Petrobras Profits at Eight Year Low: Daily
Petrobras, Brazil’s state-majority-owned oil producer announced profits of R$21.1 billion in 2012, a 36.6 percent drop from 2011, and an...
February 5, 2013Topic
Oil
Brazil to Auction 172 Oil Blocks in May
Brazil is set to auction off 172 oil exploration blocks this May and end a five-year hiatus that has complicated...
January 15, 2013
Petrobras Announces Six New Platforms
Petrobras will put six new oil platforms into operation in 2013, adding around 840,000 barrels of oil daily to the...
December 25, 2012
Battle Over Royalties Continues in Brazil
The oil debate has brought greater attention to royalties paid by firms operating in other sectors in Brazil, including mining...
December 18, 2012
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
Rio Keeps Existing Oil Royalties: Daily
President Dilma Rousseff has approved a controversial new bill that sets out the redistribution of oil royalties to non-producing states...
December 1, 2012
200,000 Protest in Rio for Oil Royalties
An estimated 200,000 people have taken to the streets of Rio in protest demanding President Rousseff veto a bill which...
November 27, 2012
Rio Shutdown and Turnaround Summit
The first LatAm Plant Shutdown and Turnaround Summit will take place in Rio this week, a cross industry event where...
November 27, 2012