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
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 -
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 -
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 -
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 -
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 -
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 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.
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
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.
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
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
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