Brazil’s oil regulator ANP has approved the applications of six companies—including Big Oil’s BP, Shell, and Total—to bid in next month’s oil auction of four blocks in the coveted pre-salt layer, ANP announced on Wednesday.
The Brazilian government may restrict entrance of Venezuelans at the border in the remote northwestern state of Roraima, President Michel Temer said on Wednesday, after a flood of migrants has strained local services and sparked violence with residents.
Chilean airline LATAM has plans to lay off some 1,200 airport-based employees in Brazil and replace them with workers from a services company in an apparent cost-cutting measure, according to a report in O Estado de S. Paulo on Wednesday. LATAM confirmed there would be redundancies but would not give an exact number.
The Brazilian Real led losses in Latin America as lingering concerns over presidential elections overshadowed a largely positive environment for emerging market assets. The US dollar ended trading at 4.333 Reales.
Brazil's Supreme Court will rule as soon as possible on several challenges to the constitutionality of a law imposing minimum freight prices, but no ruling will come on Monday, Supreme Court Justice Luiz Fux said.
Brazil’s Supreme Court will weigh in September an appeal by jailed former president Lula da Silva to be set free so he can join the presidential campaign already under way, a court spokesperson said on Monday.
Brazil’s Agriculture Minister Blairo Maggi tweeted on Friday that he had incorrectly stated a day earlier that a court had lifted an injunction on products containing the widely used herbicide glyphosate and that a ruling was still pending.
At least four tankers loaded with ultra-low-sulfur diesel (ULSD) en route from the U.S Gulf Coast to Europe abruptly changed course this week to Brazil, following a fire at a 415,000-bpd refinery of state oil firm Petrobras on Monday, S&P Global Platts trade flow data showed on Friday.
Argentine and Brazilian representatives on Friday signed a memorandum of understanding to begin merging vehicle production regulations of both countries.
More than 200 people were arrested on murder charges in a single day across Brazil on Friday in a coordinated sweep that emphasized the fight against femicide and other killings, the government said.