Showing posts with label President Rousseff. Show all posts
Showing posts with label President Rousseff. Show all posts

Tuesday, May 13, 2014

Petrobras Steps Up Cost Cuts to Counter Fuel Subsidies

Petroleo Brasileiro SA (PETR4) is stepping up cost-cutting measures to avoid a fourth straight profit decline amid losses derived from government fuel subsidies.

Thursday, August 15, 2013

Brazil Congress backs oil royalties bill

Brazil's Congress has approved a bill that designates all royalties from newly discovered oil fields to education and healthcare.