Petrobras, a state-controlled oil company, holds significant sway over Braskem's ownership structure, which is currently held by Novonor.

The entities involved

• Petrobras →

  Brazilian multinational oil and gas corporation

  • Lula da Silva's re-election affects market sentiment among major Brazilian firms like Petrobras and Itaú Unibanco.Fri 00:22
  • Petrobras is authorized to drill in Foz do Amazonas, following confirmation that the Equatorial Margin runs into waters off Guyana and Suriname.Fri 00:19
• Braskem →

  company

  Nothing else this week.

• Novonor →

  Brazilian company involved in a corruption scandal in Latin America

  Nothing else this week.

Related events

• Prediction markets are pricing expectations for a Selic rate cut as Wall Street performance weighs on Brazil's stock market.Oct 19
• Financial institutions are tracking investor preparation and modeling portfolios in response to the ongoing Brazilian presidential contest.Sep 28
• Petrobras, the state-controlled oil giant, is facing pressure regarding consumer fuel costs while navigating strategic shifts, including the divestiture from Vibra Energia in 2019. Lula has voiced concerns over the price disconnect, with Magda Chambriard as a key executive.Jun 8
• Petrobras operates the Búzios Field off the coast of Rio de Janeiro using the FPSO Almirante Tamandaré, while also being linked to Trump-era tariffs and Ken Fisher's investment discussions.Jun 7
• Petrobras announced an oil find in the Foz do Amazonas Basin, while a Petrobras-Ecopetrol offshore campaign concluded, amid a market rally sparked by Bolsonaro's lead.Oct 7