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Brazil convicts three in Petrobras price-fixing scandal

... l company Petrobras, according to Reuters. Chairman João Ricardo Auler, chief executive Dalton dos Santos Avancini and senior executive Eduardo Hermelino Leite were convicted of corruption and members ...More

EJ Insight2015-07-21

Brazil's Rousseff under pressure after close ally arrested

... e head of Petrobras for much of the period when the corruption took place, has not been implicated in the scandal. Vaccari's arrest could bring the investigation closer to the president if the money a ...More

EJ Insight2015-04-16

Huge Brazil protests demand Rousseff ouster

... iro S.A. (Petrobras) fueled their anger. However, Rousseff, early into a second four-year term, is unlikely to resign or face impeachment.  Aecio Neves, a centrist who was narrowly defeated by Roussef ...More

EJ Insight2015-03-16

Petrobras hires JPMorgan for US$3 bln asset sales

Petróleo Brasileiro SA (Petrobras) has hired JPMorgan Chase & Co. to handle asset sales worth US$3 billion this year, Reuters reported, citing sources with direct knowledge of the situation. Prope ...More

EJ Insight2015-02-26

Brazil markets dive after Rousseff's narrow re-election victory

... Oil giant Petrobras led a selloff in major state-run companies whose profits have suffered under Rousseff. Petrobras plunged more than 12 percent, its biggest one-day slide in nearly six years. Meanwh ...More

EJ Insight2014-10-28

HKEJ Today: Highlights

... shares of Petrobras Energia Peru S.A. for US$2.6 billion. The target company is involved in oil exploration and production business in Peru, running three oil fields that produce an annual 800,000 met ...More

EJ Insight2013-11-14

CNPC buys Peru oil and gas assets for US$2.6 bln, Xinhua says

... shares of Petrobras Energia Peru S.A., which owns three oil and gas blocks with an output of about 800,000 tons of oil equivalent a year, the report said. -- Contact HKEJ [email protected] CG ...More

EJ Insight2013-11-14

China wins joint bid for century's biggest oil find

...  S.A., or Petrobras, in the winning consortium as local unions and demonstrators tried to stop the auction, calling it "a sell-out of precious national resources to foreign interests", according to Re ...More

EJ Insight2013-10-28

Shell fends off Sinochem bid for Brazil project, report says

... e held by Petrobras in their Parque das Conchas venture, which includes Argonauta, the report said. -- Contact HKEJ [email protected] SK/CG   ...More

EJ Insight2013-10-03

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