By Gabriel Araujo SAO PAULO (Reuters) – Airline lobby group IATA has urged the Brazilian government and state-run oil company Petrobras to tweak the way jet fuel is charged in …
petrobras
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By Rodrigo Viga Gaier RIO DE JANEIRO (Reuters) – Brazil is expected to join the OPEC+ group of oil-producing countries in January but would not take part in the group’s …
- MIsc. News
Petrobras decision on extra dividend should be made near year-end, says CFO
by Reutersby ReutersRIO DE JANEIRO (Reuters) – The board of Brazilian state-run oil giant Petrobras should decide whether or not extra dividends will be paid out near the end of the year, …
- Business News
Brazil’s Petrobras walks back 4 divestment processes after review
by Reutersby ReutersSAO PAULO (Reuters) – Brazilian state-run oil company Petrobras said on Monday it has decided to halt some key asset sales after concluding a broad revision of divestment processes, which …
- Business News
Exclusive-Brazil’s Petrobras plans China subsidiary in push to boost ties, CEO says
by Reutersby ReutersBy Marta Nogueira RIO DE JANEIRO (Reuters) – Petrobras plans to create a Chinese subsidiary, Chief Executive Jean Paul Prates told Reuters, as Brazil’s state-run oil firm pushes to strengthen …
- US and World News
Protesters oppose Petrobras oil exploration plan at mouth of Amazon river
by Reutersby ReutersBELEM, Brazil (Reuters) – Environmental demonstrators protested on Sunday against plans by Brazilian state-run oil company Petrobras to drill for oil at the mouth of the Amazon river. “Oil-free Amazon,” …
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SAO PAULO (Reuters) – Brazilian state-run oil company Petrobras will cut natural gas prices by an average 11.1% starting Feb. 1, it said on Tuesday on its website. Petroleo Brasileiro …
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SAO PAULO (Reuters) -Brazilian state-run oil company Petrobras said on Wednesday its board of directors had approved the early departure of chief executive officer Caio Paes de Andrade, which will …
- Business News
Next Petrobras CEO says he will change company’s fuel price policy
by Reutersby ReutersBRASILIA (Reuters) – The incoming chief executive of Brazil’s state-run oil company Petrobras said on Friday he planned to tweak the country’s fuel price policy, but said investors need not …
- Business News
Lula to announce Petrobras, Banco do Brasil, Caixa CEOs on Friday -Haddad
by Reutersby ReutersBRASILIA (Reuters) -Brazil’s President-elect Luiz Inacio Lula da Silva will announce the new chief executives of state-run oil company Petrobras, state-controlled lender Banco do Brasil and state lender Caixa Economica …
- Business News
Brazil’s Petrobras reaches deal with regulator on govt stake in oilfield
by Reutersby ReutersSAO PAULO (Reuters) – Brazilian state-run oil company Petrobras has reached a deal with oil regulator ANP to pay 780 million reais ($146.38 million) regarding the government’s stake in its …
- Business News
Lula to start job interviews for Petrobras overhaul, sources say
by Reutersby ReutersBy Sabrina Valle (Reuters) – Brazilian President-elect Luiz Inacio Lula da Silva begins interviews this week with candidates to run oil firm Petrobras, people familiar with the talks said, kicking …
- US and World News
Europe-listed Brazil stocks, Petrobras slip after Lula election win
by Reutersby ReutersLONDON (Reuters) – German-listed shares in Brazil’s state-run oil company Petrobras slipped more than 7% in early European trade after leftist leader Luiz Inacio Lula da Silva narrowly defeated President …
- US and World News
Petrobras taps Brazil Treasury official for executive post, sources say
by Reutersby ReutersBy Rodrigo Viga Gaier RIO DE JANEIRO (Reuters) – Brazilian Treasury official Esteves Colnago has been tapped for a position on the executive board of Petrobras, two sources told Reuters …
- US and World News
Sembcorp secures $3 billion shipbuilding contract from Brazil’s Petrobras
by Reutersby Reuters(Reuters) -Singapore’s Sembcorp Marine said on Wednesday its unit secured a $3.1 billion contract to build a vessel from Brazilian oil and gas producer Petroleo Brasileiro SA Petrobras. The P-82 …
- US and World News
Petrobras to release new strategic plan in November, director says
by Reutersby ReutersBy Rodrigo Viga Gaier RIO DE JANEIRO (Reuters) – Petrobras is set to present its new strategic plan for the coming years in November, an executive for Brazil’s state-run company …
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SAO PAULO (Reuters) – Brazil’s Petrobras said on Monday it had started the binding phase of selling its fertilizer project UFN-III, inviting potential buyers to bid on the plant. The …
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SAO PAULO (Reuters) – Brazil’s Petrobras said on Monday it will cut aviation gasoline prices for distributors by 15.7% starting Sept. 1. The move marks the second time in recent …
- Financial News
Brazil’s Petrobras elects new CEO as fuel price pressures mount
by Reutersby ReutersBy Rodrigo Viga Gaier and Rafaella Barros RIO DE JANEIRO – The board of directors of Brazil’s Petrobras elected Caio Paes de Andrade as its new chief executive on Monday, …
- Financial News
Brazil’s Petrobras in talks to freeze fuel prices for 45 days -sources
by Reutersby ReutersRIO DE JANEIRO – Petrobras’ board of directors held discussions Friday over freezing fuel prices for 45 days, according to three sources with knowledge of the matter. The proposal, presented …
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By Gabriel Araujo, Lisandra Paraguassu and Gram Slattery SAO PAULO – Shares of Brazil’s state-run oil company Petrobras plunged on Tuesday after the government ousted its chief executive for the …
- Financial News
Exclusive-U.S. asked Brazil’s Petrobras if it could raise oil output; it said no -sources
by Reutersby ReutersBy Gabriel Stargardter, Gram Slattery and Rodrigo Viga Gaier RIO DE JANEIRO – U.S. government officials in March asked Brazil’s state-run oil company Petrobras whether it could increase crude output …
- Financial News
Brazil’s Petrobras posts $9 billion profit as Bolsonaro rails against company
by Reutersby ReutersBy Gram Slattery and Roberto Samora RIO DE JANEIRO – Brazil’s Petrobras posted a first-quarter net income that beat forecasts on Thursday, just minutes after Brazilian President Jair Bolsonaro railed …
- Financial News
Brazil’s Petrobras starts binding phase for sale of MP Gulf of Mexico stake
by Reutersby Reuters(Reuters) – Brazil’s Petrobras on Monday started the binding phase to sell its subsidiary 20% stake in Texas-based MP Gulf of Mexico LLC, which owns offshore fields in the region. …
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SAO PAULO – Brazilian state-run oil company Petrobras said on Thursday its board of directors has elected Jose Mauro Coelho as the firm’s chief executive for a one-year term. Coelho, …