Petrobras posts largest profit ever for a Brazilian company but investors watchful on government moves

Results come in a week where the Brazilian government has announced plans for a temporary tax on crude exports

Profits: Brazil’s Finance Minister Fernando Haddad (left) and Jean Paul Prates, chief executive of state-controlled Petrobras. — Profits: Brazil’s Finance Minister Fernando Haddad (left) and Jean Paul Prates, chief executive of state-controlled Petrobras.Photo: REUTERS/SCANPIX

Gareth Chetwynd

London

Brazil Jean Paul Prates Fernando Haddad Americas South America

Published 2 March 2023, 10:22Updated 7 March 2023, 13:47