Petroleo Brasileiro SA Petrobras (PBRa.N)
SAO PAULO A Brazilian federal court issued an injunction to block the sale of the fuels distribution unit of state oil company Petroleo Brasileiro SA (Petrobras) after a request by workers, according to the court's press office.
BRASILIA Engineering conglomerate Odebrecht took out full-page advertisements in Brazil's main newspapers on Friday to apologize to Brazilians for its involvement in the country's biggest ever corruption scandal.
SAO PAULO Shares in Braskem SA soared 10 percent in their biggest intraday gain in more than two months on Friday after Latin America's largest petrochemical firm said it is in advanced talks with authorities in Brazil and the United States for a leniency agreement related to a massive corruption scandal.
SAO PAULO Pedro Parente, the chief executive of Brazil's state-run oil company Petroleo Brasileiro SA, said on Friday that the recent OPEC deal to limit production could be offset by increases in U.S. shale oil output.
BRASILIA Engineering firm Odebrecht SA signed a roughly 6.7 billion real ($1.94 billion) leniency deal on Thursday with prosecutors in Brazil's biggest graft case while nearly 80 employees of the company signed plea bargains, sources said.
SAO PAULO, Nov 29 The enactment of a law to free Petróleo Brasileiro SA from being the sole operator of offshore fields in Brazil's so-called Subsalt Polygon will help the state-controlled oil producer optimize capital spending plans and accelerate production, Chief Executive Officer Pedro Parente said on Tuesday.
NEW YORK, Nov 29 Governments and companies in Latin America could halve their global bond sales next year, bankers say, reflecting both the impact of Donald Trump's U.S. presidential victory on investor confidence in emergng markets and the success of previous refinancing efforts.
SAO PAULO, Nov 28 Brazil's state-controlled Petróleo Brasileiro SA has used half the proceeds from the sale of a Brazilian offshore oil field to repay a loan taken from state development bank BNDES, the latest step toward reducing the largest debt burden of any global oil firm.
SAO PAULO, Nov 28 The chief executive of Brazil's state-run oil company Petrobras said on Monday that the growing deficit in the country's gasoline refining capacity is an opportunity for local ethanol mills.
SAO PAULO, Nov 23 Brazil's state-run oil company Petroleo Brasileiro SA said on Wednesday that it reached deals to settle 11 suits that are part of a class action suit against the company in the New York Federal Court of the United States. (Reporting by Reese Ewing; Editing by Chris Reese)
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