Petrobras pode não ter mais o monopólio de refino e acabará com subsídios do diesel

Petrobras May No Longer Have Refining Monopoly and Will End Diesel Subsidies

Written by Paulo Nogueira

Published on 04/01/2019 at 12:17

Updated on 04/01/2019 at 14:20

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The New President of Petrobras Criticized the Government’s History of Interference and Promised to Pursue Policies That Increase Profit, Echoing a Broader Promise from President Jair Bolsonaro to Reduce the Role of the State in the Largest Economy in Latin America.

Roberto Castello Branco, who assumed the presidency of Petrobras on Thursday, said he is “outraged” by the company’s moral and financial crisis in recent years and promised to increase oil production and reduce the largest debt burden of any publicly traded oil company. The deep-water oil state will also continue with a divestment program that has helped raise funds and optimize its operations, he said.

“Fuel prices should be aligned with international ones, with a ‘no’ to subsidies or attempts to have a monopoly,” Castello Branco said in his inauguration speech. “We are pro-market economists. We like competition,” he told reporters afterward.

The Minister of Energy, Bento Albuquerque, who attended the ceremony in Rio de Janeiro, said that the government will end diesel subsidies that were implemented last year to appease truck drivers on strike. Castello Branco said that Petrobras should not enjoy any monopoly and called for more competition in the Brazilian refining industry.

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Petrobras May No Longer Have Refining Monopoly and Will End Diesel Subsidies

The New President of Petrobras Criticized the Government’s History of Interference and Promised to Pursue Policies That Increase Profit, Echoing a Broader Promise from President Jair Bolsonaro to Reduce the Role of the State in the Largest Economy in Latin America.

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Petrobras May No Longer Have Refining Monopoly and Will End Diesel Subsidies

The New President of Petrobras Criticized the Government’s History of Interference and Promised to Pursue Policies That Increase Profit, Echoing a Broader Promise from President Jair Bolsonaro to Reduce the Role of the State in the Largest Economy in Latin America.

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.

With 7.4 trillion tons of artificial snow pumped in 10 years, an extreme operation could stabilize the West Antarctic ice sheet and prevent a sea level rise of more than 3 meters, but it would require snow cannons, ocean water, and energy on an almost industrial scale at the end of the world.

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.

In the Saudi Arabian desert, the world’s largest green hydrogen plant is 80% complete and will use 4 gigawatts of solar and wind energy to produce 600 tons of clean fuel per day when it opens in 2027.

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