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Tag: petrobras
Petrobras petroleum output surpassed Exxon in third quarter
2015-01-08 23:45:54| Chemicals - Topix.net
Brazil's state-run oil company said on Thursday it produced more crude oil and related liquids in the third quarter than Exxon Mobil Corp, making Petroleo Brasileiro SA Petrobras, based in Rio de Janeiro, produced 2.209 million barrels of oil and other liquids a day in Brazil and abroad in the three months ending Sept. 30, according to the company's Web site.
Tags: output
quarter
petroleum
exxon
Petrobras says it is expanding oil and gas production in the pre-salt in economically viable manner
2015-01-07 13:55:31| Green Car Congress
Tags: the
production
gas
oil
Petrobras says probe may implicate pension fund; cuts off contractors
2014-12-30 11:44:52| Oil & Gas - Topix.net
Brazil's state-run oil company Petrobras on Monday said a growing corruption scandal may implicate its employee pension fund and has led to a freeze on payments to 23 contractors allegedly involved in the scheme. Petros, the 66 billion real employee-pension fund of Petroleo Brasileiro SA, as Petrobras is formally known, was singled out by an internal investigation, Petrobras said in a statement.
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contractors
cuts
pension
Petrobras authorized to start early production in ultra-deep Búzios field
2014-12-27 18:55:32| Green Car Congress
Tags: start
field
early
production
U.S. city sues Petrobras for corruption-related bond loss: report
2014-12-26 22:18:52| Oil & Gas - Topix.net
The U.S. city of Providence, Rhode Island, is suing Brazil's state-run oil company Petroleo Brasileiro SA and some of its executives for bond losses stemming from an alleged kickback and bribery scheme, a leading Brazilian newspaper reported on Friday. The court case is the latest problem for Petrobras, whose stock price has recently fallen to its lowest in nearly 10 years as a widening corruption probe caused the company to delay the release of its third-quarter earnings.
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