Tag: Petrobras

• Friday, May 16th 2014 - 09:37 UTC

  YPF wants to create a G10 of Latin American state oil companies CEO's

  

  Argentina's YPF CEO Miguel Galuccio proposed on Thursday in Bolivia a G10 of Latin American state owned oil corporations to strengthen their bargaining power based on their resources and development synergy.

• Saturday, April 12th 2014 - 08:59 UTC

  Brazilian police investigation into money laundering includes Petrobras

  

  Brazil's Federal police confirmed on Friday that it had orders from a Parana federal judge to raid Petrobras offices in search of documentation related to an alleged major money laundering scheme but it was not necessary because of the collaboration from the country's largest oil and gas corporation officials.

• Tuesday, April 8th 2014 - 00:21 UTC

  Rolls-Royce marine facility in Rio to support Brazil's oil industry

  

  Chancellor of the Exchequer George Osborne MP on a three-day visit to Brazil announced on Monday that Rolls-Royce is to build a new £ 22 million Marine facility in Duque de Caxias, Rio de Janeiro.

• Thursday, March 27th 2014 - 08:16 UTC

  Petrobras scandalous purchase of US refinery should be addressed by Congress

  

  Former Brazilian president Fernando Henrique Cardoso said Congress should investigate a growing scandal surrounding the controversial 2006 purchase by oil giant Petrobras of a Texas refinery.

• Thursday, March 20th 2014 - 06:57 UTC

  Dilma Rousseff questioned on “flawed” report that cost Petrobras 1.2bn

  

  A scandal surrounding the costly acquisition of a Texas oil refinery by Brazilian state-run energy company Petrobras years ago resurfaced Wednesday after new questions arose about President Dilma Rousseff’s handling of the deal, which involved a sum of 1.2bn dollars.

• Friday, January 10th 2014 - 06:40 UTC

  Brazil treasury pays highest yield to launch new 10-year fixed-rate domestic bond

  

  Brazil's Treasury on Thursday paid the highest yield ever to launch a new 10-year benchmark fixed-rate domestic bond. The Treasury said it sold two million NTN-F bonds maturing in January 2025, worth 1.64 billion Reais (683 million dollars), at a yield as high as 13.3899%. The bond is expected to become Brazil's new 10-year benchmark paper.

• Friday, January 3rd 2014 - 23:12 UTC

  Brazil oil and gas production in November averaged 2.578 million boepd

  

  Brazil's oil and natural gas output rose 2.87% in November compared with the same month a year earlier as new oil fields came on line and platforms under maintenance returned to operation, Brazil's oil regulator, the ANP, said on Friday.

• Thursday, December 26th 2013 - 08:17 UTC

  Brazil conditions any future oil pre-salt bidding to local industry capacity to supply equipment and services

  

  Brazilian Government has decided that any future bidding rounds involving pre-salt blocks will only be launched according to the local industry capability to supply the demand in equipment and services needed by the sector. Local industry has been struggling to keep up with the demand placed by O&G players already involved in pre-salt E&P in Brazil, which are all Petrobras partners, such as BG and others.

• Thursday, November 28th 2013 - 10:26 UTC

  Rousseff reluctant to increase fuel prices fearing inflation and social unrest

  

  Brazilian president Dilma Rousseff is reluctant to allow the country's oil corporation Petrobras to increase the price of fuels this year, which would have an immediate impact on gasoline, transport and inflation, according to Folha de Sao Paulo.

• Wednesday, November 27th 2013 - 06:49 UTC

  Petrobras shares plummet on fears that fuel price increases will be further delayed

  

  Brazilian state-run oil firm Petrobras fell to its lowest level in more than a year on Tuesday, pushing the country's stock market to a near three-month low on concerns the government may delay a new pricing policy that could stem losses in the firm's refining division.