brazil

By Jeb Blount RIO DE JANEIRO – Chevron Corp is willing to pay about 300 million reais ($144 million) to settle lawsuits in Brazil over an oil spill last

By Anthony Boadle BRASILIA – Brazil’s ports are among the slowest and most costly in the world due to poor infrastructure, high taxes, excessive

A new vista is competing with the sun, surf and swimsuits at Rio de Janeiro’s iconic Copacabana and Ipanema beaches: a traffic jam of cargo ships

(Bloomberg) — Brazil announced measures to increase private investment in its port system in a bid to boost capacity and reduce transport costs that

(Dow Jones) Chevron Corp. (CVX) is working with Brazilian regulators to restart production at its Frade offshore field, after a court dismissed an injunction

Sembcorp Marine’s 7th Brazilian drillship newbuild order has just been secured at a contract value of US$806.4 million. Ordered by Sete

Damen Shipyards Group and Wilson Sons announced today they have signed a contract for ten Damen ASD Tugs 2411 and two ASD Tugs of the new 3212-type, destined

(Bloomberg) — The former head of Petroleo Brasileiro SA’s refining division is negotiating with a group of investors to build a shipyard in

(Bloomberg) — Billionaire Eike Batista is pledging as much as $2 billion to shore up the finances of his oil and shipbuilding companies after drilling

RIO DE JANEIRO–Brazil’s Merchant Marine Fund has approved additional financing for oilfield services company OSX Brasil SA (OSXB3.BR) to complete

Wärtsilä, the marine industry’s leading solutions and services provider, said Monday it has been awarded a contract from Sembcorp Marine’s

(Bloomberg) — Billionaire Eike Batista is struggling to reach his goal of luring $40 billion to an industrial port complex in Rio de Janeiro state after

(Bloomberg) — Transocean Ltd., the world’s biggest offshore driller, can keep renting equipment to Petroleo Brasileiro SA after Brazil’s top

With Petrobras, and thus Brazil, standing to lose $3 billion or more in lost revenues due to missed oil and gas production targets,  the head of

(Bloomberg) — Petroleo Brasileiro SA, the world’s biggest oil producer in deep waters, asked Brazilian courts and regulators to override a ruling

RIO DE JANEIRO–Brazilian state-run energy giant Petroleo Brasileiro (PBR, PETR4.BR) said Friday it was taking legal action to lift an injunction barring

Transocean Ltd. (NYSE: RIG) (SIX: RIGN) announced today that at approximately noon Rio De Janeiro time (11 a.m., ET), the federal court in Rio de Janeiro

RIO DE JANEIRO–Brazilian billionaire entrepreneur Eike Batista is in early talks to merge his shipbuilding and oilfield-services company, OSX Brasil

With an estimated 250 extra OSV’s needed to support Brazil’s offshore oil and gas industry by 2020, Brazilian private equity fund P2 has promised

General Electric Co. (GE) and Brazilian energy company Petroleo Brasileiro (PBR, PETR4.BR) have signed the world’s largest subsea wellhead production