Petroleo Brasileiro Petrobras News

Grupo BTG Pactual SA , the Brazilian bank led by billionaire Andre Esteves , agreed to pay $1.5 billion to form a joint venture in Africa with Petroleo Brasileiro SA as part of an incursion into the oil industry.

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Brazil's Banco BTG Pactual SA agreed to pay $1.53 billion for a 50 percent stake in African oil and gas exploration and production assets of Brazilian state-run oil company Petroleo Brasileiro SA , the companies said in a statement on Friday.

When OGX Petroleo & Gas started trading on Jun 13, 2008, Eike Batista was gunning to become the world's richest man.

RIO DE JANEIRO: Brazil will ask investors to pay at least 10 billion real plus a share of future oil and natural gas output, for the right to develop the giant Libra offshore prospect it plans to sell in October, an oil regulatory official said on Monday.

Petroleo Brasileiro SA has signed an accord with a unit of South Korea's GS Holdings Corp that could lead to a partnership to build a Brazilian refinery.

Petroleo Brasileiro SA , Brazil's state-led oil company, said on Monday that it has signed an accord with GS Energy Corp to explore the possibility of building a low-sulfur diesel refinery together in Brazil's Ceara state.

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's stock had its "neutral" rating restated by Zacks in a research report issued on Thursday, AnalystRatingsNetwork.com reports.

Investors in Petroleo Brasileiro SA , the world's most indebted oil company , aren't celebrating Brazil 's biggest-ever crude discovery.

Shares of beaten down OGX Petroleo & Gas Participacoes are bucking the Brazilian selloff today on better production numbers.

Brazil's state-controlled oil company Petroleo Brasileiro SA, or Petrobras, said April output rose 2.68 percent from March as platforms under repair returned to service and production increased at new fields.

Petroleo Brasileiro SA announced a special dividend on Thursday, May 30th, Analyst Ratings Network reports.

Yokogawa Electric Corp. subsidiary Yokogawa America do Sul Ltda. has signed a partnership agreement with Petroleo Brasileiro S.A. to evaluate field wireless technology based on the ISA100.11a*1 industrial automation wireless communications standard.

StockCall.com Provides Stock Research on Petroleo Brasileiro, Cheniere Energy Inc., Hercules Offshore Inc., Helmerich & Payne Inc., and QEP Resources Inc.

The Ibovespa fell as Brookfield Incorporacoes SA led homebuilders' losses on concern higher borrowing costs in Brazil will curb the economic recovery.

RIO DE JANEIRO: Brazil's state-controlled oil company Petroleo Brasileiro SA said on Friday its executive directors have rejected offers to buy its Argentina operations, in the latest setback for the company's shrinking US$9 billion asset-sale plan.

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