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Brazil

Sunday, April 12, 2015

Brazil Oil & Gas News

Protests across Brazil seek ouster of president
SAO PAULO (AP) — Nationwide demonstrations calling for the impeachment of President Dilma Rousseff swept Brazil for the second day in less than a month, though turnout at Sunday's protests appeared down, prompting questions about the future of the movement.



Saturday, April 11, 2015

Brazil Oil & Gas News

Brazil's Oleo e Gas, OSX In Talks To Halt Tubarao Azul Oil Output
RIO DE JANEIRO, April 7 (Reuters) - Brazil's Oleo e Gas Participacoes SA is in talks with units of shipbuilder and ship-leaser OSX Brasil SA to halt output from its Tubarao Martelo offshore oil field, Oleo e Gas said in a securities filing on Tuesday.



Friday, April 10, 2015

Brazil Oil & Gas News

Oil & Gas News
Energy minister Eduardo Braga says Brazil "cannot afford to repeat past mistakes" in the oil and gas sector. While the US$70bn takeover hands Shell a slew of LNG projects in Australia, the ripple effects will arguably be felt most in South America.

Brazil police arrest politicians in corruption scheme
Police have arrested three former congressmen suspected of involvement in a corruption scheme at Brazil's state-run oil giant Petrobras. They are the first politicians to be arrested in the scandal. Brazil's ...

Petrobras sees cost of corruption at up to 6 billion reais - report
Brazil's state-run oil company Petrobras estimated losses connected to a vast corruption scheme are between 5 billion reais and 6 billion reais (1.1 billion-1.3 billion pounds), a report in Folha de S.Paulo newspaper said on Friday citing sources reviewing past contracts. The calculation is based upon the 3 percent of what Petrobras overpaid for contracts in a kickback scheme revealed in ...

Brazil police arrest politicians in corruption case
SAO PAULO (AP) — Brazil's federal police Friday arrested three former congressmen suspected of involvement in a corruption scheme at Brazil's state-run oil giant Petrobras. They are the first politicians to be arrested in the scandal.



Thursday, April 9, 2015

Brazil Oil & Gas News

Brazil's Petrobras says does not have date to publish results
Brazil's state-run oil company Petroleo Brasileiro SA said on Thursday it does not yet have a date to publish audited third and fourth quarter results, delayed due to a corruption scandal. On Wednesday ...

Protester releases rodents at Brazil graft hearing
Brasília (AFP) - A hearing into a massive graft scandal at Brazil's state oil firm Petrobras was interrupted Thursday when a protester unleashed several rodents including mice, hamsters and gerbils on proceedings, sparking chaos at Congress. The small brown creatures were released by an unknown suspect in the middle of the hearing, interrupting a statement by ruling Workers Party (PT) treasurer ...



Tuesday, April 7, 2015

Brazil Oil & Gas News

Schahin bonds continue to tumble on more speculation
Continued speculation about the financial viability of Brazil's Schahin Oil & Gas prompted another selloff Tuesday in the company's bonds due 2022. News Monday that Petrobras would halt five drilling rigs under contract to Schahin then added to concerns that Petrobras could exercise early termination clauses triggered by a bankruptcy or performance issues. "Schahin has been struggling for a ...



Friday, March 27, 2015

Brazil Oil & Gas News

Research and Markets: Brazil Oil and Gas Exploration and Production Analysis and Outlook Report 2015-2025 - Blocks ...
Research and Markets has announced the addition of the "Brazil Oil and Gas Exploration and Production Analysis an






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