Brazil's Finance Minister sees no reason to worry about Petrobras

  • 📰 SaltWire Network
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Explore stories from Atlantic Canada.

- Brazil's Finance Minister Fernando Haddad said there is no reason to worry about state oil major Petrobras after a recent leadership change that caused the company's shares to plummet.

"There is no need to worry about Petrobras, no radical changes are planned, and the company should execute its investment plan." "This project is not well understood," he said."I don't see any contradiction here. First, because I don't believe that oil exploitation in this region will have environmental consequences. Second, the real ecological impact of oil, in my opinion, lies not in its exploitation but in its use."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 45. in AU

Australia Australia Latest News, Australia Australia Headlines