brazil

RIO DE JANEIRO (Dow Jones)–Brazil is hinging its economic future on crude oil, betting that huge fields discovered in recent years will create the basis

Subsea 7 S.A. (Oslo Børs: SUBC) announced today the award of a SURF contract valued at approximately $200 million from Petróleo Brasileiro S/A

Brazilian mining giant Vale said Tuesday that the damaged Vale Beijing, the world’s largest iron-ore carrier, has been removed from berth at Pier I at

RIO DE JANEIRO (Dow Jones)–Brazilian oil regulators once again penalized U.S. oil major Chevron Corp. (CVX) for safety issues at the company’s

Rolls-Royce said today it has been awarded new contracts worth potentially $650 million by Petrobras to support production activities offshore Brazil. The

SAN RAMON, Calif., November 23, 2011 – Chevron Corporation (NYSE: CVX) today reports that while its subsidiary, Chevron Brasil Upstream Frade Ltda., has

RIO DE JANEIRO (Dow Jones)–Brazilian regulators have not advised U.S. oil major Chevron Corp. (CVX) that its license to drill in ultra-deep waters is

RIO DE JANEIRO (Dow Jones)–U.S. oil major Chevron Corp. (CVX) faces heavy fines in Brazil after the company accepted responsibility for an oil spill at

Despite Chevron taking full responsibility (and up until now the majority of heat from Brazil’s oil regulating agency, ANP) for the estimated 5,000 to

RIO DE JANEIRO (Dow Jones)–The Brazilian unit of major U.S. oil company Chevron Corp. (CVX) takes “full responsibility” for a leaking well

PARIS (Dow Jones)–French oil service company Technip SA (TEC.FR) and a unit of Brazil’s conglomerate Norberto Odebrecht won a contract to supply

HOUSTON (Dow Jones)–Chevron Corp. (CVX) said Tuesday that it successfully contained the flow from a deep-water appraisal well offshore Brazil suspected

RIO DE JANEIRO -(Dow Jones)- The Brazilian unit of U.S. oil company Chevron Corp. (CVX) is rushing equipment to find the cause of an oil leak at the offshore

RIO DE JANEIRO (Dow Jones)–Brazil’s emergence as a hot frontier for oil and natural gas was boosted Wednesday by two fresh discoveries, with

International oil services company Aker Solutions says it is will be creating up to 500 new jobs in the UK over the next year as the company looks to

RIO DE JANEIRO (Dow Jones)–Brazilian federal oil company Petroleo Brasileiro (PBR, PETR4.BR), or Petrobras, has received three design proposals for

RIO DE JANEIRO -(Dow Jones)- Brazilian state-run energy giant Petroleo Brasileiro (PBR, PETR4.BR), or Petrobras, said late Friday that total crude oil and

RIO DE JANEIRO (Dow Jones)–Cargo handling capacity at Brazil’s ports is set to rise to 1 billion metric tons a year in late 2012 or early 2013,

The UT 700 series platform supply vessel courtesy Rolls-Royce On the heels of yesterdays annoucement from Incat Crowther that it has won a contract to design a

RIO DE JANEIRO— (Dow Jones & Company) Brazilian labor officials prohibited Petroleo Brasileiro SA, or Petrobras, from restarting operations at a