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India's state-owned BPCL signs $780 million oil contract with Brazil's Petrobras
23 Jan 2026 21:00 GMT
India's Bharat Oil Corp Ltd. will purchase?12,000,000 oil barrels from Brazil's Petrobas for $780 million in fiscal 2027. This is?twice as much as its contract with Petrobas 2026, and will be used to replace Russian oil. A government statement was …
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Brazil police target Rio pension fund in probe linked to Banco Master, sources say
23 Jan 2026 19:03 GMT
RIO DE JANEIRO/BRASILIA, Jan 23 (Reuters) – Brazil’s federal police on Friday served search and seizure warrants against Rio de Janeiro state’s pension fund in the latest development tied to the collapse of lender Banco Master, three sources told …
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Indian Refiner BPCL to Sign $780 Million Oil Supply Deal With Petrobras
23 Jan 2026 17:39 GMT
India’s state-owned refiner Bharat Petroleum Corporation Limited (BPCL) is set to sign next week an oil supply deal with Brazilian state giant Petrobras for the delivery of 12 million barrels of crude, valued at about $780 million.
The signing of the …
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India to import Brazilian crude oil, State-run BPCL to sign sourcing deal with Petrobras
23 Jan 2026 17:35 GMT
Hardeep Singh Puri, Petroleum Minister
| Photo Credit:
bl-online Administrator
India’s state-run Bharat Petroleum Corporation Limited (BPCL) is set to sign a term contract to source 12 million barrels of crude oil from Brazil’s Petrobras, valued at about $ …
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State-run BPCL to sign $780 mn crude sourcing deal with Brazil's Petrobras
23 Jan 2026 17:01 GMT
State-run Bharat Petroleum Corp. Ltd (BPCL) will sign a contract with Brazil's Petrobras next week to supply 12 million barrels of crude oil a petroleum ministry statement said, as India continues to diversify its sourcing beyond Russia and West Asia.
…
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Bharat Petroleum, Brazil’s Petrobras enhance quantum of erstwhile crude oil supply deal
23 Jan 2026 16:55 GMT
… crude oil from Brazil’s Petrobras, according to a government … 12 million barrels of Brazilian crude from the state- … commercial agreement with the Brazilian state-owned oil entity … Other than the Bharat Petroleum-Petrobras deal, the document informed that …
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Bharat Petroleum to sign $780 million oil deal with Brazil's Petrobras
23 Jan 2026 15:01 GMT
Union Minister for Petroleum and Natural Gas Shri Hardeep Singh Puri during the Curtain Raiser Press Conference on IEW 2026, on Friday, January 23, 2026. Photo credit: PIB
Bharat Petroleum Corp Ltd will buy 12 million oil barrels for $780 million from …
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Brazil central bank to start cutting rates in March to boost weak economy
23 Jan 2026 14:48 GMT
By Gabriel Burin
BUENOS AIRES, Jan 23 (Reuters) – Brazil’s central bank will likely start cutting interest rates for the first time in nearly two years in March to boost a weak economy, according to economists polled by Reuters.
Lower interest rates, …
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India says state-run BPCL to sign $780 million oil deal with Brazil’s Petrobras
23 Jan 2026 14:19 GMT
NEW DELHI: India’s Bharat Petroleum Corp Ltd will buy 12 million oil barrels for $780 million from Brazil’s Petrobas in fiscal 2027, twice
the size of its 2026 contract, to partly replace Russian oil, a government statement said on Friday.
Indian refiners …
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Itaú CEO says investors are eyeing Brazil but warn of election risks
23 Jan 2026 13:30 GMT
… will emerge to challenge Brazilian President Luiz Inácio Lula … specific cases due to banking secrecy and the … reallocations into emerging markets. Stock markets are performing well, and … already seeing results at Itaú Unibanco. We’ve improved productivity …