Macaé Real Estate Market Set to Grow
With a ballooning population, construction of high-end hotels and housing developments fueled by the expansion of the oil and gas...
March 12, 2013Topic
Campos Basin
Brazil May Vote on Oil Royalties Again
Deputies and senators from non-oil producing states have secured enough signatures to force a vote on President Dilma Rousseff’s partial...
December 11, 2012
Chevron Says Brazil Ban Overturned
A Brazilian court has overturned a ban that prevented Chevron from operating in Brazil, according to a statement by the...
December 4, 2012
Brazil to Auction New Oil Concessions
The Brazilian government has announced that it will restart oil exploration rights auctions in 2013, ending a five-year hiatus.
September 25, 2012
Petrobras Faces ANP Call to Up Investment
Brazil’s National Oil Agency (ANP) has said it may ask Petrobras, Brazil’s state-directed oil company, to increase investments in up...
September 18, 2012
Chevron Appeals Drilling Ban in Brazil
Chevron last week appealed a recent court injunction banning it, and drilling company Transocean, from operating in Brazil following the...
August 21, 2012
Petrobras Sees Worst Quarter in 13 Years
Petrobrás, Brazil’s semi-public oil producer, suffered losses of R$1.35 billion in the second semester of this year, the company’s worst...
August 7, 2012
Petrobras to Invest US$5.6B by 2016: Daily
Solange Guedes, executive manager of Petrobras Exploration and Production, announced on Monday that they will invest US$5.6 billion in the...
July 31, 2012
Change of Prosecutor in Chevron Case
A Brazilian judge has moved the two R$20 billion civil cases against Chevron and Transocean, for offshore oil leaks in...
April 17, 2012