Petrobras Tag

Brazil’s state-run oil firm Petrobras has revealed it will join the Oil and Gas Climate Initiative (OGCI) after it signed a letter of engagement to become a member of the global industry body. OGCI was launched in 2014 as a voluntary CEO-driven organisation which intends to...

French energy firm Total (LSE:TTA) and Brazilian petroleum corporation Petrobras (BVMF:PETR4) have announced  they will be partnering each other in a US$2.25 billion joint venture agreement. The deal involves Petrobus transferring rights of varying percentages in three concession areas across Brazil to Total. The South American company...