Brazil Gets Ready for Two Mammoth Petroleum Auctions in November
In a little over a week, Brazil’s government will hold two auctions for oil and gas exploration and production areas,...
October 27, 2019Topic
Petrobras
Petrobras’ New Strategy Puts Renewable Energy on Back Burner
Brazil’s oil giant, Petrobras, announced last week its new strategy of focusing on oil and gas production. Going against the...
October 1, 2019
Brazilian Supreme Court Justice Suspends Sale of TAG to French Engie
By Richard Mann, Contributing Reporter RIO DE JANEIRO, BRAZIL - Justice Edson Fachin, of the Federal Supreme Court (STF), suspended...
May 28, 2019
Brazil Supreme Court Considers Sharing Petrobras’ Billions
Brazil Supreme Court Considers Sharing Petrobras'. Expert brazil supreme court analysis and reporting from The Rio Times.
May 28, 2019
Oil Production Grows 2.8 Percent from February to March
Oil production in Brazil grew 2.8 percent from February to March, according to the monthly bulletin of the National Agency...
May 5, 2019
Petrobras Receives Investment From top Brazil Hedge Fund as “Stock is Cheap”
One of Brazil’s best-performing hedge funds has been scooping up the shares of state-controlled oil giant Petrobras.
May 4, 2019
Brazil’s Petrobras Announces 4.84 Percent Increase in Diesel Fuel Prices
Petrobras CEO Roberto Castello Branco announced Wednesday night an increase of R$0.10 per liter of diesel at refineries.
April 18, 2019
Petrobras Not Renewing Sponsorships of Thirteen Cultural Events
Petrobras announced that it is not renewing sponsorship contracts for thirteen large cultural projects around the country.
April 17, 2019
Brazil’s Petrobras Sees Shares Plummet After Price Hike Cancellation
Oil giant, Petrobras, saw its shares plummet on Friday after the company announced it was cancelling a 5.7 percent diesel...
April 13, 2019