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
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
Transocean Ltd.’s (RIG) fourth-quarter loss widened sharply as the offshore-oil driller reported higher charges, mostly due to impairment, though revenue
LAGOS, Nigeria, February 17, 2012 – Chevron Nigeria Limited (CNL) has begun the process of drilling a relief well to seal the Funiwa 1A natural gas well. The
(Dow Jones) Offshore oil-drilling contractor Transocean Ltd., newly clear of some legal clouds from its role in the 2010 Gulf of Mexico disaster, faces
U.S. District Judge Carl Barbier ruled yesterday that Transocean’s contract with BP, while drilling the Macondo Well, shielded Transocean from any
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
Transocean, the world’s largest offshore drilling contractor, has announced yet another senior-level executive has resigned. Transocean made the
Chevron Nigeria reports they have suspended their search for the 2 missing rig workers from the jack up rig that blew out and caught fire on 16 January. It
On 16 January 2011, a jack-up drilling rig offshore Nigeria caught fire, forcing a complete evacuation. 2 rig workers are still reported missing, and
Transocean Ltd. (NYSE: RIG), the world’s largest offshore drilling contractor, said today that its Executive Vice President and Chief Financial
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
A Shell-contracted deepwater drilling rig accidently spilled 319 barrels of oily mud into the sea yesterday while operating in in the Gulf of Mexico’s
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
Transocean Ltd. (RIG, RIGN.VX) said it is offering 26 million shares of its common stock as the offshore oil drilling giant looks to raise funds to help
Despite Chevron taking full responsibility (and up until now the majority of heat from Brazil’s oil regulating agency, ANP) for the estimated 5,000 to
HOUSTON (Dow Jones)–A U.S. judge said Tuesday that BP PLC (BP) isn’t entitled to receive money from Transocean Ltd.’s (RIG) insurers for
(Dow Jones) Many analysts have taken Transocean to the cleaners after it barely eked out a 3Q profit, but Citi is keeping its buy rating while lowering
HOUSTON -(Dow Jones)- The third-party vendors refitting Transocean Ltd.’s (RIG) well control systems and blow-out preventers to comply with new rules
It’s about a two and a half hour helicopter flight from Louisiana to get to this lonely patch of ocean far out in the Gulf of Mexico, but the
Transocean Ltd. (RIG) swung to a third-quarter loss on acquisition-related charges as a revenue shortfall hurt the offshore-oil driller’s margins.
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