The National Agency of Petroleum, Natural Gas and Biofuels (ANP) revised the projections for royalty and special participation collection by the union and states this year. The revision changed the values, being lower this time.
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As everyone knows, the state of Rio de Janeiro is the largest collector of these resources in Brazil and consequently will feel the absence of these more strongly compared to other states.
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The prospector who heard about the advance of soy in Maranhão and opened a grocery store in Balsas in 1986 transformed that small store into Grupo Mateus, the third largest supermarket in Brazil, with revenues of R$ 43.5 billion and 490 units.
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Fiserv, the world’s largest payment processor, has just inaugurated its first factory outside Asia in Brazil. The unit in Betim (MG) will produce 100,000 Clover payment terminals per year and is part of a US$100 million investment that includes technology and expansion until 2027.
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Fiserv, the world’s largest payment processor, has just opened its first factory outside Asia in Brazil. The unit in Betim (MG) will produce 100,000 Clover payment terminals per year and is part of a US$100 million investment that includes technology and expansion until 2027.
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Pix could become a headache between Brazil and the US, and the Lula government will go to the White House to explain the system before pressure mounts.
The expectation is that the government of Rio de Janeiro will collect around R$ 11 billion in royalties and special participations this year, according to the revision made by the National Agency of Petroleum. The new amount is 9% lower than the last estimate of just over R$ 12 billion.
The state of Rio de Janeiro has barely started to recover from the biggest economic crisis in its history and is already at risk of having its “fragile balance” threatened by the drop in revenue from royalties.
OPEC (Organization of the Petroleum Exporting Countries) even tried to reverse the price situation with production cuts, but the drop in demand is still mandatory.

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