Former Petrobras CEO Testifies Before Brazilian Congress
Foster stated she feels ashamed of the widespread corruption scandal at one of the country's largest companies.
March 27, 2015Topic
Petrobras
Brazil’s Petrobras Pre-Salt Clusters Set Record Production
Santos and Campos basin pre-salt clusters reached record levels of production in February.
March 20, 2015
Brazil’s President Announces Anti-Corruption Measures
The measures come in the wake of Sunday’s nationwide protests, when millions of people took to the streets against corruption...
March 19, 2015
Dow Jones Removes Brazil’s Petrobras From Sustainability Index
The removal of the Brazilian company from the index is due to the widespread corruption scandal known as Operação Lava...
March 17, 2015
Thousands of Pro-Government Supporters March in Brazil
The marches were held two days before Sunday’s expected nationwide protests.
March 14, 2015
Protests Against President Rousseff Announced for Sunday in Brazil
Now, a new protest wave has been announced against her politics in all major Brazilian cities for Sunday, March 15th.
March 12, 2015
Brazil’s Petrobras to Sell US$13.7 Billion in Assets
Assets to be sold will help the company reduce its net debts and preserve its cash flow.
March 3, 2015
Brazil’s Real Falls Due to Weakening Economy
In addition to the Petrobras corruption scandal, Brazil is facing other economic woes which have affected its currency.
March 2, 2015
Brazil’s Petrobras Rating Downgraded to Junk Status
International rating agency Moody’s has downgraded the rating of Brazil’s oil giant Petrobras to Ba2, two grades below investment grade...
February 25, 2015