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Brazil commission to negotiate transfer of rights with Petrobras

RIO DE JANEIRO, Jan 17 (Reuters) - The Brazilian government on Wednesday created a commission to negotiate the terms of a so-called "transfer of rights" program with state-controlled oil company Petroleo Brasileiro SA (Petrobras).

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Shareholders in Brazil demand Petrobras match $3 billion U.S. settlement

RIO DE JANEIRO (Reuters) - Brazilian shareholders of state-controlled Petroleo Brasileiro SA are petitioning a Brazilian court to be paid on similar terms as those given to U.S. shareholders in a $2.95 billion settlement, a lawyer told Reuters on Thursday.

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UPDATE 5-Petrobras to pay $2.95 bln to settle U.S. corruption lawsuit

NEW YORK, Jan 3 (Reuters) - Brazil's state-controlled oil company Petroleo Brasileiro SA on Wednesday agreed to pay $2.95 billion to settle a U.S. class action corruption lawsuit, in what was said to be the biggest such payout in the United States by a foreign entity.

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Petrobras to pay $2.95 billion to settle U.S. corruption lawsuit

NEW YORK (Reuters) - Brazil's state-controlled oil company Petroleo Brasileiro SA on Wednesday agreed to pay $2.95 billion to settle a U.S. class action corruption lawsuit, in what was said to be the biggest such payout in the United States by a foreign entity.

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UPDATE 4-Petrobras to pay $2.95 bln to settle U.S. corruption lawsuit

NEW YORK, Jan 3 (Reuters) - Brazil's state-controlled oil company Petroleo Brasileiro SA on Wednesday agreed to pay $2.95 billion to settle a U.S. class action corruption lawsuit, in what was said to be the biggest such payout in the United States by a foreign entity.

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UPDATE 3-Brazil's Petrobras settles U.S. corruption class action for $2.95 bln

NEW YORK, Jan 3 (Reuters) - Brazil state-controlled oil company Petroleo Brasileiro SA said on Wednesday it had agreed to pay $2.95 billion to settle a U.S. class action brought by investors who claim they lost money as a result of a graft scandal.

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Brazil's Petrobras settles U.S. corruption class action for $2.95 billion

NEW YORK (Reuters) - Petroleo Brasileiro SA , Brazil's state-controlled oil company, said on Wednesday it has agreed to pay $2.95 billion to settle a U.S. class action brought by investors who claim they lost money as a result of a corruption scandal.

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UPDATE 1-Petrobras to pay $2.95 bln to settle U.S. class action over corruption

NEW YORK, Jan 3 (Reuters) - Brazil's state-controlled oil company, Petroleo Brasileiro SA, said on Wednesday that it has agreed to pay $2.95 billion to settle a U.S. class action brought by investors who claim they lost money as a result of a corruption scandal.

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Petrobras to pay $2.95 billion to settle U.S. class action over corruption

NEW YORK (Reuters) - Brazil's state-controlled oil company, Petroleo Brasileiro SA , said Wednesday that it has agreed to pay $2.95 billion to settle a U.S. class action brought by investors seeking to recoup money they claim to have lost as a result of a corruption scandal.

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Petrobras to pay $2.95 bln to settle U.S. class action over corruption

NEW YORK, Jan 3 (Reuters) - Brazil's state-controlled oil company, Petroleo Brasileiro SA, said Wednesday that it has agreed to pay $2.95 billion to settle a U.S. class action brought by investors seeking to recoup money they claim to have lost as a result of a corruption scandal.

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Brazilian regulator accuses Petrobras ex-executives of graft

SAO PAULO (Reuters) - Brazil's securities regulator formally accused eight former executives of state-run oil company Petroleo Brasileiro SA of corruption on Friday, as the world's largest graft investigation stretches deep into its third year.

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Brazil imports of refined products to hit at least 17-year high in 2017

RIO DE JANEIRO, Dec 29 (Reuters) - Brazil will import more refined oil products this year than any other since records began in 2000, as state-controlled oil giant Petroleo Brasileiro loses market share to private firms.

