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Former Petrobras Exec Snared by 20 Mln Euro Transfer By Anna Edgerton Sabrina Valle 4:24 PM BRT March 16, 2015 (Bloomberg) -- A former director at Petroleo Brasileiro SA, the state-run oil company at the center of Brazil’s largest corruption scandal, was arrested on Monday for a second time after he allegedly attempted to transfer... Continue Reading →
Protests in Brazil The march of the ides of March The president’s inadequate response to massive demonstrations against her Mar 16th 2015 | SÃO PAULO The Economist DILMA ROUSSEFF, Brazil’s president, was expecting the anti-government protests scheduled for March 15th to be big. She convened a meeting of a crisis group at her official residence to monitor... Continue Reading →
Petrobras / Start-up of platform P-61 in Papa Terra field Rio de Janeiro, March 16, 2015 – Petróleo Brasileiro S.A. – Petrobras announces the start-up of platform P-61 in Papa Terra field, in the southern tip of Campos Basin, 110km off the coast of Brazil and at a water depth (distance between water surface and... Continue Reading →
Brent down 3 percent, U.S. crude at six-year low on growing stocks, Iran talks BY BARANI KRISHNAN - Reuters NEW YORK Mon Mar 16, 2015 6:07pm GMT A customer fills his Aston Martin DB9 car at a petrol station, in south London, March 2, 2011. CREDIT: REUTERS/ANDREW WINNING (Reuters) - Brent oil fell about 3 percent... Continue Reading →
Brazil’s protesters: it’s worse than they think Jonathan Wheatley FT / Beyondbrics | Mar 16 12:56 | It was a cathartic weekend for Brazilians, as more than a million people took to the streets to show their discontent with the government in scenes not seen since the mass demonstrations that preceded the impeachment of President Fernando Collor de... Continue Reading →
http://www.ft.com/cms/s/0/c7c4955c-cbbb-11e4-beca-00144feab7de.html#ixzz3UYH0COUT March 16, 2015 11:00 am Brazil’s poor turn their backs on Rousseff Samantha Pearson in São Paulo Among the estimated 1m Brazilians who took to the streets of São Paulo on Sunday to call for Dilma Rousseff’s impeachment over the Petrobras corruption scandal, it is people like Maria Pereira who will cause the president most concern.... Continue Reading →
How to rescue Petrobras Nick Butler | Mar 15 11:54 | FT BlogShare The corruption investigation initiated by the Brazilian prosecutor, Rodrigo Janot, into 54 individuals including leading politicians is just beginning. The allegations behind the inquiry concern the diversion of huge amounts of money from Petrobras, the state oil company. No one know how much money is involved,... Continue Reading →
http://www.ft.com/cms/s/0/fff8df34-cb1e-11e4-bac3-00144feab7de.html#ixzz3UYD2g6Fe Last updated: March 16, 2015 1:52 am One million join anti-Rousseff protests in Brazil Samantha Pearson and Aline Rocha in São Paulo Protesters on the march at Copacabana beach in Rio de Janeiro on Sunday. There were demonstrations all over Brazil More than a million protesters took to the streets of Brazil on Sunday to... Continue Reading →
Weighing up partners for Mexico oil tenders Jude Webber /FT | Mar 13 03:03 | International oil companies are “polygamous” by nature, says Iván Sandrea, chief executive of Sierra Oil & Gas, the first Mexican exploration company to be formed since the country’s sweeping reform of the sector to open it to private investment. So one thing the former Statoil... Continue Reading →
THE SATURDAY ESSAY Fossil Fuels Will Save the World (Really) There are problems with oil, gas and coal, but their benefits for people—and the planet—are beyond dispute Workers tend to a well head during a hydraulic fracturing operation outside Rifle, Colo., on March 29, 2013. Increased production has driven down oil prices. PHOTO: ASSOCIATED PRESS By MATT... Continue Reading →
Brazil Energy Insight 