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Brazil names 46 suspects in money-laundering, drug probe

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.

Petrobras yields documents in money-laundering probe

Last Updated: Saturday, April 12, 2014, 15:06

Petrobras CEO Graca Foster supplied federal police with the documents Friday.

Brazil's Petrobras to raise $5 billion in bonds

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.

Brazil`s Petrobras to raise $5 bn in bonds

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.

ONGC Videsh completes acquisition of 12% stake in Brazil oil field

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.

ONGC, Shell buy rest of Brazil offshore block from Petrobras

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.

Bill Clinton wades into US-Brazil cyberspy row

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.

PetroChina to pay $2.6 bn for Peru oil and gas assets

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.

Brazil discovers large oil deposit

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.

ONGC may block Chinese bid to buy stake in Brazil oilfield

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.

Brazil oil firm output goes up

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

Brazil oil giant Petrobras discovers crude

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.