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  1. Brazil's Braskem to sign revised naphtha contract with Petrobras

    Headlines

    Fri, 27 Feb 2015

    RIO DE JANEIRO, Feb 27 (Reuters) - Brazil's Braskem SA , Latin America's largest petrochemical company, said on Friday it had agreed to a revised naphtha supply contract with shareholder Petrobras , staving off a threatened shutdown of its Brazilian plants.

  2. UPDATE 1- Petrobras' services chief Dutra takes leave of absence

    Headlines

    Fri, 27 Feb 2015

    RIO DE JANEIRO, Feb 27 (Reuters) - Brazil's embattled state-run oil company Petroleo Brasileiro SA said on Friday that the director of its corporate-services division will take a 90-day leave of absence for health reasons.

  3. Petrobras' powerful services chief Dutra takes leave of absence

    Headlines

    Fri, 27 Feb 2015

    RIO DE JANEIRO, Feb 27 (Reuters) - Brazil's embattled state-run oil company Petroleo Brasileiro SA, said on Friday that its director of the company's powerful corporate services division will take a 90-day leave of absence on health grounds.

  4. LatAm credits end week better bid as Petrobras recovers

    Headlines

    Fri, 27 Feb 2015

    NEW YORK, Feb 27 (IFR) - Latin American credits ended the week in better shape, with sovereign and corporate bonds enjoying a strong bid as accounts continued to see value in battered Brazilian names.

  5. UPDATE 1-Brazil's Petrobras names lawyer Navarro to board

    Headlines

    Fri, 27 Feb 2015

    RIO DE JANEIRO, Feb 27 (Reuters) - Brazilian state-run oil company Petroleo Brasileiro SA on Friday said Luiz Navarro, a lawyer who has specialized in anti-corruption legislation, was elected to its...

  6. Petrobras downgrade shakes market

    Headlines

    Fri, 27 Feb 2015

    NEW YORK, Feb 27 (IFR) - Moody's shocked bond investors this week with a surprise two-notch downgrade that put Brazilian oil company Petrobras in junk territory. The move was seen by some investors...

  7. LatAm enjoys another solid start as Cemex climbs

    Headlines

    Fri, 27 Feb 2015

    NEW YORK, Feb 27 (IFR) - LatAm credit markets enjoyed another strong start on Friday with the exception of the Brazilian sovereign, which continues to lag as investors fret about the fallout from the Petrobras corruption scandal.

  8. Petrobras denies hiring JPMorgan for subsalt license sales

    Headlines

    Fri, 27 Feb 2015

    SAO PAULO, Feb 27 (Reuters) - Petróleo Brasileiro SA denied on Friday that it has hired JPMorgan Chase & Co to handle the sale of oil exploration licenses in deep-sea areas off the coast this year.

  9. Norway's BW Offshore finds 7th victim of Petrobras blast

    Headlines

    Thu, 26 Feb 2015

    RIO DE JANEIRO, Feb 26 (Reuters) - Norway's BW Offshore said on Thursday it had found the body of a seventh victim of a Feb. 11 blast on a production vessel it operates for Brazil's state-run oil company Petroleo Brasileiro SA .

  10. LatAm credits weather Petrobras storm

    Headlines

    Wed, 25 Feb 2015

    NEW YORK, Feb 25 (IFR) - Latin American credits remain well insulated from a new wave of selling that hit the curve of Brazilian state-run oil company Petrobras , after the company's debt was...

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