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Alexandra Alper

Brazil court upholds partial shutdown at Hydro Alunorte alumina refinery

Nov 07 2018

RIO DE JANEIRO A federal court in Brazil once again upheld a decision by a state court forcing aluminum-maker Norsk Hydro to run its Alunorte alumina refinery, the world's largest, at half capacity, state prosecutors said on Wednesday.

UPDATE 2-Petrobras earnings miss forecasts on spending surge, shares fall

Nov 06 2018

RIO DE JANEIRO, Nov 6 Brazil's Petroleo Brasileiro SA on Tuesday reported a surge in third-quarter net profit that still lagged forecasts as oil prices rose but spending at the state-owned company jumped.

UPDATE 1-China demand for Vale's top iron ore to keep 2019 price above $90/tonne-CFO

Nov 02 2018

RIO DE JANEIRO, Nov 2 Chinese demand for top-quality iron ore from Brazilian miner Vale should stay strong despite trade tensions with the United States, helping the world's top iron ore producer keep its prices for its highest quality ore above $90 per tonne in 2019, an executive said.

RPT-China demand for Vale ore to keep price above $90/tonne in 2019 -CFO

Nov 02 2018

RIO DE JANEIRO, Nov 2 Chinese demand for top-quality iron ore from Brazilian miner Vale should stay strong despite trade tensions with the United States, helping the world's top iron ore producer keep its prices above $90 per tonne in 2019, an executive said.

China demand for Vale ore to keep price above $90/tonne in 2019 -CFO

Nov 02 2018

RIO DE JANEIRO, Nov 2 Chinese demand for top-quality iron ore from Brazilian miner Vale should stay strong despite trade tensions with the United States, helping the world's top iron ore producer keep its prices above $90 per tonne in 2019, an executive said.

Petrobras stops Chevron plan to drill in Brazil offshore block: sources

Oct 30 2018

RIO DE JANEIRO A decision by Petrobras not to invest in drilling new wells has derailed Chevron Corp's plan to resume exploration in a Brazilian offshore field, people familiar with the matter said.

Brazil's Bolsonaro approached Castello Branco about being Petrobras CEO: sources

Oct 30 2018

RIO DE JANEIRO/SAO PAULO Brazilian President-elect Jair Bolsonaro's team approached Roberto Castello Branco, a former board member at state-controlled Petroleo Brasileiro SA (Petrobras), about the possibility of his becoming its new chief executive, two people with knowledge of the matter said on Tuesday.

Exclusive: Petrobras could divest another $20 billion in assets through 2019 - source

Oct 30 2018

RIO DE JANEIRO Brazil's Petroleo Brasileiro SA could sell an additional $20 billion in assets through next year, a person with knowledge of the matter told Reuters on Tuesday, indicating that the state-run oil company expects to maintain its robust pace of divestments despite recent setbacks.

UPDATE 1-Anglo sees Minas Rio ramp-up target reached around 2021

Oct 16 2018

RIO DE JANEIRO, Oct 16 Anglo American Plc should restart operations at its Brazilian Minas Rio iron ore mine in November or December and a planned ramp-up to 26.5 million tonnes per year is likely to be reached in 2021, the miner's Brazil chief said on Tuesday.

Brazil presidential frontrunner's advisers clash over Petrobras

Oct 12 2018

RIO DE JANEIRO/SAO PAULO Nationalistic and free market advisers to Brazil's right-wing presidential frontrunner are deeply split about the future of state-run oil company Petroleo Brasileiro, foreshadowing a showdown over divestments and fuel subsidies.

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