Brazil - 04

Brazil: Oil Unions Call for Petrobras Resignations, Ending Truce

On 8 June the FUP – Brazil’s largest organization of oil unions – and a number of other leftist groups, such as the Main Workers’ Central (CUT) and the Landless Workers’ Movement (MST) protested in Rio de Janeiro against the “privatization” of Petrobras. They also called for Parente’s resignation as well as those of all

Brazil - 02

Brazil: Parente Stays On as CEO: A Good Moment for Petrobras

Petrobras announced this week that CEO Pedro Parente’s tenure has been renewed for an additional two years to 2019. The decision was approved in a board meeting on 26 March. Parente took over as CEO in May 2016 following Aldemir Bendine’s resignation. Bendine, who had served as the head of the state-owned Banco do Brasil,

Brazil - 03

Brazil: Imminent Executive Decree to Add Flexibility to Local Content Policies

In recent days several local media sources have reported that the Rousseff administration is preparing an executive decree that will make oil sector local content policies more flexible. Speculation over the changes began after the newspaper Folha de Sao Paulo published a report on 27 October – using material allegedly provided by the Ministry of