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Tag: Chevron

By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Petrobras America Inc. (PAI), a Petrobras subsidiary, signed a purchase and sale agreement on Wednesday with Chevron USA Inc. for the sale of the shares it held of the...
By Eduardo Pagnoncelli, Contributing Reporter RIO DE JANEIRO, BRAZIL - Chevron Corporation confirmed on Friday that a Brazilian appeals court has reinstated criminal charges against the energy giant and eleven of its employees, originating from a 2011 offshore oil spill...
By Lucy Jordan, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL - Brazil’s 11th oil and gas auction, held Tuesday in Rio de Janeiro, raised a record R$2.8 billion, the industry’s regulatory agency said, with Petrobras winning the most blocks, and...
By Maria Lopez Conde, Contributing Reporter RIO DE JANEIRO, BRAZIL – Sixty-four out of the 71 national and international companies that filed requests with the Brazil’s National Petroleum Agency (ANP) will be allowed to bid for Brazilian exploration blocks this...
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 Lucy Jordan, Senior Contributing Reporter BRASÍLIA, BRAZIL – A federal court has served Chevron and Transocean with a preliminary injunction ordering them to halt operations in Brazil within thirty days. The injunction comes in relation to civil lawsuits...
By Julia Averbuck, Contributing Reporter RIO DE JANEIRO, BRAZIL – The Federal Police has opened an official in inquiry in the Division of Environmental Crimes in Rio in which it accuses national oil company Petrobras of dumping highly-toxic residues in...
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...

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