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Brazil's Petrobras says oil, gas auction bids not included in capex plan

SAO PAULO, Dec 22 (Reuters) - Brazil's state-run oil company Petroleo Brasileiro said on Friday it had not allocated money to bid in upcoming oil and gas auctions in its five-year capital spending plan, according to a presentation hosted by exploration and production director Solange Guedes.

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Petrobras enters binding phase for sale of two fertilizer units

RIO DE JANEIRO, Dec 19 (Reuters) - Brazil's state-run oil company Petroleo Brasileiro said on Tuesday it has begun the binding phase for the sale of two fertilizer units, Araucaria Nitrogenados SA and Unidade de Fertilizantes Nitrogenados III.

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Brazil's Petrobras receives $3 billion in China Development Bank loan

SAO PAULO, Dec 14 (Reuters) - Brazil's state-controlled oil company Petroleo Brasileiro SA on Thursday received $3 billion under a $5 billion loan from China Development Bank, the company said in a securities filing.

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BRIEF-S&P Lowers PDVSA's Debt Rating On Senior Unsecured Notes Due 2017 To 'D'

* SAYS PETROLEOS DE VENEZUELA DEBT RATING ON SENIOR UNSECURED NOTES DUE 2017 LOWERED TO 'D' ON MISSED INTEREST PAYMENT

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Mexichem says Pemex tie-up at blast site depends on insurance

MEXICO CITY, Nov 28 (Reuters) - Mexican chemicals company Mexichem said on Tuesday its future association with state oil firm Petroleos Mexicanos (Pemex) in a petrochemical plant on the Gulf Coast will depend on insurers' assessment of a major explosion that occurred last year.

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Brazil's Petrobras starts production in pre-salt Libra block

BRASILIA, Nov 27 (Reuters) - Brazil's state-controlled oil company Petroleo Brasileiro SA (Petrobras) and its partners began production in the pre-salt Libra block of the Santos basin on Sunday, a securities exchange filing showed.

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Crude oil output, exports at Mexico's Pemex rise in October

MEXICO CITY, Nov 24 (Reuters) - Production and exports of crude oil at Mexican state oil company Petroleos Mexicanos, or Pemex, increased in October, the firm said on Friday.

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Petrobras files distribution unit IPO documents with regulator

SAO PAULO, Nov 22 (Reuters) - Brazilian state-run oil company Petroleo Brasileiro SA has filed documents related to an initial public offering of its fuel distribution unit BR Distribuidora SA, it said in a filing on Wednesday.

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Brazil's Petrobras to discuss governance standards at December meeting

SAO PAULO, Nov 14 (Reuters) - Brazilian state-run oil company Petroleo Brasileiro SA will hold a shareholders' meeting on Dec. 15 to discuss the measures it will take while migrating to the Level 2 segment of the Sao Paulo stock exchange, it said in a statement on Tuesday.

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Petrobras says to migrate to Level 2 stock exchange standards this year

RIO DE JANEIRO, Oct 26 (Reuters) - Brazilian state-run oil company Petroleo Brasileiro SA expects to finish migrating to the Level 2 segment of the Sao Paulo Stock Exchange this year, investor relations director Isabela Carneiro da Rocha said on Thursday.

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Mexico's Pemex fires warehouse workers for oil theft

MEXICO CITY, Oct 17 (Reuters) - Mexican state oil company Petroleos Mexicanos (Pemex) said on Tuesday it would rescind contracts held by several workers at a warehouse and distribution center in the central state of Guanajuato as part of a strategy to combat oil theft.

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Petrobras says pension funds not party to $6.4 bln arbitration case

SAO PAULO, Oct 4 (Reuters) - Petroleo Brasileiro SA said Brazilian pension funds are not a party to arbitration proceedings levied against the state-controlled oil company in relation to a bribery and graft scheme that might have caused hefty losses to investors.

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Petrobras starts binding stage on proposed sale of Maromba field

SAO PAULO, Oct 3 (Reuters) - Brazil's state-controlled oil company Petroleo Brasileiro SA on Tuesday said it had started the binding stage for a proposed stake sale in the Maromba field, located in the Campos basin, according to a securities filing.

