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Tag Archives: Brazil

Brazil probes Texas refinery, has bigger problems at home

gas

by Jeb Blount RIO DE JANEIRO (Reuters) – The purchase of a Texas oil refinery by Brazil’s state-run oil company has become a campaign issue as opponents of President Dilma Rousseff use it to attack her reputation as a no-nonsense manager and weaken her lead ahead of the October election. Rousseff’s congressional opposition has convinced their colleagues to open an investigation ...

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Petrobras setbacks threaten 2014 oil production targets

petrobras offshore rig

Petrobras loses 2.3 km pipe in offshore accident * Sets back work in Brazil’s No. 2 oilfield by about a month * Platform delays put needed output expansion at risk (Adds comment from source close to project paragraphs 8,9) By Jeb Blount RIO DE JANEIRO, April 4 (Reuters) – Brazilian state-run oil company Petroleo Brasileiro SA suffered a setback in its ...

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Chevron Brazil oil-drilling permission depends on report delivery

Brazil

By Jeb Blount ANGRA DOS REIS, BRAZIL, March 13 (Reuters) – Permission for Chevron Corp to resume drilling and water injection at its Frade offshore field in Brazil is being held up by the company’s failure to deliver a full report on the causes of a 2012 oil seepage, the head of Brazil’s oil regulator said on Thursday. “They can’t get authorization until ...

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Brazil police to probe Petrobras bribery allegations

Petrobas

(Reuters) – Brazil’s federal police will investigate allegations that officials from state-run oil company Petroleo Brasiliero SA accepted bribes from Dutch ship leaser SBM Offshore NV, newspaper Folha de S.Paulo reported on Thursday. Petrobras, as the company is known, last month began an internal investigation of the matter after an unidentified former employee at SBM Offshore alleged that Petrobras officials were ...

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