This group brings together the best thinkers on energy and climate. Join us for smart, insightful posts and conversations about where the energy industry is and where it is going.


What will become of Petrobras?

image credit: Rafael Herzberg
Rafael Herzberg's picture
Consultant energy affairs Self employed

Rafael Herzberg- is an independent energy consultant, self-employed (since 2018) based in São Paulo, Brazil* Focus on C level, VPs and upper managers associated to energy related info, analysis...

  • Member since 2003
  • 2,214 items added with 1,291,959 views
  • Feb 25, 2021

What will become of Petrobras?

The most likely scenario points to a new company strategy. Detached from the one that was being tracked, which pointed to pegging Brazilian prices to the international ones.

The greatest chances are for a real reduction in prices charged by the company. In this line, as an inevitable comparison, the times when prices were precisely established taking into account the interests of the Federal Government at the moment.

That was how the company plunged into its biggest crisis of its existence, generating billionaire losses that affected its operations, its plans and the worst, brought an unprecedented devaluation to the Brazilian people, who are its biggest shareholder.

Didn't we learn from the experiences we had?


No discussions yet. Start a discussion below.

Rafael Herzberg's picture
Thank Rafael for the Post!
Energy Central contributors share their experience and insights for the benefit of other Members (like you). Please show them your appreciation by leaving a comment, 'liking' this post, or following this Member.
More posts from this member

Get Published - Build a Following

The Energy Central Power Industry Network is based on one core idea - power industry professionals helping each other and advancing the industry by sharing and learning from each other.

If you have an experience or insight to share or have learned something from a conference or seminar, your peers and colleagues on Energy Central want to hear about it. It's also easy to share a link to an article you've liked or an industry resource that you think would be helpful.

                 Learn more about posting on Energy Central »