Monday, April 8, 2013
chevron frade fpso

Frade FPSO Finally Given Green Light for Restart by Brazilian Authorities

By Jeb Blount RIO DE JANEIRO, April 8 (Reuters) – Brazil’s oil regulator, the ANP, said on Monday that it authorized Chevron Corp to restart output from an offshore oil...

April 8, 2013
Total Views: 28

Friday, December 14, 2012

Chevron Nears Settlement in Brazil Over Frade Oil Spill

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 year,...

December 14, 2012
Total Views: 8

Saturday, December 1, 2012
chevron frade fpso

Chevron’s Frade FPSO to Restart Production as Brazilian Court Dismisses Injunction

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

December 1, 2012
Total Views: 4

Wednesday, September 12, 2012

Transocean CEO: Brazil Injunction is Unwarranted and Flawed

HOUSTON–A Brazilian appeals court has denied a request by the national oil regulator to suspend an injunction barring Transocean Ltd. (RIG) and Chevron Corp. (CVX) from operating in the country, Transocean Chief...

September 12, 2012
Total Views: 1

Thursday, September 6, 2012

Brazil Court Allows Chevron Exec to Leave Country

RIO DE JANEIRO–A federal court in Brazil will allow one of the executives charged in a criminal lawsuit related to a November spill at an offshore oil field operated by U.S. major Chevron...

September 6, 2012
Total Views: 1

Tuesday, August 28, 2012

Brazil Court Upholds Chevron, Transocean Ban

RIO DE JANEIRO–A Brazilian court on Tuesday upheld an injunction that bars U.S. oil major Chevron Corp. (CVX) and drilling company Transocean Ltd. (RIG) from operating in Brazil, but a...

August 28, 2012
Total Views: 1

Friday, August 3, 2012

Transocean Suspension “Unjustified”

SAO PAULO–The head of Brazil’s national petroleum agency, ANP, said Thursday a court order for Transocean Ltd. (RIG) to suspend operations in the country wasn’t justified. Magda Chambriard, head of...

August 3, 2012
Total Views: 2

Thursday, August 2, 2012

Brazil ANP Chief: Transocean Operation Suspension Unjustified

SAO PAULO–The head of Brazil’s national petroleum agency, ANP, said Thursday the suspension of operations by Transocean Ltd. (RIG) in the country wasn’t justified. Magda Chambriard, head of the ANP,...

August 2, 2012
Total Views: 1

Wednesday, August 1, 2012

Brazilian Court Orders Halt to Chevron and Transocean Activities

RIO DE JANEIRO–U.S. oil major Chevron Corp. (CVX) and drilling company Transocean Ltd. (RIG) face another legal hurdle in Brazil, where a court late Tuesday handed down an injunction banning...

August 1, 2012
Total Views: 0

Monday, June 25, 2012
Petrobras / Chevron-Oil-Spill

Chevron Oil Spill Hits Petrobras’ Bottom Line

RIO DE JANEIRO – Brazil’s state-owned energy giant Petroleo Brasileiro SA, or Petrobras, said Monday it will produce 2.02 million barrels of oil equivalent per day this year, somewhat less...

June 25, 2012
Total Views: 1

Monday, June 4, 2012

Brazil’s ANP: Chevron Will Have To Pay for November Oil Spill

Brazil oil regulators confirmed Monday that U.S. oil major Chevron Corp. (CVX) will have to pay some type of financial penalty for the company’s role in a November oil spill,...

June 4, 2012
Total Views: 0

Thursday, March 22, 2012

Brazil’s President: Rules On Oil Safety Apply To All Companies

RIO DE JANEIRO (Dow Jones)–All oil companies operating in Brazil, both domestic and foreign, must respect safety protocols without exception, Brazil’s President Dilma Rousseff said Wednesday. Responsibility is the key...

March 22, 2012
Total Views: 1

Wednesday, March 21, 2012
frade oil field

American Offshore Managers Detained By Brazil

Chevron’s George Buck and Transocean’s Michael Legrand top the list of offshore managers banned last Friday by Judge Vlamir Costa Magalhaes from leaving Brazil, according to a local prosecutor in...

March 21, 2012
Total Views: 16

Tuesday, March 13, 2012

Brazil’s Oil Regulator: Chevron’s Drilling Rights Remain Suspended

Brazilian oil regulators will not allow U.S. oil major Chevron to resume offshore drilling because the company has not proved that the risk of accidents has been reduced, said the...

March 13, 2012
Total Views: 0

Wednesday, February 29, 2012

Chevron and Transocean Operations in Brazil Will Not be Suspended – Judge

RIO DE JANEIRO (Dow Jones)–A federal judge in Brazil denied an injunction to suspend the local operations of U.S. oil major Chevron Corp. (CVX) and rig operator Transocean Ltd. (RIG,...

February 29, 2012
Total Views: 1

Thursday, January 26, 2012
Frade Oil Spill

Chevron to Face Criminal Charges Over Frade Spill Offshore Brazil – Reuters

A Brazilian prosecutor plans to file criminal charges against Chevron Corporation and some of its managers for their role in the Frade oil spill that occurred offshore Brazil in November,...

January 26, 2012
Total Views: 0

Thursday, December 22, 2011

Brazil Police Seek to Indict Chevron, Transocean Staff

By John Lyons And Daniel Gilbert SÃO PAULO—Brazil’s Federal Police are asking a federal prosecutor to indict as many as 17 Chevron Corp. and Transocean Ltd. employees, including Chevron’s Brazil...

December 22, 2011
Total Views: 1

Wednesday, December 14, 2011

Chevron and Transocean Asked to Shut Down Brazil Operations [UPDATE: Chevron Responds]

SAO PAULO (Dow Jones)–Brazil’s federal prosecutor on Wednesday said it wants Chevron Corp (CVX) and Transocean Ltd (RIG, RIGN.VX) to shut down operations in Brazil, as it sues the two...

December 14, 2011
Total Views: 0

Friday, December 2, 2011

Chevron: Brazil Well Shutdown Accounts For Less Than 10% Of Frade Oil Output

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 offshore Frade field, shutting down a production well...

December 2, 2011
Total Views: 2

Tuesday, November 22, 2011

Chevron: Brazil Govt Has Not Advised Deep-Water Status Under Review

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 under review or could possibly be...

November 22, 2011
Total Views: 1