Brazil's Petrobras plans to 'revitalise' company with US$102 billion investment
BRAZIL’S state-run oil company Petrobras laid out its 2024-2028 strategic plan on Friday (Nov 24), seeking to “revitalise” the firm and start...
Petrobras expects to fall short of government gas-price target
PETROLEO Brasileiro officials expect to fall short of the government’s goals to slash natural-gas prices by 40 per cent because of the...
Petrobras switches from asset seller to buyer as debt slumps
BUOYED by the response to its first bond issue in two years, Petroleo Brasileiro (Petrobras) is considering issuing more debt this year...
Stern warnings to Keppel O&M ex-staff signal they are not completely off the hook: Parliament
THE stern warnings issued by Singapore authorities to six former senior management staff of Keppel Offshore & Marine (Keppel O&M) for bribery...
Petrobras investors tank shares as Lula makes populist strategy shift
BRAZILIAN President Luiz Inacio Lula da Silva has pledged to steer the state-controlled oil giant Petroleo Brasileiro (Petrobras) in a more populist...
Shareholders in Brazil's Petrobras approve long-awaited board swap
Shareholders in Brazil’s Petrobras have elected 6 government-affiliated nominees and two nominees affiliated with the market to serve on the company’s board...
Petrobras shares fall after Bolsonaro fires its boss
THE price of shares in Brazil’s state oil giant Petrobras fell on Tuesday in reaction to President Jair Bolsonaro firing its boss...
Rising petrol prices fuel uncertainty at oil giant Petrobras
[BRASILIA] Brazil's state-run oil company Petrobras is once again in crisis: caught in a political tug of war over rising fuel costs.