petrobras

RIO DE JANEIRO, Aug 26 (Reuters) – A heating unit at a Petrobras depot in Brazil used to treat fuel for ocean-going ships exploded on Wednesday, killing

  SAO PAULO, August 17 (Reuters) – A Brazilian judge sentenced Nestor Cervero, former international chief of state-run oil firm Petrobras, to just

  By Caroline Stauffer Aug 14 (Reuters) – Prosecutors and federal police in Brazil have unearthed the country’s largest-ever corruption

  SAO PAULO, Aug 6 (Reuters) – Brazilian prosecutors on Thursday presented formal charges against Jorge Zelada, the former head of state-run oil

  RIO DE JANEIRO, July 7 (Reuters) – Two workers died at a construction project at a Brazilian oil terminal operated by state-run Petrobras on

Brazil's state-run oil company Petrobras slashed its long-term spending plan to the lowest level in eight years on Monday as new management moved to reduce the

Brazil's state-run oil company Petrobras will likely delay details of major cuts to its $221 billion five-year spending plan until July, two sources said, when

Brazil's state-run oil company Petrobras canceled leases with Schahin Petroleo e Gas SA for five offshore oil drilling and production vessels after a cash

If guiding the biggest iron-ore miner through the worst price rout in a decade wasn’t enough, Murilo Ferreira is taking on a new

Grupo Schahin filed for Brazil’s equivalent of Chapter 11, becoming the latest Petroleo Brasileiro SA contractor to seek protection from creditors as a

There’s a growing chorus of lawmakers advocating a bigger role for foreign oil companies in Brazil’s prized deepwater discoveries as the national producer

Petrobras announced today production has commenced at their P-61 platform in the Papa-Terra field located at the southern end of the Campos Basin. The P-61 is

Petroleo Brasileiro SA’s descent into junk- bond status may be far from

A sixth victim of last week's deadly explosion on a Petrobras offshore oil and natural gas production ship has been

Seadrill reports today contract extensions with Petrobras for their ultra-deepwater semi-submersible drilling rigs West Taurus and West Eminence will likely

Last week, a huge corruption scandal at Petrobras resulted in an entire change-out of the top leadership at the Brazilian energy major.  A report by

By Sabrina Valle and Denyse Godoy (Bloomberg) — Petroleo Brasileiro SA Chief Executive Officer Maria das Gracas Foster and five of her top managers

Brazil's prosecutor-general Rodrigo Janot on Tuesday called for the replacement of state-controlled oil company Petrobras' top management and punishment of

MODEC announced today the FPSO Cidade de Mangaratiba MV24 achieved first oil in October at block BM-S-11 in Santos Basin offshore Brazil.  The vessel is on

Brazil’s biggest money laundering and corruption scandal just got bigger with a high-level executive’s pledge to return $100 million and testify against