Edition:
United Kingdom

Marta Nogueira

Brazil's Vale slashes iron ore sales estimate after dam burst

18 Apr 2019

(This March 28 story corrects to reflect that annual sales estimate includes iron ore pellets in first and sixth paragraphs)

Petrobras hikes diesel price, eyes divestments amid investor unease

18 Apr 2019

RIO DE JANEIRO/SAO PAULO Brazilian state-run oil firm Petroleo Brasileiro SA hiked diesel prices on Wednesday, and executives said the firm could expand its already aggressive divestment plan while arguing the company was completely free of political interference.

Vale expects to resume Brucutu mine operations within 72 hours: filing

17 Apr 2019

SAO PAULO Brazilian iron ore miner Vale SA said in a securities filing late on Tuesday that within 72 hours it expects to resume operations at the Brucutu mine, its largest in Minas Gerais state.

UPDATE 2-Vale expects to resume Brucutu mine operations within 72 hrs -filing

17 Apr 2019

SAO PAULO, April 16 Brazilian iron ore miner Vale SA said in a securities filing late on Tuesday that within 72 hours it expects to resume operations at the Brucutu mine, its largest in Minas Gerais state.

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.

Brazil's Petrobras fines Bolivia for failing to meet LNG deliveries

26 Mar 2019

RIO DE JANEIRO, March 26 Brazilian state-run oil company Petrobras has fined Bolivia's state oil company YPFB after it failed to deliver liquefied natural gas (LNG) volumes secured under a contract through the Bolivia-Brazil pipeline during 2018, a Petrobras executive 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.

Brazil court suspends operations at two more Vale dams

18 Mar 2019

RIO DE JANEIRO A Brazilian court has ordered Vale SA, the world's largest iron ore miner, to suspend operations at two more dams, demanding that it prove the structures are stable.

World News