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Tag: Shell

By Tim Anderson, Contributing Reporter RIO DE JANEIRO, BRAZIL - The Anglo-Dutch oil giant Shell and their Brazilian partner Cosan have agreed the name of their sugar cane operations as Raizen. The name is taken from the words for ‘root’...
By Amy Skalmusky, Contributing Reporter RIO DE JANEIRO, BRAZIL - With the recent Libra oil field discovery promising reserves of up to fifteen billion barrels of oil and Sinochem and BP coughing up billions for space in the Campos Basin,...
By Doug Gray, Senior Contributing Reporter RIO DE JANEIRO – Petrobras President Sergio Gabrielli was celebrating the world’s biggest ever share offer at the end of last week that, according to Brazilian Finance Minister Guido Mantega, now gives the company...
By Doug Gray, Senior Contributing Reporter RIO DE JANEIRO - The most important Expo of its kind in South America got underway on Monday September 13th, with the world’s energy industry focusing its attentions on the week-long Rio Oil and...
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 Juliana Tafur, Contributing Reporter RIO DE JANEIRO – Foreign companies and investors have flocked to Brazil since the extent of the pre-salt oil fields became known in 2006. Companies like Exxon Mobil, Shell and Repsol hurried in and acquired...
By Bruno De Nicola, Contributing Reporter RIO DE JANEIRO - Spain's oil giant, Repsol, announced last week the discovery of a new offshore oil well in the BM-S-48 Block of the pre-salt area, around 257 kilometers off the São Paulo...

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