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Tag: profit loss

By Leo Byrne, Contributing Reporter RIO DE JANEIRO, BRAZIL - Petrobras, Brazil's majority-state-owned oil producer continued its downward trajectory as it announced profits of R$21.1 billion in 2012, a 36.6 percent slump when compared to the previous year. The figure...
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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