Brazil’s Interim President Temer Bars Political Appointees
Brazilian interim president, Michel Temer, wants technocrats as directors or presidents of state-controlled entities not political nominations.
June 7, 2016Topic
Petrobras
Brazil’s Petrobras May Pay Billions in U.S. Class Action Case
A class action suit filed in the United States on behalf of stock investors at the New York Stock Exchange...
June 6, 2016
Petrobras’ CEO Seeks to Recover Company’s Credibility
Pedro Parente promised to put the state-owned company’s interest above political interests to rebuild oil giant.
June 3, 2016
Second Cabinet Member Resigns in Brazil Amidst Scandal
Transparency Minister, Fabiano Silveira is said to have criticized the Lava Jato corruption inquiries and given advice to those being...
May 31, 2016
Brazil’s Senate President Caught in Dubious Conversation
Senate President Renan Calheiros is heard on tape stating he is in favor of changes in the plea bargain rules.
May 26, 2016
Brazil’s New Planning Minister Steps Down Amidst Scandal
Less than a month in the cabinet position, Romero Jucá, steps down after a recording links him to a plot...
May 24, 2016
Brazil’s Interim Government Replaces Petrobras President
The new interim government is replacing Aldemir Bendine with former Energy Minister, Pedro Parente, as the head the country’s state-run...
May 20, 2016
ANP Says Brazil Pre-Salt Production Increases Six Percent
The ANP in Brazil reports that the production of oil and gas in the pre-salt fields recorded an increase of...
April 5, 2016
Brazil’s Petrobras Registers Highest Net Loss in History
Due to declining international oil prices and the depreciation of the Brazilian currency Petrobras' net loss for 2015 was R$34.8...
March 22, 2016