Exxon Tries to Put the Worst Behind it With $20 Billion Writedown
By Jennifer Hiller HOUSTON, Nov 30 (Reuters) – Exxon Mobil Corp on Monday said it would write down the value of natural gas properties by $17 billion to $20 billion,...
RIO DE JANEIRO (Dow Jones Newswires), Brazilian state-controlled oil and gas producer Petroleo Brasileiro SA (PBR, PETR4.BR) said a worker died and two were slightly injured in an accident on the company’s PUB-03 oil rig in offshore waters in Rio Grande do Norte state, northeast Brazil on the night of Dec. 26.
The workers fell onto the rig’s deck while they were boarding the rig from a boat that had brought them to the site, Petrobras said in a statement.
Petrobras said it has set up a technical committee to investigate the causes of the accident, which has been officially communicated to the civil police and the National Petroleum Agency, or ANP, Brazil’s oil industry regulator.
Copyright (c) 2011 Dow Jones & Company, Inc.
Join the 63,006 members that receive our newsletter.
Have a news tip? Let us know.