Brazil’s five major state-owned companies have cut 25% of staff in six years – ministry
RIO DE JANEIRO, BRAZIL -The country's five major state-owned companies - Banco do Brasil, Correios, Caixa, Petrobras, and Eletrobras -...
June 28, 2021Topic
Petrobras
Brazil’s Petrobras recovered more than US$1.2 billion diverted by corruption
Brazil's state-owned oil company Petrobras has already recovered more than R$6 billion (US$1.224 billion) of the total amount of resources...
June 25, 2021
Brazil’s Açu Petróleo, eyeing rising exports, resumes IPO plans
Açu Petróleo will resume plans for an initial public offering later this year to finance expansion, the oil terminal operator's...
June 24, 2021
Exclusive: Brazil’s 3R, Global bid for Petrobras refinery and oilfields – sources
Consortia led by Brazil’s 3R Petroleum Oleo e Gas SA and private equity firm Seacrest Capital have submitted binding offers...
June 22, 2021
2021 penguin season begins on Brazil’s Southern and Southeastern coasts
Brazilian season of the Magellanic penguin species (Spheniscus magellanicus) coming from the Falkland Islands, Argentina and Chile, has begun
June 21, 2021
Brazilian companies raise US$4.6 billion in corporate bonds in 10 days
The turnaround occurred over the past three weeks, when the North American interest rate (Treasury) volatility stabilized.
June 14, 2021
Petrobras to sell remaining stake in BR Distribuidora through stock offer, not auction
Petrobras (PETR3;PETR4) will sell all its remaining stake (37.5%) in BR Distribuidora (BRDT3) through secondary public offering of shares
June 11, 2021
International Energy Agency sees Brazil well positioned in energy transition shift
International Energy Agency (IEA), says he believes in Brazil's leading role in the energy transition shift towards a low carbon...
June 9, 2021
Cooking gas price rises sharply, impacts household budgets in Brazil
Since May last year, the price of a gas cylinder in Brazil has increased five times more than inflation, impacting...
June 5, 2021