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UPDATE 2-Brazil's Temer says government not considering privatizing Petrobras

NEW YORK, Sept 20 (Reuters) - Brazil's President Michel Temer said on Wednesday state-run oil company Petroleo Brasileiro, a symbol of national sovereignty, would stay in public hands even as his government makes an aggressive privatization push.

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Brazil's Temer says government not considering privatizing Petrobras

NEW YORK, Sept 20 (Reuters) - Brazil's President Michel Temer said on Wednesday that despite his government's aggressive moves to privatize state companies, national oil company Petroleo Brasileiro, a symbol of national sovereignty, would remain under government control.

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Petrobras to make $2 bln capital injection into fuel distribution arm

SAO PAULO, Aug 25 (Reuters) - Brazil's state-run power company Petroleo Brasileiro said on Friday it will make a 6.3 billion real ($2 billion) capital injection into its wholly-owned fuel distribution arm Petrobras Distribuidora SA.

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Brazil police launch new phase of 'Car Wash' corruption probe

RIO DE JANEIRO (Reuters) - Brazil's federal police said on Wednesday they launched a new phase of the "Car Wash" corruption probe, targeting individuals who allegedly favored a private contractor to win business from state-run oil company Petroleo Brasileiro SA.

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UPDATE 1-Ex-Petrobras CEO Bendine charged with corruption in Brazil

RIO DE JANEIRO, Aug 22 (Reuters) - Brazilian prosecutors on Tuesday charged Aldemir Bendine, the former chief executive of state-controlled oil firm Petroleo Brasileiro SA, with corruption, alleging he used his position to take bribes from construction firm Odebrecht.

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Brazilian police extend Car Wash graft probe

RIO DE JANEIRO (Reuters) - Brazilian police on Friday announced two new phases of their Car Wash anti-corruption probe into alleged graft, misappropriation of public funds and money laundering through the hiring of large companies by Petroleo Brasileiro.

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RPT-Petrobras prepays $333 mln in 2018 debt, borrows $650 mln due in 2022

SAO PAULO, Aug 3 (Reuters) - Brazil's Petroleo Brasileiro SA prepaid a $333 million debt to Bank of Tokyo-Mitsubishi due in 2018 and borrowed $500 million from the Japanese bank due in 2022, the state-controlled oil company said in a securities filing on Thursday.

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Petrobras prepays $333 mln in 2018 debt, borrows $650 mln due in 2022

SAO PAULO, Aug 3 (Reuters) - Brazil's Petroleo Brasileiro SA prepaid a $333 million debt to Bank of Tokyo-Mitsubishi due in 2018 and borrowed $500 million from the Japanese bank due in 2022, the state-controlled oil company said in a securities filing on Thursday.

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Brazil's Petrobras and Odebrecht in talks to revise Braskem shareholder accord -filing

SAO PAULO, July 18 (Reuters) - Brazil's Petroleo Brasileiro SA began discussions with construction company Odebrecht SA to revise the shareholder accord in petrochemical company Braskem SA, the oil company said on Tuesday.

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Brazil approves long-term tests at Petrobras Libra platform

SAO PAULO, July 18 (Reuters) - Brazil's environmental agency Ibama has issued an operating license for long-term tests at the Pioneiro de Libra floating platform operated by Petroleo Brasileiro SA, according to a statement on the agency's website on Tuesday.

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Brazil clears Petrobras, advisors of wrongdoing in 2010 share offer

RIO DE JANEIRO (Reuters) - Brazil's securities industry watchdog on Tuesday cleared Petroleo Brasileiro SA , former management and financial advisors of wrongdoing over alleged irregularities relating to the state-controlled oil company's $70 billion share offering in September 2010.

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Petrobras corruption class actions need changes -U.S. appeals court

July 7 (Reuters) - A U.S. judge must redefine which groups of investors can sue Brazilian state-controlled oil firm Petroleo Brasileiro SA in their bid to recoup billions of dollars of alleged losses tied to its corruption scandal, a U.S. appeals court said on Friday.

