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    1. Brazil's Petrobras names new board members

      Headlines

      Wed, 29 Apr 2015

      RIO DE JANEIRO, April 29 (Reuters) - Shareholders of Petrobas, Brazil's state-run oil producer, elected new members to the board of directors on Wednesday, outgoing board member Silvio Sinedino told Reuters.

    2. Vallourec's 1Q Results Came in Below Our Expectations; Fair Value Estimate Lowered to EUR 28

      Commentary

      Wed, 29 Apr 2015

      based economic growth. On the bright side, major customer Petrobras restarted its ordering after a sizable OCTG inventory adjustment in the second half of 2014. Even so, Petrobras is likely to reduce its 2015 drilling activity relative to

    3. Brazil's Supreme Court frees executives in Petrobras probe

      Headlines

      Tue, 28 Apr 2015

      SAO PAULO, April 28 (Reuters) - Brazil's Supreme Court on Tuesday ordered the release from jail of nine engineering executives charged in the corruption investigation at state-run oil firm Petroleo Brasileiro SA.

    4. Petrobras , Vale underperform in quiet market

      Headlines

      Tue, 28 Apr 2015

      NEW YORK, April 28 (IFR) - Brazilian corporates including Petrobras and Vale extended losses on Tuesday, as investors sought to lock in profits after the recent rally in Latin American credits.

    5. Petrobras spending to be gauged based on cash flow, CEO says

      Headlines

      Tue, 28 Apr 2015

      BRASILIA, April 28 (Reuters) - State-controlled Petróleo Brasileiro SA will determine future capital spending plans depending on the oil producer's ability to generate cash and obtain fresh...

    6. Petrobras CEO Bendine says asset sales will not solve debt problem

      Headlines

      Tue, 28 Apr 2015

      RIO DE JANEIRO, April 28 (Reuters) - Asset sales by Brazil's state-run oil company Petrobras will not solve the company's high debt problem, Chief Executive Aldemir Bendine said on Tuesday....

    7. RPT - INSIGHT- Petrobras writedown may give new ammunition to class-action suit

      Headlines

      Tue, 28 Apr 2015

      WILMINGTON, Delaware, April 28 (Reuters) - Brazilian oil company Petrobras ' $17 billion write-down, announced last week, may have been meant to close the accounting on a sprawling corruption scandal,...

    8. Petrobras writedown may give new ammunition to class-action suit

      Headlines

      Tue, 28 Apr 2015

      WILMINGTON, Delaware (Reuters) - Brazilian oil company Petrobras ' $17 billion write-down, announced last week, may have been meant to close the accounting on a sprawling corruption scandal, but could instead provide fresh ammunition for a U.S. class action lawsuit.

    9. INSIGHT- Petrobras writedown may give new ammunition to class-action suit

      Headlines

      Tue, 28 Apr 2015

      WILMINGTON, Delaware, April 28 (Reuters) - Brazilian oil company Petrobras ' $17 billion write-down, announced last week, may have been meant to close the accounting on a sprawling corruption scandal,...

    10. CORRECTED- Petrobras says non-government board member Monforte resigns

      Headlines

      Mon, 27 Apr 2015

      RIO DE JANEIRO, April 24 (Reuters) - Jose Guimarães Monforte quit the board of directors of Petroleo Brasileiro SA on Friday, and a source on the board said two days earlier he had abstained from voting to approve the company's audited financial statements.

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