Petroleo Brasileiro

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

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

    Monday, 2nd November 2015
    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 enormous debt load, according to Bloomberg.
  • Brazil Reconsidering Role of Foreign Firms in Deepwater

    Brazil Reconsidering Role of Foreign Firms in Deepwater

    Tuesday, 14th April 2015
    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 constraints.
  • Petrobras Launches $7B Bond Deal

    Petrobras Launches $7B Bond Deal

    Thursday, 2nd February 2012
    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.