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Petroleo Brasileiro Petrobras SA

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  • SAO PAULO, April 17- Eduardo Campos, the centrist former state governor running third in Brazil's presidential race, plans to lower the tax burden and set a formula to automatically raise fuel prices at state-run oil company Petrobras if he wins the October election.

  • BRASILIA, April 16- Despite a mushrooming scandal at state-run oil company Petrobras and bad news on the economic front, Brazil's President Dilma Rousseff is still the hands-down favorite to win the elections in October, according to a new poll on Wednesday.

  • SAO PAULO, April 16- With Brazil's economy struggling, a scandal at its state-run oil company and nearly three-quarters of voters saying they want change from their government, President Dilma Rousseff looks vulnerable in her bid for re-election this October.

  • RIO DE JANEIRO, April 11- The purchase of a Texas oil refinery by Brazil's state-run oil company has become a campaign issue as opponents of President Dilma Rousseff use it to attack her reputation as a no-nonsense manager and weaken her lead ahead of the October election.

  • SAO PAULO, April 8- Petroleo Brasileiro SA borrowed 4 billion reais in a 17- year loan from Banco Bradesco SA to help pay for work on the Abreu e Lima refinery in northeastern Brazil, a source with direct knowledge of the deal said on Tuesday.

  • SAO PAULO, April 7- Petroleo Brasileiro SA on Monday denied shelving plans to sell debt in local and international markets later this year because of a series of scandals regarding the Brazilian state-controlled oil producer.

  • SAO PAULO, April 7- Brazilian state-controlled oil company Petroleo Brasileiro SA, which has been hit by a series of scandals, shelved plans to sell debt in local and international debt markets later this year, a source with direct knowledge of the situation said on Monday.

  • *Sets back work in Brazil's No. 2 oilfield by about a month. RIO DE JANEIRO, April 3- Brazilian state-run oil company Petroleo Brasileiro SA suffered another setback in its effort to boost oil output last month when Italian contractor Saipem SpA dropped a 2.3 km steel pipe into the Atlantic Ocean.

  • RIO DE JANEIRO, April 3- Brazilian state-run oil company Petroleo Brasileiro SA suffered another setback in its effort to boost oil output last month when Italian contractor Saipem SpA dropped a 2.3 km steel pipe into the Atlantic Ocean.

  • RIO DE JANEIRO, March 27- Popular support for Brazilian President Dilma Rousseff has faltered ahead of the Oct. 5 presidential election, a poll showed Thursday, but the leftist leader remains favored to win a second term.

  • BRASILIA, March 27- Brazil's Congress will likely move forward with a special investigation of state-run oil company Petroleo Brasileiro SA, the Senate's leader said on Thursday in a move that could impair President Dilma Rousseff's chances for re-election.

  • RIO DE JANEIRO, March 27- Popular support for Brazilian President Dilma Rousseff has faltered ahead of the Oct. 5 presidential election, a poll showed Thursday, but the leftist leader remains favored to win a second term.

  • S&P cuts Petrobras, Eletrobas credit ratings to BBB- Monday, 24 Mar 2014 | 10:23 PM ET

    BRASILIA, March 24- Standard& Poor's cut the ratings of Brazilian state-run oil company Petroleo Brasileiro SA and Brazils largest utility Eletrobras to BBB- from BBB on Monday in line with its earlier decision to downgrade the country's sovereign debt.

  • SAO PAULO, March 21- Brazil's state-run oil firm Petroleo Brasileiro SA said the board of its distribution subsidiary had approved the dismissal of its Chief Financial Officer Nestor Cervero on Friday, according to a securities filing.

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  • Brazil to drop local data storage rule in Internet bill Tuesday, 18 Mar 2014 | 10:21 PM ET

    BRASILIA, March 18- Brazil will drop a controversial provision that would have forced global Internet companies to store data on Brazilian users inside the country to shield them from U.S. spying, a government minister said on Tuesday.

  • ANGRA DOS REIS, BRAZIL, March 13- Permission for Chevron Corp to resume drilling and water injection at its Frade offshore field in Brazil is being held up by the company's failure to deliver a full report on the causes of a 2012 oil seepage, the head of Brazil's oil regulator said on Thursday.

  • US oil skids under $100, battered by Libya woes Monday, 30 Dec 2013 | 2:44 PM ET
    A worker from the Libyan Oil and Gas national company checks oil loading taps and meters at the Hariqa oil port storage in Tobruk, Libya.

    Crude oil futures tumbled, on signals that output from Libya may be starting to recover and concerns over debt in China.

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