SAO PAULO Shares of Brazilian oil firm Petroleo Brasileiro SA slipped on Thursday after its oil and gas production outlook for next year disappointed analysts, despite ambitious long-term output forecasts in its new five-year strategic plan.
SAO PAULO, Nov 28 Shares of Brazilian oil firm
Petroleo Brasileiro SA slipped on Thursday after its
oil and gas production outlook for next year disappointed
analysts, despite ambitious long-term output forecasts in its
new five-year strategic plan.
SAO PAULO Brazilian farmers risk losing part of the European market for soy products estimated at $5 billion (3.88 billion pounds) per year if they scrap a so-called soy moratorium barring grain traders from buying oilseed from areas in the Amazon that have been deforested.
SAO PAULO, Nov 21 Brazil's famous barbecue is
getting more expensive as Chinese demand is increasingly
swallowing up the country's beef supply, pushing Brazilian
cattle prices to a record high.
SAO PAULO, Nov 12 Brazilian energy and logistics
group Cosan SA awaits a government change in
Argentina to better evaluate potentially negative impacts from
fuel prices freeze to its subsidiary Raízen Combustíveis, an
executive said on Tuesday.
SAO PAULO Brazilian iron ore miner Vale on Monday said it now expects sales of iron ore and pellets of between 307 million and 312 million tonnes in 2019, implying at least a 14.7% decline from a year earlier as it grapples with the aftermath of a deadly dam burst.
SAO PAULO Brazil's state-run oil firm Petrobras, which dominated this week's disappointing offshore oil auctions, has no interest in farming out its Buzios block to be operated by another firm, its head of exploration and production said on Friday.
SAO PAULO Brazilian farmers plan to start a campaign next week to end a ban by trading firms on buying soybeans from parts of the Amazon rainforest cleared after 2008, leaders from a major farmer group told Reuters, citing support from President Jair Bolsonaro.
SAO PAULO Vale SA's chief executive officer said on Friday that a resumption in paying dividends or share buybacks would depend on progress in repairing the damage from its Brumadinho tailings dam collapse, which killed more than 250 people.
SAO PAULO Brazilian miner Vale on Thursday reported a weaker-than-forecast 15% gain in quarterly earnings as the iron ore exporter tries to overhaul its operations to avoid a recurrence of the dam burst that killed more than 250 people in January.