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Brazil's Petrobras cuts gasoline and diesel prices

SAO PAULO, June 14 (Reuters) - Brazil's state-controlled oil company Petroleo Brasileiro SA reduced on Wednesday its average prices at refineries by 2.3 percent for gasoline and 5.8 percent for diesel, the company said in a securities filing.

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Brazil's Petrobras says political turmoil unlikely to affect asset sales

RIO DE JANEIRO, June 1 (Reuters) - Brazil's state-controlled oil company Petroleo Brasileiro SA does not expect political turmoil caused by a massive corruption investigation to affect its asset sales and debt reduction program, Chief Executive Officer Pedro Parente said Thursday.

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UPDATE 1-Brazil's Petrobras says April output steady at 2.72 mln barrels/day

SAO PAULO, May 17 (Reuters) - Brazilian state-controlled oil company Petroleo Brasileiro SA said its oil and natural gas output held steady in April at 2.72 million barrels of oil equivalent per day, according to a securities filing on Wednesday.

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Brazil's Petrobras says April output 2.72 mln barrels/day

SAO PAULO, May 17 (Reuters) - Brazilian state-controlled oil company Petroleo Brasileiro SA said its oil and natural gas output in April was 2.72 million barrels of oil equivalent per day, according to a securities filing on Wednesday.

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Brazil's Petrobras wins $1.8 bln tax ruling from 2009

SAO PAULO, May 12 (Reuters) - Brazilian state-controlled oil company Petroleo Brasileiro SA said tax court CARF has made a final ruling in favor of the company in a case regarding a deduction of 5.8 billion reais ($1.8 billion) related to 2009 drilling expenses.

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EMERGING MARKETS-Brazilian stocks up, Mexico says NAFTA talks set for Aug.

(Updates prices, adds JBS development, NAFTA talks) By Bruno Federowski SAO PAULO, May 12 (Reuters) - Brazilian stocks rose on Friday for the fourth straight day as Petroleo Brasileiro SA shares hit an 11-week high after the state-controlled oil company reported its strongest operating profit ever. Preferred shares of Petrobras, as the company is known, jumped as much as 5.1 percent after earnings before interest, tax, depreciation and amortization rose 19 percent to 25.254 billion

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UPDATE 2-Petrobras sees room for more efficient payroll, capex

RIO DE JANEIRO, May 12 (Reuters) - Petroleo Brasileiro SA has room to improve the efficiency of its investments and payroll spending, executives said on Friday, underscoring that a record first-quarter operating profit was just an early sign of what their turnaround plan can accomplish.

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Petrobras expects asset sales to bring $8 bln in cash this year

SAO PAULO, May 12 (Reuters) - Petroleo Brasileiro SA expects to generate $8 billion of liquidity from asset sales this year, the state-controlled Brazilian oil firm told investors in a presentation on Friday.

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Petrobras produced 2.74 mln barrels of oil equivalent/day in March

BRASILIA, April 13 (Reuters) - Brazilians state-run oil company Petroleo Brasileiro SA said on Thursday it produced 2.74 million barrels of oil equivalent per day in March.

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Brazil's Petrobras to raise liquified gas prices by 9.8 pct

SAO PAULO, March 17 (Reuters) - Brazil's state-run oil company Petroleo Brasileiro SA, or Petrobras, on Friday said it will raise prices for liquified petroleum gas (LPG) by 9.8 percent in the Brazilian market. (Reporting by Marcelo Teixeira; editing by Diane Craft)

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UPDATE 3-Brazil audit court clears Petrobras to restart asset sales

BRASILIA, March 15 (Reuters) - Brazil's federal audit court TCU on Wednesday allowed state-run oil company Petroleo Brasileiro SA to proceed with its divestment program, but required the company to restart the process except for two projects.

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Brazil's watchdog asks Petrobras to restate financial reports from 2013-2015

SAO PAULO, March 8 (Reuters) - Brazil's stock market regulator CVM has asked state controlled oil company Petroleo Brasileiro SA to restate its annual financial statements for 2013, 2014 and 2015 to include the impact of currency rate hedges.

