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SAO PAULO: Brazil’s Petroleo Brasileiro SA is said to have raised about US$2.3bil (RM9.6bil) in the biggest share sale in Latin America so far this year.
PETALING JAYA: Among the oil and gas service providers, Yinson Holdings Bhd is seen to be ahead of its peers on the energy transition path.
KUALA LUMPUR: RHB Research has upgraded Yinson Bhd to "buy" as the latter emerged as the sole bidder for Petrobras's PDB project with a contract expected to be signed by 3Q21.
OVER the past week, Yinson Holdings Bhd has drawn investors’ attention after an entry in an online forum made some allegations about the group’s state of financials.
PETALING JAYA: Yinson Holdings Bhd will need to put in the best front-end engineering design (pre-Feed) for two floating production storage and offloading (FPSO) projects in Angola and Suriname, as the group is competing with two to three other global players.
RIO DE JANEIRO: Petrobras board member Marcelo Gasparino has tendered his resignation, the state-run oil firm said on Friday, just four days after his election to the post, creating a potential eleventh-hour hurdle for its nearly complete management transition.
SAO PAULO (Reuters) - Under attack from all sides, Brazilian President Jair Bolsonaro did what might have been expected of a former army captain - he went on the offensive.
RIO DE JANEIRO (Reuters) - Travel across Brazil and you'll spot signs almost everywhere for BR Distribuidora, the owner of South America's largest gas station chain. The familiar green-and-yellow logo of the company, formerly a unit of state oil giant Petrobras, is a fixture in big cities and hamlets alike.
SAO BERNARDO DO CAMPO, Brazil (Reuters) - Former Brazilian President Luiz Inacio Lula da Silva and President Jair Bolsonaro on Wednesday both fired an early starting gun on a 2022 election set to be dominated by the raging pandemic, a weak economy and deep political polarization.
RIO DE JANEIRO: A fifth board member at Brazil’s Petrobras will step down, the company said as of yesterday, and the state-run oil producer’s shares tumbled more than 3% as management turmoil showed no signs of abating