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Prosafe SE: Operational update Q3 2017

The fleet utilisation rate in the third quarter of 2017 was 38.9 per cent (Q3 2016 52 per cent). There has been no Lost Time Injury (LTI) in the quarter. The Safe Scandinavia Tender Support..
GlobeNewswire

Moody’s upgrades Petrobras, citing lower leverage, better governance


FT.com

Videos for petrobras

News video: Former Brazil Presidents Charged In Corruption Case

Former Brazil Presidents Charged In Corruption Case 00:44

On Tuesday former Presidents Luis Inacio Lula da Silva and Dilma Rousseff along with fellow Workers Party members were charged with forming a criminal organization. They are the latest accusations in..
Source: Wochit Headline News -

 

Petrobras seeks approval for listing of petrol station business


FT.com

Brazil court freezes ex-leader Rousseff's assets over 2006 refinery deal

BRASILIA (Reuters) - Brazil's federal audit court on Wednesday ordered frozen the assets of former president Dilma Rousseff as well as those of José Sérgio Gabrielli, ex-head of state-run oil company..
Reuters

Brazil Has No Plans To Privatize Petrobras

A senior official in Brazil said there are no current plans to privatize the national oil company to deal with its massive debt, according to a new report by Reuters. Fernando Coelho Filho, the..
OilPrice.com

Exxon Acquires $1.2B Worth Of Oil Blocks In Brazil Auction

Exxon won the rights to develop 10 oil blocks in Brazil’s deep waters at a Wednesday auction that marks a turn for the local oil industry after years of Petrobras’ reign. The new government hopes..
OilPrice.com

Expect A Flurry Of Oil Deals In This Asian Nation

Brazil president Michel Temer confirmed this week that state oil firm Petrobras will not be privatized. Ending speculation that the oil giant could be opened to foreign investment.  Firms like..
OilPrice.com

New players step into Brazil vacuum created by Petrobras scandal

‘Car Wash’ corruption probe opens up the market for infrastructure contracts to smaller companies
FT.com

Petrobras To Issue $2B New Bonds, Exchange Shorter-Term Debt

Petrobras plans to offer U.S.-dollar denominated global notes in one or more series for a total principal amount of up to US$2 billion, and to purchase or exchange five series of outstanding notes,..
OilPrice.com

Shell, Petrobras To Cooperate In Developing Brazil’s Pre-Salt Fields

Shell and Petrobras have signed an agreement to set up a long-term cooperation initiative to develop pre-salt fields in Brazil, the Anglo-Dutch oil major said on Monday. Under the memorandum of..
OilPrice.com

This Nation Just Declared An Unprecedented Sale In Energy

The economy of Brazil has been struggling lately. Weighed down by the collapse in oil prices, and a massive corruption scandal — which this week saw the former CEO of state oil company..
OilPrice.com

Ex-CEO of Petrobras charged with corruption


FT.com

Exclusive: Citigroup tops eight-bank group for Petrobras unit IPO - source

SAO PAULO (Reuters) - Citigroup Inc and seven other banks will underwrite the initial public offering of Petróleo Brasileiro SA's fuel distribution unit, which will likely occur in November, a person..
Reuters

Brazil Plans for $17 Billion In New Investments By 2017 End

Brazil’s state-owned Petrobras forecasts $17 billion in investments and $8 billion in asset liquidation over the course of 2017, according to a new corporate financial presentation posted online. The..
OilPrice.com

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