Petrobras Delivers Further Blow to Brazil Economy with 72-Hour Strike
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Just as supplies and fuel were starting to trickle...
May 30, 2018Topic
Petrobras
Brazil’s Government and Protesting Truck Drivers Reach Agreement
Although officials announced the suspension of the protest the decision among truck drivers’ associations was not unanimous.
May 25, 2018
Brazilians Brace for Shortages as Truck Driver Protests Continue
Petrobras announced the reduction of ten percent in price of diesel oil but protesters say that is not enough and...
May 24, 2018
Truck Drivers Protest Rising Fuel Prices in Brazil
Since the beginning of the year the price of diesel fuel has increased by eight percent, while inflation during the...
May 22, 2018
Brazil’s Lava Jato’s 51st Phase Focuses on Petrobras, MDB Party
According to prosecutors more than US$56.5 million (equivalent to R$200 million today) were given out in bribes from 2010 to...
May 8, 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
Brazil’s Petrobras Posts Weaker Than Expected Q3 Results
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Petrobras, the oil giant of Brazil, announced its third quarter...
November 15, 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