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Brazil's Petrobras Restarts Construction at Its Comperj Refinery

Brazilian state-run energy giant Petroleo Brasileiro (PBR, PETR4.BR), or Petrobras, said late Friday that it has been able to reverse a court order that had suspended construction at its Comperj refinery project in Rio de Janeiro state.Petrobras said in a statement the decision involves only works currently under way.The Comperj refinery will have installed capacity to process 165,000 barrels of crude oil per day when it enters operation in April 2015, according to the company. A second phase, expected to be completed by 2018, would double capacity.Write to Luciana Magalhaes at luciana.magalhaes@dowjones.comCopyright © 2013 Dow Jones Newswires...

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    Oil major BP PLC (BP.LN) said Wednesday it and partners Total SA (TOT), Petrobras and Petrogal were yesterday named winning bidders for eight deepwater blocks offsho...

  2. Statoil Awarded 6 Licences Offshore Brazil

    Norwegian oil and gas major Statoil ASA (STO) said Wednesday it was the highest bidder on 6 licenses in Brazil.MAIN FACTS:-With the new licenses, Statoil has strengt...

  3. Brazil's First Oil Auction in Five Years Draws Record Bids

    Brazil saw record bidding at its first oil auction in five years Tuesday as the growing promise of oil finds along the equator attracted huge interest in exploration...

  4. BG Group 'Satisfied' After Winning 10 of 12 Brazil Exploration Blocks

    BG Brasil, the local unit of BG Group PLC (BG.LN), won 10 of the 12 offshore oil and natural gas exploration blocks the company bid for in a hotly contested auction,...

  5. Brazil Petrobras Still In Talks On Argentine Divestment -Foster

    Brazil's state-controlled oil company Petrobras (PBR, PETR4.BR) is in talks with several groups in Argentina for sale of assets there, but has not finalized any plan...

  6. Argentine Firm Buys 51% of Petrobras Argentina -Report

    Argentine businessman Cristobal Lopez has purchased a 51% stake in Petrobras Argentina SA (PZE, PESA.BA), a subsidiary of Brazil's state-run oil company Petroleo Bra...

  7. ANP Says China's CNOOC Pulls Out of Brazil Oil-Concession Auction

    Chinese integrated oil company CNOOC Ltd. (CEO) pulled out of an auction of oil and natural gas exploration concessions in Brazil, the country's National Petroleum A...

  8. Moody's to Decide This Year on Petrobras Downgrade

    Moody's Investors Service will likely determine this year whether to downgrade the ratings of Brazil's government-run oil company, Petroleo Brasileiro SA (PBR, PETR3...

  9. Brazil's Petrobras Sells $11 Billion, 6-Part Bond Deal -Source

    Brazilian oil company Petroleo Brasileiro SA (PBR, PETR3.BR, PETR4.BR) sold $11 billion worth of bonds Monday, the biggest emerging-market debt sale on record.The si...

  10. Petrobras Launches $11 Billion Bond Sale

    Brazilian state-run energy giant Petroleo Brasileiro SA (PBR, PETR4.BR) on Monday began its enormous 2013 financing campaign with one of the largest bond issues this...

  11. Brazil's Petrobras Selling Bonds to Raise $11 Billion

    Brazilian state-run energy giant Petroleo Brasileiro SA (PBR, PETR4.BR) on Monday began its enormous 2013 financing campaign with one of the largest bond issues this...

  12. Brazil's Petrobras Launches Sale of Bonds to Raise $11 Billion -Source

    Brazilian state-run energy giant Petroleo Brasileiro SA (PBR, PETR4.BR) on Monday began its enormous 2013 financing campaign with one of the largest bond issues this...

  1. Brazilian Real Barely Moves And Closes Slightly Weaker

    The Brazilian real was flat relative to the U.S. dollar Thursday afternoon, ending a day of very low volatility.The real exited active trading at BRL2.0251 to the do...

  2. Brazilian Stocks Lower on U.S. Data, Local Earnings

    Brazilian stocks were slightly lower Thursday morning amid weak U.S. data and a streak of disappointing earnings reported by some local companies.Around 9:14 a.m. ED...

  3. Analysis: Consumer stocks shine in emerging market profit gloom

    A broad collapse of company profits in the developing world shows no sign of abating, forcing investors to tilt portfolios towards sectors such as healthcare or cons...

  4. Brazil's BRF Raises $750 Million from Bond Issues to Refinance Debt

    Brazilian meatpacker BRF SA (BRFS, BRFS3.BR) raised $750 million from two overseas bond issues to refinance existing debt, deals that showed international investor a...

  5. Petrobras , Regulators to Appeal Halt on Refinery Work

    Brazilian environmental regulators will join state-run energy giant Petroleo Brasileiro (PBR, PETR4.BR) in appealing an injunction that halted work on a major refine...

  6. Brazil's Banco do Brasil Eyes Overseas Bond Issue

    Brazil's state-run Banco do Brasil (BDORY, BBAS3.BR), Latin America's biggest bank by assets, is likely to tap overseas capital markets with a bond issue later this ...

  7. Brazil Petrobras : Order Could Halt Construction of Comperj Refinery

    Brazilian state-run energy giant Petroleo Brasileiro (PBR, PETR4.BR), or Petrobras, said late Tuesday that it had been notified of a court order suspending environme...

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