Tag: Petrobras

• Monday, July 22nd 2019 - 09:52 UTC

  More Iranian bulk carriers stranded in Brazil, since Petrobras refuses to refuel them fearing US sanctions

  

  Two more Iranian bulk carriers that came to Brazil carrying urea and were expected to return home with corn could be left without enough fuel, as Brazil's Petrobras refuses to provide them with bunker fuel due to U.S. sanctions.

• Friday, July 19th 2019 - 08:14 UTC

  Two Iranian vessels stranded in Brazil with no fuel because of US sanctions

  

  Two Iranian vessels have been stranded for weeks at Brazilian ports, unable to head back to Iran due to lack of fuel, which state-run oil firm Petrobras refuses to sell them due to sanctions imposed by the United States.

• Thursday, July 18th 2019 - 12:14 UTC

  Montevideo gas workers lift strike after government's announcements

  

  As the Uruguayan state has vowed to take over the administration of departing Montevideo cooking gas suppliers Montevideo Gas and Conecta and jobs have been secured, the UOEGAS workers' union has agreed to end the strike, starting this Friday.

• Wednesday, July 17th 2019 - 10:10 UTC

  Uruguayan State to manage Montevideo gas supply as Petrobras leaves country

  

  Uruguay's President Tabaré Vázquez and Petrobras CEO Roberto Castello Branco met Tuesday in Santa Fe, Argentina, to discuss a possible solution to the crisis affecting Montevideo's two gas suppliers, which are both subsidiaries of the Brazilian consortium.

• Wednesday, June 19th 2019 - 09:29 UTC

  Petrobras makes huge natural gas discovery in the Sergipe basin

  

  Brazilian state-run oil firm Petrobras has made natural gas discoveries in six deep-water fields in the Sergipe Basin, it said in a regulatory filing on Monday.

• Monday, June 3rd 2019 - 09:54 UTC

  Petrobras and Falklands lead in FPSO deployments in South America

  

  Globally, 67 planned and announced FPSOs (Floating, Production Storage and Offloading) are expected to start operations between 2019 and 2025. Among regions globally, South America continues to lead with 27 planned and announced FPSO additions by 2025, followed by Africa and Europe. Brazil and the Falkland Islands are the key countries in the region for FPSO deployments. Among operators, Petrobras leads South America in terms of FPSO deployments.

• Monday, May 6th 2019 - 09:34 UTC

  Brazil's best performing hedge funds bet heavily on Petrobras

  

  One of Brazil’s best-performing hedge funds has been scooping up the shares of state-controlled oil giant Petrobras. Joao Braga and Marcos Peixoto, who manage US$ 1.3 billion (5 billion reais) at XP Asset Management, have increased their stake in Petrobras, making it the biggest holding of their XP Long Biased fund even as the oil producer’s rally has outpaced the benchmark.

• Monday, May 6th 2019 - 09:30 UTC

  Petrobras oil production fell 3.5% during the first quarter compared to a year ago

  

  Petrobras oil production fell 3.5% in the first quarter from the same period a year before, according to Brazil’s oil regulator ANP, which attributed the fall to a number of scheduled and unscheduled stoppages.

• Friday, May 3rd 2019 - 11:46 UTC

  Latin American currencies softened against a strong US dollar following the Fed's two days meeting

  

  Latin American currencies softened against a stronger U.S. dollar on Thursday, a day after the U.S. Federal Reserve kept interest rates steady, while most regional stock markets broadly fell along with their global peers.

• Saturday, April 27th 2019 - 09:38 UTC

  Petrobras details divestment list including refineries; Bolsonaro open to privatization of oil company says minister

  

  Brazil's state-controlled oil company Petrobras on Friday for the first time detailed long-awaited plans to sell a series of refineries and other assets as the company focuses on its core oil and gas exploration business.