Brazil - 01

Brazil: Petrobras CEO Asks Chamber of Deputies Officials to Postpone Regulatory Reforms

On 21 September Petrobras CEO Aldemir Bendine met in private with a group of Chamber of Deputies officials led by ruling Workers’ Party (PT) member Jose Guimaraes. The group approached Bendine to discuss a congressional proposal that would change the current PSA model used in pre-salt layers to a concessions model, which is currently used for onshore areas. A potential fast-tracking of the proposal was due to be voted on last week, but Bendine allegedly asked the group to…

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