Castello Branco Approved as Petrobras’ New CEO in Brazil
Petrobras’ Board of Directors announced last week that it has accepted the nomination of economist Roberto Castello Branco to the...
December 26, 2018Section
Oil and Gas Business
Oil and Gas Industry News in Rio de Janeiro and Brazil
Petrobras Reports R$6.6 Billion Net Income to Close Third Quarter
By Jay Forte, Contributing Reporter RIO DE JANEIRO, BRAZIL - Petrobras closed the third quarter of the year with a...
November 6, 2018
2018 Oil & Gas to Discuss Digital Technologies, Innovation in Rio
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – For the first time, Rio Oil & Gas 2018,...
September 24, 2018
Brazil’s Petrobras Profits Soar US$2.7 Billion in Second Quarter
By Nelson Belen, Contributing Reporter RIO DE JANEIRO, BRAZIL - Brazil's beleagured state-run oil company Petrobras registered a surprising surge...
August 7, 2018
Brazil’s ANP to Auction 158 Oil Blocks in Permanent-Offers
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – At least 158 petroleum exploration blocks have been approved...
June 21, 2018
Brazil’s Petrobras CEO Resigns, Stock Price Drops 15 Percent
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Trying to ease uncertainty after the resignation of Petrobras...
June 2, 2018
Petrobras Delivers Further Blow to Brazil Economy with 72-Hour Strike
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Just as supplies and fuel were starting to trickle...
May 30, 2018
Brazil’s Pre-Salt Responsible For Over Half of Oil Production
With the signing of another six pre-salt concession contracts officials expect production to increase even further in coming years.
February 1, 2018
Oil Companies in Brazil Will Keep Tax Breaks Until 2040
The bill suspends taxes on exploration, development and production of oil and natural gas to be used in the domestic...
December 14, 2017