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Petrobras To IPO Fuel Unit

Brazil’s energy major Petrobras has prepared a proposal for the listing of its fuel unit, to be reviewed and approved by its board of directors, chief executive Pedro Parente told media. Parente..
OilPrice.com

BTG Pactual asset management tries to shake off Petrobras scandal

Investment arm of Brazilian bank plans to launch volatility hedge fund in August
FT.com

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 -

 

Brazil’s state-controlled companies pursue reinvention

After scandal, Petrobras and Eletrobras say challenge is stopping government meddling
FT.com

Brazil chiefs vow to steer state titans through political crisis

Petrobras and Eletrobras executives intend to stay if new regime takes reins
FT.com

You Didn’t Hear About It, But Every Oil Pro Is Watching This Gov’t Decision

It barely got any coverage in the press this week. But one of the biggest happenings in oil just came down, in a place everyone in the petro-world is looking at. Offshore Brazil. As I’ve discussed,..
OilPrice.com

Brazil's two-year recession ends but political scandal still looms large

brazil's two-year recession ends but political scandal still looms large
Brazil’s economy rebounded from recession in the first quarter of the year, despite the economic recovery being threatened by a deepening political crisis. After two years in which Brazil’s..
City A.M.

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.

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


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