Tag: Maria das Graças Foster

• Friday, June 22nd 2012 - 08:13 UTC

  Brazilian government studying fuel price increase to support Petrobras

  

  Officials from Brazil's state-run oil company, Petrobras and the government on Thursday confirmed they are studying a fuel price increase to help offset the costs of fuel sector investments.

• Monday, June 18th 2012 - 03:18 UTC

  Frozen fuel prices make it difficult for Petrobras to engage in ambitious development program

  

  Brazil's state-led oil company Petrobras is likely to struggle to find the cash to pay the recently announced world's largest corporate investment program. The country needs money to pay hundreds of ships and dozens of oil fields, drill-rigs and platforms it wants in order to catapult Brazil into the ranks of the world's top-four oil producers by 2020.

• Saturday, April 21st 2012 - 06:44 UTC

  Petrobras promises to expand and increase investments in Argentina

  

  Brazil’s President Dilma Rousseff following a meeting with an Argentine delegation from the energy sector ratified her country’s decision to “strengthen the investment and the presence of the oil company, Petrobras, in Argentina”.

• Friday, April 20th 2012 - 04:36 UTC

  Brazil’s two largest companies team up to work together in several projects

  

  Petrobras and mining company Vale, the two biggest companies in Brazil, have signed a memorandum of understanding to pursue joint ventures in various areas, Petrobras said.

• Tuesday, April 17th 2012 - 03:43 UTC

  US/Brazil discuss energy cooperation and closer economic ties even free trade agreement

  

  Cooperation in energy development, closer economic ties including a free trade agreement and praise for Brazil’s economic and political leadership were some of the issues discussed by visiting US Secretary of State Hillary Clinton during her first day of meetings with Brazilian officials.

• Thursday, April 5th 2012 - 15:45 UTC

  Argentina picks a fight with Brazil oil giant Petrobras and revokes oil concession

  

  Brazilian oil giant Petrobras assured that it has complied with all terms of its Argentine Patagonia Neuquén province oil exploitation contract, following provincial governor Jorge Sapag's announcement of the termination of the concession contract in Veta Escondida area.