By Gram Slattery and Gabriel Araujo RIO DE JANEIRO – After two messy, drama-filled weeks struggling to fill the top job at state-run oil company Petrobras Brazil’s government turned this …
petrobras
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Financial News
Brazil’s Petrobras CEO appointee may face conflict of interest probe
by Reutersby ReutersRIO DE JANEIRO – The prosecutor’s office at Brazil’s federal audit court (TCU) has asked the court to open an investigation into President Jair Bolsonaro’s appointment of Adriano Pires as …
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Financial News
Petrobras, PetroRio advance in Albacora Leste talks; twin field trickier, sources say
by Reutersby ReutersBy Gram Slattery RIO DE JANEIRO – Brazilian oil company PetroRio SA is close to agreeing on terms to purchase the Albacora Leste field from state-run oil company Petrobras, two …
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Financial News
Brazil’s Petrobras loses $400 million court case to Paragon Offshore
by Reutersby ReutersSAO PAULO – Brazil’s Petrobras said on Thursday that a Rio de Janeiro state court has ruled against the state-run oil company in a case brought up by drilling contractor …
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Financial News
Outgoing CEO Luna says Petrobras has no place for ‘adventurers’
by Reutersby Reuters(Reuters) – Petrobras has a strong governance and there is no room for “adventurers” within the firm, said outgoing Chief Executive Joaquim Silva e Luna on Tuesday. During a lecture …
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By Gram Slattery and Gabriel Araujo RIO DE JANEIRO – Brazilian President Jair Bolsonaro has made little secret in recent weeks of his ire at state-run oil company Petrobras over …
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Financial News
Brazil’s Bolsonaro hints at potential replacement of Petrobras CEO
by Reutersby Reuters– There is a possibility of replacing Petrobras’ chief executive, Brazil’s President Jair Bolsonaro said on Wednesday, adding further pressure to the state-run oil company’s pricing policy. In an interview …
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Business News
Brazil’s Supreme Court annuls billion-dollar labor dispute against Petrobras
by Reutersby Reuters– Brazil’s Supreme Court annulled on Monday a previous court decision that would have required state-run oil company Petrobras to pay billions of dollar in a labor dispute involving additional …