Petrobas

  • Landmark Bill Looks to Ease Pressure on Brazil’s Petrobras

    Landmark Bill Looks to Ease Pressure on Brazil’s Petrobras

    Monday, 6th July 2015
    Brazil’s congress is likely to pass a landmark bill that could ease financial pressure on state-controlled oil company Petrobras by opening the country’s biggest offshore oil discoveries to greater foreign and private investment.
  • Brazil Debates Laws on Subsalt Oil Development

    Brazil Debates Laws on Subsalt Oil Development

    Thursday, 2nd July 2015
    Brazilian senators on Wednesday debated alternatives to a 2010 law that requires state-run oil firm Petrobras to take a minimum 30 percent stake in new development contracts and function as operator in Brazil's subsalt oil areas.
  • Petrobas Finds New Oil Reservoir Off Brazilian Coast

    Petrobas Finds New Oil Reservoir Off Brazilian Coast

    Thursday, 4th June 2015
    Petrobras and a partner firm, Oil and Natural Gas Corp (ONGC), have found a new oil reservoir in deepwater offshore the Brazilian state of Sergipe on the country’s northeastern Atlantic coast.