Tags Oil exploration

Tag: oil exploration

By Maria Lopez Conde, Senior Contributing Reporter SÃO PAULO, BRAZIL - OGX, the oil exploration and production firm owned by former Brazilian billionaire Eike Batista, filed for bankruptcy protection before a Rio de Janeiro state court on October 30th. The...
By Doug Gray, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL - Less than one week after a successful bid for a forty percent share of the Libra pre-salt oil field, Petrobras’ third trimester financial report made for uncomfortable reading among...
By Maria Lopez Conde, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL - State-controlled oil giant Petrobras is in danger of seeing its commercial transactions come to a grinding halt after the Procuradoria Geral da Fazenda Nacional (National Treasury Attorney-General's Office)...
By Maria Lopez Conde, Contributing Reporter RIO DE JANEIRO, BRAZIL – Brazilian state-controlled oil and gas giant Petrobras has said it will keep its promise to invest R$97.7 billion (US$48 billion) in petroleum and natural gas exploration and production in...
By Maria Lopez Conde, Contributing Reporter RIO DE JANEIRO, BRAZIL – Macaé, located 180 km north of the city of Rio, today is a city transformed. Since the discovery of enormous oil and gas deposits in the Campos Basin in...
By Leo Byrne, Contributing Reporter RIO DE JANEIRO, BRAZIL - Brazil’s majority state owned oil giant Petrobras last week officially requested that regulators relax strict requirements on "local content" laws. The term refers to the use of domestic goods...
By Andrew Willis, Contributing Reporter RIO DE JANEIRO, BRAZIL – Petrobras, Brazil’s semi-public oil producer, suffered losses of R$1.35 billion (US$665 million) in the second semester of this year, making it the company’s worst three months since 1999. In a...
By Mary Carroll, Contributing Reporter RIO DE JANEIRO, BRAZIL – Solange Guedes, executive manager of Petrobras Exploration and Production, announced on Monday that they will invest US$5.6 billion in the Programa de Aumento da Eficiência Operacional da Bacia de Campos...
By Samuel Elliott Novacich, Contributing Reporter RIO DE JANEIRO, BRAZIL – The tension surrounding distribution of an estimated R$7.9 billion in annual oil revenues appears to have abated after a meeting on Thursday, June 30th, between governors from oil producing...
By Sam Green, Contributing Reporter RIO DE JANEIRO, BRAZIL – Petrobras, the Brazilian oil giant, looks set to bow to pressure and abandon plans to increase investments by US$35 billion in its current five-year plan. The proposed increase in...
- Advertisement -

STAY CONNECTED

25,342FansLike
3,934FollowersFollow
5,331FollowersFollow

LATEST NEWS

WEATHER

Rio de Janeiro, Brazil
scattered clouds
25.2 ° C
26 °
25 °
65%
2.6kmh
40%
Wed
29 °
Thu
31 °
Fri
27 °
Sat
28 °
Sun
23 °

CURRENCY

BRL - Brazilian Real
USD
3.1606
GBP
4.2031
EUR
3.7304
CAD
2.5205
AUD
2.4876