U.S. Vice President Biden Visits Brazil
The Vice President of the United States, Joe Biden, is in Brazil this week, as part of a South American...
May 28, 2013Topic
Oil
Record Spending at 11th Oil Round: Daily
Brazil’s 11th oil and gas auction, held Tuesday in Rio de Janeiro, raised a record R$2.8 billion.
May 16, 2013
Petrobras to Invest R$97.7 Billion in 2013
Brazilian state-controlled oil and gas giant Petrobras will invest over R$97 billion in petroleum and natural gas exploration and production...
April 30, 2013
Cost of Basics Up Despite Tax Cuts: Daily
The price of the “basic basket” of essential foodstuffs has gone up in sixteen state capitals, including Rio de Janeiro,...
April 9, 2013
Rio May Lose R$38.5B in Oil Royalties
The economic fallout from Congress’ decision to overturn the presidential veto on oil royalties led oil producing states reviewed their...
March 12, 2013
Rousseff’s Royalties Veto Blocked: Daily
Brazil’s Congress early Thursday morning voted to overturn President Dilma Rousseff’s line-item vetoes of a new oil royalties bill.
March 8, 2013
Petrobras Wants Local Content Changes
Brazil’s majority state owned oil giant Petrobras last week officially requested that regulators relax strict requirements on “local content” laws.
March 5, 2013
Petrobras Output Drops in January: Daily
Following three consecutive months of increasing domestic oil production, state-controlled oil giant Petrobras reported decreased output in January.
March 1, 2013
Petrobras Concerns Despite Q4 Surge
Government-imposed price caps on fuel sold in Brazil continue to cause difficulties for Petrobras, despite a surge in income during...
February 12, 2013