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Brazil's Petrobras board approves joining diesel subsidy program

Summary
Brazilian state-run oil firm Petrobras said on Saturday that its board ​approved the company's participation in a new ‌government subsidy program for diesel oil producers, worth 1.00 real ($0.19) per liter for 30 days.

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Brazil's Petrobras board approves joining diesel subsidy program

·London, United Kingdom
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Petrobras' board of directors approved in a meeting held on Friday (18) that the company adheres to the new economic subsidy to producers and importers of diesel oil, instituted by Provisional Measure No. 1,391, of September 11, 2026. The discount financed by the federal government is valid for 30 days extendable for 30 more. Material exclusive to subscribers. To have full access, access the link of the subject and make your registration.

·Rio de Janeiro, Brazil
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The Petrobras Board of Directors approved, on Friday (18), the accession to the economic subsidy to the producers and importers of diesel oil and its currents. The subsidy was established by Provisional Measure 1,391, of September 11, 2026. With this, the company will receive a subsidy in the value of R$ 1 per litre of diesel oil "A", of road use, for 30 days, and can be extended for the same period. The value will be transformed into a discount…

·Quadra, Brazil
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Petrobras approved on Friday (18) the accession to a grant program that guarantees R$ 1 discount for [...]

The diesel subsidy can be extended for another 30 days and works cumulatively with the existing subsidy of 1.12 reais per liter.

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The Mighty 790 KFGO broke the news on Saturday, September 19, 2026.
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