Brazil’s Petrobras Sells Liquigás For R$2.8 Billion
The sale of Liquigás is part of the Petrobras’ 2015-2016 Divestment Plan that call for disinvestments of US$15.1 billion during...
November 18, 2016Section
Oil and Gas Business
Oil and Gas Industry News in Rio de Janeiro and Brazil
New Petrobras Participation Rules Now Awaits Presidential Sanction
Officials hope that the bill that withdraws the requirement of a 30 percent participation by Petrobras on all operations will...
November 10, 2016
Brazil’s Petrobras and Energy Giant Total Reach Agreement
Brazil oil giant, Petrobras, and the French oil and gas company, Total, signed a Memorandum of Understanding, setting the framework...
October 26, 2016
Latin America’s Largest Oil and Gas Expo Begins in Rio
Brazil's President Temer says country is creating favorable environment for private, foreign investors to enter pre-salt sector.
October 25, 2016
Brazil’s Petrobras Unveils New Price Policy, Lower Fuel Prices
Company officials say new price policy will be important to attract new partners and fuel prices will not fall below...
October 17, 2016
End of Petrobras Quota Divides Outlook on Brazil Economy
Some say easing participation requirement will attract more foreign investors while others claim Brazil will be giving away its oil...
October 13, 2016
Petrobras Second in Brazil Market Value at R$211 Billion
Despite corruption allegations, financial woes and the decline of oil prices, the oil giant is only behind beverage multinational, Ambev,...
October 11, 2016
Petrobras Requirement Removed in Brazil’s Pre-Salt Exploration
Congressional decision outraged many who say Brazil would be giving away its petroleum to foreign companies.
October 7, 2016
Brazil’s Petrobras To Sell Gas Pipeline For US$5.19 Billion
The sale to a consortium led by Brookfield is part of company’s plans to focus on the exploration of petroleum...
September 26, 2016