Brazil
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Americas
Signs of hope for Petrobras
San Francisco: Scandal-wracked energy giant Petrobras has seen some small buds of hope springing up this week as its bond…
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Americas
Brazil to lease 29 port terminals to private companies
London: The Brazilian government plans to allow private companies to lease 29 state-owned terminals at ports across the country, including Santos…
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Americas
Petrobras shuts down FPSO over safety concerns
San Francisco: As if the ongoing corruption scandal around Petrobras was not enough, the company was forced to shut down…
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Americas
Brazil to send huge ethanol shipment to US
San Francisco: Brazil will ship about 30,000 tonnes of ethanol to the US in a single shipment arranged by Royal…
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Americas
Petrobras starts production on offshore rig P-61
San Francisco: Brazil’s state-run oil giant Petrobras announced on Monday it has started production on its P-61 tension leg offshore…
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Americas
Petrobras starts testing output from Buzios field
San Francisco: Petrobras has started testing output from its Buzios offshore field off Rio de Janeiro, the company announced on…
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Americas
Former Petrobras executive testifies ruling party members took bribes
San Francisco: A former executive with Petrobras said on Tuesday the country’s ruling Workers Party benefited to the tune of…
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Americas
Petrobras to sell off $13.7bn in assets before end of 2016
Petrobras, Brazil’s state-run energy giant, will sell off $13.7bn in assets over the next two years, it announced. Stocks reacted…
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Americas
Brazil’s truck-driver strike weakens but ports still suffering
Brasília: Brazil’s truck drivers’ strike is waning but remaining roadblocks are still hurting ports, notably ones in the south and…
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Europe
DOF shreds five
Oslo: DOF’s subsidiary Norskan Offshore in Rio de Janeiro has entered into an agreement to sell five ships operating in…
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