How One Lone Oil Rig Embodies the Brazil Boom That Never Was
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 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
SINGAPORE, Oct 23 (Reuters) – Singapore oil rig builder Keppel Corporation Ltd said it may face an investigation into deals with Brazilian state-run oil
By Peter Millard and Yasmine Batista (Bloomberg) — Transocean Ltd., the world’s largest offshore rig contractor, is being linked for the first
Offshore vessel owners World Wide Supply, Ultrapetrol and Siem Offshore all reported Monday receiving notification for the early termination of
By Sridhar Natarajan (Bloomberg) — Bonds of Vantage Drilling Co. dropped as Petroleo Brasileiro SA terminated a $1.7 billion drill deal amid a
Houston-based Vantage Drilling says it has been notified by Petrobras terminating it’s contract for the Titanium Explorer drillship. The 8-year
RIO DE JANEIRO, Aug 26 (Reuters) – A heating unit at a Petrobras depot in Brazil used to treat fuel for ocean-going ships exploded on Wednesday, killing
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
SAO PAULO, Aug 6 (Reuters) – Brazilian prosecutors on Thursday presented formal charges against Jorge Zelada, the former head of state-run oil
RIO DE JANEIRO, July 7 (Reuters) – Two workers died at a construction project at a Brazilian oil terminal operated by state-run Petrobras on
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
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
If guiding the biggest iron-ore miner through the worst price rout in a decade wasn’t enough, Murilo Ferreira is taking on a new
Grupo Schahin filed for Brazil’s equivalent of Chapter 11, becoming the latest Petroleo Brasileiro SA contractor to seek protection from creditors as a
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
Petrobras announced today production has commenced at their P-61 platform in the Papa-Terra field located at the southern end of the Campos Basin. The P-61 is
Petroleo Brasileiro SA’s descent into junk- bond status may be far from
A sixth victim of last week's deadly explosion on a Petrobras offshore oil and natural gas production ship has been
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