Brazil’s Real Rises to One-Month High as Political Concern Eases By Paula Sambo 10:51 AM BRT April 9, 2015 (Bloomberg) Brazil’s real climbed to a one-month high as eased tension with Congress added to speculation that President Dilma Rousseff will succeed in paring deficits and preserving the nation’s investment-grade status. The real advanced 0.6 percent... Continue Reading →

Petrobras announced that it will publish the year end 2014 statements by the close of the day 17th of April, 2015. No details as how the corruption charges will be treated. More to come...

Brazil’s Congress Leaders Agree to Back Rousseff’s Economic Plan By David Biller Mario Sergio Lima 4:27 PM BRT April 8, 2015 (Bloomberg) Party leaders in Brazil’s ruling coalition signed an agreement to back the government’s plan to narrow the budget deficit after Vice President Michel Temer took over negotiations with lawmakers. The leaders will back... Continue Reading →

Exxon, BP in Deal Spotlight After Shell Buys BG Group by Tara Lachapelle Brooke Sutherland 3:02 PM BRT April 8, 2015 Bloomberg Now that Royal Dutch Shell Plc has made its move for BG Group Plc, Exxon Mobil Corp. and BP Plc could contemplate deals -- perhaps even with each other. Speculation of an Exxon-BP... Continue Reading →

Shell Targets Gains From Brazil to LNG With Takeover of BG Group By Dylan Griffiths 2:11 PM BRT April 8, 2015 (Bloomberg) Royal Dutch Shell Plc’s 47 billion-pound ($70 billion) acquisition of BG Group Plc, the oil and gas industry’s biggest deal in at least a decade, combines the two companies’ assets from Brazil to... Continue Reading →