Petrobras takes steps to avert a technical default

http://www.ft.com/cms/s/0/e5deaa2a-e257-11e4-9995-00144feab7de.html#ixzz3XHeEAxFA April 14, 2015 5:21 am Petrobras takes steps to avert a technical default Joe Leahy in São Paulo Brazil’s embattled state-controlled oil company Petrobras said late on Monday that it expected to release its long-delayed audited financial results for 2014 as early as next Wednesday. The move would help Petrobras, which has been crippled by a political corruption... Continue Reading →

April 14, 2015 0

Impeach-Rousseff Protesters Plan 500-Mile March on Brasilia

Impeach-Rousseff Protesters Plan 500-Mile March on Brasilia By David Biller Yasmine Batista 10:09 PM BRT April 13, 2015 One of the biggest organizers of anti-government protests will head to Brazil’s capital to directly pressure Congress to impeach President Dilma Rousseff. Free Brazil Movement plans to march on Brasilia from the country’s biggest city to sustain... Continue Reading →

April 14, 2015 0

Petrobras Board to Review Delayed Financial Results April 22

Petrobras Board to Review Delayed Financial Results April 22 by Sabrina Valle/Bloomberg 10:01 PM BRT April 13, 2015 Petroleo Brasileiro SA plans to release long-delayed audited financial results after an April 22 board meeting, a move that would avert a potential acceleration of debt payments and reopen access to bond markets. The Rio de Janeiro-based oil... Continue Reading →

April 14, 2015 0

Petrobras – Material Fact – Release of Financial Statements

Petrobras - Material Fact - Release of Financial Statements Rio de Janeiro, April 13, 2015 – Petróleo Brasileiro S.A. – Petrobras announces that on April 22 its Board of Directors will meet to: (i) review its interim financial statements for the third quarter 2014, reviewed by the Company’s independent auditors; and (ii) approve the Company’s... Continue Reading →

April 14, 2015 0

Petrobras Surges to Four-Month High on Earnings Report Outlook

Petrobras Surges to Four-Month High on Earnings Report Outlook by Julia Leite/Bloomberg 2:00 PM BRT April 13, 2015 Petroleo Brasileiro SA jumped to the highest level since December, extending a three-day rally on speculation the oil producer will release long-delayed earnings and is making progress on asset sales designed to raise cash. Petrobras, as the company... Continue Reading →

April 13, 2015 0

UPDATE 1-Petrobras shares jump on report of plans to sell Braskem stake

Mon Apr 13, 2015 11:34am EDT UPDATE 1-Petrobras shares jump on report of plans to sell Braskem stake (Reuters) - Shares in Brazil's Petrobras rose 6 percent on Monday after local media reported that the state-run oil company plans to sell a stake in petrochemicals firm Braskem SA for around 2.8 billion reais ($903 million).... Continue Reading →

April 13, 2015 0

Oil Futures Rise on Expectations of U.S. Production Drop

Oil Futures Rise on Expectations of U.S. Production Drop Prices have plunged in recent months amid growing oversupply of oil in global market By NICOLE FRIEDMAN and GEORGI KANTCHEV/WSJ Updated April 13, 2015 10:42 a.m. ET Oil prices rose for a third straight session on Monday on continued expectations that U.S. crude-oil production is set to... Continue Reading →

April 13, 2015 0

Brazilian Currency Drops as China Weakness Damps Local Prospects

Brazilian Currency Drops as China Weakness Damps Local Prospects By Paula Sambo/Bloomberg 10:20 AM BRT April 13, 2015 Brazil’s real fell the most in two weeks as a decline in China’s imports damped prospects for the Latin American nation’s suppliers of raw materials. The real dropped for a third straight day, declining 0.8 percent to... Continue Reading →

April 13, 2015 0

JPMorgan Banker Sees ’08 Crisis Echoes in Brazil Capital Markets

JPMorgan Banker Sees ’08 Crisis Echoes in Brazil Capital Markets By Paula Sambo Denyse Godoy/Bloomberg 8:00 PM BRT April 12, 2015 JPMorgan Chase & Co.’s Ricardo Leoni says he’d have to hearken back to the tumult that gripped global markets seven years ago to recall a time when Brazilian companies were so loath to tap... Continue Reading →

April 13, 2015 0

Brazil Lawmakers Push for Easing of Deepwater Oil Restraints

Brazil Lawmakers Push for Easing of Deepwater Oil Restraints By Anna Edgerton/Bloomberg 12:00 AM BRT April 13, 2015 An oil rig works in oil exploration and production operations in the pre-salt oil fields located offshore. The deposits are buried miles beneath the Atlantic seabed under a layer of salt, and it can cost more than... Continue Reading →

April 13, 2015 0

Brazil Energy Insight

Petrobras takes steps to avert a technical default

Impeach-Rousseff Protesters Plan 500-Mile March on Brasilia

Petrobras Board to Review Delayed Financial Results April 22

Petrobras – Material Fact – Release of Financial Statements

Petrobras Surges to Four-Month High on Earnings Report Outlook

UPDATE 1-Petrobras shares jump on report of plans to sell Braskem stake

Oil Futures Rise on Expectations of U.S. Production Drop

Brazilian Currency Drops as China Weakness Damps Local Prospects

JPMorgan Banker Sees ’08 Crisis Echoes in Brazil Capital Markets

Brazil Lawmakers Push for Easing of Deepwater Oil Restraints

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