Tag: petrobras

Brazil President Being Investigated for Involvement in the Petrobras Corruption Case

Brazil’s Federal Supreme Court gave a green light to preliminary investigation into President Michel ...

US Judge Hears Investors Claiming to Be Defrauded by Petrobras

Brazil’s state-run oil company Petrobras urged a U.S. judge to throw out an investors’ ...

After Denouncing Fraud at Petrobras to Police, Ex-director Refuses to Talk to Congress

Paulo Roberto Costa, former director of the supplying department of Brazil’s state-owned oil multinational ...

After 2-Year Hiatus, Brazil Getting Ready to Hold Oil Rights Auction

Brazil will hold a 13th round of oil rights auctions in the first half ...

Brazil Opposition Blames Government for Robbing Petrobras to Stay in Power

A jailed former executive at state-controlled oil multinational Petrobras Paulo Roberto Costa has reportedly ...

Brazil Hiking Fuel Prices, But Only After October Presidential Elections

Dilma Rousseff, the president of Brazil, admitted her government might increase domestic fuel prices ...

What’s Wrong with Brazil’s Once-Thought-Indestructible Petrobras

It is widely believed that the countries which best manage their energy needs today ...

Brazil Raises Gas Prices 6.6%, But Markets Say This is Not Enough

Petrobras, the Brazilian state-controlled oil multinational said in a market filing that it would ...

Unable to Keep Up with Demand Brazil Sharply Ups Fuel Imports Including Ethanol

Brazilian oil production has failed to keep up with rising consumption, and the country ...

New Chief of Brazil’s Petrobras, Born in Favela, Picked Up Recyclables in Trash as a Kid

Brazil’s state-controlled oil and gas multinational Petrobras, the sixth most profitable company in the ...