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Brazilian oil sector reforms: The role of technical know-how and corporate ethos in Petrobras's dominance

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  • Trojbicz, Beni
  • Loureiro, Maria Rita

Abstract

The literature shows that Petrobras's specialized knowledge in deep-water exploration helped it maintain its dominance of the oil sector in Brazil. This article contributes to the literature by throwing light on how this process operates: as technicians of the State enterprise monopolize the knowledge, they are called on to participate in key policy decisions for the sector, and thus exert an influence that is not counter-balanced by other experts. Also, as these technicians’ ethos identifies Petrobras's policy agenda with national interests, their participation in oil policymaking reinforces the enterprise's dominance in the sector.

Suggested Citation

  • Trojbicz, Beni & Loureiro, Maria Rita, 2018. "Brazilian oil sector reforms: The role of technical know-how and corporate ethos in Petrobras's dominance," Energy Policy, Elsevier, vol. 118(C), pages 588-595.
    • Handle: RePEc:eee:enepol:v:118:y:2018:i:c:p:588-595
    DOI: 10.1016/j.enpol.2018.03.060
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    References listed on IDEAS

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