Petroleo Brasileiro SA Petrobras (PETR4.SA)
18 Sep 2018
R$ 0.85 (+4.38%)
|Market Cap(Mil.):||R$ 209,729.00|
RIO DE JANEIRO, Sept 18 Brazil could face a diesel shortage at the end of 2018 as a result of the government's mispriced subsidy program which has discouraged suppliers, and the state-controlled oil company Petroleo Brasileiro SA may be forced to sell diesel at a loss, broker INTL FCStone said on Tuesday.
RIO DE JANEIRO, Sept 18 Brazil could face a diesel shortage at the end of this year or state-controlled oil company Petroleo Brasileiro may be forced to eat losses on fuel sales thanks to a faulty diesel subsidy program, analyst and broker INTL FCStone said on Tuesday.
SAO PAULO, Sept 17 Brazil's benchmark Bovespa equities index rose more than 1 percent in morning trade on Monday as the expiry of options contracts and moves among some heavily weighed stocks offset concerns about the outcome of October's presidential election. Monthly options contracts on the Bovespa expire on Monday, which brought significant volatility to the market, particularly in morning trade, traders said. Given the technical nature of the gains, the traders said the
SAO PAULO, Sept 14 Brazil's largest independent investment bank Banco BTG Pactual SA may keep its stake in Petrobras Oil and Gas BV (Petrobras Africa) to avoid having to book a loss in a potential sale, one source with knowledge of the matter said on Friday.
SAO PAULO, Sept 13 Brazil leftist presidential candidate Fernando Haddad said on Thursday that state oil firm Petroleo Brasileiro SA should be allowed to set prices above cost, breaking from former party policy.
SAO PAULO, Sept 12 Argentine investors in Brazilian state-run oil company Petroleo Brasileiro SA have initiated an arbitration proceeding against the firm for losses related to Brazil's sprawling Lava Jato corruption probe, the firm said.
RIO DE JANEIRO, Sept 6 Brazil's state-run oil company Petroleo Brasileiro SA on Thursday unveiled a hedging program for gasoline prices in a bid to boost pricing flexibility and protect its financial results during times of high volatility.
RIO DE JANEIRO, Sept 6 Brazil's state-run oil company Petroleo Brasileiro SA on Thursday unveiled a hedging program for gasoline prices in a bid to boost pricing flexibility and protect its financial result in times of high volatility.
RIO, Sept 5 SBM Offshore has reached a settlement to pay additional leniency fines of 200 million reais ($48.27 million) to Brazil's state oil company Petroleo Brasileiro SA, Brazilian prosecutors said on Wednesday.
SAO PAULO, Sept 5 Brazil's transportation regulator on Wednesday raised minimum truck freight rates by 5 percent on average, as the government walks a tight line between the demands of the agriculture and trucking industries following a truckers' strike in May.
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