Tuesday 30 June 2015
 
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Petrobras

Petrobras brings in Merrill to help in $5bn selloff plan

Indebted Brazilian oil company Petrobras has brought in Bank of America Merrill Lynch to help manage a multi-billion dollar divestment plan and has already contacted major oil companies who might be interested buyers, three sources familiar with

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Petrobras brings in Merrill to help in $5bn selloff plan

Indebted Brazilian oil company Petrobras has brought in Bank of America Merrill Lynch to help manage a multi-billion dollar divestment plan and has already contacted major oil companies who might be interested buyers, three sources familiar with

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Yokogawa-Petrobras in wireless deal

Yokogawa America, a subsidiary of Yokogawa Electric Corporation, has  signed a partnership agreement with Petróleo Brasileiro (Petrobras), a major oil company, on the evaluation of field wireless technology. Through th

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Yokogawa-Petrobras in wireless deal

Yokogawa America, a subsidiary of Yokogawa Electric Corporation, has  signed a partnership agreement with Petróleo Brasileiro (Petrobras), a major oil company, on the evaluation of field wireless technology. Through th

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Petrobras Q1 profit plunges 17pc, imports soar

State-controlled oil company Petroleo Brasileiro (Petrobras) has registered a 17 per cent drop in its first-quarter profit as oil-output fell, imports soared and fuel subsidies ate up cash needed for investment.   While the re

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Petrobras names woman engineer as CEO

Brazilian oil giant Petrobras plans to name veteran engineer Maria das Graças Foster as chief executive, promoting a respected technocrat from the company's ranks in a bid to turn around its lackluster performance in recent years. Rio de

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Jordan to invest in $3bn oil shale market

Jordan is set to invest in the revolutionary global oil shale market, worth an estimated $2.88 billion in 2011, said the organisers of an upcoming energy summit in Amman. The prospects for Jordan’s oil shale industry will be the topic of d

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Petrobras board delays business plan approval

The board of Brazilian state-led oil company Petrobras has delayed approval of a five-year business plan for a second time, which may indicate strain between management and the federal government over the size of the company's investments.

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KPC signs jet fuel deal with Petrobas

State-owned Kuwait Petroleum Corp (KPC) has signed a one year deal with Brazil's oil company Petrobras to provide it with 720,000 tonnes of jet fuel starting mid 2011, Kuwait's news agency reported on Sunday. '(KPC) ... will he

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Petrobras raises $70bn in largest share offering

Brazilian state oil company Petrobras has raised $70 billion in the world's biggest share offering, giving the company the financial muscle it needs to tap vast offshore oil reserves. The cash will help fund the world's largest oil

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