Petrobras: fuelling the future or stuck in the past? | FT Film

The oil giant is once again at the centre of government plans for economic growth and job creation. But Petrobras has a chequered past, including damaging corruption scandals and debt. Critics say it should stick to high-value oil production rather than expanding into refining and shipbuilding

#petrobras #brazil #oil #brazilpolitics #brazileconomy #brazilsociety #oilproduction #corruption #companies #scandal

00:00 – Introduction
00:54 – How important is Petrobras?
01:41 – Petrobras and the Brazilian economy
02:36 – ‘Lava Jato’ scandal
04:20 – The fallout
06:00 – The world’s most indebted oil company
06:59 – The mission
08:07 – A leader in deep-water oil drilling
08:48 – The pre-salt basin discovery
10:35 – The world’s largest dividend payer
11:18 – Petrobras, a tool of government policy
13:16 – Recife and diversification
13:50 – Refining and shipbuilding
15:58 – The green transition
17:14 – State-owned and private strategies
19:15 – The problem with management
19:50 – Conclusion

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