07.01.2016
- After nearly two years of negotiations, Brazilian energy company Petrobras has agreed a new five-year naphtha supply contract with petrochemical producer Braskem. Under the terms...
05.02.2015
- CEO Maria das Graças Foster and other senior management at Brazil's Petrobras, parent company of chemical producer Braskem, resigned on Feb. 4 amid a corruption scandal. Resigning...
27.06.2014
- Brazil plans to sell $5-9 billion in offshore oil rights to state-run oil company Petrobras, one of the main owners of chemical producer Braskem. The move is expected to saddle the...
06.06.2014
- The Right Dynamics -With a gross domestic product (GDP) of $2.2 trillion in 2013, the World Bank ranks Brazil as the world's seventh largest economy and one of the two economic...
22.05.2014
- Venezuela plans to begin its first shale gas exploration campaign in western Lake Maracaibo as part of a joint venture with Brazil's state-run Petrobras. "We've approved the first...
09.01.2014
- Brazil's state-run oil company Petrobras refined an average 2.03 million barrels a day of crude in the first 11 months of 2013, an amount equivalent to about 97% of its capacity...
28.10.2013
- Brazil's state-run oil company, Petrobras, said on Friday that quarterly profit fell 39% from a year ago as rising exploration and administrative costs drove up spending while fuel...
21.10.2013
- Brazilian oil workers said on Friday they managed to reduce oil and fuels output from state-run oil company Petroleo Brasileiro for a second day after launching a strike for higher...
