Use It or Lose It: Big Oil Moves to Drill in Brazil But Not Because Things Improved
By Peter Millard (Bloomberg) — Major oil producers are beginning to confront the need to develop offshore prospects in Brazil, or lose them. Total SA and
By Peter Millard (Bloomberg) — Major oil producers are beginning to confront the need to develop offshore prospects in Brazil, or lose them. Total SA and
By Marta Nogueira RIO DE JANEIRO, Jan 25 (Reuters) – A Brazilian judge decided on Monday that miner Vale SA may reopen its iron ore and coal port near
By Jeb Blount and Marta Nogueira RIO DE JANEIRO, Jan 21 (Reuters) – Brazil’s Vale SA said on Thursday a court ordered the temporary suspension of
By Caroline Stauffer and Reese Ewing SAO PAULO, Jan 14 (Reuters) – Up to a dozen containers carrying chemicals caught fire at a terminal at
RIO DE JANEIRO, Jan 5 (Reuters) – A group of Japanese shipbuilders led by Mitsubishi Heavy Industries Ltd (MHI) plans to exit its 30 percent stake in
Authorities in Brazil are investigating an explosion that reportedly occurred in a cargo hold of a bulk carrier near the port of Paranaguá. The
By Sabrina Valle and Peter Millard (Bloomberg) — Oil majors had big plans for Brazil, but you can’t tell by looking at the country’s offshore
By Jeb Blount, Marta Nogueira and Stephen Eisenhammer RIO DE JANEIRO, Oct 7 (Reuters) – Brazil attracted little interest in a new oil and gas
Offshore vessel owners World Wide Supply, Ultrapetrol and Siem Offshore all reported Monday receiving notification for the early termination of
An investigation has been launched into a fire on board the platform supply vessel Skandi Stolmen offshore Brazil. According to DOF Group, the fire broke out
SAO PAULO, August 17 (Reuters) – A Brazilian judge sentenced Nestor Cervero, former international chief of state-run oil firm Petrobras, to just
By Caroline Stauffer Aug 14 (Reuters) – Prosecutors and federal police in Brazil have unearthed the country’s largest-ever corruption
By Juan Pablo Spinetto (Bloomberg) — Out in the Atlantic Ocean, 130 miles off the coast of Brazil, an oil ship the length of New York City’s
By Katerina Petroff (Bloomberg) — Royal Dutch Shell Plc obtained regulatory approval from Brazil to buy BG Group Plc, clearing another antitrust
Brazil's state-run oil company Petrobras slashed its long-term spending plan to the lowest level in eight years on Monday as new management moved to reduce the
Brazil's state-run oil company Petrobras will likely delay details of major cuts to its $221 billion five-year spending plan until July, two sources said, when
by Juan Pablo Spinetto (Bloomberg) Prumo Logistica SA, the Brazilian port developer controlled by private equity investors EIG Global Energy Partners LLC, rose
by Sabrina Valle (Bloomberg) Prosecutors investigating Brazil’s largest corruption scandal say they notified the U.S. Department of Justice of evidence that
Brazil's state-run oil company Petrobras canceled leases with Schahin Petroleo e Gas SA for five offshore oil drilling and production vessels after a cash
There’s a growing chorus of lawmakers advocating a bigger role for foreign oil companies in Brazil’s prized deepwater discoveries as the national producer
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