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Tag: Roberto Castello Branco

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Petrobras CEO Roberto Castello Branco announced an increase of R$0.10 per liter of diesel at refineries. The 4.84 percent increase is lower than the 5.7 percent the company announced and...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Oil giant, Petrobras, saw its shares plummet on Friday after the company announced it was cancelling a 5.7 percent diesel fuel price increase. Preferred shares fell by 7.75 percent, making...
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – After four years registering losses, Brazil’s oil giant, Petrobras, announced the company registered a net income of R$25.8 billion in 2018. This is the first positive result in five...
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – The increase in competition in the oil sector will benefit Brazilian consumers, said the new president of Petrobras, Roberto Castello Branco, on Thursday (January 3rd), after taking office. "The greater...
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Brazil’s future economy minister, Paulo Guedes, confirmed on Monday the name of economist Roberto Castello Branco as Petrobras’ new president. President-elect, Jair Bolsonaro, told reporters that his administration may...

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