Tags Oil production

Tag: oil production

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Despite the fallout from the on-going corruption scandal which has tarnished Brazil’s largest state-controlled company, Petrobras, the oil giant announced on Thursday, March 19th, that the output from the Santos...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – An explosion in an oil and gas production ship rented by Petrobras killed at least five workers, injured ten and four are still missing, according to the company. Reportedly no...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – What started out as a scheduled meeting by Petrobras officials to announce the company’s quarterly operational results turned into a teleconference to discuss the worst scandal ever faced by the...
By William Jones, Contributing Reporter RIO DE JANEIRO, BRAZIL - OGX has revealed that they have started pumping crude oil in the Turbarão Martelo oil field after numerous failures which have dragged the company to the brink of extinction. Millionaire...
By Lisa Flueckiger, Contributing Reporter RIO DE JANEIRO, BRAZIL – Petrobras announced this week that the company plans to increase production by fifty percent in a bid to emerge from its current financial difficulties. The oil giant desperately needs funds to...
By Jack Whibley, Contributing Reporter RIO DE JANEIRO, BRAZIL - Oil workers in the Campos Basin held a 24-hour strike on July 25th to protest against a reduction in overtime compensation by Petrobras. According to the Sindipetro Norte Fluminense...
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 Doug Gray, Senior Contributing Reporter RIO DE JANEIRO – Brazil’s energy giant Petrobras announced last week record-breaking oil production levels for the month of April, before further good news for shareholders came with the announcement by the National Petroleum...
By Karen Shishiptorova, Contributing Reporter RIO DE JANEIRO – Last week, on his last stop during a visit to South America – which included Columbia and Uruguay – Mexican President Felipe Calderón met Brazilian President, Luiz Inácio Lula da Silva,...
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