RIO DE JANEIRO Some 10,000 employees of Brazil's Petrobras, or 22% of its workforce, have accepted voluntary buyouts, Chief Executive Roberto Castello Branco said on Wednesday, as the state-run oil company intensifies its quest to slim down and refocus on core businesses.
By Tatiana Bautzer, Carolina Mandl, Gram Slattery and Sabrina Valle
RIO DE JANEIRO In Brazil, home to the world's second worst coronavirus outbreak, one thing seems to be spreading faster than the virus: the suspect, and sometimes strange, strategies to treat it.
RIO DE JANEIRO Brazil's Petrobras has decided to keep half its administrative staff working from home permanently, the company told Reuters, in a dramatic example of how the novel coronavirus has major companies rethinking their use of office real estate.
SÃO GONÇALO, Brazil The killing of another black teenager by Rio de Janeiro police last month was, based on the numbers, unremarkable – one of hundreds gunned down every year by some of the world's deadliest cops. | Video
RIO DE JANEIRO, May 26 About 50 workers were
infected by the novel coronavirus during an outbreak in recent
weeks at a production well owned by Brazilian oil firm Dommo
Energia SA, two regulatory sources with knowledge of
the matter told Reuters.
RIO DE JANEIRO Norway's Equinor ASA , Brazil's Dommo Energia SA and Anglo-French firm Perenco are among at least six oil producers that have registered coronavirus cases among employees or contractors at facilities off the coast of Brazil, according to industry and regulatory sources.
RIO DE JANEIRO, May 26 Norway's Equinor ASA
and Anglo-French firm Perenco are among at least five
oil producers that have registered coronavirus cases among
employees or contractors at facilities off the coast of Brazil,
according to industry and regulatory sources.
RIO DE JANEIRO Brazil's state-run Petrobras sees no need for cuts in oil production, executives say, as the market for its crude remains robust in China, while domestic demand for fuel picks up amid social distancing fatigue in Latin America's largest economy.