Category: Petrobras

Petrobras scandal looms large in Shell’s plan to buy BG Group

http://www.ft.com/cms/s/0/32ab70fe-e2c1-11e4-bf4b-00144feab7de.html#ixzz3a6gH1A1D May 14, 2015 11:08 am Petrobras scandal looms large in Shell’s plan to buy BG Group Joe Leahy in São Paulo, Jamie Smyth in Sydney, Christopher Adams in London/FT ©Getty As Royal Dutch Shell seeks to finalise its £55bn takeover of smaller UK-based rival BG Group, it will be closely watching the situation at Petrobras, Brazil’s state-controlled oil company that... Continue Reading →

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Petrobras/Record pre salt production

Petrobras announced that on April 11, 2015 the pre salt production hit a new milestone of 800 thousand bpd, eight years after the discovery of the pre salt fields. Petrobras is responsible for 74% ( 590 thousand bpd) of the production while other operators are responsible for the rest. More to come...

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Petrobras fallout and poor growth add to pressure on Rousseff/FT Special Report

http://www.ft.com/cms/s/0/2e41877e-d3df-11e4-99bd-00144feab7de.html#ixzz3ZujXC79n May 12, 2015 12:16 am Petrobras fallout and poor growth add to pressure on Rousseff/FT Special Report Joe Leahy/FT ©Nelson Almeida/AFP On the march: demonstrators against President Dilma Rousseff Late last year, São Paulo’s Museu da Casa Brasileira, a design museum, staged an exhibition, “Excelência Italiana” (Italian excellence). On the way in, guests could... Continue Reading →

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Witness Repeats Allegations Against Politicians in Petrobras Inquiry

Witness Repeats Allegations Against Politicians in Petrobras Inquiry Rousseff, Lula da Silva named in connection with alleged corruption at Petrobras Alberto Youssef, a witness in Brazil’s investigation into alleged corruption at state-owned oil company Petrobras, is escorted by federal policemen before a hearing at the federal court in Curitiba in February. PHOTO: REUTERS By LUCIANA MAGALHAES And WILL... Continue Reading →

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