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India

Simon Webb

Petrobras to boost oil output in 2019, cut debt $10 billion - CFO

17 Sep 2018

NEW YORK Brazil's state-run oil giant Petróleo Brasileiro SA aims to raise output as much as 10 percent to around 2.3 million barrels per day (bpd) in 2019 and cut net debt by $10 billion (7.62 billion pounds), Chief Financial Officer Rafael Grisolia told Reuters.

INTERVIEW-Petrobras to boost oil output in 2019, cut debt $10 bln - CFO

17 Sep 2018

* May invest in LNG import terminals after hitting debt targets

Brazil's poultry industry could take years to recover from strike -minister

31 May 2018

SAO PAULO Brazil's poultry industry will cull 24 million chickens a day from Thursday if suppliers cannot get food to birds because of a truckers' strike, and the government will need to bail out the hardest-hit producers, the agriculture minister said on Wednesday.

Brazil's Temer downplays threat of coup amid truckers' protest

30 May 2018

SAO PAULO Brazilian President Michel Temer said on Tuesday there was no chance that a nationwide truckers' protest that has paralyzed Latin America's biggest economy will spark a military coup and topple his government.

Big Oil executives jet to Rio for deepwater oil sale

27 Oct 2017

RIO DE JANEIRO, Oct 27 Brazil will auction eight blocks in its coveted deepwater oil region on Friday, a prospect that has lured top executives from the world's biggest oil companies to Rio de Janeiro for the bidding round.

Petrobras expects bidding for all pre-salt oil blocks on Friday

26 Oct 2017

RIO DE JANEIRO The world's top energy companies will compete fiercely for deepwater oilfields Brazil will auction on Friday and all eight pre-salt blocks are likely to be awarded, according to the head of state-run oil giant Petroleo Brasileiro SA.

INTERVIEW-Petrobras expects bidding for all pre-salt oil blocks on Friday

26 Oct 2017

RIO DE JANEIRO, Oct 26 The world's top energy companies will compete fiercely for deepwater oilfields Brazil will auction on Friday and all eight pre-salt blocks are likely to be awarded, according to the head of state-run oil giant Petroleo Brasileiro SA.

Shell says can pump oil from Brazil's pre-salt fields below $40/bbl

25 Oct 2017

RIO DE JANEIRO Royal Dutch Shell will participate in Brazil's deepwater oilfield auction on Friday and is confident it can pump oil from the fields on offer for less than $40 a barrel, a top Shell executive said.

INTERVIEW-Shell says can pump oil from Brazil's pre-salt fields below $40/bbl

25 Oct 2017

RIO DE JANEIRO, Oct 25 Royal Dutch Shell will participate in Brazil's deepwater oilfield auction on Friday and is confident it can pump oil from the fields on offer for less than $40 a barrel, a top Shell executive said.

Exclusive - Petrobras turnaround could yield first dividend in years in 2017

18 May 2017

NEW YORK Brazil's state-controlled oil company Petrobras will pay its first shareholder dividend in three years if the company turns a profit in 2017, Chief Executive Officer Pedro Parente said on Wednesday. | Video

World News

Republican lawmakers storm hearing room, disrupt Trump impeachment inquiry

A U.S. House of Representatives impeachment inquiry devolved into chaos on Wednesday as Republican lawmakers, encouraged by President Donald Trump to get tougher in fighting Democratic efforts to impeach him over dealings with Ukraine, stormed into a high-security hearing room and delayed testimony by a witness.