Tag: Petrobras

• Monday, May 2nd 2011 - 15:32 UTC

  Petrobras announces discovery of new high-quality deep water oil deposit

  

  Brazilian government controlled oil and gas corporation Petrobras announced the discovery of a new high-quality crude deposit in ultra-deep waters off Brazil’s south-eastern coast.

• Thursday, April 28th 2011 - 06:23 UTC

  NZ environmentalists accuse Petrobras oil exploration of penguins’ deaths

  

  Environmentalists in New Zealand asked the government to halt an offshore oil exploration project being conducted for Brazilian oil giant Petrobras in the wake of the deaths of dozens of penguins, the press reported.

• Wednesday, April 20th 2011 - 00:49 UTC

  First Brazilian pre-salt oil shipment to Chile in mid May

  

  Petrobras, Brazil’s state-controlled oil producer will export its first cargo from the country’s second-largest crude field to Chile in mid-May.

• Monday, April 11th 2011 - 05:24 UTC

  Protestors force Petrobras to suspend off shore seismic surveying in New Zealand

  

  Brazilian oil giant Petrobras suspended an offshore survey Sunday in New Zealand after several environmental activists jumped into the water to block the passage of the ship conducting the study, reports the NZ press.

• Thursday, March 24th 2011 - 18:05 UTC

  US must be more pro-active if it wants access to Brazilian oil, says Petrobras

  

  The United States must pay more importance to its strategic alliance with Brazil if it really wants to benefit from Petrobras’ recently discovered deep-water oil and natural gas reserves in the Atlantic Ocean, the company’s CEO, Jose Sergio Gabrielli, said.

• Monday, March 21st 2011 - 21:52 UTC

  US Export-Import bank loans Brazil 3 billion USD for oil and World Cup

  

  The US government's export credit agency has authorized $3 billion in financing for Brazil, including 2 billion US dollars for the Brazilian government-managed oil company Petrobras.

• Thursday, March 10th 2011 - 22:35 UTC

  Petrobras abandons oil exploration in Cuba; all eyes set on Repsol-YPF

  

  Brazilian oil giant Petrobras has withdrawn from an offshore oil exploration block in Cuba's waters that it leased amid great fanfare in 2008, a Brazilian official said on Thursday, citing poor prospects.

• Friday, March 4th 2011 - 01:31 UTC

  Bolivia signs gas exploration agreements with Petrobras and Repsol

  

  Bolivia's state-owned oil company YPF Bolivianos said this week that it has signed oil and gas exploration agreements with Brazil's Petrobras and Spain's Repsol.

• Saturday, February 26th 2011 - 05:54 UTC

  Petrobras posts record net profit in 2010: 20 billion US dollars

  

  Latin America's biggest company, Brazilian state-managed oil giant Petrobras, on Friday said it raked in a record net profit last year of 20 billion US dollars. That figure for 2010 was 17% higher than its profit for 2009 company executives told a news conference in Rio de Janeiro.

• Friday, February 25th 2011 - 06:33 UTC

  China will participate in Brazil’s next oil and gas bidding round

  

  China's Sinopec Corp said it planned to participate in Brazil's next oil and gas bidding rounds, which should be resumed after the passage of a reform of the country's oil law expected this year.