Brazil’s Petrobras May Pay Billions in U.S. Class Action Case
A class action suit filed in the United States on behalf of stock investors at the New York Stock Exchange...
June 6, 2016Topic
oil and gas
ANP Says Brazil Pre-Salt Production Increases Six Percent
The ANP in Brazil reports that the production of oil and gas in the pre-salt fields recorded an increase of...
April 5, 2016
Brazil’s Government Defends Petrobras’ Pre-Salt Monopoly
Senate project would release Petrobras from the requirement of being involved in all areas of the pre-salt layer exploration.
February 17, 2016
Only Ten Workers Remain at Petrobras Plant During Strike
Approximately ten oil workers remain on call at the São Paulo refinery, working up to sixteen-hour shifts to keep machines...
November 11, 2015
Oil Workers in Brazil Announce Strike Starting Friday
The FUP oil workers union strike is to start Friday (September 4th), and covers all administrative and operating units of...
September 3, 2015
Brazil’s Petrobras Approves IPO of BR Distribuidora
The state-owned oil giant wants sell part of its subsidiary's stock to improve the company’s financial situation.
August 19, 2015
Chevron Facing Revived Charges Over 2011 Brazil Oil Leak
A Brazilian appeals court has reinstated criminal charges against Chevron and the defendants could face up to thirty years in...
April 8, 2014
Rolls-Royce to Build Factory in Rio de Janeiro: Daily
British company Rolls-Royce have revealed that they will build a factory for assembling naval equipment in Rio de Janeiro.
April 8, 2014
Rancho-Cali 2 Well in Texas Open for Investors
Texas Energy Exploration is a privately owned independent oil and gas operator licensed with the Railroad Commission of Texas, and...
March 11, 2014