The Brazilian NOC's senior unsecured debt and corporate family rating was lifted to 'B1' from 'B2' and its baseline credit assessment rose to 'B2' from 'B3', the rating agency said on Monday.
A report from the multilateral lender published Friday states than rather than solely investing more money, Latin American and Caribbean countries need to spend more efficiently on the right projects and sectors to improve infrastructure.
The government says demand for Bolivian pipeline imports will gradually fall as state-run company Petrobras connects new production platforms to pre-salt fields deep below the Atlantic ocean.
Distributor Gas Brasiliano is expanding its footprint in the northwest of the Brazilian state. CEO Walter Fernando Piazza Júnior tells BNamericas more.
The deal hands Brookfield and its partners control of a 2,500km pipeline network connecting Rio de Janeiro, São Paulo and Minas Gerais with Brazil's offshore oil and gas fields and the Gasbol pipeline from Bolivia.
Mexico's state oil company has disclosed four contracts it signed with the disgraced Brazilian engineering firm as it assists the attorney general's office with its investigations.