Investment News in Brazil
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8/29/2018 - With daily oil production of over 90 000 barrels per day from current fields and with expected investments of more than 15 billion USD until 2030, Brazil has become a core area for Equinor. ... |
| 3/14/2018 - Siemens has signed a Memorandum of Understanding (MoU) with the Brazilian Trade and Investment Promotion Agency (Apex-Brasil) in Sao Paulo. Initiatives outlined in the agreement have the potential to ... |
| 12/14/2017 - Petrobras and ExxonMobil signed a memorandum of understanding regarding a strategic alliance to jointly identify and evaluate potential business opportunities. ... |
| 2/22/2017 - Brazil's government said it would relax local content rules for the oil industry as of September in an effort to attract foreign investment and lower costs that have hindered development of vast offsh... |
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10/10/2016 - An economic recession and political corruption over the past two years has not set the best stage for the oil and gas industry in Brazil. A low oil price and large investment cuts have added to the ch... |
| 9/20/2016 - The investment portfolio of 2017-2021 Plan prioritizes exploration and production projects of oil in Brazil, with emphasis on deep water. In other business areas, investments are intended primarily to... |
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7/24/2016 - In Brazil, growth data for 1Q16 and the monthly indicators of the past two months have only confirmed the negative expectation for the economic growth of the country in 2016, which sees a contraction ... |
| 6/9/2016 - The Board of Directors of the Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution, approved support for eight new development projects totaling nearly... |
| 3/9/2016 - Measures to encourage oil and gas exploration in Brazil published in the official gazette could unlock $120 billion in investments, Energy Minister Eduardo Braga said in a statement. ... |
| 2/24/2016 - Brazil's Senate approved a bill that ends a requirement that state-run oil company Petroleo Brasileiro SA operate all new developments in an offshore region known as the Subsalt Polygon and provide at... |
| 2/15/2016 - Royal Dutch Shell , Europe's largest oil company, expects to make robust investments in Brazil's offshore resources, hoping to quadruple oil and gas output there by the end of the decade, its chief ex... |
| 12/15/2015 - The pace of divestment at Brazil's state-run oil company Petrobras in 2016 will likely be faster than originally thought, the company's Chief Executive Aldemir Bendine said on Tuesday. |
| 10/5/2015 - State-led Petroleo Brasileiro SA , struggling with the biggest debt load among global oil firms, cut $11 billion from capital spending plans for this year and next as Brazil's currency and oil prices ... |
| 8/7/2015 - Royal Dutch Shell is considering investing billions in Brazil, set to become a focal point after the planned acquisition of BG Group (BG.L), even as it prepares to sell huge chunks of its business to ... |
| 7/4/2015 - Videocon Industries Ltd plans to invest $2.5 billion in oil and gas ventures in Brazil over the next two to three years, the consumer electronics-to-energy group's chief said, as part of its strategy ... |
| 6/29/2015 - Brazil's state-run oil company Petrobras slashed its long-term spending plan to the lowest level in eight years on Monday as new management moved to reduce the industry's largest debt burden and resto... |
| 6/12/2015 - Petrobras has received through its fully owned subsidiary Petrobras Global Trading BV - PGT, the amount of US$ 1.5 Billion related to the loan signed on May 20th, 2015, with the China Development Bank... |
| 5/20/2015 - Petrobras has signed with China Development Bank Corporation- CDB a cooperation agreement for the years 2015 and 2016. ... |
| 10/21/2014 - Petrobras informs that the rating agency Moody's announced that the level of risk (rating) of debt in foreign currency and place of Petrobras Baa1 to Baa2 with perspective negative, while maintaining ... |
| 6/25/2014 - Brazil plans to sell billions of dollars worth of offshore oil rights to state-run oil company Petrobras, a move expected to saddle the company with new costs even as its debt soars and it struggles t... |
