Brazil Bans Chevron and Transocean: Daily
A federal court has served Chevron and Transocean with a preliminary injunction ordering them to halt operations in Brazil within...
September 28, 2012Topic
Petrobras
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
Petrobras Accused of Dumping Waste: Daily
The Federal Police opened an inquiry in the Division of Environmental Crimes in Rio accusing Petrobras of dumping highly-toxic residues...
September 11, 2012
Petrobras Gasoline Imports set to Rise
Imports of gasoline and diesel are set to rise substantially next year at Petrobras, as refinery capacity fails to keep...
September 4, 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
Shipbuilders Bring R$2B to Rio Economy
The Rio economy is enjoying a large injection of funds from the state’s shipbuilders, as local content rules and strong...
August 21, 2012
Government Considers Fuel Price Hike
The first quarterly loss in thirteen years at Petrobras sparked a debate within the Brazilian government over the need for...
August 14, 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