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Marta Nogueira

Brazil's Petrobras boosts oil production, abandons refinery plans amid upstream push

11 Dec 2019

RIO DE JANEIRO Brazilian state-run oil firm Petrobras flagged another major production boost on Wednesday, while formally scuttling a refinery project outside Rio de Janeiro, underlining its laser-like focus on offshore oil exploration and production.

UPDATE 2-Brazil's Petrobras boosts oil production, abandons refinery plans amid upstream push

11 Dec 2019

RIO DE JANEIRO, Dec 11 Brazilian state-run oil firm Petrobras flagged another major production boost on Wednesday, while formally scuttling a refinery project outside Rio de Janeiro, underlining its laser-like focus on offshore oil exploration and production.

Swiss prosecutors search Vitol, Trafigura offices amid sweeping graft probe

21 Nov 2019

RIO DE JANEIRO Swiss investigators have executed search warrants at addresses linked to Vitol and Trafigura, their counterparts in Brazil said on Thursday, as a sprawling probe into the global commodity trading industry intensifies.

UPDATE 2-Swiss prosecutors search Vitol, Trafigura offices amid sweeping graft probe

21 Nov 2019

RIO DE JANEIRO, Nov 21 Swiss investigators have executed search warrants at addresses linked to Vitol and Trafigura, their counterparts in Brazil said on Thursday, as a sprawling probe into the global commodity trading industry intensifies.

Exclusive: Failed Exxon talks left Petrobras stranded for auctions - sources

10 Nov 2019

RIO DE JANEIRO/LONDON As the weeks ticked down to Brazil's biggest-ever oil auction, state-run Petrobras held increasingly frantic talks to find potential partners, with the heaviest blow coming when major Exxon Mobil Corp pulled out days before, according to six people familiar with the matter.

Big oil stuns Brazil in back-to-back auction flops

07 Nov 2019

RIO DE JANEIRO Major global oil firms snubbed a second Brazilian oil auction in a row on Thursday, passing up offshore blocks and forcing officials to reconsider a bidding system that gives a privileged position to state-run Petroleo Brasileiro SA .

CORRECTED-UPDATE 3-Big oil stuns Brazil in back-to-back auction flops

07 Nov 2019

RIO DE JANEIRO, Nov 7 Major global oil firms snubbed a second Brazilian oil auction in a row on Thursday, passing up offshore blocks and forcing officials to reconsider a bidding system that gives a privileged position to state-run Petroleo Brasileiro SA.

Biggest Brazil oil auction disappoints as only Petrobras and Chinese firms bid

06 Nov 2019

RIO DE JANEIRO Brazil's biggest-ever oil auction frustrated expectations on Wednesday, as high prices and the dominant role of state-run oil company Petrobras scared off global oil majors.

Moment of truth arrives for huge Brazilian oil auction

06 Nov 2019

RIO DE JANEIRO, Nov 6 Executives from many of the world's biggest oil companies gathered in Rio de Janeiro on Wednesday to compete in Brazil's long-awaited transfer-of-rights (TOR) oil bidding round, the largest offer of crude and gas reserves in the nation's history.

Bidding field narrows as huge Brazil oil auction approaches

05 Nov 2019

RIO DE JANEIRO As Brazil approaches the biggest oil auction in its history — and one of the world's most expensive ever — the field of deep-pocketed bidders has narrowed to less than a dozen oil majors.

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