Articles From: Brazil's Petrobras Pulls Plug on Refinery Joint-Venture with PdVSA to Brazil's Vale Declares Force Majeure on Some Export Contracts After Heavy Rains


2013/10/25
RIO DE JANEIRO--Brazilian state-run oil company Petroleo Brasileiro SA (PBR, PETR4.BR), or Petrobras, late Friday finally pulled the plug on a refinery joint venture with erstwhile Venezuelan partner Petroleos de Venezuela SA, or PdVSA.
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2014/1/8
SAO PAULO--Brazil's state-run oil firm Petroleo Brasileiro SA (PBR, PETR4.BR), or Petrobras, said Tuesday evening it raised the equivalent of EUR3.8 billion through the sale of bonds denominated in euros and pounds sterling.
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By Rogerio Jelmayer SAO PAULO--Petroleo Brasileiro SA raised $8.5 billion from the sale of overseas bonds on Monday as the oil company continues to borrow cash to meet its massive investment plan.
Sign-up for Brazil's Petrobras Raises $8.5 Billion Debt to Finance Investment Plan--Source investment picks
By Jeff Fick RIO DE JANEIRO--Brazilian state-run oil company Petroleo Brasileiro (PBR, PETR4.BR), or Petrobras, said early Sunday that a fire broke out at a refinery outside this beachfront city.
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SAO PAULO--Brazilian state-run energy giant Petroleo Brasileiro SA said it has found good-quality oil at a new well in a deep offshore region known as the pre-salt reserve.
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By Rogerio Jelmayer and Paul Kiernan S��O PAULO--Brazil's federal tax authority filed a series of new tax claims against state-run energy company Petr��leo Brasileiro SA, or Petrobras, between October and January, underscoring a recent surge in possible liabilities from the company's legal and tax disputes.
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2013/10/4
SAO PAULO--Brazilian state-run oil giant Petrobras (PBR, PETR4.BR) on Friday responded to a Moody's Investors Service credit rating downgrade by saying the company's ambitious investment plan will lead to increased output and cash flow.
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S��O PAULO--Brazilian oil company Petr��leo Brasileiro SA jumped into the global bond market Monday as it continues to borrow heavily to meet its enormous investment plan.
Sign-up for Brazil's Petrobras Seeks to Sell At Least $3 Billion Debt -- Source investment picks
By Rogerio Jelmayer and Matthew Cowley S��O PAULO--Brazilian oil company Petr��leo Brasileiro SA jumped into the global bond market Monday as it continues to borrow heavily to meet its enormous investment plan.
Sign-up for Brazil's Petrobras Seeks to Sell At Least $3 Billion Debt Monday -- Source investment picks
By Jeff Fick RIO DE JANEIRO--Brazilian state-run oil company Petroleo Brasileiro SA (PBR, PETR4.BR), or Petrobras, said Friday that it has shut down a refinery in southern Brazil to repair damage from a fire that damaged the plant last week.
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2014/2/25
By Matthew Cowley SAO PAULO--Brazil's government-run oil company, Petroleo Brasileiro SA (PBR, PETR4.BR), has largely maintained one of the largest corporate investment programs in the world, and renewed its emphasis on exploration and production.
Sign-up for Brazil's Petrobras to Invest $220.6 Billion Between 2014 and 2018 investment picks
2014/2/26
By Rogerio Jelmayer SAO PAULO--Brazilian state-run energy company Petroleo Brasileiro (PBR, PETR4.BR), or Petrobras, will reduce its investments this year by nearly 9%, according to Chief Executive Maria das Gra��as Foster.
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RIO DE JANEIRO--Brazilian state-run energy giant Petroleo Brasileiro SA will return part of a promising offshore oil and natural gas concession, according to local regulators.
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RIO DE JANEIRO--Brazilian state-run energy giant Petroleo Brasileiro (PBR, PETR4.BR), or Petrobras, said Tuesday that an offshore platform started crude-oil production at the Papa Terra field, one of nine new units coming onstream this year as the company attempts to boost flagging production.
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2014/1/24
By Jeff Fick RIO DE JANEIRO--The group of oil companies exploring Brazil's largest offshore discovery will spend between $400 million and $500 million on the field in 2014, consortium leader Petroleo Brasileiro SA, or Petrobras, said late Thursday.
Sign-up for Brazil's Petrobras, Partners to Invest Up To $500 Million at Libra in 2014 investment picks
By Rogerio Jelmayer SAO PAULO--Brazilian state-run energy giant Petroleo Brasileiro (PBR, PETR4.BR), or Petrobras, divestment assets totaled $10.7 billion in 2013, according to Chief Executive Maria das Gra��as Foster.
