Tags Santos Basin

Tag: Santos Basin

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 Andrew Willis, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Deputies and senators from non-oil producing states have secured enough signatures to force a vote on President Dilma Rousseff’s partial veto of a controversial oil royalties bill. The politicians...
By Andrew Willis, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – A Brazilian court has overturned a ban that prevented Chevron from operating in Brazil, according to a statement by the second largest U.S. oil company. The ban was handed...
By Andrew Willis, Contributing Reporter RIO DE JANEIRO, BRAZIL - Chevron, the second largest U.S. oil firm, last week appealed a recent court injunction banning it, and drilling company Transocean, from operating in Brazil while legal cases are ongoing. The...
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 Stephen Eisenhammer, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL - Petrobras, the Brazilian state-run energy giant, has found “good quality” oil in a well in the pre-salt Santos basin, offshore Brazil, the company announced on Friday (June 8th). The...
By Stephen Eisenhammer, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL - Brazil's National Petroleum Agency (ANP) plans to raise the fines companies will have to pay in the event of oil spills, reflecting the country's concern over the environmental consequences of...
By Stephen Eisenhammer, Contributing Reporter RIO DE JANEIRO, BRAZIL - Sevan Drilling, the Norwegian drilling contractor, celebrated the arrival of a new platform Monday which will increase the company’s presence in Brazil’s offshore industry. At an event held aboard the yacht...
By Sarah de Sainte Croix, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – The Norwegian oil company Statoil, in conjunction with operator Repsol Sinopec and partner Petrobrás, confirmed on Monday that they had made a “high-impact” discovery in the Pão...
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...
- Advertisement -

STAY CONNECTED

25,336FansLike
3,932FollowersFollow
5,331FollowersFollow

LATEST NEWS

WEATHER

Rio de Janeiro, Brazil
clear sky
24.2 ° C
25 °
22 °
69%
1kmh
0%
Wed
29 °
Thu
31 °
Fri
27 °
Sat
29 °
Sun
26 °

CURRENCY

BRL - Brazilian Real
USD
3.1740
GBP
4.1820
EUR
3.7561
CAD
2.5477
AUD
2.4986