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Petrobras shells out $508m to settle tax dues in Brazil

2015-07-20 01:00:00| Hydrocarbons Technology

Brazilian energy firm Petrobras has paid BRL1.6bn ($508m) to settle disputes with the tax authorities and will take a charge for the amount in its second quarter financial result this year.

Tags: tax brazil settle dues

 

Pields Engineering selects Smart 3D technology to design FPSO vessel for Petrobras

2015-07-16 01:00:00| Offshore Technology

Pields Engineering is to use Intergraph Smart 3D technology to design a floating production, storage and offloading (FPSO) vessel for Brazilian energy company Petrobras.

Tags: design technology engineering smart

 
 

NEWS Braskem future uncertain as Petrobras plans divestitures, faces corruption scandal

2015-07-08 22:40:08| Chemicals - Topix.net

New chapters in the corruption scandal involving Braskem SA's two biggest stakeholders and the possibility of state-run oil company Petrobras selling its stake in the company have added to uncertainties regarding the future of Brazil's biggest material supplier for the plastics industry. Brazilian newspaper Valor Economico reported July 6 that state-run oil company Petroleo Brasileiro SA, or Petrobras, could sell its stake in Braskem as part of its divestiture plan, if it finds an interested buyer.

Tags: news future plans faces

 

One Factor Bringing Petrobras (PBR-A) Stock Lower

2015-07-06 16:19:17| Chemicals - Topix.net

Petrobras could sell the 36.1% stake in the Brazilian petrochemical company, according to Brazilian paper Valor Econmico . Selling its stake in Braskem could help resolve Patrobras' issue of selling naphtha to a client it doesn't have a significant financial interest in, according to Reuters .

Tags: stock lower factor bringing

 

Oil spills from Petrobras pipeline into Brazil coastal area

2015-06-19 21:54:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Oil spilled from a pipeline linking a main Atlantic Ocean terminal with a refinery near Rio de Janeiro on Friday, Brazil's state-run oil company Petroleo Brasileiro SA said. The spill contaminated a coastal wetland area and leaked into the ocean, a spokesman for the union representing employees at the refinery said. The narrow coastal region where the spill occurred is in Rio de Janeiro's Costa Verde or "Green Coast" - one of Brazil's most beloved tourist regions and home to one of the last...

Tags: area oil brazil coastal

 

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