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, 2018Topic
oil and gas
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 Petrobras Posts Weaker Than Expected Q3 Results
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Petrobras, the oil giant of Brazil, announced its third quarter...
November 15, 2017
Petrobras of Brazil Closes US$2.2 Billion Deal With Total
The agreement calls for selling participation in two pre-salt oil areas, 50 percent of two thermal plants and shared use...
December 22, 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 Announces Onshore and Pre-Salt Field Auctions
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – The Mines and Energy Minister of brazil, Fernando Bezerra...
September 16, 2016
Brazil’s Petrobras May Pay Billions in U.S. Class Action Case
A class action suit filed in the United States on behalf of stock investors at the New York Stock Exchange...
June 6, 2016
ANP Says Brazil Pre-Salt Production Increases Six Percent
The ANP in Brazil reports that the production of oil and gas in the pre-salt fields recorded an increase of...
April 5, 2016
Brazil’s Government Defends Petrobras’ Pre-Salt Monopoly
Senate project would release Petrobras from the requirement of being involved in all areas of the pre-salt layer exploration.
February 17, 2016