Petrobras
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ENERGY
Petrobras credit rating raised to BB-: improved governance “compares well with those of its peers”
Credit rating agency Standard & Poor’s on Friday raised its corporate credit rating on Petrobras, one notch, from B+ to…
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AMERICAS
Suspended Rousseff claims tapes reveal her impeachment is meant to stop the Petrobras corruption probe
Suspended President Dilma Rousseff said in an interview published Sunday that leaked audio recordings of men backing her impeachment show…
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AMERICAS
Shell suggests Petrobras should cede some drilling rights to foreign firms
Brazil’s government-owned oil giant Petrobras should cede some of its drilling rights to foreign firms, Royal Dutch Shell Oil CEO…
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AMERICAS
Brazil’s inflation at 12-year high in January driven by food and transportation prices
Brazil’s inflation rate rose to a 12-year high, officials said on Friday, as Latin America’s largest economy continues to struggle…
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Breaking News
Petrobras plans to slash 30% of management jobs in non-operating areas
As Brazil struggles with a corruption scandal in which executives and politicians face investigations of alleged bribery, Brazil’s state-run oil…
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AMERICAS
Brazil considering plan to bolster Petrobras capital with ‘hybrid securities’
Brazil’s government is considering a debt plan to bolster the capital of heavily indebted state-controlled oil Petrobras, Agencia Estado news…
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AMERICAS
Police want to question Lula da Silva on Petrobras; request to the Supreme Court
Brazilian police have asked the Supreme Court for permission to question former president Lula da Silva, who they say may…
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AMERICAS
“Dilma Out”, was voiced by hundreds of thousands across Brazil
Hundreds of thousands of demonstrators took to the streets across Brazil to call for the impeachment of president Dilma Rousseff,…
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AMERICAS
Petrobras scandal ramifications getting closer to Lula da Silva
One of Brazil’s leading weekly magazines, Epoca, has revealed that former president Lula da Silva could be investigated over corruption…
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AMERICAS
Petrobras engineering firm contractor files for bankruptcy
Brazilian engineering firm Galvao Engenharia said on Wednesday it filed for bankruptcy protection, as state-run oil company Petrobras cut off…
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