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Petrobras in talks with presidential hopefuls, eyeing diesel hedge

September 12/2018

MOSCOW (MRC) -- Executives at Brazils Petroleo Brasileiro SA said they have hosted meetings with economic advisors to presidential candidates ahead of wide-open elections next month, and could adopt a diesel price hedge similar to one announced for gasoline prices last week, as per Reuters.

Speaking at an event in Sao Paulo, executives said Petrobras officials had shared business plans with the campaign advisors during the meetings, which were cordial and interesting and began two weeks ago.

In August 2018, Petroleo Brasileiro SA began procedures to reopen its largest refinery, closed after an explosion and fire, last week-end, Gustavo Marsaioli.

Headquartered in Rio de Janeiro, Petrobras is an integrated energy firm. Petrobras' activities include exploration, exploitation and production of oil from reservoir wells, shale and other rocks as well as refining, processing, trade and transport of oil and oil products, natural gas and other fluid hydrocarbons, in addition to other energy-related activities.
Author:Anna Larionova
Tags:petroleum products, petrochemistry, Crude oil, Petrobras.
Category:General News
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