Brazil Energy Minister Sachsida submits request to privatize Petrobras, PPSA
Adolfo Sachsida, Brazil’s new Mines and Energy Minister, fulfilled his controversial pledge to push for the privatization of state-led oil company Petrobras and government subsalt management company Pre-Sal Petroleo SA, or PPSA, submitting May 12 a request to Economy Minister Paulo Guedes to start studies aimed at selling the government’s stake in both companies. “I hope that in the shortest…