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Tag: 30 percent

By Jay Forte, Contributing Reporter RIO DE JANEIRO, BRAZIL - During a press conference in the Superior Military Court yesterday (November 13th), President-elect Jair Bolsonaro said that he intends to reduce the number of staff commissioned in the Executive arm...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The day after Brazil’s Chamber of Deputies approved the lifting of participation requirements for Petrobras on all exploration projects, Royal Dutch Shell executives went to Brasilia to talk to Brazilian...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Brazil’s Chamber of Deputies concluded on Wednesday the approval of a bill which changes the pre-salt oil exploration rules in the country withdrawing the requirement of a 30 percent participation...

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