All publications by tag «PETROBRAS»
2015, November, 5, 19:10:00PETROBRAS STRIKE & SLASH 30%
Brazil’s largest oil workers union, known as FUP, joined several smaller striking unions on Sunday to protest Petrobras’ plans to sell up to $15.1 billion worth of assets and slash its 2016 budget down to $19 billion, a 30 percent reduction.
2015, October, 7, 19:15:00PETROBRAS CUTS BUDGET $3 BLN
Petroleo Brasileiro SA (Petrobras) reported further cuts to its capital budget, reducing planned spending for 2015 by $3 billion to $25 billion and by $8 billion to $19 billion for 2016. The company cited low crude oil prices and unfavorable exchange rates.
2015, July, 1, 19:05:00PETROBRAS 37% DOWN
Brazil’s Petrobras will cut its spending by 37 percent through the next four years in an effort to tame its enormous $110 billion debt.
2015, April, 14, 19:15:00PETROBRAS: MORE CORRUPTION
A corruption investigation that has already engulfed Brazil’s state-run oil giant Petroleo Brasileiro SA has spread to the health ministry and state-owned bank Caixa Econômica Federal, authorities said Friday.
2015, March, 3, 20:35:00PETROBRAS WILL SELL $13.7 BLN
Petróleo Brasileiro SA plans to dispose of as much as $13.7 billion in assets this year and next as part of efforts by Brazil's largest state-controlled company to reduce debt and protect cash.
2015, February, 28, 18:55:00CRAZY MOODY'S DOWNGRADING
Brazil's state-run oil company Petrobras' debt was downgraded to junk status on Tuesday by Moody's Investors Service. Moody’s Lowers Rating of 5 Russian Companies, Including Transneft.
2015, February, 7, 16:30:00OIL PRICES IMPACTS
Oil-price collapse may aggravate producing nations’ other problems
2015, February, 7, 16:15:00PETROBRAS CEO RESIGNING
Maria das Gracas Foster, chief executive officer of Petroleo Brasileiro SA (Petrobras) since 2012, has resigned along with five other senior executives.
2015, January, 25, 17:30:00MAJORS CUTS $28 BLN
The world’s biggest energy companies are preparing to cut tens of billions of dollars from capital spending as they set out plans this week to respond to the drastic slide in oil prices.
2015, January, 25, 17:10:00PETROBRAS CUTS EMISSIONS
An unparalleled technology to cut greenhouse gas emissions through carbon dioxide capture is being developed on a demonstration scale at Petrobras’ Shale Industrialization Facility (known as SIX) in Paraná, in partnership with the company’s Cenpes research center.