Petrobras: A Meeting Between Lula and Prates Put Fuel Pricing Policies at Stake, Jean Prates Received the Green Light from the Board of Directors This Thursday (26) to Lead the State-Owned Company

Escrito por Bruno Teles

Publicado em 27/01/2023 às 11:55

Atualizado em 27/01/2023 às 11:56

Jean Paul Prastes (Foto/divulgação)

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Petrobras (PETR4) Now Has a New President: Jean Paul Prates, Who Is a Critic of State Pricing Policy, With a Focus on Pre-Salt Operations and Distribution of Billion-Dollar Dividends – Which Made Investors Turn Up Their Noses at His Appointment, Which Took Place on This Thursday (26).

A few days before being endorsed by the company’s board of directors, Prates Tried to Calm Market Nerves and Assured in Advance That There Would Be No Intervention in Fuel Prices.

Jean Paul Prates Is the New President of Petrobras

YouTube video — Via SBT Brasil (01/26/23)

However, he has yet to rectify his statements about the dividends of this state-owned company, which is still the largest dividend payer in the world.

“A Long-Term Company Cannot Just Keep Taking Pre-Salt from the Sea and Distributing Dividends,” Reaffirmed Jean Paul Prates Earlier This Month.

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With All These Statements in Tow and Still Watching Petrobras Shares Plummet on B3, Prates Met with Lula at the Palácio do Planalto.

Among the Topics Discussed at the Table, According to Some Sources, Were the Names That May Still Be Indicated by the Union to the Board of Directors of the State-Owned Company.

Shortly After the Meeting, Jean Paul Prates Stated in a Video for Petrobras Employees That He Advocates for the State-Owned Company to Be a Driver of Economic Growth, Seeking New Frontiers, and Also Excelling in Oil and Gas Production and Leading the Energy Transition.

Regarding the Meeting, President Lula Did Not Say a Single Word. The Two Are Expected to Meet Today (27) and on Monday (03).

Be It Now or Even in Future Moments, Both Will Still Have to Address Petrobras’ Pricing Policy – After All, Throughout the Election Campaign, Lula Repeated Several Times That He Would Still Abolish the Price Parity Model to Reduce Fuel Prices at Refineries.

This Tuesday (24), Before Prates Arrived at His New Residence, Petrobras Announced a New Price Adjustment.

Petrobras: A Meeting Between Lula and Prates Put Fuel Pricing Policies at Stake, Jean Prates Received the Green Light from the Board of Directors This Thursday (26) to Lead the State-Owned Company

Petrobras (PETR4) Now Has a New President: Jean Paul Prates, Who Is a Critic of State Pricing Policy, With a Focus on Pre-Salt Operations and Distribution of Billion-Dollar Dividends – Which Made Investors Turn Up Their Noses at His Appointment, Which Took Place on This Thursday (26).

Jean Paul Prates Is the New President of Petrobras

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Petrobras: A Meeting Between Lula and Prates Put Fuel Pricing Policies at Stake, Jean Prates Received the Green Light from the Board of Directors This Thursday (26) to Lead the State-Owned Company

Petrobras (PETR4) Now Has a New President: Jean Paul Prates, Who Is a Critic of State Pricing Policy, With a Focus on Pre-Salt Operations and Distribution of Billion-Dollar Dividends – Which Made Investors Turn Up Their Noses at His Appointment, Which Took Place on This Thursday (26).

Jean Paul Prates Is the New President of Petrobras

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The world’s first octopus farm wants to open in the Canary Islands and is already provoking an international reaction: the plan aims to produce 3,000 tons per year.

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Billions of barrels on the equatorial margin could lead Amapá to double its oil production in Brazil — the state wants to enter the route of companies in the Campos Basin, attract investments, and boost jobs and businesses in the oil and gas sector.

Without bricks, without cement, and without endless construction: the cardboard house that is assembled in modules and can be moved.

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