Investment News in Brazil
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6/20/2014 - Petrobras clarifies news broadcast in the media about a potential sale of asset. ... |
| 6/13/2014 - A judge approved a restructuring plan for Oleo e Gas Participacoes SA, the oil company controlled by Brazilian tycoon Eike Batista, according to a statement by the Rio de Janeiro court that heard the ... |
| 5/14/2014 - Brazil's Senate opened an inquiry into alleged corruption and mismanagement at state-run oil company Petroleo Brasileiro SA, a probe that could complicate President Dilma Rousseff's bid for reelection... |
| 5/8/2014 - A Brazilian court ordered up to 122 million reais ($55.2 million) in assets held by former billionaire Eike Batista be frozen as part of an investigation into unfair market practices, a local newspape... |
| 4/15/2014 - Portuguese energy company Galp's oil and natural gas output jumped over 19 percent in the first quarter from a year earlier, exceeding market expectations, while its oil refining volumes fell 23 perce... |
| 4/8/2014 - Petroleo Brasileiro SA borrowed 4 billion reais ($1.8 billion) in a 17-year loan from Banco Bradesco SA to help pay for work on the Abreu e Lima refinery in northeastern Brazil, a source with direct k... |
| 4/7/2014 - Petroleo Brasileiro SA denied that it had shelved plans to sell debt in local and international markets later this year after a series of scandals involving the Brazilian state-controlled oil producer... |
| 3/24/2014 - Standard & Poor's cut Brazil's sovereign debt rating closer to speculative territory in a blow to President Dilma Rousseff, whose efforts to stir the economy from a years-long slump have eroded the co... |
| 2/27/2014 - A Brazilian court has suspended the deadline for shipbuilder OSX Brasil SA to present its restructuring plan under bankruptcy legislation until a new judge is appointed to the case, the company said i... |
| 2/24/2014 - HRT Participacoes em Petroleo S.A., in compliance with the provision of CVM Instruction 358/02, announces that its wholly-owned subsidiary, HRT O&G Exploracao e Producao de Petroleo Ltda., fully paid,... |
| 2/20/2014 - A Brazilian court has barred shipbuilder and ship-leaser OSX Brasil SA from joining its bankruptcy protection petition to that of Oleo e Gas Participacoes SA, the oil company controlled by former bill... |
| 2/17/2014 - OSX Brasil SA, the bankrupt shipbuilding company controlled by former billionaire Eike Batista, is in talks with Cerberus Capital Management LP and a number of unnamed investors for a potential debtor... |
| 2/8/2014 - Creditors led by Pacific Investment Management Co and other bond investors agreed late on Friday to provide $215 million of financing to Oleo e Gas Participacoes SA, the oil producer of Brazilian tyco... |
| 1/24/2014 - Bankrupt oil producer Oleo e Gas Participacoes SA has delayed detailing its restructuring plan to creditors until Jan. 31 as it tries to secure new funding, the company said in a statement. ... |
| 1/23/2014 - Petrobras announces that the consortium formed by Petrobras (40%), Shell (20%), Total (20%), CNOOC (10%) and CNPC (10%), along with Pre-Sal Petroleo S.A. (PPSA), has approved, on the Operational Commi... |
| 1/9/2014 - Oleo e Gas Participacoes SA, Brazilian entrepreneur Eike Batista's oil company, said it paid off part of the debt related to the development costs for two offshore oil fields. ... |
| 12/26/2013 - Brazilian tycoon Eike Batista's troubled shipbuilder OSX Brasil SA and oil company Oleo e Gas Participacoes SA have taken another step toward emerging from Latin America's largest-ever bankruptcy with... |
| 11/25/2013 - A judge in Rio de Janeiro accepted a bankruptcy-protection request made earlier this month by OSX Brasil SA, the shipbuilder controlled by Brazilian tycoon Eike Batista, giving OSX 180 days to prepare... |
| 11/21/2013 - A Brazilian judge denied bankruptcy protection for the foreign subsidiaries of OGX in a decision that may complicate the recovery of the oil company, which is controlled by former billionaire Eike Bat... |
| 11/21/2013 - Brazilian oil company OGX, controlled by former billionaire Eike Batista, plans to appeal a judge's decision to deny bankruptcy protection to its foreign subsidiaries, the company's lawyer. ... |
