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Rosneft Brasil prepares to commence operations in Solimoes Basin by next year

2016-11-28 01:00:00| Hydrocarbons Technology

Rosneft's 100%-owned subsidary Rosneft Brasil and Queiroz Galvo Óleo e Gás have signed an agreement to charter an onshore drilling rig and associated rig services.

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Telefonica Brasil CEO quits

2016-10-11 02:00:00| Total Telecom industry news

Eduardo Navarro to replace Amos Genish from January 2017.

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Sonardyne Brasil provides acoustics technology for Fugros flagship Brazilian vessel

2016-09-29 01:00:00| Ship Technology

Global technology group Sonardyne Brasil has supplied specific acoustic positioning technology for Fugros flagship Brazilian vessel, Fugro Aquarius.

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Brasil Kirin Participaçes e Representaçes SA in Alcoholic Drinks (Brazil)

2016-06-17 02:00:00| Beverage industry market research - from just-drinks.com

The company, which owns brands such as Nova Schin and Devassa, has been investing highly in diversifying its portfolio to include premium beer.

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TIM Brasil Q1 profit plummets 60%, replaces CEO

2016-05-12 08:45:00| Telecompaper Headlines

(Telecompaper) TIM Brasil has replaced its CEO Rodrigo Abreu with Stefano De Angelis after reporting first quarter net income down 59.7 percent to BRL 127.9 million compared to BRL 317.4 million a year earlier. Describing the first three months of the year as a "tough" quarter, the Brazilian operator also reported net revenues down 15.3 percent to BRL 3.85 billion compared to BRL 4.55 billion a year earlier, with a 14.3 percent rise in fixed failing to offset a 9.2 percent decline in mobile. EBITDA fell 16.6 percent to BRL 1.121 billion, affected by a number of factors, including Brazil's worst recession in decades, costs to reduce personnel and provisions for customers' unpaid accounts, which rose 26 percent year on year. However, ARPU was up 3 percent year on year, confirming the positive trend started in the previous quarter.

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