Petrobras | Egypt Oil & Gas - Part 6

Petrobras Completes its 2015 Divestment Plan

Brazil's state-controlled oil corporation, Petróleo Brasileiro SA (Petrobras), has completed its divestment plan for 2015 by selling its 49% stake in the Gaspetro gas distribution unit worth $500m to the Japanese com ...

Brazilian Petrobras Confirmed Oil Discovery

The semi-public Brazilian multinational energy corporation has confirmed oil discovery in Pitu area, in deep waters of Brazil's Potiguar Basin following the drilling of an extension well.

Brazil to Help Iran with Deep-Water Caspian Exploration

Brazil has agreed to set up a Joint Oil Committee with Iran.

Brazil’s Oil Union Strikes over Asset Sales, Slashed Investments

Brazil's oil-workers' union began a strike on November 1, protesting asset sales and cuts in investment on the part of Petroleo Brasileiro SA, the nation's state-owned oil company, which is seeking to reduce its enor ...

Oil Majors, Petrobras Skip Brazil Bid Round

Major oil companies like Shell, BP, and Total failed to submit bids for new blocks in Brazil’s most recent auction yesterday,

Brazil’s Petrobras Braces for Strikes

The largest oil workers union in Brazil has announced that it will begin a strike against Petrobras on Sunday, Asia Shipping Media

Petrobras Board Member Criticises Brazil’s Oil Policy

Brazil's oil-exploration and local-content policies harm oil producer Petróleo Brasileiro SA and the nation as a whole, a government-appointed member of the state-run company's board said on Tuesday in a rare show of ...

2 Workers Die at Brazilian Oil Terminal Run by Petrobras

Two workers died at a construction project at a Brazilian oil terminal operated by state-run Petrobras on Tuesday, adding to a string of fatal and life-threatening accidents, a union representing oil workers said in ...

Brazil’s Petrobras on the Road to Recovery, but Challenges Remain

Petroleo Brasileiro SA’s new chief executive officer is close to overcoming his first major hurdle: getting auditors to approve financial results.

Petrobras Shuts Four Platforms in Brazil After Leak

Four Petrobras oil platforms off the north-east coast of Brazil have halted production after a leak of about 44 barrels of oil was detected coming from a pipeline linking the platforms.

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