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Petrobras undecided over outright sale of refining assets -source

SAO PAULO, Feb 2 (Reuters) - Petroleo Brasileiro SA remains undecided about the sale of some refineries, a sign Brazil's state-controlled oil company might be leaning toward forming partnerships by...

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Brazil audit court delays decision on Petrobras asset sales

BRASILIA, Feb 1 (Reuters) - Brazil's federal audit court on Wednesday postponed a decision regarding asset sales by state-controlled oil company Petroleo Brasileiro SA, leaving in place a court order blocking new deals in the company's divestment program.

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CORRECTED-Petrobras shareholders approve Liquigas sale for $816 mln

SAO PAULO, Jan 31 (Reuters) - Shareholders in Brazil's state-controlled oil company Petroleo Brasileiro SA approved on Tuesday the sale of Liquigas Distribuidora SA to a unit of Ultrapar Participações SA for 2.57 billion reais ($816 million), according to a securities filing.

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Brazil's Petrobras says judge orders suspension of Suape and Citepe sale

BRASILIA, Jan 31 (Reuters) - Brazil's state-run oil company Petroleo Brasileiro SA said on Tuesday a judge had ordered the suspension of the sale of petrochemical companies Suape and Citepe.

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Brazil's Petrobras reduces diesel and gasoline prices at refineries

SAO PAULO, Jan 26 (Reuters) - Brazil's state-run oil company Petroleo Brasileiro SA announced on Thursday it is reducing diesel and gasoline prices at refineries, reflecting the fall in international petroleum products prices and the appreciation of the local currency against the dollar.

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Brazil's Petrobras says investors are suing its subsidiaries in Netherlands

SAO PAULO, Jan 24 (Reuters) - Brazil's state-run oil company, Petroleo Brasileiro SA, said on Tuesday in a securities filing that a group of investors is suing two of its subsidiaries in a court in...

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Brazil's Petrobras, joint venture hand back Piracucá oil concession

SAO PAULO, Jan 3 (Reuters) - Brazil's state-controlled oil company Petroleo Brasileiro SA and Repsol Sinopec, a joint Spanish-Chinese venture in the country, are handing back exploration rights at the Piracucá field in the Santos basin due to lack of commercial viability, the companies said.

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Brazil's Petrobras finalizes sale of Nansei Sekiyu for $165 mln

SAO PAULO, Dec 29 (Reuters) - Brazil's state-run oil company Petroleo Brasileiro SA closed the sale of a 100 percent stake in Nansei Sekiyu to Taiyo Oil Company, according to a securities filing on Thursday.

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UPDATE 1-Brazil's Petrobras sells $587 mln in assets, misses two-year target

SAO PAULO, Dec 28 (Reuters) - Brazil's state-run oil company, Petroleo Brasileiro SA, on Wednesday announced the sale of ethanol and petrochemicals assets for $587 million, but said it would still...

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Brazil's Petrobras says missed 2015-2016 asset sale target

SAO PAULO, Dec 28 (Reuters) - Brazil's state-run oil company Petroleo Brasileiro SA said it will miss its target for asset divestment in 2015-2016 despite two sales announced on Wednesday that will...

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Brazil's Petrobras sells petchem firms to Mexico's Alpek for $385 million

SAO PAULO (Reuters) - Brazil's state-run oil company Petroleo Brasileiro SA said on Wednesday its board approved the sale of two petrochemical companies, Petroquimica Suape and Citepe, to Mexico's...

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Brazil's Petrobras sells petchem firms to Mexico's Alpek for $385 mln

SAO PAULO, Dec 28 (Reuters) - Brazil's state-run oil company Petroleo Brasileiro SA said on Wednesday its board approved the sale of two petrochemical companies, Petroquimica Suape and Citepe, to Mexico's Alpek SAB de CV for $385 million.

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Brazil's Petrobras sells stake in ethanol company Guarani for $202 million

SAO PAULO (Reuters) - Brazil's state-run oil company Petroleo Brasileiro SA said on Wednesday it had sold its stake in the ethanol company Guarani for $202 million to France's biggest sugar group...

