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, 2016Topic
Petroleum
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
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, 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 Extends Contracts and Tax Breaks for Oil & Gas Industry
New measures have the objective of encouraging the exploration and production of petroleum and natural gas in Brazil.
March 10, 2016
Brazil’s Senate Approves Reducing Petrobras Requirements
Upper House approved bill ending requirement for Petrobras to participate in at least thirty percent of all pre-salt oil exploration...
February 26, 2016
Brazil Registers Record Volume Through Ports in 2015
According to official data the greatest type of cargo passing through Brazilian ports were bulk solids, responsible for over 62...
February 19, 2016
Brazil’s Petrobras Surpasses Production Target in 2015
Oil giant surpassed its annual petroleum production target for the first time in thirteen years.
January 18, 2016
Only Ten Workers Remain at Petrobras Plant During Strike
Approximately ten oil workers remain on call at the São Paulo refinery, working up to sixteen-hour shifts to keep machines...
November 11, 2015