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Tag: Refinery

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The investigation which seeks to determine the financial losses to Brazil’s oil giant, Petrobras, due to Operação Lava Jato (Operation Carwash) may take up to three years to be concluded...
By Maria Lopez Conde, Senior Contributing Reporter SÃO PAULO, BRAZIL - Brazilian President Dilma Rouseff deemed the opposition's efforts to establish a Parliamentary Commission of Inquiry (CPI) into alleged irregularities at state-controlled Petrobras a "political dispute" this Monday, April 7th....
Opinion, by Michael Royster RIO DE JANEIRO, BRAZIL - The Curmudgeon quotes Matthew 23:23-24: “Woe to you, scribes and Pharisees, hypocrites! ou have overlooked … justice, mercy and good faith. Blind guides! You strain out a gnat, yet swallow a...
By Joanna Hansford, Contributing Reporter RIO DE JANEIRO, BRAZIL – Reduc, one of the principal units of state petroleum production, in Duque da Caxias, Rio de Janeiro state, caught fire Saturday (January 4th) and has brought concerns that the output...
By Andrew Willis, Contributing Reporter RIO DE JANEIRO, BRAZIL – Profits at Brazil’s state-led oil company, Petrobras, fell twelve percent during the three months ending September 30th, compared to the same period last year, according to results published last week....
By Andrew Willis, Contributing Reporter RIO DE JANEIRO, BRAZIL – Imports of gasoline and diesel are set to rise substantially next year at Petrobras, Brazil’s semi-state oil company, as refinery capacity fails to keep pace with growing domestic demand. The...

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