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By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – This will be a decisive week for top executives at Brazil’s oil giant Petrobras, say analysts, as additional reports reveal that directors and even the company’s president, Maria das Graças...
By Doug Gray, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL - Less than one week after a successful bid for a forty percent share of the Libra pre-salt oil field, Petrobras’ third trimester financial report made for uncomfortable reading among...
By Andrew Willis, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Government-imposed price caps on fuel sold in Brazil continue to cause difficulties for state-led oil firm Petrobras, despite a surge in income during the fourth quarter of 2012....
By Andrew Willis, Contributing Reporter RIO DE JANEIRO, BRAZIL – The first quarterly loss in thirteen years at state-controlled oil company Petrobras has sparked a debate within the Brazilian government over the need for a rise in fuel prices, with...
By Stephen Eisenhammer, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL - Petrobras, the Brazilian state-run energy giant, has found “good quality” oil in a well in the pre-salt Santos basin, offshore Brazil, the company announced on Friday (June 8th). The...
By Stephen Eisenhammer, Contributing Reporter RIO DE JANEIRO, BRAZIL - Argentina is seeking greater partnership with Brazilian state-run energy company, Petrobras, to develop the country’s energy resources after announcing the nationalization of YPF, its main oil producer, last week. ...
By Laura Madden, Contributing Reporter RIO DE JANEIRO, BRAZIL - On the same day as the new Petrobrás CEO, Maria das Graças Foster, was sworn in, the company reported a leak off the coast of Rio de Janeiro state, in...
By Laura Madden, Contributing Reporter RIO DE JANEIRO, BRAZIL - New Petrobrás CEO Maria das Graças Foster was sworn in yesterday (February 13th) as president of Petrobrás, promising an administration based on dialogue and continuity "without forgetting for a moment"...
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