Petrobras Mining News

Vale CEO Murilo Ferreira to lead Petrobras

Vale's Murilo Ferreira has been nominated as Petrobras' next board chairman, while the company still scrambles to deal with the fallout from a vast corruption scandal.

Former car dealer is Brazil’s new mining and energy minister

Eduardo Braga (54) takes over a ministry dealing with an alleged kickback and bribery scheme at state-run oil company Petrobras.

How China got a firm grip on 90% of Ecuador's oil

Through a series of financing deals with state-owned oil company PetroEcuador, China has coaxed the Latin American country into submission.