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Tag: Petroleum

By Lise Alves, Senior Contributing ReporterRIO DE JANEIRO, BRAZIL – Oil production in Brazil fell by one percent last year, compared to the results obtained in 2017, despite having grown 4.8 percent in December, according to the National Petroleum,...
By Lise Alves, Senior Contributing ReporterRIO DE JANEIRO, BRAZIL – Brazil’s oil giant, Petrobras, has announced will resume its divestment program following the decision of Supreme Court Chief Justice, Jose Antonio Dias Toffoli. On Saturday, Toffoli suspended a decision...
By Lise Alves, Senior Contributing ReporterRIO DE JANEIRO, BRAZIL – Petrobras’ Board of Directors announced last week that it has accepted the nomination of economist Roberto Castello Branco to the position of president of the company as of January...
By Lise Alves, Senior Contributing ReporterSÃO PAULO, BRAZIL – The Chamber of Deputies in Brazil rejected on Wednesday (December 13th) an amendment passed by the country’s Senate on Tuesday and upheld a bill that guarantees tax breaks to the...
By Lise Alves, Senior Contributing ReporterSÃO 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 Lise Alves, Senior Contributing ReporterSÃO 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 ReporterSÃO PAULO, BRAZIL – Reiterating that there is a favorable investment climate in Brazil, the president of petroleum giant Royal Dutch Shell, Ben Van Beurden, told Brazil’s President Michel Temer of the company’s interest...
By Lise Alves, Senior Contributing ReporterSÃO PAULO, BRAZIL – Brazilian oil giant Petrobras announced on Friday that its Board of Directors have approved the sale of ninety percent of Nova Transportadora do Sudeste (NTS) pipeline to a consortium led...
By Lise Alves, Senior Contributing ReporterSÃO PAULO, BRAZIL – State-owned petroleum giant Petrobras announced a reduction of its investment forecast over the next five years. According to the release issued on Tuesday (September 20th) morning, investment forecasts for the...

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