Brazil Wants Petrobras to Weigh In on Ethanol | Rio-Negócios

Brazil Wants Petrobras to Weigh In on Ethanol

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  • Posted on April 8, 2011


    BY ROGERIO JELMAYER

    SAO PAULOBrazil’s mines and energy minister said Friday the government wants state-run energy giant Petroleo Brasileiro, or Petrobras, to act as the regulator of the domestic ethanol market in order to moderate price pressures.

    “Petrobras will now produce ethanol more …

    The Wall Street Journal/AC