Petrobras
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Americas
Brazilian shipbuilder Ecovix files for bankruptcy protection
Brazilian shipbuilding company Engevix Construcoes Oceanicas (Ecovix) announced on Friday that it and five subsidiaries have filed for bankruptcy protection…
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Americas
Petrobras signs $5bn financing deal with Chinese bank
Brazil’s troubled state oil company Petrobras, which holds huge offshore oilfield interests, on Thursday agreed a multibillion-dollar financing deal with…
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Americas
Leaked testimony claims Brazil President Temer took $3m in Petrobras corruption
Brazil’s President Michel Temer on Friday was implicated in the Petrobras scandal in leaked testimony from executives of the Brazilian…
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Americas
Petrobras to pay down debt with sale funds
Brazil’s troubled state oil firm Petrobras announced it was able to pay off $1.25b it owed to the National Bank…
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Americas
Petrobras settles lawsuits in US with 11 more investors
Brazil’s troubled state oil company Petrobras on Wednesday settled 11 more lawsuits with its own investors who claimed the firm…
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Americas
Court halts sale of two Petrobras fields to Australian company
A Brazilian court has placed an interim injunction on the sale of two offshore fields by state oil firm Petrobras…
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Americas
Petrobras board approves sale of its LPG division for $819m
The board of Brazil’s state oil firm Petrobras has approved the sale of its liquefied petroleum gas (LPG) division for…
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Americas
Former Finance Minister must stand trial in Petrobras affair, says judge
The judge leading the Petrobras corruption probe ruled on Thursday that Brazil’s former Finance Minister Antonio Palocci should stand trial,…
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Americas
Petrobras seeks to claim up to $20bn refund on offshore blocks
Brazil’s financially struggling state oil firm Petrobras could be in line for a $20bn windfall, according to Reuters. The money…
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Americas
Petrobras moves to limit damage from investors’ class-action case
Lawyers for troubled Brazilian oil company Petrobras on Wednesday asked the Second Circuit Court of Appeals in New York to…
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Americas
Petrobras trying to cancel contract for drillship with Grupo Schahin
Petrobras is trying to cancel its contract for hiring a drillship with engineering conglomerate Grupo Schahin, according to Reuters. Brazil’s…
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Americas
Petrobras targets 2020 for first FPSO at Libra field JV project
Petrobras has set a target year of 2020 for when it will install the first floating production, storage and offloading…
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Americas
Petrobras announces agreement to team up with Total
Brazil’s troubled energy giant Petrobras announced on Monday it is forming a strategic alliance with France’s Total to work on…
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Americas
Petrobras board approves settlement of four investor lawsuits in New York
The board of Brazil’s troubled state oil firm Petrobras on Friday approved multimillion-dollar settlements to lawsuits brought by investors in…
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Americas
Former speaker of Brazil’s lower house arrested on $5m Petrobras bribe charge
The former speaker of Brazil’s Chamber of Deputies (the lower house of Congress), has become the latest major political figure…
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Americas
Petrobras worker unions turn down improved pay offer
The chance of a strike by Petrobras workers has become likelier with the rejection by unions of an improved pay…
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Americas
Judge delays attempt by Petrobras to cancel drillship contract
A judge has effectively put on hold a decision on whether or not Brazil’s state oil firm Petrobras can terminate…
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Americas
Strong interest after Brazil lifts Petrobras pre-salt obligations
Petrobras is already seeing positive reaction to last week’s decision by the country’s Congress to relieve the state oil giant…
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Americas
Brazil’s Congress votes to release Petrobras from pre-salt responsibilities
Petrobras can finally be relieved of its obligations in the prized pre-salt offshore oilfields after Brazil’s Congress passed a vote…
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Europe
Prosecutors confirm rejection of SBM Offshore leniency deal in Petrobras scandal
Brazilian prosecutors on Thursday confirmed their decision of last month to reject a settlement that would have allowed Dutch multinational…
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