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By Laura Madden, Contributing Reporter RIO DE JANEIRO, BRAZIL - On the same day as the new Petrobrás CEO, Maria das Graças Foster, was sworn in, the company reported a leak off the coast of Rio de Janeiro state, in...
By Mira Olson, Senior Contributing Reporter RIO DE JANEIRO – Brazilian Environmental Minister Izabella Teixeira announced on Monday, July 26th, that the National Contingency Plan (PNC) for open sea oil exploration and production will be in place by September. The...
Editorial RIO DE JANEIRO - We've already spent some time covering the BP Oil disaster in the Gulf of Mexico, and relating that to the Brazilian Pre-Salt exploration underway. One silver-lining is that it's given Brazil some warning and...
By Jewellord T. Nem Singh, Contributing Reporter RIO DE JANEIRO - Drilling rig Deepwater Horizon exploded in the Gulf of Mexico in April 20th, taking eleven lives, and continues to leaks 1,000 barrel per day. British Petroleum (BP), the main...
By Carlos Graffigna, Contributing Reporter RIO DE JANEIRO - Continuing with what has been their main business focus over decades, oil giant BP purchased from Devon Energy their assets off the coast of Brazil, allowing them to use their renowned...
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