Tags Petrobras

Tag: Petrobras

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The oil giant of Brazil, Petrobras, received R$204 million in recovered funds from the Operação Lava Jato (Car Wash Operation) corruption investigations on Friday, November 18th, but the company’s CEO,...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Brazil’s oil giant, Petrobras, announced on Wednesday (November 17th) that its Board of Directors has approved the sale of its subsidiary, Liquigás Distribuidora S.A., to Brazil's Ultragaz S.A. for the...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The day after Brazil’s Chamber of Deputies approved the lifting of participation requirements for Petrobras on all exploration projects, Royal Dutch Shell executives went to Brasilia to talk to Brazilian...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Brazil’s Chamber of Deputies concluded on Wednesday the approval of a bill which changes the pre-salt oil exploration rules in the country withdrawing the requirement of a 30 percent participation...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Arrested last month in Operação Lava Jato (Carwash), former Speaker of the House, Eduardo Cunha, included in his defense witness list current Brazil President Michel Temer and former President Luiz...
By Nelson Belen, Contributing Reporter RIO DE JANIERO, BRAZIL - Earlier this week, Brazil oil giant, Petrobras, and the French oil and gas company, Total, signed a strategic partnership agreement setting the framework for segments of gas and energy exploration...
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – The largest conference in Latin America in the oil and gas sector, Rio Oil and Gas 2016, began on Monday, October 24th, in Rio de Janeiro, with Brazilian officials...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Brazil’s oil giant, Petrobras, announced on Friday a reduction in gasoline and diesel prices at its refineries and a new fuel price policy. According to company officials, an executive group...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The recent vote by Brazil’s Chamber of Deputies to ease a requirement that states that Petrobras must participate in all pre-salt oil explorations in the country has rendered applause and...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Despite the recent negative news coming from Brazil’s state-owned petroleum company, Petrobras, the oil giant’s market value is the second largest of a public company in Brazil, according to a...
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