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Brazilian energy major Petrobras is bulking up with a series of large-scale bond issues. The company said this week it aims to raise roughly $11 billion in a set of six flotations, to be issued by ...
Petrobras (PBR) will gain $3.253 billion from the sale of surplus volumes in the Atapu region and if the Sepia field's excess assets are auctioned, the company will earn another $3.2 billion.
Petrobras sponsored the Brazilian Série A from 2009 to 2012. [80] Petrobras was a secondary sponsor for the AT&T Williams F1 Team from 1998 to 2008 and signed again with Williams F1 from 2014 onwards. [81] From 2018, Petrobras left Williams and sponsored McLaren, but cancelled their sponsorship at the end of 2019.
Brazil's state-run oil company Petrobras said on Wednesday it has signed a contract to sell the REMAN refinery in the northern state of Amazonas for $189.5 million to Ream Participações S.A., a ...
Attractive valuations of Brazilian subsidiaries have led international companies to list their Brazilian subsidiaries, as was the case of Banco Santander Brasil. [ 10 ] On May 8, 2008, Bovespa Holding announced the merger of the São Paulo Stock Exchange (Bovespa) and the Brazilian Mercantile and Futures Exchange (BM&F), creating the world's ...
On 19 June 2015, Brazilian authorities arrested the former CEO, Marcelo Odebrecht, in connection with their ongoing probe into bribes paid to the Brazilian oil giant, Petrobras. [6] On 7 March 2016, he was sentenced to 19 years and 4 months jail, for paying over US$30 million in bribes to executives of Petrobras, in exchange for contracts and ...
Brazil's antitrust watchdog on Wednesday approved the sale of state-run oil firm Petrobras' 51% stake in gas company Gaspetro with no restrictions. Petrobras is selling the stake to Compass, which ...
He scored a big coup in October 2002 when he announced the sale of the family's 60% share of Petrolera Pérez Companc to Brazilian oil giant Petroleo Brasileiro S.A. for a reported US$1 billion in cash and bonds.