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Argentine province to auction six Vaca Muerta oil, gas blocks -media

BUENOS AIRES, Dec 24 (Reuters) - Gas y Petroleo del Neuquen SA (GyP), the oil and gas company owned by Argentina's Neuquen province, plans to auction exploration rights to six blocks in the Vaca Muerta shale play, local media reported on Saturday.

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Brazil's Petrobras employees in Campos Basin approve strike

RIO DE JANEIRO, Dec 22 (Reuters) - Employees at Brazilian state-controlled oil company Petroleo Brasileiro SA working at Campos Basin, the largest oil-producing area in the country, approved a strike to begin Friday, an oil workers union said.

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UPDATE 1-Petrobras to sell Total $2.2 bln worth of assets, including oilfields

RIO DE JANEIRO, Dec 21 (Reuters) - Petroleo Brasileiro SA said on Wednesday it will sell $2.2 billion worth of assets to France's Total SA, including stakes in oilfields and two thermal power stations.

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Petrobras inks $2.2 bln deal with Total to sell assets

BRASILIA, Dec 21 (Reuters) - Petroleo Brasileiro SA said on Wednesday it agreed with France's Total SA to sell $2.2 billion worth of assets that include stakes in oilfields and two thermal power stations.

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Brazil's Petrobras hires KPMG as auditor, replacing PwC

SAO PAULO, Dec 21 (Reuters) - Brazil's state-run oil company Petroleo Brasileiro SA has appointed KPMG as its new auditing firm for three years starting in 2017, replacing PricewaterhouseCoopers, Petrobras said in a securities filing on Wednesday. (Reporting by Silvio Cascione; editing by David Clarke)

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Brazil's Petrobras starts oil and gas production in Lapa field

SAO PAULO, Dec 20 (Reuters) - Brazil's state-run oil company Petroleo Brasileiro SA has started to pump oil and natural gas from the subsalt field of Lapa, in the Santos basin, the company said in a securities filing on Tuesday.

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Odebrecht ex-exec says Brazil president negotiated donation -report

SAO PAULO, Dec 16 (Reuters) - A former senior executive at Odebrecht SA testified that Brazilian President Michel Temer took part in a 2010 meeting regarding donations to his party in return for deals with state oil company Petroleo Brasileiro SA, Folha de S.Paulo reported on Friday.

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UPDATE 2-Petrobras pension fund calls for probe of Bradesco, Caixa

SAO PAULO, Dec 14 (Reuters) - The pension fund for oil company Petroleo Brasileiro SA's employees on Wednesday called for securities industry watchdog CVM to investigate some of Brazil's largest asset managers over allegations of irregularities, a statement said.

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UPDATE 1-Petrobras pension fund calls for probe of Bradesco, Caixa

SAO PAULO, Dec 14 (Reuters) - The pension fund for oil company Petroleo Brasileiro SA's employees called on Wednesday for securities industry watchdog CVM to investigate some of Brazil's largest...

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Petrobras pension fund calls for probe of Bradesco, Caixa

SAO PAULO, Dec 14 (Reuters) - The pension fund for oil company Petroleo Brasileiro SA's employees called on Wednesday for securities industry watchdog CVM to investigate some of Brazil's largest...

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Pemex bond success buoys LatAm issuance hopes

NEW YORK, Dec 8 (IFR) - A blowout bond deal from state-owned Mexican oil company Petroleos Mexicanos (Pemex) this week has stoked hopes of a strong start to 2017 for Latin American issuance.

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Brazil audit court blocks new Petrobras asset sales -report

SAO PAULO, Dec 7 (Reuters) - Brazil's federal audit court has issued an injunction against new asset sales by state-run oil company Petroleo Brasileiro SA, or Petrobras, while the court reviews its divestment procedures, according to a report publishing on the Globo media group's G1 website on Wednesday.

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BRIEF-Fitch affirms Petroleos de Venezuela S.A.'s (PDVSA) ratings at 'CC'

* Fitch affirms Petroleos de Venezuela S.A.'s (PDVSA) ratings at 'CC' Source text for Eikon:

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UPDATE 1-Investors rush to new Pemex US dollar bond deal

NEW YORK, Dec 6 (IFR) - Investors flocked to a new US$5.5bn bond from Mexican state-owned oil company Petroleos Mexicanos (Pemex) Tuesday, the first dollar deal from a Latin American borrower since November 10.

