Financials and Investment News in Brazil
| 1/19/2017 - Petrobras will receive approximately R $ 81 million from the British company Rolls-Royce, which entered into a leniency agreement with the Federal Public Prosecutor's Office (MPF) under Operation Lava... |
| 1/17/2017 - Brazil's state-controlled oil company Petrobras said that it had raised $4 billion in an international issue of bonds maturing in 2022 and 2017. ... |
| 1/9/2017 - Petroleo Brasileiro SA has launched a program to buy back up to $2 billion of existing bonds in cash and the offering of new debt, as the world's most indebted oil company seeks to refinance debt matu... |
| 1/5/2017 - According to our pricing policy announced in October 2016 , the Executive Group Markets and Prices (GEMP) decided to raise the price of diesel at the refinery by 6.1% on average. The new values start ... |
| 12/16/2016 - Petrobras signed a $ 5 billion ten-year financing agreement with the China Development Bank (CDB). The funding is the result of commitment agreement entered into between the parties, as announced on 2... |
| 11/28/2016 - Petroleo Brasileiro S.A. - Petrobras, further to the Material Fact disclosed on November 22, 2016, informs that the amount of US$ 1.25 billion received upon the closing of the sale of the stake in the... |
| 11/1/2016 - The revision of a massive exploration contract between Brazil's government and Petrobras will be based on the price of oil at the end of 2014, likely leaving the state-run oil company with a credit, t... |
| 9/20/2016 - Petrobras announces that its Board of Directors approved, at a meeting held yesterday, the new Strategic Plan and the Business and Management Plan 2017-2021. ... |
| 7/29/2016 - Karoon Gas Australia Ltd would like to update stakeholders on further developments relating to Karoon’s 65% owned Santos Basin Brazil blocks S-M-1037, 1101, 1102, 1165 & 1166. ... |
| 7/7/2016 - A bill that would allow companies other than state-led Petrobras to run new oil and gas projects in Brazil's prolific subsalt region advanced when a committee of the lower house of Congress voted to r... |
| 7/4/2016 - Petrobras has warned its Indian partners in a huge offshore project to not expect oil from the site until 2022, according to sources, a fresh sign of how low oil prices and the state-owned company's c... |
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6/11/2016 - Ratings agency Fitch downgraded Brazil’s long-term foreign and local currency ratings to BB from BB+, with a negative outlook, reflecting the agency’s concerns about the ongoing economic contraction, ... |
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6/5/2016 - In Brazil, the reading of April’s consumer confidence index summarizes the negative sentiment triggered by the country’s economic and political hurdles. The index registered its lowest reading ever at... |
| 5/9/2016 - Petrobras has signed with the China Exim Bank a term sheet containing the main terms and conditions for a financing contract of US$1 billion and that the final agreement is already under negotiation. ... |
| 3/30/2016 - State-controlled Petroleo Brasileiro SA, the Brazilian oil producer at the center of a sweeping corruption probe, plans to save 1.8 billion reais ($500 million) a year through a reorganization plan th... |
| 3/21/2016 - Brazil's state-controlled oil company Petrobras posted its biggest-ever quarterly loss after booking a large writedown for oil fields and other assets as oil prices slumped and refinery projects falte... |
| 3/8/2016 - Petrobras informs that the amount of US$ 1 billion, associated with the financial leasing of P-52 platform, signed with ICBC Leasing (Industrial and Commercial Bank of China Leasing) was disbursed . ... |
| 2/26/2016 - Petrobras has signed a Term Sheet with the China Development Bank (CDB), for financing of US$10 billion. The document contains the main terms and conditions of the operation and was signed by the Pre... |
| 1/29/2016 - Brazil's state-controlled oil producer Petrobras slashed its oil and natural gas reserves 20 percent, hit by a plunge in energy prices, a heavy debt load, high costs and a corruption scandal. ... |
| 1/28/2016 - Petroleo Brasileiro SA will cut staff and restructure management to adapt to dwindling oil prices and prioritize high-yield projects, the state-controlled oil producer said in a statement. ... |
