Brazil
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Americas
Petrobras settles suit with one of its largest shareholders
Brazil’s troubled state oil firm Petrobras has agreed to settle a lawsuit brought by shareholder The Vanguard Group. No figure…
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Americas
NGO and labour unions raise concerns over Transpetro’s shipbreaking practices
A non-governmental organizations (NGO) and Brazilian labour groups have expressed their concerns about alleged dirty scrapping services by Transpetro, Brazil’s…
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Americas
Federal Judge in Brazil orders investigation of former Petrobras chief
A federal judge in Brazil has ordered an investigation of the former head of scandal-plagued state oil firm Petrobras, according…
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Americas
Statoil wants to triple its Brazil offshore output by 2030
Norway’s Statoil wants to at least triple its production offshore Brazil, according to a spokesman interviewed by Reuters. The Stavanger-based…
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Americas
CMA CGM buys Mercosul from Maersk
CMA CGM is buying Mercosul Line from Maersk Line as part of the latter’s agreement to soothe regulators over its…
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Americas
Death toll rises to three from blast on drillship offshore Brazil
The death toll from a blast on a Petrobras drillship offshore Brazil has risen to three. A boiler explosion occurred…
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Americas
Explosion on Petrobras drillship off Brazil kills one and injures three
Petrobras on Friday reported an explosion on a drillship offshore Brazil that left one worker dead and three injured, according…
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Americas
Porto Sudeste ordered to pay steel company $62.5m in arbitration case
Porto Sudeste, a port in Brazil’s Rio de Janeiro state, will pay a settlement of $62.5m to a unit of…
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Americas
Production under way at Shell and Petrobras deepwater FPSO in Brazil’s pre-salt
Deepwater production has begun at the floating production, storage and offloading vessel FPSO P-66 offshore Brazil, a joint venture of…
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Americas
Brazil’s ports braced for possible week of industrial action by customs workers
Audit inspectors of Brazil’s customs service are saying they will go ahead with a planned week of strikes at the…
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Americas
Petrobras plan to exercise preferential rights in upcoming auctions
Brazil’s state oil firm Petrobras will exercise its preferential rights in two offshore oil auctions later this year, according to…
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Americas
Rowan to buy two jackup rigs from Petrobras
Houston-headquartered offshore drilling firm Rowan Companies has reached a provisional agreement to buy two jackup rigs from Brazil’s state oil giant…
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Americas
Petrobras planning to sell Texas refinery at a huge loss
Petrobras, the scandal-plagued state oil company of Brazil, is planning to sell an oil refinery in Pasadena, Texas which it…
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Americas
Petrobras says injunction against its sale of fuel distribution arm has been thrown out by a judge
Brazil’s corruption-racked and debt-laden state oil firm Petrobras said on Monday that a federal court had thrown out an injunction…
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Americas
Brazil to make port operator contracts longer to encourage investment
The Brazilian government is considering amending public port regulations to give operators longer contract terms, according to Reuters. It is…
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Americas
Eike Batista allowed home under house arrest pending Petrobras-linked graft trial
Former multibillionaire Eike Batista, whose pending corruption trial is linked to the Petrobras bribery scandal, has been allowed to go…
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Americas
Iron ore-loading suspended at Brazil’s Itaguai terminal after accident
An accident at Itaguai terminal in Rio de Janeiro state has caused iron ore loading to be suspended there, according…
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Americas
US court fines Odebrecht $2.6bn in connection with Petrobras graft scandal
A US District Judge in Brooklyn has fined Brazilian engineering giant Odebrecht $2.6bn for corruption linked to the Petrobras bribes-for-inflated-contracts…
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Americas
Petrobras oilfield sale to Statoil suspended
A Brazilian court has ordered energy giant Petrobras to suspend the sale of its stake in an exploratory block to…
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Americas
Brazil’s president denies $40m bribe claims in connection to Petrobras affair
Brazil’s national President Michel Temer has rejected accusations made in plea-bargain testimony that he was party to a $40m bribe,…
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