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'Crisis? What Crisis?': Petrobras Chief Points to Future

'Crisis? What Crisis?': Petrobras Chief Points to Future
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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Petrobras CEO to Remain in Charge of Brazil Oil Giant as Lula Dispute Cools

Petrobras CEO to Remain in Charge of Brazil Oil Giant as Lula Dispute Cools
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Brazil , Brasilia , Distrito-federal , Brazilian , Aloizio-mercadante , Luiz-inacio-lula , Alexandre-silveira , Bloomberg-petrobras , Fernando-haddad , Worker-party , Petrobras , Jean-paul-prates

Petrobras CEO to Remain in Charge of Brazil Oil Giant as Lula Dispute Cools

Petrobras CEO to Remain in Charge of Brazil Oil Giant as Lula Dispute Cools
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Brasilia , Distrito-federal , Brazil , Brazilian , Bloomberg-petrobras , Bloomberg-businessweek , Fernando-haddad , Alexandre-silveira , Aloizio-mercadante , Luiz-inacio-lula , Worker-party , Petrobras

Petrobras Board Member Resigns From Brazilian Oil Giant

Petrobras Board Member Resigns From Brazilian Oil Giant
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Petrobras Taps Chinese Banks to Finance Deepwater Oil Expansion

Petrobras Taps Chinese Banks to Finance Deepwater Oil Expansion
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Petrobras Wants to Stay at Braskem But Not Make It State-Owned

(Bloomberg) -- Petrobras is not interested in turning Braskem SA into a government-owned firm and top management signaled it would make sense for the petrochemicals producer to have a strategic partner, according to people familiar with the matter.Most Read from BloombergRetirees Face $17,400 Cut to Social Security Benefits in 2033First American City to Tame Inflation Owes Its Success to Affordable HousingEcuador Presidential Candidate Assassinated, Suspect Shot DeadMaui Fires Show Climate Chang

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Petrobras Wants to Stay at Braskem But Not Make It State-Owned

Petrobras Wants to Stay at Braskem But Not Make It State-Owned
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Petrobras Chairman to Step Down; May Be Replaced by Landim

(Bloomberg) -- Petrobras Chairman Admiral Eduardo Bacellar Leal Ferreira plans to step down after three years at the helm of the state-controlled Brazilian oil giant, citing personal reasons. 

“My family lives abroad and I want to be close to them,” Ferreira, who turns 70 in June, said by phone.

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Petrobras Oil Output Hits Record as Most Peers Reel From Crash


Petrobras Oil Output Hits Record as Most Peers Reel From Crash
Bloomberg
1/8/2021
Carlos Caminada
© Bloomberg
Petroleo Brasileiro SA (Petrobras) oil rigs stand under construction near gantry cranes at the Verolme shipyard near Angra dos Reis, Brazil on Thursday, April 23, 2020. The state-owned company has cut their diesel and gasoline prices, along with their oil production, as chronic oversupply overwhelms the world crude tanks, pipelines and supertankers.
(Bloomberg) -- Petrobras wrapped up 2020 with record oil production just as most of its peers reeled from the worst crude-market crash in history.
In a year that brought the U.S. shale industry to its knees, the Brazilian state-run giant pumped an all-time-high 2.3 million barrels a day of crude, according to a statement Thursday. That’s about the same as OPEC member Kuwait.

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Petrobras Sets Production Record


The Brazilian state-run giant reported Thursday an all-time high for oil production.
(Bloomberg) -- Petrobras wrapped up 2020 with record oil production just as most of its peers reeled from the worst crude-market crash in history.
In a year that brought the U.S. shale industry to its knees, the Brazilian state-run giant pumped an all-time-high 2.3 million barrels a day of crude, according to a statement Thursday. That’s about the same as OPEC member Kuwait.
Operating some of the largest offshore oil finds this century, the Rio de Janeiro-based explorer is reaping the results of a five-year plan to develop fields that rival Saudi Arabia’s in low-cost production.

Saudi-arabia , Kuwait , Brazil , Brazilian , Bloomberg-petrobras , Rio-de-janeiro-based , Petroleo-brasileiro , Oil-and-gas-petroleum-news-events-stories-articles-analysis-commentary-headlines-stocks-finance-commodities-maps-pictures , சவுதி-அரேபியா , குவைத் , பிரேசில்