Petrobras Shares Slip to Eight-Year Low
Shares of Brazil’s state-controlled Petrobras fell to a nearly eight-year low last week amid weak earnings and concerns over government...
July 9, 2013Topic
Petroleum
Record Spending at 11th Oil Round: Daily
Brazil’s 11th oil and gas auction, held Tuesday in Rio de Janeiro, raised a record R$2.8 billion.
May 16, 2013
64 Firms to Bid on Brazil Oil Blocks
Sixty-four out of the 71 national and international companies that filed requests with the ANP will be allowed to bid...
April 23, 2013
Without Royalties Rio Faces Budget Cuts
Municipalities that depend on revenue from oil royalties in the state of Rio have begun anticipating revenue losses as they...
March 26, 2013
Petrobras Announces Six New Platforms
Petrobras will put six new oil platforms into operation in 2013, adding around 840,000 barrels of oil daily to the...
December 25, 2012
200,000 Protest in Rio for Oil Royalties
An estimated 200,000 people have taken to the streets of Rio in protest demanding President Rousseff veto a bill which...
November 27, 2012
Rousseff Seeks Investment From Spain
Investing in Brazil’s concession plans could provide the answer for troubled European economies, President Rousseff has said during an official...
November 20, 2012
Eike Batista’s OGX Down $12.6B: Daily
Of 295 companies publicly-traded on the Bovespa, which has witnessed growth of R$147 billion (US$72 billion) this year, Eike Batista's...
October 16, 2012
Petrobras Accused of Dumping Waste: Daily
The Federal Police opened an inquiry in the Division of Environmental Crimes in Rio accusing Petrobras of dumping highly-toxic residues...
September 11, 2012