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

• Monday, 2nd November 2015
• by Egypt Oil & Gas

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

• Tuesday, 14th April 2015
• by Egypt Oil & Gas

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

• Thursday, 2nd February 2012
• by Egypt Oil & Gas

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.