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Tag: Offshore Oil

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 Brennan Stark, Contributing Reporter RIO DE JANEIRO, BRAZIL - A bill to distribute oil royalties more evenly amongst Brazil's 27 states passed its first hurdle when it received approval from Brazil's Senate last Wednesday, October 19th.  The proposal now...
By Mark Beresford, Contributing Reporter RIO DE JANEIRO - US oil giant Chevron said January 27th that it is committed to the development of a US$5.2 billion offshore project in the southern Campos basin, its largest investment to date in...

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