s margins. Without a dramatic rise in the oil or gas rig count, weak pricing conditions could persist.Brazil's Petrobras controls the largest deep-water exploration opportunities in the world, but has shifted its focus away from new deep
BRASILIA, April 16 (Reuters) - Despite a mushrooming scandal at state-run oil company Petrobras and bad news on the economic front, Brazil's President Dilma Rousseff is still the hands-down favorite to win the elections in October, according to a new poll on Wednesday.
Petrobras ( PBR +0.2% ) is experiencing serious problems ..... s finances come under greater stress, PBR ’s top creditors - which include mutual fund ..... investment consultant who worries that a PBR selloff could ignite a broader emerging market
(Recasts; adds quotes, context on Petrobras ; updates prices) By Asher Levine SAO PAULO, April 15 (Reuters) - Latin American stocks and currencies dropped on Tuesday, with investor concerns over...
Petrobras ( PBR -4.4% ) CEO Maria das Graças Foster defends its 2006 decision to buy a refinery in Pasadena, Tex., against allegations it
Rousseff lashes out at critics of Petrobras ( PBR -1.7% ), saying accusations ..... politically motivated. "Those who say Petrobras is losing value... they manipulate ..... Rousseff proclaims, but the reality is PBR 's production has stagnated, and
individual credits as well. Spreads for Petrobras , one of the largest and most important ..... increased balance sheet leverage for Petrobras . Nevertheless, we believe the Brazilian elections in October will bring Petrobras some relief to raise domestic gas
Petróleo Brasileiro SA, Brazil's state-controlled oil company know as Petrobras , agreed on Friday to sell its 10 percent stake in thermal power plant Usina Termelétrica Norte Fluminense to...
RIO DE JANEIRO (Reuters) - Brazil's Federal Police raided the headquarters of state-run oil company Petroleo Brasileiro SA in Rio de Janeiro on Friday as part of a money-laundering probe, two sources with direct knowledge of the operation told Reuters.
RIO DE JANEIRO (Reuters) - The purchase of a Texas oil refinery by Brazil's state-run oil company has become a campaign issue as opponents of President Dilma Rousseff use it to attack her reputation as a no-nonsense manager and weaken her lead ahead of the October election.