Brazil’s Petrobras Announces Hikes in Fuel Prices
The increases in gasoline and diesel prices are part of Petrobras' new fuel price policy to maintain international price parity...
December 6, 2016Topic
Pedro Parente
Brazil’s Petrobras and Energy Giant Total Reach Agreement
Brazil oil giant, Petrobras, and the French oil and gas company, Total, signed a Memorandum of Understanding, setting the framework...
October 26, 2016
Brazil’s Petrobras Unveils New Price Policy, Lower Fuel Prices
Company officials say new price policy will be important to attract new partners and fuel prices will not fall below...
October 17, 2016 Brazil’s Petrobras Announces Further Investment Cuts
Investment forecasts for the 2017-2021 period will total US$74.1 billion, twenty five percent less than the previous plan of US$98.4...
September 20, 2016
Brazil’s Petrobras Sells Chilean Distribution Subsidiary
The sale is part of the cash-strapped company's on-going plan to sell off assets and reduce investments.
July 26, 2016
Brazil’s Petrobras Allowed to Halt Oil Production in 16 Platforms
The latest request by Petrobras is part of the company’s plan to reduce costs and reverse some of the losses...
July 15, 2016
Brazil’s Petrobras Registers Best June Production in History
In 2015, despite surpassing its annual petroleum production target for the first time in thirteen years, Petrobras registered the largest...
July 12, 2016
Brazil’s Interim President Temer Bars Political Appointees
Brazilian interim president, Michel Temer, wants technocrats as directors or presidents of state-controlled entities not political nominations.
June 7, 2016 Petrobras’ CEO Seeks to Recover Company’s Credibility
Pedro Parente promised to put the state-owned company’s interest above political interests to rebuild oil giant.
June 3, 2016