http://www.worldoil.com WorldOil Bolsonaro wants to privatize Brazil’s state-owned Petrobras https://www.worldoil.com/news/2021/10/15/bolsonaro-wants-to-privatize-brazil-s-state-owned-petrobras Brazilian President Jair Bolsonaro said Thursday that he wants to privatize Petrobras, the state-controlled oil company that is under political pressure to lower fuel prices. OPEC membership isn’t an option for Brazil, Petrobras CEO says https://www.worldoil.com/news/2019/12/5/opec-membership-isn-t-an-option-for-brazil-petrobras-ceo-says While Brazil’s President Jair Bolsonaro recently welcomed an informal invitation to join OPEC, the boss of the country’s state-controlled energy company isn’t a fan of the idea and said it’s not a possibility right now. Sandvik boosts presence in South America to be closer to customers https://www.worldoil.com/news/2015/10/29/sandvik-boosts-presence-in-south-america-to-be-closer-to-customers Sandvik has announced the opening of its South American hub in Rio de Janeiro to better meet the needs of clients, such as Petrobras and service companies. Shell’s $70 billion BG acquisition approved by Brazil regulators https://www.worldoil.com/news/2015/7/08/shell-s-70-billion-bg-acquisition-approved-by-brazil-regulators Royal Dutch Shell Plc obtained regulatory approval from Brazil to buy BG Group Plc, clearing another antitrust hurdle to completing the $70 billion acquisition.