Brazil's President Lula says government considering repurchasing Bahia refinery for Petrobras (PBR); we will annul latest Petrobras LPG auction due to high prices

Brazil's President Lula's announcement regarding the potential repurchase of the Bahia refinery signals an active government role in shaping Petrobras' assets.

Newsquawk StaffPublished On the live feed at 4 more headlines followed before this page went public
Newsquawk headlinesUTC

Iran's Ghalibaf says in less than a week, country has brought forward around 7mln Iranians who have already stepped up and declared they're ready to pick up arms and stand in defense of Iran

Head of the Iranian interests section in Cairo says no positive results have yet been seen from mediators’ efforts to end the war, RIA Novosti reports cited by Sky News Arabia

Brazil's President Lula says government considering repurchasing Bahia refinery for Petrobras (PBR); we will annul latest Petrobras LPG auction due to high prices

US Senate said to reject House version of DHS funding bill

McDonald's (MCD) says from April 21st, it will be expanding its value offerings through new under USD 3 menu and USD 4 breakfast meal deal

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Free. No signup, no card.
Context

The decision to annul the recent LPG auction due to high prices suggests a concern for domestic energy affordability, which could impact Petrobras' operational strategy and revenue outlook in the energy sector.

Related headlines

The whole workspace, free to try.

Try it free