Petrobras Asset Divestment To Bolster Balance Sheet Ahead Of Mammoth Capex Plan

Finance / Bolivia Petrobras's planned US$13.6bn asset-divestment plan is a positive step towards bolstering the company's balance sheet as it undertakes the world's largest capital-spending programme. We think the company...

Petrobras To Continue Heavy Downstream Spending As Domestic Fuel Demand Rises

Finance / Brazil Rising Brazilian demand for refined products will force Petrobras to continue to invest heavily in its downstream business, much to the disappointment of the company's private investors.

Petrobras Business Plan Update Pushes E&P In Nod To Private Investors

Finance / Brazil Investors should welcome this shift towards greater upstream spending, which should offer some short-term upside risk to the company's share price. The sheer scale of the upstream projects the company...

Rewards Outweigh Risks As BG Commits To Bolivian Gas Development

Companies / Bolivia BMI View: BG's plan to invest US$500mn in Bolivia's gas industry signifies a greater commitment to the country, where it has made no new investments since the nationalisation of hydrocarbon assets in...

New Concessions Not Enough To Lure Back Lost Foreign Investment

Economy / Bolivia News that Bolivia is to offer new gas-exploration concessions shows that the government recognises the acute problems facing its crucial natural gas sector and the need for foreign investment to improve...