Last Updated: Thursday, April 17, 2014, 15:15
Police in Brazil have named 46 people, including an ex-executive at oil giant Petrobras, as suspects in an alleged USD 4.5 billion money laundering and drug operation, officials have said.
Last Updated: Saturday, April 12, 2014, 15:06
Petrobras CEO Graca Foster supplied federal police with the documents Friday.
Last Updated: Wednesday, January 08, 2014, 23:07
Brazilian energy giant Petrobras has said it will sell USD 5 billion in bonds to help finance development of offshore oil fields over the coming five years.
Last Updated: Wednesday, January 08, 2014, 15:10
Brazilian energy giant Petrobras said Tuesday it will sell USD 5 billion in bonds to help finance development of offshore oil fields over the coming five years.
Last Updated: Tuesday, December 31, 2013, 14:44
ONGC Videsh Ltd, the overseas arm of state-owned Oil & Natural Gas Corp (ONGC), has completed acquisition of an additional 12 percent stake in a Brazilian oilfield for USD 561 million after blocking a Chinese entry.
Last Updated: Tuesday, December 31, 2013, 04:04
Royal Dutch Shell Plc and India`s Oil and Natural Gas Corp (ONGC) purchased the remaining 35 percent of a Brazilian offshore oil block from their partner, Brazil`s state-run Petroleo Brasileiro SA , Shell said in a statement on Monday.
Last Updated: Tuesday, December 10, 2013, 05:28
Former US president Bill Clinton, currently on a visit to Rio de Janeiro, said he opposes economic espionage on Washington`s allies such as Brazil.
Last Updated: Wednesday, November 13, 2013, 20:18
PetroChina will pay USD 2.6 billion to acquire oil and gas interests in Peru, the company said Wednesday, in China`s latest move to secure crucial energy supplies.
Last Updated: Saturday, September 28, 2013, 15:12
The reserve could yield nearly a billion barrels of crude, representing one of the world's largest finds of its kind in 2013, Xinhua cited the company as saying Friday.
Last Updated: Monday, August 19, 2013, 18:23
OVL holds 15 percent stake in the block BC-10, known as Parque das Conchas, where Brazilian state-controlled oil firm Petroleo Brasileiro SA or Petrobras is selling its 35 percent stake to Sinopec.
Last Updated: Monday, June 03, 2013, 14:07
Including natural gas production, Petrobras' domestic hydrocarbons output in April totaled 2.31 million barrels of oil
Last Updated: Thursday, May 09, 2013, 18:03
Oil giant Petrobras said it found "good quality" crude in an exploration well in Brazil's deepwater Santos basin.
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