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By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Faced with dwindling revenues, Brazil’s federal government decided to raise fuel taxes. The government’s objective is to raise R$10.4 billion with the additional levy and meet the primary deficit fiscal...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The state-owned oil giant of Brazil, Petrobras, announced on late on Wednesday (June 14th) a reduction of gasoline and diesel prices at its refineries. Gasoline prices will be reduced by...
By Georgia Grimond, Senior Contributing Report RIO DE JANEIRO, BRAZIL – The seemingly sleepy seaside town of Trancoso is located in the south of the Brazilian beach state of Bahia. Combining charming colonial architecture with a glorious rainbow palette and endless stretches...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – This week the government announced it had authorized the increase of gasoline and diesel fuel prices at Petrobras’ refineries. The price increase will vary from four percent for diesel to...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Petrobras announced Thursday afternoon an increase in gasoline and diesel prices. According to the state-controlled petroleum giant prices of gasoline at refineries increased by three percent, while prices of diesel...
By Lise Alves, Contributing Reporter SÃO PAULO, BRAZIL – In an effort to reduce the import of diesel fuel and reduce pollution, Brazil’s President Dilma Rousseff last week signed an executive order increasing the amount of biodiesel to be added...
By Stephen Eisenhammer, Contributing Reporter RIO DE JANEIRO, BRAZIL – Consumption of gasoline in Brazil continues to reach record heights as the country’s development powers forward, new data has shown. The first three months of 2012 registered new peaks for energy...
By Sarah de Sainte Croix, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Yesterday the Ministry of Finance announced plans for a reduction in taxes levied on fuel after Petrobras released a statement saying that they would be raising the...
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