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The P-51 Platform, the first semisubmersible platform built entirely in Brazil, capable of producing up to 180,000 barrels of oil per day, started production in the Campos Basin in January 2009, [39] and in February 2009, China agreed to loan Petrobras US$10 billion in exchange for a supply of 60,000–100,000 barrels of oil per day to a ...
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 ...
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 ...
Brazil's Petrobras has given the company's board a formal supervisory role over fuel pricing decisions, it said on Wednesday, a sensitive matter given that fuel prices have become a major election ...
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.
Brazil's state-run oil company Petrobras said on Wednesday it has signed a contract to sell the REMAN refinery in the northern state of Amazonas for $189.5 million to Ream Participações S.A., a ...
Bank of Brazil Insurance Group [5] 17/12/2012: 20/12/2012: 8 BB Corretora de Seguros e Administradora de Bens S.A. BB CORRETORA: Ministério da Fazenda: Bank of Brazil Insurance Group [5] 30/06/1987: 30/06/1987: 9 BB Gestão de Recursos Distribuidora de Títulos e Valores Mobiliários S.A. BB DTVM: Ministério da Fazenda: Bank of Brazil Group ...
Since unsecured business loans pose a higher risk for lenders, there are often strict eligibility requirements to make sure you repay the loan. Having the right documents ready can help the ...