Guyana Political Stalemate Drags On
(Argus, 15.May.2020) — Fledgling oil producer Guyana's political stalemate is dragging on amid slow progress in a closely watched recount of votes from a disputed 2 March parliamentary election. The...
Message From Petrobras’ CEO On 1Q:20 Results
(Petrobras, 15.May.2020) — Petrobras CEO Roberto Castello Branco delivered his message to shareholders related to the company's first quarter 2020 results. “We express our solidarity with the victims of the...
Petrobras Kicks Off NTS’ Non-binding Phase
(Petrobras, 15.May.2020) — Petrobras, following up on the press release disclosed on 31 March 2020, announces the beginning of the non-binding phase regarding the sale of its remaining stake (10%)...
Petrobras Starts Gaspetro’s Non-binding Phase
(Petrobras, 15.May.2020) — Petrobras, following up on the press release disclosed on 4 May 2020, announces the beginning of the non-binding phase regarding the sale of its entire 51% stake...
UPM Finalizes Items With New Uruguayan Government
(UPM, 15.May.2020) — UPM is proceeding at full speed with its investment project in Uruguay and has taken several steps forward. UPM and the new Government of Uruguay have signed...
Petrobras Posts $11bn Impairment
(Bloomberg, 15.May.2020) — Petrobras, the Brazilian sate-controlled oil producer, posted a 65 billion-real ($11 billion) impairment in the first quarter after revising down its outlook for crude prices. Even without...
Petrobras Warns Economy Has Changed Forever
(Reuters, 15.May.2020) — Brazil's Petrobras took a 65.3 billion real ($11.2 billion) impairment on its exploration and production assets on Thursday, warning investors that changes in consumer behavior resulting from...