Brazil | Egypt Oil & Gas - Part 8
Petrobras Makes Onshore Wild-Cat Discoveries in Brazil
Petrobras has announced two onshore discoveries, one in its Amazon Basin block and another in the onshore section of the Espirito Santos Basin
Brazil Reconsidering Role of Foreign Firms in Deepwater
There’s a growing chorus of lawmakers advocating a bigger role for foreign oil companies in Brazil’s prized deepwater discoveries as the national producer grapples with the industry’s biggest debt load and funding co ...
Post-Scandal Petrobras to Receive Chinese Help
Petroleo Brasileiro SA, the world’s most indebted oil producer, is bolstering ties to China as a corruption scandal has shut the company out of international bond markets.
Brazil to Allow Energy Developers to Seek Rate Hike
With Brazil’s development bank BNDES offering less financing for small hydroelectric power projects, the country’s energy regulator will let developers seek higher rates at an energy auction planned for next month.
After Effects of Petrobras Scandal Spreads to US and UK
Investors in Petroleo Brasileiro SA, the state-run oil company at the center of a kickback scandal in Brazil, expanded their lawsuit against the company by adding claims that auditor PricewaterhouseCoopers LLP turned ...
Petrobras Post-Scandal Leadership Reshuffle
Economist Guido Mantega resigned on 23 March from the Petrobras’ Board of Directors, leaving his position as chairman
Petrobras Consortium Awards Geo-Hazard Contract to DeepOcean
Axa Engenharia Submarina Ltda. (AXA), a subsidiary of DeepOcean Group Holding BV (DeepOcean), has been awarded a contract for the provision of geo-hazard surveys on the Libra Field from a Petrobras-led consortium
Petrobras Scandal Shakes Brazil to its Foundations
The heads of Brazil’s two houses of Congress, former ministers and an ex-president are among a list of 54 names who will be investigated in relation to corruption at Petrobras
