Tags Gasoline

Tag: gasoline

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 Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Brazil’s oil giant, Petrobras, announced on Monday (December 5th) night, it was increasing the prices of gasoline and diesel at its refineries. The increase, scheduled to take effect on Tuesday,...
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 - The IPCA (Consumer Price Index) for the month of February registered an increase of 1.22 percent, according to the IBGE (Brazilian Statistics Bureau). This is the highest rate for the...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – An agreement between the Brazilian government and the country’s automotive and sugar-ethanol industry will increase the blend of ethanol in gasoline from 25 percent to 27 percent starting February 15th....
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 Andrew Willis, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Government-imposed price caps on fuel sold in Brazil continue to cause difficulties for state-led oil firm Petrobras, despite a surge in income during the fourth quarter of 2012....
By Andrew Willis, Contributing Reporter RIO DE JANEIRO, BRAZIL – Profits at Brazil’s state-led oil company, Petrobras, fell twelve percent during the three months ending September 30th, compared to the same period last year, according to results published last week....
By Andrew Willis, Contributing Reporter RIO DE JANEIRO, BRAZIL – Imports of gasoline and diesel are set to rise substantially next year at Petrobras, Brazil’s semi-state oil company, as refinery capacity fails to keep pace with growing domestic demand. The...
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