Read all the latest news about Petrobras. ShippingWatch gives you independent, credible, critical and fair news.

Petrobras reports biggest profit since 2011

Surging oil prices pushed the Brazilian oil major's net income to a seven-year high in the second quarter of 2018, while the company's debt was significantly reduced in the first half of 2018.

Petrobras restarts asset divestments

Brazil's trouble-stricken state-owned oil company Petrobras has been cleared to progress with its asset divestment program by a court in the country. The approval sends the sales process back to start, reports Reuters.

Statoil invests billions of USD in Brazilian mega-field

Statoil acquires Petrobras' 66 percent interest of the BM-S-8 offshore license in Brazil's Santos basin, including a substantial part of the Carcará oil discover - one of the largest discoveries in the world in recent years. It's a deal worth billions of dollars.

Petrobras puts nine small oil fields up for sale

Scandal-ridden Brazilian oil company Petrobras is putting nine small oil fields up for sale as part of the anticipated, massive divestment of assets intended to help reduce the company's enormous debt, writes Wall Street Journal.

Media: Singapore companies accused of bribery

Keppel and Sembmarine have been accused of paying USD 9.5 million in bribes to win 12 contracts from Brazilian oil company Petrobras. This is evident in court documents which The Strait Times has obtained. The companies reject the accusations.

Havila loses another Petrobras contract

Brazil's oil company Petrobras has prematurely canceled a contract for a supply vessel from Havila Shipping. This is the second time this year that the Brazilian company cancels a contract with the struggling Norwegian carrier.

Will an impeachment of Roussef shatter Brazil's oil dreams?

On Sunday, a political majority in Brazil could vote to impeach the country's president, Dilma Roussef. ShippingWatch has spoken to several key players in the country's oil capital Rio de Janeiro about whether the political collapse also marks a final blow to the once-promising oil nation.

Norsk rederigruppe trukket ind i Petrobras-skandale

En tidligere direktør i et selskab, det norske familieejede rederi Ugland var medejer af, bliver nu en del af den omfattende Petrobras-skandale med korruption på kryds og tværs i det statsejede brasilianske olieselskab. Skandalen breder sig nærmest for hver dag, der går.

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