JBS seeks to cancel Brazilian issuer registration; Petrobras targets diesel self-sufficiency

JBS initiated procedures to voluntarily cancel its category A securities issuer registration in Brazil, which would end its BDR program, a significant corporate governance and capital markets move. Petrobras plans to study diesel self-sufficiency in its 2027-2031 business plan and signed contracts with PPSA, indicating a strategic focus on domestic refining capacity. The JBS move may affect its share liquidity and investor access, while Petrobras' plans signal potential long-term shifts in Brazil's fuel import dynamics.