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Petroleo Brasileiro Petrobras SA

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  • OSLO/ RIO DE JANEIRO, Feb 12- Five people were killed and four are missing following an explosion a day earlier in a Brazilian offshore oil and natural gas field run by Petroleo Brasileiro SA, said Norway's BW Offshore Ltd, which owns the production ship on which the accident occurred. The death toll rose from three on Wednesday, according to Petrobras, as the oil...

  • RIO DE JANEIRO, Feb 12- Brazil's oil regulator ANP said on Thursday that state-run oil company Petroleo Brasileiro SA is responsible for all events in its oilfields, including Wednesday's explosion on an offshore platform that killed five people.

  • RIO DE JANEIRO, Feb 11- At least three oil workers were killed and 10 were injured in an explosion on Wednesday at an offshore oil and natural gas platform in Brazil operated by state-run energy company Petroleo Brasileiro SA. The ensuing fire was quickly contained and the platform has been stabilized, Brazil's oil regulator ANP said in a statement.

  • RIO DE JANEIRO, Feb 11- At least three oil workers were killed and others were injured in an explosion on Wednesday at an offshore oil and natural gas platform in Brazil operated by state-run energy company Petroleo Brasileiro SA, union officials said. The workers were killed in an explosion aboard the Cidade de São Mateus, a floating oil production, storage and...

  • RIO DE JANEIRO, Feb 11- An accident at an offshore oil platform in an oilfield belonging to state-run oil company Petrobras has injured several people, local radio station CBN reported on Wednesday. The offshore floating oil production ship is called Cidade Sao Mateus and is located off the coast of Brazil near Vitoria, the capital of Espirito Santo state,...

  • RIO DE JANEIRO, Feb 10- The new chief executive officer of Brazil's Petrobras said on Tuesday that he has full autonomy to dictate its own fuel-pricing policy and protect cash, even as he questioned the size of losses stemming from a giant corruption scandal. In his first public statements since he was named CEO on Friday, Aldemir Bendine said no decision had been...

  • BRASILIA, Feb 10- For the first time since a corruption scandal erupted at Brazil's state-run oil company Petrobras last year, senior opposition politicians are publicly floating the possibility of impeaching President Dilma Rousseff. The scheme continued after she became Brazil's president in 2011.. However, a steady stream of arrests and new revelations...

  • RIO DE JANEIRO, Feb 9- Brazil's state-run oil company Petroleo Brasileiro SA announced on Monday that Deyvid Souza da Silva, a member of a pro-government union, was elected to represent its unionized employees on the board of directors. Silva defeated the current board member Silvio Sinedino, who last week voted against the board's appointment of the new chief...

  • RIO DE JANEIRO, Feb 9- By picking a banker instead of an oil executive to run Petrobras, Brazilian President Dilma Rousseff appears to have recognized that the state-run company's biggest priority is to clean up its books and acknowledge how many billions of dollars it lost to a corruption scheme in recent years. While some voice respect for Bendine, who was...

  • RIO DE JANEIRO, Feb 6- Petroleo Brasileiro SA'S new chief executive was appointed without properly consulting independent directors and does not have the support of the full board, two board members said on Friday. Mauro Cunha, who represents minority shareholders on the 10- member board, said he read news reports that former Banco do Brasil CEO Aldemir Bendine,...

  • BRASILIA, Feb 6- Brazil's President Dilma Rousseff tapped a confidant from a state-run bank to be the next chief of Petrobras, government sources said Friday, disappointing investors who were hoping for a more independent and market-friendly figure to help steer the oil company out of a severe corruption scandal. Shares of the company slumped nearly 7 percent...

  • SAO PAULO, Feb 6- State-run lender Banco do Brasil SA tapped Alexandre Abreu, current head of retail banking, as its new chief executive on Friday, a source with knowledge of the situation told Reuters. The source declined to be named because he is not authorized to speak with the press. Abreu takes over from Aldemir Bendine, who, according to sources on Friday, was...

  • SAO PAULO, Feb 5- Brazilian federal police said on Thursday they had started questioning João Vaccari Neto, the treasurer of the country's ruling Workers' Party, as a corruption probe focused on state-run oil company Petrobras widened to include political figures. Police and prosecutors have accused former executives of Petroleo Brasileiro SA of...

  • "We want to know about donations that he solicited, legal or illegal, from people who had contracts with Petrobras," prosecutor Carlos Fernando dos Santos Lima said at a press conference in Curitiba, where the probe is based. Police and prosecutors have found evidence that former Petrobras executives and firms that had contracts with the company funneled...

  • RIO DE JANEIRO, Feb 4- Investors betting that a long-awaited management change at Brazil's Petrobras will result in a swift rebound of the state-run oil company's fortunes are likely to be disappointed. Even with changes at the top, there is little sign that Petroleo Brasileiro SA, as the company is formally known, will quickly recover from Brazil's...

  • RIO DE JANEIRO, Feb 4- Investors betting that a long-awaited management change at Brazil's Petrobras will result in a swift rebound of the state-run oil company's fortunes are likely to be disappointed. Even with changes at the top, there is little sign that Petroleo Brasileiro SA, as the company is formally known, will quickly recover from Brazil's...

  • RIO DE JANEIRO, Feb 4- The chief executive and other senior management at Brazil's Petrobras resigned on Wednesday amid a festering corruption scandal, unleashing a scramble to find replacements capable of restoring investor confidence in the state-run oil company. Rousseff had already asked Finance Minister Joaquim Levy, a University of Chicago-trained...

  • Oil giant's CEO, other top execs resign amid scandal Wednesday, 4 Feb 2015 | 8:33 AM ET

    The chief executive officer of state-run oil company Petroleo Brasileiro, and five other senior executives resigned on Wednesday.

  • RIO DE JANEIRO, Feb 4- The chief executive and other senior management at Brazil's Petrobras resigned on Wednesday amid a festering corruption scandal, sending shares higher as the government scrambled to find replacements capable of restoring investor confidence in the state-run oil company. Petrobras shares rose more than 6 percent in early trading in...

  • RIO DE JANEIRO, Feb 4- Maria das Graças Foster, chief executive officer of state-run oil company Petroleo Brasileiro SA, and five other senior executives resigned on Wednesday, according to a filing with Brazil's securities regulator.