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Shell Starts Production At New FPSO In Pre-Salt Brazilian Field

Royal Dutch Shell’s Brazilian subsidiary BG E&P Brasil and partners began production in a deepwater field in the Santos Basin on Friday, according to a new report by World Oil. The floating..
OilPrice.com

Brazilian assets dumped after fresh corruption scandal rocks President

brazilian assets dumped after fresh corruption scandal rocks president
Brazil’s stock markets and currency have plummeted after Michel Temer became the latest President to be plunged into scandal. Temer allegedly approved of a plan to pay off potential witnesses in a..
City A.M.

Videos for petrobras

News video: Brazilian President Denies Resignation Rumors Amid Corruption Scandal

Brazilian President Denies Resignation Rumors Amid Corruption Scandal 05:09

Brazilian president Michel Temer said he won’t resign, denying rumors that spread in the country on Thursday, May 18. A corruption scandal involving Temer was revealed on Wednesday, sparking..
Source: Storyful Studio -

News video: Brazilian shares tumble on fears president could be ousted

Brazilian shares tumble on fears president could be ousted 00:35

Thursday saw a massive sell-off of shares in Brazil prompted by fears that President Michel Temer could be ousted. At one stage São Paulo’s main stock market index fell 10.7 percent triggering an..
Source: Euronews English -

News video: Brazil's real falls as President linked to scandal

Brazil's real falls as President linked to scandal 01:28

Brazilian President Michel Temer has been caught discussing attempts to pay a potential witness to remain silent in the country's biggest-ever graft probe. As Kate King reports it's likely to..
Source: Business Video Online -

News video: Brazil's real falls as President linked to scandal

Brazil's real falls as President linked to scandal 01:28

Brazilian President Michel Temer has been caught discussing attempts to pay a potential witness to remain silent in the country's biggest-ever graft probe. As Kate King reports it's likely to mean..
Source: Reuters Studio -

News video: Brazil’s Temer denies approving hush money in corruption case

Brazil’s Temer denies approving hush money in corruption case 01:16

There are claims in Brazil that President Michel Temer approved payments to try to silence a witness in the country’s biggest-ever corruption inquiry. The president’s office has acknowledged that..
Source: Euronews English -

 

Petrobras May Pay First Dividend In 3 Years

Brazil’s state energy major Petrobras last distributed a dividend in April 2014. This year could mark the return of the payouts as the company eyes to end 2017 in the black. Chief executive Pedro..
OilPrice.com

Exclusive: Petrobras turnaround could yield first dividend in years in 2017

NEW YORK (Reuters) - Brazil's state-controlled oil company Petrobras will pay its first shareholder dividend in three years if the company turns a profit in 2017, Chief Executive Officer Pedro Parente..
Reuters

Q1 Profit Helps Petrobras Slim Down Debt Ahead of Schedule

The first quarter of the year turned out good for Brazil’s embattled state energy major Petrobras. The company reported a net profit of US$1.417 billion, up from a net loss of US$318 million for the..
OilPrice.com

Petrobras posts best quarterly results in two years


FT.com

$2.5 Billion Petrobras, Statoil Deal Halted By Courts

A Brazilian court has suspended the $2.5-billion sale of Petrobras’ stake in the giant Carcara field to Norwegian Statoil after the National Federation of Oil Workers filed a lawsuit arguing that..
OilPrice.com

Petrobras Reports 2.74M Bpd Daily Output For March

Brazil’s state oil major Petrobras announced that its average daily production last month stood at 2.74 million barrels of oil equivalent, a bit lower than in the previous month because of outages at..
OilPrice.com

Brazil corruption: Eight cabinet ministers named in Petrobras probe

brazil corruption: eight cabinet ministers named in petrobras probe
President Temer's chief of staff is among more than 100 politicians named by a Supreme Court judge.
BBC News

Exxon Mobil In Talks With Petrobras For New Offshore Joint Venture

Brazil’s deepwater oil fields could be Exxon Mobil’s newest playground, according to a recent report by The Wall Street Journal. A proposed joint venture between Exxon and state-run Petrobras would..
OilPrice.com

Petrobras CEO says Exxon expressed 'strong interest' in pre-salt oil

SAO PAULO (Reuters) - U.S. oil company Exxon Mobil Corp expressed to Brazil's state-controlled firm Petrobras "strong interest" in the exploration of deep-water pre-salt oil fields off the Brazilian..
Reuters

Brazil's black market pipeline: Gangs hijack Petrobras' oil, fuel

RIO DE JANEIRO (Reuters) - In September, police investigating a wave of killings in the northern Rio de Janeiro suburbs followed a tip to the isolated scrubland near the massive Duque de Caxias oil..
Reuters


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