Brazil's Rousseff vows clean-up of scandal-tainted Petrobras

Brazilian President Dilma Rousseff, dogged by a multibillion-dollar corruption scandal at state-run oil company Petrobras, vowed on Thursday to stamp out graft at the flagship firm and place it under strict corporate governance.

Read Full Article

Petrobras scandal may change Brazil forever, Rousseff says

A widening corruption scandal at state-run oil company Petroleo Brasileiro SA may change the country forever, Brazilian President Dilma Rousseff said on Sunday in her first public remarks since a sweeping police operation last week.

Read Full Article

Chanos takes profit on his top 2014 short sale - Brazil

Hedge fund manager Jim Chanos, the prominent short-seller, said Tuesday he has lightened up on some of his bets against Brazil, saying most of the country's downside risk is priced in after the sharp selloff over the past two months.

Read Full Article

Tanzania talks with Total, BP on hydrocarbon exploration

Tanzania has held talks with France's Total (TOTF.PA) and Britain's BP (BP.L) over oil and gas exploration, its energy ministry said on Saturday, aiming to add to major companies active in its thriving energy sector.

Read Full Article

Wall St. rallies; S&P 500 posts best day since August

The S&P 500 posted its best day since August on Friday following a stronger-than-expected September U.S. jobs report that bolstered the outlook for the U.S. economy.

Read Full Article

Wall Street ends lower as Apple falls, bond yields rise

U.S. stocks fell on Tuesday as Apple (AAPL.O) shares declined and as bond yields hit their highest in a month on concerns the Federal Reserve could raise interest rates sooner than some investors had expected.

Read Full Article

Petrobras lands Libra license to operate

With its consortium, Petrobras leads to extract the oil from the Libra pre-salt mine.

Read Full Article

Brazil seek ways to assist Petrobras for Libra oil exploration

In a bid to comply with the 2010 Brazilian oil law, the government has sought ways to provide assistance for Petrobras to comply with requirements.

Read Full Article

ONGC to raise stake in Brazilian oil field- sources

Sources said the Oil & Natural Gas Corp (ONGC) would be buying a 12% stake in the Brazilian oil field owned by Petroleo Brasileiro (Petrobras).

Read Full Article

Petrobras divests Colombia assets to raise funds

Petrobras, in a campaign to raise funds for its pre-salt mine exploration, had sold some of its stakes and pipelines in Colombia.

Read Full Article

Pertrobras sells oil assets for USD2 billion

Pertrobras sold oil assets to raise USD2 billion to finance five-year plan.

Read Full Article

Grupo BTG Buys Petrobras African Interests

Grupo BTG purchases Petrobras oil interests in Africa.

Read Full Article
1 2

Subscribe to VCpost newsletter

Sign up for our Deals of the Day newsletter.
We will not spam you!

Real Time Analytics