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Bank building next to Petrobras headquarters. The National Bank for Economic and Social Development or NBESD (Portuguese: Banco Nacional de Desenvolvimento Econômico e Social, abbreviated: BNDES) [2] [3] [4] is a development bank structured as a federal public company associated with the Ministry of the Economy of Brazil. The stated goal is to ...
Vibra Energia (formerly Petrobras Distribuidora or BR) is the largest distributor and marketer of petroleum derivatives and biofuels of Brazil and Latin America. It was a subsidiary of Petrobras until 2021 but now it is a corporation. The company has more than 8,000 gas stations in Brazil.
The bank has begun non-sovereign operations with loans approved in Brazil, South Africa, and Russia. In May 2024, BRICS Development Bank announces to allocate US$1.115 bi to Rio Grande do Sul for rebuilding the urban and rural infrastructure after the 2024 floods .
Starting loan balance. Monthly payment. Paid toward principal. Paid toward interest. New loan balance. Month 1. $20,000. $387. $287. $100. $19,713. Month 2. $19,713. $387
Transpetro, a fully owned subsidiary of Petrobras, was established on 12 June 1998, as per legislation (Act no. 9.478/1997) which restructured the oil sector in Brazil. In addition to Petrobras, Transpetro provides services to several distributing companies and to the petrochemical industry.
Petrobras sponsored the Brazilian Série A from 2009 to 2012. [80] Petrobras was a secondary sponsor for the AT&T Williams F1 Team from 1998 to 2008 and signed again with Williams F1 from 2014 onwards. [81] From 2018, Petrobras left Williams and sponsored McLaren, but cancelled their sponsorship at the end of 2019.
Political map of COMPERJ. The Rio de Janeiro Petrochemical Complex, (Brazilian Portuguese: Complexo Petroquímico do Rio de Janeiro; abbreviated as COMPERJ), is a petrochemical facility in Itaboraí, Rio de Janeiro, Brazil built by Petrobras on a 45 km 2 piece of land making it the largest single enterprise by Petrobras and one of the largest industrial facilities in the world.
The Brazilian government provided three important initial drivers for the ethanol industry: guaranteed purchases by the state-owned oil company Petrobras, low-interest loans for agro-industrial ethanol firms, and fixed gasoline and ethanol prices where hydrous ethanol sold for 59% of the government-set gasoline price at the pump. Subsidising ...