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Murray News

Biodiesel policy puts Petrobras, government again at odds

Oil giant disagrees with increasing biodiesel share in diesel blend as defended by the Lula administration 03/20/2024 Jean Paul Prates — Foto: Lula Marques/ Agência Brasil After the crisis generated by Petrobras’s decision to put the payment of extraordinary dividends on hold, a bill aimed at encouraging the production of more environmentally friendly fuels is […]

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20 de March de 2024/by Gelcy Bueno
Murray News

Kuwait’s PIC starts due diligence as Braskem seeks buyer

KPC’s subsidiary is analyzing assets of petrochemical company owned by Novonor and Petrobras 03/20/2024 Roberto Bischoff — Foto: Leo Pinheiro/Valor Two Arab groups interested in acquiring Braskem are conducting due diligence on the petrochemical company and a third one decided not to proceed with the deal, Valor has learned. Petrochemical Industries Company (PIC), a subsidiary […]

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20 de March de 2024/by Gelcy Bueno
Murray News

Government seeks to direct congressional earmarks for investment

The idea is to use half the money to comply with the fiscal framework requirements 03/20/2024 Vilma Pinto — Foto: Wenderson Araujo/Valor The government wants up to half of the amount designated for congressional earmarks in the budget to be used to comply with the mandatory investment floor created by the new fiscal framework. Valor […]

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20 de March de 2024/by Gelcy Bueno
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