RIO DE JANEIRO Brazil's Petroleo Brasileiro SA is re-examining its treatment of whistleblower complaints after the indictment of six of the state-run oil firm's traders in December indicated that efforts to root out corruption had faltered, according to three people familiar with the matter.
RIO DE JANEIRO/BRASILIA Brazil's Petroleo Brasileiro SA canceled a diesel price hike on Friday as President Jair Bolsonaro called for "fair" prices out of concern for truckers, spooking investors wary of political interference at the state-run oil firm.
RIO DE JANEIRO Brazil's government and state-controlled oil company Petroleo Brasileiro SA have settled a long-running dispute about one of the world's most promising offshore oil areas, clearing the way for a blockbuster auction later this year.
SAO PAULO/RIO DE JANEIRO A consortium led by France's Engie SA submitted the highest offer for a major gas pipeline unit owned by Brazil's Petroleo Brasileiro SA, the state-run oil firm said on Friday, as the company's biggest divestment draws to a close.
SAO PAULO Brazil's state-controlled oil company Petroleo Brasileiro SA received three bids for gas pipeline network TAG, four sources with knowledge of the matter said on Tuesday.
RIO DE JANEIRO, March 25 Brazil's government
will announce "within days" a deal with state-run oil company
Petrobras to settle a multi-billion-dollar contract dispute and
clear the way to auction billions of barrels of oil off of the
Brazilian coast, a minister said on Monday.
RIO DE JANEIRO, March 25 Brazil's government and
oil company Petrobras have "practically agreed" on the value of
a multi-billion-dollar payment to the oil firm to settle the
"transfer-of-rights" dispute, a source with direct knowledge of
the matter told Reuters.
RIO DE JANEIRO/SAO PAULO Warburg Pincus-backed firm Trident Energy is in exclusive talks with Petroleo Brasileiro SA to acquire a pair of Brazilian oil clusters, two sources with knowledge of the matter said this week, as the state-run company known as Petrobras moves to revive the sale effort.
RIO DE JANEIRO Brazilian independent oil company PetroReconcavo has entered direct negotiations with state-run Petroleo Brasileiro SA to purchase a cluster of 34 oilfields in the nation's northeast, two oil industry sources told Reuters.