Oil Giant Shell Announces R$10 Billion in Investments in Brazil
The recent approval to end Petrobras participation requirements is seen as opening opportunities for new players to enter the Brazilian...
November 14, 2016Topic
Congress
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
U.S. Dollar Closes at Lowest Value in Two Months in Brazil
The possibility of a new Congressional voting session on repatriation of assets and the increase in international oil prices influenced...
October 14, 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
Brazilian Government Announces New Economic Measures
Among the economic measures to try to improve the country’s ailing economy are cuts in spending and reduction of public...
May 25, 2016
Brazil’s Chamber Speaker is Suspended From Congress
Chamber of Deputies Speaker, Eduardo Cunha, is accused of receiving bribes in the mega-corruption scandal known as Operação Lava Jato...
May 5, 2016
Opinion: Brazil’s Institutional Problem
Opinion, by Michael Royster RIO DE JANEIRO, BRAZIL - Brazil's biggest problem is that, institutionally, it’s living a lie. The...
April 20, 2016
Brazil’s Lower House Starts Impeachment Debate
The debate at the Chamber started hours after the country’s Supreme Court denied an injunction made by the government to...
April 15, 2016
President Rousseff is Closer to Being Impeached in Brazil
A special commission of the country’s Lower House voted to approve a report recommending the ousting of the nation’s leader...
April 12, 2016