How Brazil is transforming Petrobras

22 September 2020 - 12:00 am UTC

Once a crown jewel of Brazil’s government, state-owned energy company Petrobras has been caught up in a USD 28bn fire sale of energy and power assets for five years. Pedro Schweizer and Gabriela Freire Valente look at the next steps in the largest infrastructure divestment process in Brazil’s history

Brazilian government policy towards state energy company Petrobras changed drastically under the former governments of President Michel Temer, and the incumbent Jair Bolsonaro, who has been in power since 1 January 2019. 

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