Edition:
United Kingdom

Gram Slattery

Bolsonaro calls for 'fair' diesel prices, spooking Petrobras investors

12 Apr 2019

RIO DE JANEIRO/BRASILIA Brazil's Petroleo Brasileiro SA canceled a diesel price hike on Friday as President Jair Bolsonaro called for "fair" prices out of concern for truckers, spooking investors wary of political interference at the state-run oil firm.

Explainer: Brazil's transfer-of-rights oil area - What's next?

10 Apr 2019

RIO DE JANEIRO Brazil's government and state-controlled oil company Petroleo Brasileiro SA have settled a long-running dispute about one of the world's most promising offshore oil areas, clearing the way for a blockbuster auction later this year.

EXPLAINER-Brazil's transfer-of-rights oil area: What's next?

10 Apr 2019

RIO DE JANEIRO, April 10 Brazil's government and state-controlled oil company Petroleo Brasileiro SA have settled a long-running dispute about one of the world's most promising offshore oil areas, clearing the way for a blockbuster auction later this year.

Petrobras agrees to sell pipeline unit to Engie for $8.6 billion

06 Apr 2019

SAO PAULO/RIO DE JANEIRO A consortium led by France's Engie SA submitted the highest offer for a major gas pipeline unit owned by Brazil's Petroleo Brasileiro SA, the state-run oil firm said on Friday, as the company's biggest divestment draws to a close.

Brazil's Petrobras receives three final bids for gas pipeline unit: sources

02 Apr 2019

SAO PAULO Brazil's state-controlled oil company Petroleo Brasileiro SA received three bids for gas pipeline network TAG, four sources with knowledge of the matter said on Tuesday.

UPDATE 1-Brazil's Petrobras receives three final bids for gas pipeline unit -sources

02 Apr 2019

SAO PAULO, April 2 Brazil's state-controlled oil company Petroleo Brasileiro SA received three bids for gas pipeline network TAG, four sources with knowledge of the matter said on Tuesday.

UPDATE 1-Brazil govt's spat with Petrobras nears end, paving way for giant oil tender

25 Mar 2019

RIO DE JANEIRO, March 25 Brazil's government will announce "within days" a deal with state-run oil company Petrobras to settle a multi-billion-dollar contract dispute and clear the way to auction billions of barrels of oil off of the Brazilian coast, a minister said on Monday.

Brazil, Petrobras 'practically agreed' on transfer-of-rights value -source

25 Mar 2019

RIO DE JANEIRO, March 25 Brazil's government and oil company Petrobras have "practically agreed" on the value of a multi-billion-dollar payment to the oil firm to settle the "transfer-of-rights" dispute, a source with direct knowledge of the matter told Reuters.

Exclusive: Trident Energy takes lead in Petrobras oilfield sale - sources

20 Mar 2019

RIO DE JANEIRO/SAO PAULO Warburg Pincus-backed firm Trident Energy is in exclusive talks with Petroleo Brasileiro SA to acquire a pair of Brazilian oil clusters, two sources with knowledge of the matter said this week, as the state-run company known as Petrobras moves to revive the sale effort.

Brazil's PetroReconcavo in talks for Petrobras onshore fields: sources

19 Mar 2019

RIO DE JANEIRO Brazilian independent oil company PetroReconcavo has entered direct negotiations with state-run Petroleo Brasileiro SA to purchase a cluster of 34 oilfields in the nation's northeast, two oil industry sources told Reuters.

World News