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Tag: BP

By Mira Olson, Senior Contributing Reporter RIO DE JANEIRO – Brazilian Environmental Minister Izabella Teixeira announced on Monday, July 26th, that the National Contingency Plan (PNC) for open sea oil exploration and production will be in place by September. The...
Editorial RIO DE JANEIRO - We've already spent some time covering the BP Oil disaster in the Gulf of Mexico, and relating that to the Brazilian Pre-Salt exploration underway. One silver-lining is that it's given Brazil some warning and...
By Jewellord T. Nem Singh, Contributing Reporter RIO DE JANEIRO - Drilling rig Deepwater Horizon exploded in the Gulf of Mexico in April 20th, taking eleven lives, and continues to leaks 1,000 barrel per day. British Petroleum (BP), the main...
By Carlos Graffigna, Contributing Reporter RIO DE JANEIRO - Continuing with what has been their main business focus over decades, oil giant BP purchased from Devon Energy their assets off the coast of Brazil, allowing them to use their renowned...
By Sarah Coursey, Editor RIO DE JANEIRO - With an economy that grew 600 percent in the last ten years – a boom greater than China's – Macaé is a city bubbling in new business, most of it lubricated by the...
By Sarah Coursey, Editor RIO DE JANEIRO - The second confirmation of a dry well in the Santos Basin pre-salt area was announced by BG Group PLC this week, causing share prices to drop for the company. There were no traces...
By Bruno De Nicola, Contributing Reporter RIO DE JANEIRO - Spain's oil giant, Repsol, announced last week the discovery of a new offshore oil well in the BM-S-48 Block of the pre-salt area, around 257 kilometers off the São Paulo...

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