Tags Petrobras

Tag: Petrobras

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Petrobras, the oil giant of Brazil, took to its website on Monday (January 23rd) to refute criticism that it is favoring foreign companies over national companies in the bidding process...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Implicated in the mega corruption scandal known as Lava Jato (Carwash), UK’s Rolls-Royce announced on Monday it had reached an accord with Brazil’s Ministerio Publico Federal (Public Prosecutor’s Office) to...
Opinion, by Michael Royster RIO DE JANEIRO, BRAZIL – This week’s news has been good for Brazil, and for the State of Rio. Inflation for 2016 was lower than expected, the federal and state governments reached agreement on a bail-out for...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – After two years of pessimistic outlooks for one of Brazil’s largest companies, investors are starting to regain some confidence in the country’s oil giant, Petrobras. Earlier this week the company...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Brazil’s oil giant, Petrobras, announced that it signed a Master Agreement with the French petroleum company Total, in connection with a Strategic Alliance Accord signed in October. In the agreement,...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Brazil’s oil giant, Petrobras, announced on Monday (December 5th) night, it was increasing the prices of gasoline and diesel at its refineries. The increase, scheduled to take effect on Tuesday,...
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...
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