Landmark Bill Looks to Ease Pressure on Brazil’s Petrobras
Monday, 6th July 2015
Brazil’s congress is likely to pass a landmark bill that could ease financial pressure on state-controlled oil company Petrobras by opening the country’s biggest offshore oil discoveries to greater foreign and private investment.
Brazil Debates Laws on Subsalt Oil Development
Thursday, 2nd July 2015
Brazilian senators on Wednesday debated alternatives to a 2010 law that requires state-run oil firm Petrobras to take a minimum 30 percent stake in new development contracts and function as operator in Brazil's subsalt oil areas.