Rousseff Seeks Investment From Spain
Investing in Brazil’s concession plans could provide the answer for troubled European economies, President Rousseff has said during an official...
November 20, 2012Topic
Oil
Rio Looks to Limit New Oil Royalties Bill
Brazilian President Rousseff has until November 30th to decide whether she will veto sections of a controversial new bill, set...
November 13, 2012
Petrobras Reports Weak Q3 Profits
Profits at Brazil’s state-led oil company, Petrobras, fell twelve percent during the three months ending September 30th compared to the...
October 30, 2012
Eike Batista’s OGX Down $12.6B: Daily
Of 295 companies publicly-traded on the Bovespa, which has witnessed growth of R$147 billion (US$72 billion) this year, Eike Batista's...
October 16, 2012
Petrobras Improves Wage Offer to Union
Brazil's FUP (Single Federation of Oil Workers) has unanimously accepted a sweetened wage offer put forward by Brazil’s state-led oil...
October 9, 2012
Cameron Looks to Increase UK Oil Interests
UK Prime Minister David Cameron used an official visit to Brazil last week to meet with Petrobras CEO Maria das...
October 2, 2012
Brazil Bans Chevron and Transocean: Daily
A federal court has served Chevron and Transocean with a preliminary injunction ordering them to halt operations in Brazil within...
September 28, 2012
Brazil to Auction New Oil Concessions
The Brazilian government has announced that it will restart oil exploration rights auctions in 2013, ending a five-year hiatus.
September 25, 2012
Petrobras Faces ANP Call to Up Investment
Brazil’s National Oil Agency (ANP) has said it may ask Petrobras, Brazil’s state-directed oil company, to increase investments in up...
September 18, 2012