Browsing Tag

Geral

Eike’s Out

Eike Batista left the post of CEO and chairman of the Board of Directors of OGpar, the former OGX. Last year, the Federal Prosecutor’s office in Rio de Janeiro (MPF/RJ) filed suit…

Petrobras Discloses Results

Petrobras registered net income of R$ 3 billion (US$ 1.2 B) in the third quarter of 2014, a decline of 38% compared to the R$ 4.9 billion (US$ 1.9 B) posted for the same period of 2013. Accrued for the year of 2014, net income was down…

Rousseff Wants To Defend Companies

Brazilian President Dilma Rousseff during the first ministerial meeting of her second term called for the investigation of unlawful acts and said punishment for corruption at…

Precautionary Ban

The ban covers 25 companies from 23 grups; Odebrecht has the largest number of individual firms from a single groupLate last year, Petrobras blacklisted 23 business groups from participating in new tenders or…

Contractors Defense

The legal area of the Petrobras is going to evaluate the arguments presented by the companies during the next three weeksTwenty three different companies and economic groups involved in the Lava Jato…

Plan Rejected

The oil firm is no longer in a position to use the surety of oil as collateral for blocks it acquired in the 11th bidding round.In a decision published on Friday (January 23), the development plan put forward…

Tenders Only In 6 Months

Petrobras believes that during this moment it is important to ensure that large-scale projects will be able to proceedDuring the first six months of this year, Petrobras intends to focus its…

Emergency Board Meeting

Petrobras has until January 31 to publish its balance sheet; after this date, the default deadline expiresPetrobras has just called 10 members of its Board of Directors to a new emergency meeting tomorrow,…

Baker Hughes

The contract was signed in the amount of US$ 27.7 MM and went into effect at the end of December, valid for two yearsFourth-quarter profits for Baker Hughes in 2014 were positively influenced by the agreement for…

Compliance Department

Petrobras new Governance, Risk and Conformity Compliance Department's Director, Elek Junior and Ms. Foster, its PresidentPetrobras will select by the end of this month the names of three executives who…

Shortcuts For Big Projects

According to the minister, Brazil needs different legislation in order to reduce the delays in the construction of these projectsThe minister of mines and energy, Eduardo Braga, said Friday (January 16) that the…

Work Can’t Stop

Braga said there were no hints or evidence wrongdoing on her part and, therefore, there was no reason to dismiss herBrazil's new Minister of Mines and Energy, Eduardo Braga, believes it is necessary to find…