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...
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...
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,...
(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...
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...
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...
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...
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...
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,...
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...
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...
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,...
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...
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...
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...
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,...
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,...
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...
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...
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...
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...
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