Petrobras Diesel Subsidy Passes US$900 Million in 2026
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4 Articles
The federal government does not plan to resume the subsidy of R$ 0.35 per litre of diesel, said the Minister of Planning and Budget, Bruno Moretti. This subsidy was in effect since mid-May and was withdrawn on 1 July, after a cease-fire agreement between the United States and Iran. The declaration was made during the collective to detail the data of the Bimonthly Report on the Evaluation of Revenues and Expenditures of the third quarter. Accordi…
Petrobras Diesel Subsidy Passes US$900 Million in 2026
Brazil's state-controlled oil giant Petrobras has received R$4.7 billion (~US$922 million) in federal diesel subsidy installments in 2026, a program designed to stabilize fuel prices amid global energy shocks. The post Petrobras Diesel Subsidy Passes US$900 Million in 2026 appeared first on The Rio Times.
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elperiodicodelaenergia.comThe Brazilian state oil company Petrobras has received 1,700 million reais (292.7 million euros) from the federal government in connection with its accession to the subsidy program for the sale of diesel oil, as announced on Thursday by the company of hydrocarbons.
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