petrobras

Americas

Rousseff faces key vote as her future remains on line

11/05/2016

Senators in Brazil have started a debate on whether to oust President Dilma Rousseff, a movement that has built up steam and turned into a referendum on her leadership amid several crises facing Latin America’s largest nation.

Americas

Petrobras stock “worthless” say analysts

16/02/2016

Petrobras’s stock is worthless and a growing group of investors believe Brazil’s state-controlled oil company will convert debt into equity in a move that will benefit bondholders over shareholders, BTG Pactual said in a research report.

Other News

Brazilian prosecutors charge 12 people over alleged bribery scheme

18/12/2015

Brazilian prosecutors said 12 people have been charged in connection with an alleged bribery scheme involving SBM Offshore and Petrobras. Police said they had executed four arrest warrants as part of an investigation known as "Operation Black Blood". It is understood two of the suspects are already in jail.