Brazil’s Petrobras To Sell Gas Pipeline For US$5.19 Billion
The sale to a consortium led by Brookfield is part of company’s plans to focus on the exploration of petroleum...
September 26, 2016Topic
Petrobras
Brazil’s Ex-Finance Minister Arrested in Lava Jato Probe
The thirty-fourth phase of the Lava Jato investigation included the arrest of former Minister Guido Mantega for corruption, fraud and...
September 22, 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 Announces Onshore and Pre-Salt Field Auctions
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – The Mines and Energy Minister of brazil, Fernando Bezerra...
September 16, 2016
Brazil’s Petrobras Increases Market Value by US$23.35 Billion
The state-owned giant is now the fourth largest oil and gas company in Latin America and the U.S.
August 4, 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
Brazilian Prosecutors File Suit Against House Speaker
Prosecutors want to revoke Chamber Speaker Eduardo Cunha’s political rights for ten years and the return of R$20 million in...
June 14, 2016