Petrobras

Without any escalation, oil should continue trading between US$70 and US$90 this year

'Previously, you saw a company with no future, failing to invest'

Seatrium, which has already built up an order book of more than $20 billion, might secure another $7 billion in the coming FY2024

As the P-83 and P-80 are identical units, greater economies of scale and productivity gains can be expected

In a regulatory filing on Monday, SembMarine stressed that the charges filed against Cheah and de Jesus are in their personal capacities and not against EJA, the group's Brazilian subsidiary.

(Sept 6): Transportadora Brasileira Gasoduto Bolívia-Brasil (TBG), which operates a 1,610-mile pipeline transporting natural gas from Bolivia to Brazil, said its board approved the removal of Ivan de Sá on Wednesday at the request of Petrobras, its majo

PARIS (Sept 11): Efforts to crack down on foreign bribery have failed to stem the practice as a proportion of global trade, despite some high-profile anti-corruption cases, according to a report by Transparency International.

RIO DE JANEIRO (Jan 5): Brazilian shareholders of state-controlled Petroleo Brasileiro SA are petitioning a Brazilian court to be paid on similar terms as those given to US shareholders in a US$2.95 billion ($3.9 billion) settlement, a lawyer told Reuters

(Jan 4): Brazil’s state-run energy explorer Petrobras agreed to pay US$2.95 billion ($3.92 billion) to compensate U.S. investors who lost money when a massive corruption scandal eroded the oil giant’s market value.

SINGAPORE (Jan 4): With Keppel Corp’s offshore and marine arm having reached a global resolution with authorities over corrupt payments made in Brazil, the market’s attention could now turn to Sembcorp Marine, another major SGX-listed oil rig builder