Petrobras CEO Says He Could Consider Staying Past Elections

The transcript discusses the challenges of managing a company amidst the volatility of oil markets and Brazilian politics. It highlights the importance of strategic planning, debt reduction, and the potential impact of political changes on management. The debate over Petrobras' privatization is addressed, along with the company's asset sales strategy and partnerships with major oil companies. The need for a dynamic pricing policy to manage debt is also emphasized.

How does the company plan to handle the volatility in oil prices?

• By reducing debt

• By increasing production

• By expanding into new markets

• By hiring more staff

What is the company's stance on political interference?

• It is necessary for strategic alignment

• It should be avoided to ensure professional management

• It is acceptable if it benefits the company

• It is inevitable in state-owned companies

Why does the speaker avoid discussing Petrobras' privatization?

• It is not relevant to the company's current strategy

• It is a controversial topic in Brazil

• It has already been decided by the government

• It is not supported by the public

What is the company's target for asset sales to reduce debt?

• $10 billion

• $15 billion

• $21 billion

• $25 billion

Which companies are mentioned as potential partners for Petrobras?

• Total, BP, Statoil

• Chevron, Total, Statoil

• BP, Shell, Exxon

• Shell, Chevron, Exxon

What is the company's approach to pricing policy?

• Fixed pricing

• Dynamic pricing based on international markets

• Pricing based on local demand

• Seasonal pricing adjustments

Why is hedging production challenging for Petrobras?

• Because of regulatory restrictions

• Due to high production costs

• Because of limited market capacity

• Due to fluctuating oil prices