Brazil’s Cunha Calls Temer and Lula as Defense Witnesses
Accused of receiving millions in kickbacks, Cunha wants government officials to vouch for him, including President Temer and former President...
November 3, 2016Topic
Petrobras
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
Latin America’s Largest Oil and Gas Expo Begins in Rio
Brazil's President Temer says country is creating favorable environment for private, foreign investors to enter pre-salt sector.
October 25, 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
End of Petrobras Quota Divides Outlook on Brazil Economy
Some say easing participation requirement will attract more foreign investors while others claim Brazil will be giving away its oil...
October 13, 2016
Petrobras Second in Brazil Market Value at R$211 Billion
Despite corruption allegations, financial woes and the decline of oil prices, the oil giant is only behind beverage multinational, Ambev,...
October 11, 2016
Petrobras Requirement Removed in Brazil’s Pre-Salt Exploration
Congressional decision outraged many who say Brazil would be giving away its petroleum to foreign companies.
October 7, 2016
Multinational Oil Giant Shell Pledges Investments in Brazil
Royal Dutch Shell CEO tells President Temer the country is expected to be one of the top investment focuses for...
September 28, 2016
Former Chief of Staff Arrested in Bribery Scandal in Brazil
Antonio Palocci is the second high-ranking official of the Lula and Rousseff administrations to be arrested in recent days linked...
September 26, 2016