A union representing workers at state-run oil company Petroleo Brasileiro SA in Brazil's most important production area said on Monday it remains on strike over back pay and the state-owned oil company's plans for assets sales. Sindipetro Norte Fluminense workers operate oil platforms and other services in the Campos Basin, the source of 64 percent... Continue Reading →
Petrobras – Export Credit Agencies Funding
11/16/2015 Rio de Janeiro, November 16th, 2015 – Petróleo Brasileiro S.A. – Petrobras informs that in line with its strategy of diversifying funding sources, is concluding negotiations the Export Credit Agency (ECA) from Italy – SACE, from the United Kingdom - UK Export Finance (UKEF), from Japan - Nippon Export and Investment Insurance (NEXI) and... Continue Reading →
Petrobras Probe Turns to Bribes in U.S. Refinery Purchase
Brazil’s biggest corruption scandal has engulfed a Texas refinery where Petroleo Brasileiro SA officials allegedly took bribes to push through an acquisition. A team of police and prosecutors have found evidence that a Belgium trading company paid $15 million in bribes to secure the sale of the refinery in Pasadena, Texas, to Petrobras, police and prosecutors... Continue Reading →
Sindipetro NF to maintain walkout at Petrobras
Sindipetro NF has decided against the direction of workers union FUP to end the strike at Petrobras. Sindipetro NF represents the workers at the Campos Basin responsible for 65% of Petrobras oil and gas production. Four other regional workers unions , part of FUP, have also decided to maintain the walkout. It looks like Petrobras... Continue Reading →
Brazil prosecutor says Petrobras’ Pasadena refinery purchase could be annulled
Mon Nov 16, 2015 Brazil prosecutor says Petrobras' Pasadena refinery purchase could be annulled Reuters Nov 16 A Brazilian prosecutor said on Monday that new information turned up in the Petrobras corruption scandal that could lead to the annulment of the state-owned oil company's purchase of Pasadena Refining Systems Inc in Texas in 2006. Brazil's... Continue Reading →
Petrobras Workers Agree to End Strike After Talks With CEO
Petroleo Brasileiro SA reached an agreement to end a two-week national strike that reduced output in 50 platforms to protest spending cuts and asset sales that threaten jobs, a workers group said. FUP, an umbrella group for Brazilian oil-worker unions, reached an accord with the state-controlled producer after meetings with Chief Executive Officer Aldemir Bendine,... Continue Reading →
UPDATE 1-Brazil union recommends strikers accept Petrobras contract
Leaders of Brazil's largest oil workers' union said on Friday they had proposed ending a 13-day strike, the most disruptive in 20 years, at state-run oil firm Petroleo Brasileiro SA, or Petrobras. The union, known as FUP, said on its website that it had made progress on its main goal of reversing investment cuts and... Continue Reading →
Petrobras Webcast Presentation 3Q, 2015
Friday 13, 2015 English presentation of the Petrobras Webcast 3Q, 2015 Webcast-3T15-Ingles
Petrobras – Appointment of New Head Ombudsma
11/13/2015 Rio de Janeiro, November 13, 2015 – Petróleo Brasileiro S.A. – Petrobras hereby announces that, its Board of Directors approved the appointment of Mário Vinícius Claussen Spinelli as the Company’s new Ombudsman General. As disclosed on May 15, 2015, the Company approved the restructuring of the Ombudsman General’s Office, including the appointment of a... Continue Reading →
UPDATE 2-Brazil oil strikers say Petrobras offer lacking, seek meeting
Nov 13 Leaders of Brazil's main oilworkers' union said on Thursday that a contract offer from Petrobras falls short of their demands and sought a meeting with the company's chief executive officer to discuss their requests. Meanwhile the 12-day strike will go on, said FUP, as Brazil's largest oilworkers union federation is known, in a... Continue Reading →