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Pemex launches US$5.5bn three tranche bond: lead

By John Balassi NEW YORK, Dec 6 (IFR) - Here is the pricing progression on the new bond offering from Petroleos Mexicanos (Pemex), rated Baa3/BBB+/BBB+, expected to price later on Tuesday, according to one of the lead managers. The bond is the first from a LatAm issuer in US dollars since Nov. 10, according to IFR data. SIZE MATURITY IPTs (T+) GUIDANCE LAUNCH (US$,BN) 1.5 5yr FXD 6%-low 6% 5.625% area* 5.5% 1

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UPDATE 1-Pemex selling up to three-part US dollar benchmark bond

(Adds guidance) By Mike Gambale NEW YORK, Dec 6 (IFR) - Here is the pricing progression on the new bond offering from Petroleos Mexicanos (Pemex), rated Baa3/BBB+/BBB+, expected to price...

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Books for Pemex US dollar bond reach US$30bn: lead

NEW YORK, Dec 6 (IFR) - Books for a new up to three-part US dollar bond from Petroleos Mexicanos have reached US$30bn, according to a lead on the deal.

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Books on Pemex US dollar bond reach US$19bn: lead

NEW YORK, Dec 6 (IFR) - Investors have placed US$19bn of orders for a new US dollar bond from Petroleos Mexicanos (Pemex), one of the bankers managing the deal told IFR.

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Pemex selling up to three-part US dollar benchmark bond: lead

By Mike Gambale NEW YORK, Dec 6 (IFR) - Here is the pricing progression on the new bond offering from Petroleos Mexicanos (Pemex), rated Baa3/BBB+/BBB+, expected to price later on Tuesday, a banker on the deal told IFR. The bond is the first from a LatAm issuer in US dollars since Nov. 10, according to IFR data. SIZE MATURITY IPTs (T+) TBD 5yr FXD 6%-low 6% TBD 5yr FRN Libor equiv TBD 10yr FXD 7%-low 7% Active bookrunners: Bank of America Merril

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UPDATE 1-Brazil court blocks sale of Petrobras fuels distribution unit

SAO PAULO, Dec 5 (Reuters) - A Brazilian federal court issued an injunction to block the sale of the fuels distribution unit of state oil company Petroleo Brasileiro SA (Petrobras) after a request by workers, according to the court's press office.

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Brazil court blocks sale of Petrobras fuels distribution unit

SAO PAULO, Dec 5 (Reuters) - A Brazilian federal court issued an injunction to block the sale of the fuels distribution unit of state oil company Petroleo Brasileiro SA (Petrobras) after a request by workers, according to the court's press office.

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BRIEF-Petro Vista Energy says got approval from Brazil National Oil Agency to close sale of Petro Vista Energy Petroleo Do Brasil

* Petro Vista Energy Corp says gets approval from Brazil National Oil Agency to close sale of Petro Vista Energy Petroleo Do Brasil Ltda Source text for Eikon: Further company coverage:

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Brazil's Petrobras settles 11 claims in U.S. class action suit

SAO PAULO, Nov 23 (Reuters) - Brazil's state-run oil company Petroleo Brasileiro SA said on Wednesday that it reached deals to settle 11 suits that are part of a class action suit against the company in the New York Federal Court of the United States. (Reporting by Reese Ewing; Editing by Chris Reese)

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Petrobras to review workers profit-sharing pact, paper says

SAO PAULO, Nov 22 (Reuters) - Petroleo Brasileiro SA , the world's most indebted large oil company, is reviewing terms of a profit-sharing accord with workers, as rifts between the Brazilian state-controlled company and unions escalate, the Valor Econômico newspaper reported on Tuesday.

