Thu Apr 9, 2015 1:12pm EDT Brazil's Rousseff says Petrobras has cleaned up corruption BRASILIA, APRIL 9 | BY ANTHONY BOADLE (Reuters) - State-run oil company Petrobras has purged corrupt managers and put a graft scandal behind it, while hitting record output levels from off-shore deposits, Brazil's President Dilma Rousseff said on Thursday. The indictment of former senior... Continue Reading →

Bradesco’s Clemente Says Brazil Economy Nearing Turning Point Release of delayed Petrobras earnings expected to clear up uncertainty By ROGERIO JELMAYER And JEFFREY T. LEWIS/WSJ April 8, 2015 11:59 a.m. ET SÃO PAULO—Brazil’s sluggish economy is nearing a turning point with the approaching release of the 2014 earnings results of Petroleo Brasileiro SA, or Petrobras, the head ofBradesco investment banking... Continue Reading →

Shell Buying BG to Ease Petrobras Stress in Key Brazil Arena By Rodrigo Orihuela Juan Pablo Spinetto 5:42 AM BRT April 8, 2015 (Bloomberg) Royal Dutch Shell Plc’s acquisition of BG Group Plc not only increases access to deep-water fields in Brazil, but provides greater heft in dealings with Petroleo Brasileiro SA, the local partner... Continue Reading →

Mon Apr 6, 2015 7:22pm EDT Petrobras to halt 5 drill rigs under contract with Schahin -filing SAO PAULO, APRIL 6 (Reuters) - Brazil's state-run oil company Petroleo Brasileiro SA said on Monday it would halt five drilling rigs under contract with Schahin. Petrobras, as the company is known, said it was informed by Schahin... Continue Reading →

Petrobras Suppliers Thrown China Lifeline in Credit Squeeze By Sabrina Valle 6:04 PM BRT April 6, 2015 A group of Petroleo Brasileiro SA suppliers is negotiating about $3.5 billion in loans from Chinese institutions as China expands support for Brazil’s oil industry, the Brazil-China Chamber of Commerce & Industry said. About half of the more... Continue Reading →

Petrobras Clarification on News: Financial Statements Rio de Janeiro, April 2, 2015 – Petróleo Brasileiro S.A. – Petrobras complies with OFFICIAL LETTER/CVM/SEP/GEA-1/No. 108/2015, which requests the following clarification: OFFICIAL LETTER /CVM/SEP/GEA-1/No. 108/2015 “In reference to news released on March 31, 2015 in the newspaper Folha Online entitled “List also prevents the release of Petrobras’s balance... Continue Reading →

Petrobras Clarification on News: Pasadena Rio de Janeiro, April 2, 2015 – Petróleo Brasileiro S.A. – Petrobras complies with OFFICIAL LETTER/CVM/SEP/GEA-1/No. 109/2015, which requests the following clarification: OFFICIAL LETTER/CVM/SEP/GEA-1/No. 109/2015 “In reference to news released on April 1, 2015 in the newspaper Valor Econômico entitled “Petrobras refused Pasadena for US$ 40 million” containing the following... Continue Reading →