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By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – An agreement was reached on Thursday night by the Brazilian government and truck drivers ending the protests that almost brought the country to a standstill. Truck drivers agreed to...
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Truck drivers are causing havoc and chaos in twenty Brazilian states as they block highways for the fourth day in a row, protesting the increase in diesel fuel prices....
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Truck drivers across Brazil plan to block for the second day major highways across the country to protest the rising fuel prices. The Brazilian Truck Drivers Association (ABCAM) argues...
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – The Federal Public Prosecutor's Office in the state of Paraná (MPF-PR), launched today the 51st phase of Operação Lava Jato (Car Wash Operation), focusing on corruption and money laundering...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – As Brazilian officials celebrated extremely positive pre-salt production, President Michel Temer signed on Wednesday concession contracts for another six pre-salt areas auctioned in October of 2017, raising expectations that production...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Petrobras, the oil giant of Brazil, announced its third quarter results yesterday (Tuesday, November 14th), with a net profit of R$266 million for the three-month period. The results were significantly...
By Nelson Belen, Contributing Reporter RIO DE JANEIRO, BRAZIL - Representatives from the oil industry’s heavyweights were in Rio de Janeiro on Friday, October 27th, as Brazil held its much-anticipated auction of eight blocks in the highly sought-after pre-salt region....
By Nelson Belen, Contributing Reporter RIO DE JANEIRO, BRAZIL - In a Wednesday, October 18th statement from Brazil oil giant Petrobras, in September, oil production in Brazil averaged 2.17 million barrels per day, approximately 2.8 percent higher than in August. In...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The government of Brazil is hailing last week’s oil field exploration auction as a sign that foreign and Brazilian investors alike are regaining confidence in the country and its economy,...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Federal police officials in Brazil arrested Congressional representative, Candido Vaccarezza this morning (August 18th) as it launched the 43rd and 44th phases of Operação Lava Jato (Car Wash). The operations...
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