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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.

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  • 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.

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  • 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.

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  • 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.