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Sources: Eneva, a Brazilian company, is in negotiations with Maha to form a joint venture in Venezuela
08 Feb 2026 01:10 GMT
… matter said that Eneva, a Brazilian energy firm, is evaluating options … Sweden about forming a joint venture.
According to a source who … want to be identified, the Brazilian oil and gas producer was … an option to purchase a stake in Venezuelan oil fields run …
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TotalEnergies and Petrobras purchase land north of Namibia's massive Mopane discovery
07 Feb 2026 18:03 GMT
… oil giant, and Petrobras, the Brazilian firm acquired a 42 … billion gallons of oil.
Petrobras and TotalEnergies have been … geologically similar with Brazil.
Petrobras acquired stakes in offshore … challenges.
Maravilla's stake will be withdrawn from the …
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Citi bounces back in wholesale, investment banking
06 Feb 2026 22:47 GMT
Vis Raghavan joined Citi two years ago, after two decades at J.P. Morgan in London, to overhaul the bank’s global investment and wholesale banking operations. His hiring surprised the market, given the American institution’s traditional preference for …
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Ford Verona And VW Apollo: The Joint Venture You've Likely Forgotten About
06 Feb 2026 22:38 GMT
… Argentina, rendering the local currencies virtually worthless. This meant … and Volkswagen's Brazilian and Argentinian subsidiaries.
Quick … risking all of their Brazil-based operations, Ford and … majority of the venture with a 51 percent stake. With the …
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Petrobras acquires 42.5% stake in oil exploration block in Namibia
06 Feb 2026 19:42 GMT
Petrobras has acquired a stake in an oil exploration block off the coast of Namibia, in southwestern Africa. The area is located in the Lüderitz Basin and covers approximately 11,000 square kilometers (km²).
The information was disclosed in a material fact …
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Itaú stays bullish on 2026 despite political uncertainty
06 Feb 2026 18:58 GMT
Itaú Unibanco reiterated on Thursday (5) that it has never been so well positioned at the start of a year. The bank, led by CEO Milton Maluhy, had made the same assessment at the beginning of 2025 and went on to deliver record profit, exceeding its own …
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Global oil giant, Petrobras makes African comeback with new offshore oil acquisition
06 Feb 2026 19:19 GMT
Global energy heavyweight Petrobras has re-entered the African oil and gas landscape, securing a new offshore asset as part of a broader strategy to expand its international upstream portfolio and tap into high-potential deepwater resources.
The move comes …
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Analysis: The shadow of past crises over the Banco Master affair
06 Feb 2026 18:58 GMT
In the absence of any new developments—a leak, the start of a plea bargain or cooperation deal, or a bombshell revelation—the Banco Master scandal is, for now, politically contained. As long as Senate President Davi Alcolumbre does not set a date for the …
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Tunnel under Montevideo’s historic district foils bank raid plot, raises regional crime links
06 Feb 2026 18:41 GMT
Friday, February 6th 2026 - 17:37 UTC
Investigators described the tunnel as a purpose-built connection between the storefront and the sewer network, allowing the group to move underground toward its target
According to the Interior Ministry, the plot …
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Petrobras gets its hands on stake in Namibia’s offshore block
06 Feb 2026 18:39 GMT
Brazilian state-owned energy giant Petrobras has decided to … obtain a 42.5% stake in Block 2613 offshore … The acquisition is perceived to be aligned with the Brazilian player’ … Energy.
This acquisition step comes shortly after Petrobras revealed oil sales …