Petrobras

By Gabriel Elizondo in Americas on November 24th, 2011
Photo: Reuters

Ildo Luis Sauer spent five years as the Director of Gas and Energy for Brazilian energy giant Petrobras. He left the company in 2007, and now is the director of the postgraduate programme in energy at the University of Sao Paulo’s Institute of Energy.  Sauer travels the world giving lectures on energy policy, and remains one of Brazil’s top independent consultants on the matter.

With Chevron coming under increased scrutiny for the oil spill off the coast of Brazil more than two weeks ago, Sauer sat down with Al Jazeera to discuss the whole matter. 

By Gabriel Elizondo in Americas on February 21st, 2011
Photo by GALLO/GETTY

At the glistening corporate high-rise headquarters of a few giant Brazilian companies, it’s a good bet some executives are sweating right now as they watch with keen interest events unfold in Libya.

Brazil’s biggest and most influential engineering and construction companies are also some of the most important players in construction projects in the northern African country that is now embroiled in a bloody citizen uprising against the 40-year rule of Muammar Gaddafi.

Now many of these Brazilian companies are scrambling to figure out if they should get their workers out of the country, and wondering if potentially billions of dollars in business deals are at risk.

By Gabriel Elizondo in Business on November 19th, 2009

What do Apple, Hewlett-Packard and Google all have in common?

Answer: All three companies had lower profits in the third quarter of 2009 than Petrobras and Vale.

Petrobras is Brazil’s massive energy company; you might have heard of it. But unless you live in Brazil or track big companies, you likely have never heard of Vale – the Brazilian mining company.

Photo courtesy of AP

But both companies quietly are shoveling in huge profits. A representation of sort of Brazil’s quick exit from the global economic meltdown.  

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