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By Jeff Fick RIO DE JANEIRO--Brazilian state-run oil company Petroleo Brasileiro SA (PBR, PETR4.BR), or Petrobras, said Friday that a fire had shut down part of a refinery in southern Brazil, but the incident won't affect local fuel supplies.
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RIO DE JANEIRO--Changes to domestic gasoline and diesel prices in Brazil won't be automatic under a new pricing mechanism, state-run oil company Petroleo Brasileiro SA (PBR, PETR4.BR), or Petrobras, said Wednesday.
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2013/10/28
RIO DE JANEIRO--Brazilian state-run oil company Petroleo Brasileiro (PBR, PETR4.BR), or Petrobras, will adjust local gasoline and diesel prices automatically under a new fuel-price mechanism currently under study, Chief Financial Officer Almir Barbassa said Monday.
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RIO DE JANEIRO--Brazilian oil and natural gas company QGEP Participacoes (QGEP3.BR) said Thursday that the firm was protected from the bankruptcy filing by OGX Petroleo e Gas Participacoes (OGXP3.BR), QGEP's partner in two offshore oil fields.
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By Paulo Trevisani and Matthew Cowley BRASILIA--Brazil's President Dilma Rousseff on Tuesday called off a state visit to the U.S. originally planned for late October, the latest fallout from the spying scandal triggered by former U.S. National Security Agency contractor Edward Snowden.
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By Jeff Fick RIO DE JANEIRO--Brazilian state-run oil company Petroleo Brasileiro SA (PBR, PETR4.BR), or Petrobras, will build a refinery in the country's northeastern state of Ceara, President Dilma Rousseff said Tuesday.
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By Rogerio Jelmayer SAO PAULO--Brazilian supplier of iron ore pellets Samarco Mineracao SA, a joint venture between Vale SA (VALE) and BHP Billiton PLC (BBL), is planning to raise $500 million via an overseas issue of 10-year bonds, according to a person involved in the transaction.
Sign-up for Brazil's Samarco Plans To Issue Overseas Bonds Worth $500 Million -Sources investment picks
2013/10/22
By Rogerio Jelmayer SAO PAULO--Brazilian supplier of iron-ore pellets Samarco Mineracao SA, a joint venture between Vale SA (VALE) and BHP Billiton PLC (BBL), raised $700 million from its second overseas bonds issue, a person involved in the transaction said.
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By Luciana Magalhaes SAO PAULO--Brazilian naval construction company OSX Brasil SA (OSXRY, OSXB3.BR), controlled by struggling entrepreneur Eike Batista, confirmed in a regulatory filing that state-run bank Caixa Economica Federal has agreed to roll over for 12 months a loan worth 461 million Brazilian reais ($202 million). The loan, which matured a few weeks ago, is guaranteed by Banco Santander Brasil SA (BSBR, SANB3.BR, SANB4.BR, SANB11.BR). The bank has also agreed to maintain its guarantee for the loan, the company said in the statement.
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Amdocs CES Multi-Play Smart Pack solution will shorten time to market for new offerings and support SIM TV's expansion into new lines of business ST.
Sign-up for Brazil's SIM TV Selects Amdocs to Expand into Next-Generation Digital Products and Services investment picks
2013/9/30
SAO PAULO--Brazil's Tam Linhas Aereas SA--which last year was taken over by Chile's Lan Airlines Group SA to form the region's leading airline by revenue, Latam Airlines Group (LFL, LAN.SN)--may go back to its roots as a regional carrier, and could buy Embraer SA (ERJ, EMBR3.BR) planes to operate the shorter routes, the newspaper O Estado de S.
Sign-up for Brazil's Tam Could Operate Regional Flights With Embraer Planes, Report Says investment picks
By Rogerio Jelmayer SAO PAULO--Brazilian fuel and petrochemicals company Ultrapar Participacoes SA (UGP) reached an agreement to acquire retail pharmacy Extrafarma in a deal worth one billion Brazilian reais ($450 million), marking the company's entrance into the pharmaceutical sector.
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By Paul Kiernan RIO DE JANEIRO--Brazilian mining company Vale SA (VALE, VALE3.BR) said Wednesday its net profit more than doubled in the third quarter thanks to strong production volumes, resilient prices and declining cash costs.
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2013/12/27
By Jeffrey T.
Sign-up for Brazil's Vale Declares Force Majeure on Some Export Contracts After Heavy Rains investment picks
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Articles From: Brazil's Petrobras Pulls Plug on Refinery Joint-Venture with PdVSA to Brazil's Vale Declares Force Majeure on Some Export Contracts After Heavy Rains
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