Odebrecht O&G to announce $5B debt restructuring: sources

May 16, 2017 0

Brazil’s offshore drilling firm, Odebrecht Óleo & Gás (OOG), is expected to make an out-of-court debt restructuring announcement early this week, after gaining support from more than 60% of its creditors, two people close to the matter said last Friday.

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Brazil’s industries partly spared extra power charge 🔒

April 13, 2017 0

Brazilian industrial power consumers have been partly spared an additional power tariff that will be charged in the second half of the year, after a federal court issued on Monday an injuction in their favor, Kallanish Energy learns from state-run utility Eletrobras.

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Petrobras to disclose new portfolio divestments by mid-April

April 4, 2017 0

Brazilian state-run oil firm, Petrobras, will present a new portfolio for divestment in within two weeks, in which it plans to detail the assets it will aim to dispose in order to raise its targeted $21 billion in the next two years, Kallanish Energy reports. 

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