Petroleo Brasileiro | Egypt Oil & Gas

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 ...

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 ...

Petrobras Launches $7B Bond Deal

Brazilian state-run Petroleo Brasileiro, or Petrobras, completed its four-tranche $7 billion bond deal in the U.S. credit markets Wednesday, according to a person familiar with the deal.

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