NEW YORK Brazil's state-run oil giant Petróleo Brasileiro SA aims to raise output as much as 10 percent to around 2.3 million barrels per day (bpd) in 2019 and cut net debt by $10 billion (7.62 billion pounds), Chief Financial Officer Rafael Grisolia told Reuters.
SAO PAULO Brazil's poultry industry will cull 24 million chickens a day from Thursday if suppliers cannot get food to birds because of a truckers' strike, and the government will need to bail out the hardest-hit producers, the agriculture minister said on Wednesday.
SAO PAULO Brazilian President Michel Temer said on Tuesday there was no chance that a nationwide truckers' protest that has paralyzed Latin America's biggest economy will spark a military coup and topple his government.
RIO DE JANEIRO, Oct 27 Brazil will auction eight
blocks in its coveted deepwater oil region on Friday, a prospect
that has lured top executives from the world's biggest oil
companies to Rio de Janeiro for the bidding round.
RIO DE JANEIRO The world's top energy companies will compete fiercely for deepwater oilfields Brazil will auction on Friday and all eight pre-salt blocks are likely to be awarded, according to the head of state-run oil giant Petroleo Brasileiro SA.
RIO DE JANEIRO Royal Dutch Shell will participate in Brazil's deepwater oilfield auction on Friday and is confident it can pump oil from the fields on offer for less than $40 a barrel, a top Shell executive said.
NEW YORK Brazil's state-controlled oil company Petrobras will pay its first shareholder dividend in three years if the company turns a profit in 2017, Chief Executive Officer Pedro Parente said on Wednesday. | Video
NEW YORK OPEC producers have their sights set on a sustained oil price of $50-$60 per barrel, a modest ambition for the first cut in supply by the oil exporting group in eight years, says one of the industry's top forecasters.
NEW YORK, Sept 18 An explosion rocked the
Chelsea neighborhood of Manhattan on Saturday night, injuring at
least 29 people, authorities said, adding that they are
investigating the blast as a criminal act not immediately linked
to any terror organization.
BANGKOK Thailand's record tourist arrivals and public works spending are expected to offset weak domestic demand and global economic drag, keeping Southeast Asia's second-largest economy on course for 3.1 percent growth this year, the central bank governor told Reuters in an interview.