Brazilian politicians worried they could be swept up in the next round of a devastating three-year corruption probe may have to sit tight just a bit longer to find out. Chief prosecutor Rodrigo Janot may ask the Supreme Court as early as Monday to authorize new inquiries into lawmakers based on secret testimony from executives... Continue Reading →

Rio de Janeiro, March 9, 2017 – Petróleo Brasileiro S.A. – Petrobras, in addition to the material facts disclosed on 11/30/2016 and 02/10/2017, informs that it was suspended today by the President of the Federal Regional Court for the 5th Region, the injunction that determined the interruption of the sale of 90% of Petrobras stake... Continue Reading →

Exploration is not dead, quite the opposite, now is the time to invest, E&P players say | Offshore Energy Today http://www.offshoreenergytoday.com/wp-content/themes/navingo20/js/html5.js http://www.offshoreenergytoday.com/wp-content/themes/navingo20/js/respond.min.js Despite what you may have heard, conventional oil and gas exploration is not dead, and on the contrary, this might even be the perfect time for the exploration players to invest. This was... Continue Reading →

Brazil's annual inflation rate probably fell in February to its lowest level since 2010, easing below 5 percent to approach the government target, a Reuters poll showed on Wednesday. The survey's median forecast was for consumer prices to have risen 4.88 percent in the 12 months through February, slowing from a 5.35 percent increase in... Continue Reading →

Investigations into Brazil’s embattled construction giant Odebrecht SA are exposing a larger network of graft in Latin America than was already revealed in a massive anticorruption settlement, according to prosecutors in several countries. Since the firm admitted in December to paying nearly $800 million in bribes, authorities across Latin America have launched new investigations that... Continue Reading →

Brazil tapped overseas debt markets for the first time since July after its borrowing costs tumbled, joining a record wave of emerging-market bond sales this year. The country sold $1 billion more of its global bonds due in 2026 to yield 5 percent, the Treasury said in a statement. The notes were first issued a... Continue Reading →