Friday 29 July 2016
 
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Petrobras

Petrobras' Indian partners fight delay in troubled Brazil oil project

Petrobras has warned its Indian partners in a huge offshore project to not expect oil from the site until 2022, according to sources, a fresh sign of how low oil prices and the state-owned company's corruption scandal and mountain of debt

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Petrobras kicks off auction process to sell Liquigás

Brazil's state-controlled oil company Petróleo Brasileiro has kicked off a competitive auction process to sell Liquigás Distribuidora, a subsidiary focused on the distribution and sale of liquefied natural gas. &

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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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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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