Oil Royalties in 2011 Up 31% in Brazil
The Brazilian federal government paid oil royalties of R$12.99 billion in 2011, the National Agency of Petroleum, Natural Gas and...
January 17, 2012Topic
Petrobras
Transocean Operating in Brazil’s Oil Boom
After reports of federal prosecutors in Brazil seeking US$10.8 billion from Transocean following the oil leak in Chevron’s Frade Field,...
January 10, 2012
Petrobras Pollution Accusations: Daily
The Federal Police are investigating Petrobras’ Duque de Caxias Refinery (Reduc), located to the north of Rio city, for accusations...
December 12, 2011
Chevron Says Rio Oil Leak Controlled: Daily
Chevron said on Thursday that the Frade oil field leak was under control and that the slick has practically disappeared.
November 25, 2011
Brazil Cuts Fuel Tax as Prices Rise: Daily
Brazil will reduce taxes levied on fuel after Petrobras released a statement saying that they would be raising the prices...
October 29, 2011
Fuel Prices Rise with Inflation in Brazil
High fuel prices have been adding to Brazil’s already increasing inflation, leading the government to reduce the CIDE tax on...
October 4, 2011Petrobras Unveils US$224.7B Investment Plan
Petrobras announced a new five-year investment plan of US$224.7 billion for the period between 2011-2015 to nearly triple production.
July 26, 2011
Hackers Infiltrate Website Systems in Brazil
Lulz Security’s “Brazil unit” in the past week claimed responsibility for hacking into about a dozen government websites.
June 28, 2011
Commuting by Helicopter to Oil Rigs
Demand for helicopter pilots is high in Macae, as Petrobras develops Brazil's offshore oil infrastructure in the Campos Basin.
June 28, 2011