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Enel petitions Aneel to halt concession termination process in Sao Paulo
Valor Econômico·BR · IT·about 6 hours ago
The Ministério Público Federal (MPF) has filed a lawsuit to suspend the government's mandate increasing the ethanol blend in gasoline to 32%, citing potential safety risks to consumers. Prosecutors are also seeking R$ 500 million in collective moral damages, challenging the technical justification for the fuel composition change.
The Brazilian Ministry of Finance is considering extending a gasoline subsidy due to rising Brent crude prices. The subsidy's renewal is uncertain, with no final decision on duration or value reached. Confidence level is High.