserve the forest and an unprecedented initiative places traditional Amazonian communities at the center of conserving a vast area.

A family from Martins, in the interior of RN, planted seeds in their backyard that no one remembered where they came from and harvested a green and yellow fruit resembling the Brazilian flag; the nickname “World Cup pumpkin” caught on before they discovered what had actually grown there.

Most people use a tape measure their whole lives without ever understanding why some numbers are painted red; the explanation lies in a 16-inch spacing that is invaluable for those who work with walls and wood.

Without ATMs, with social networks blocked and travel controlled by the government, Eritrea challenges the modern world and reveals why it is called the “North Korea of Africa.”

Single wives in the “Little Italy” of Africa live decades without their husbands and support entire families after frustrated promises of migration to Europe.

Drivers with licenses nearing expiration received an unexpected reprieve on the calendar, but the Contran extension only applies to those within specific dates.

Embrapa takes cashew, peanuts, and sesame to the world’s largest seed bank in Norway, where Brazil has already stored more than 8,000 samples since 2012 against pests and climate change.

China prepares mBridge, a new digital payment system with blockchain that promises transactions in seconds, lower fees, and the advancement of the digital renminbi while aiming to reduce dependence on the dollar in global trade.

Norway will excavate 3 million cubic meters of rock to open a 1,700-meter maritime tunnel, where ships will pass through a mountain in 10 minutes, escaping a stretch that has killed more than 30 people since 1900.

São Paulo accelerates basic sanitation with R$ 70 billion until 2029, expands treated water, sewage, and promises to advance universalization four years ahead of the national deadline.