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UPDATE 3-Petrobras approves Liquigás sale to Ultrapar

SAO PAULO, Nov 17 (Reuters) - Brazil's Petroleo Brasileiro SA has approved the sale of its liquefied petroleum gas unit to Ultrapar Participações SA, as Brazil's state-controlled firm disposes of assets to reduce the largest debt burden among global oil producers.

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Petrobras to announce sale of gas distribution unit to Ultrapar: source

SAO PAULO (Reuters) - Brazil's state-run oil company Petroleo Brasileiro SA is close to announcing the sale of its liquefied petroleum gas distribution unit Liquigás Distribuidora SA to industrial...

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UPDATE 1-Petrobras to announce sale of gas distribution unit to Ultrapar -source

SAO PAULO, Nov 17 (Reuters) - Brazil's state-run oil company Petroleo Brasileiro SA is close to announcing the sale of its liquefied petroleum gas distribution unit Liquigás Distribuidora SA to...

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Petrobras CEO says expects more divestitures in oil industry

NEW YORK, Nov 15 (Reuters) - Global upstream investment is likely to fall next year and industry divestitures could reach $35 billion, the head of Brazil's state-run oil company Petroleo Brasileiro SA said on Tuesday.

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U.S. appeals court hears arguments on scope of Petrobras class action

NEW YORK (Reuters) - Attorneys for Brazil's state-controlled oil company, Petroleo Brasileiro SA, asked a U.S. federal appeals court on Wednesday to decertify a class of investors trying to recoup billions of dollars in losses stemming from a sprawling corruption scandal.

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US appeals court hears arguments on scope of Petrobras class action

NEW YORK, Nov 2 (Reuters) - Attorneys for Brazil's state-controlled oil company, Petroleo Brasileiro SA, asked a U.S. federal appeals court on Wednesday to decertify a class of investors trying to recoup billions of dollars in losses stemming from a sprawling corruption scandal.

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BRIEF-Petrobras concludes $1.2 bln financing with Banco Santander SA

Oct 28 (Reuters) - Brazil's state-controlled oil company Petroleo Brasileiro SA Petrobras says:

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BRIEF-Petrobras' Transpetro says cancels 17 ship orders - executive

Oct 27 (Reuters) - President of Transpetro, the logistics arm of Brazilian oil company Petroleo Brasileiro SA (Petrobras) , Antonio Silvino says on Thursday:

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Petrobras pushing to re-engage companies involved in graft scandal

RIO DE JANEIRO, Oct 26 (Reuters) - Brazil's state-controlled oil firm Petroleo Brasileiro SA is studying with authorities how to start working again with contractors who were snared in a vast corruption probe, governance director João Elek said on Wednesday.

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Swiss give U.S. $51 million in frozen assets in PDVSA investigation

ZURICH (Reuters) - Switzerland has given around $51 million in formerly frozen assets to the United States in connection with a U.S. investigation into alleged corruption at oil company Petroleos de Venezuela S.A. (PDVSA), authorities said on Tuesday.

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Swiss give U.S. $51 mln in frozen assets in PDVSA investigation

ZURICH, Oct 25 (Reuters) - Switzerland has given around $51 million in formerly frozen assets to the United States in connection with a U.S. investigation into alleged corruption at oil company Petroleos de Venezuela S.A. (PDVSA), authorities said on Tuesday.

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UPDATE 1-Petrobras, Total team up for Brazil exploration, power projects

RIO DE JANEIRO, Oct 24 (Reuters) - The chief executives of Brazil's Petroleo Brasileiro SA and France's Total SA said on Monday they plan to team up in new exploration, distribution and power...

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Petrobras says forming alliance with Total for oil and gas projects

RIO DE JANEIRO, Oct 24 (Reuters) - Brazil's Petroleo Brasileiro SA and France's Total SA agreed on Monday to study opportunities for joint developments in the exploration and production of oil and gas, in Brazil and abroad, Petrobras said in a statement.

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Tereos starts talks with Petrobras to buy rest of Brazil sugar business

PARIS/SAO PAULO (Reuters) - France's Tereos [TEREO.UL] has started talks to acquire Petroleo Brasileiro SA's 45.9 percent minority stake in their joint venture Guarani, as Brazil's state-owned oil...