Uber Motorists in Brazil and Worldwide Plan to Strike this Wednesday, May 8th
This week, Uber are planning to launch their Initial Public Offering (IPO) which is set to be one of the...
May 8, 2019Topic
Oil
Brazil’s Petrobras Confirms Divestment Plans, Announces Board
Brazil’s oil giant, Petrobras, has announced will resume its divestment program following the decision of Supreme Court Chief Justice, Jose...
January 15, 2019
Brazil’s Petrobras Profits Soar US$2.7 Billion in Second Quarter
By Nelson Belen, Contributing Reporter RIO DE JANEIRO, BRAZIL - Brazil's beleagured state-run oil company Petrobras registered a surprising surge...
August 7, 2018
Brazil’s Pre-Salt Responsible For Over Half of Oil Production
With the signing of another six pre-salt concession contracts officials expect production to increase even further in coming years.
February 1, 2018
Oil Companies in Brazil Will Keep Tax Breaks Until 2040
The bill suspends taxes on exploration, development and production of oil and natural gas to be used in the domestic...
December 14, 2017
Petrobras and Shell Lead Way in Brazil’s Pre-Salt Auction
By Nelson Belen, Contributing Reporter RIO DE JANEIRO, BRAZIL - Representatives from the oil industry’s heavyweights were in Rio de...
October 30, 2017
Brazil’s Petrobras Reports Oil and Gas Production Up 2.8%
According to state-controlled oil giant, Petrobras, last month, Brazil oil and natural gas production were up 2.8 percent and two...
October 19, 2017
Brazil Attracts ExxonMobile into Investing in Oil Fields
After offering R$1.2 billion in bonus, ExxonMobile wins exploration rights of Campos Basin block
October 2, 2017
Investors More Optimistic About Brazil’s Petrobras in 2017
In addition to US$4 billion secured in new bonds, company received US$5 billion financing from China Development Bank and finalized...
January 11, 2017