Brazil

Chamber of Commerce hosts U.S.-Brazil partnership conference

Washington, April 9, 2012, 8:30 am

The U.S. Chamber of Commerce and the Brazil-U.S. Business Council hosts the Brazil-U.S.: Partnership for the 21st Century Conference. DOE Deputy Sec. Dan Poneman to speak on morning energy panel. Secretary of State Clinton, Brazil President Dilma Rousseff among other speakers. 

Oil

Brazil launches second $11 billion suit over offshore leak

Source: 
Reuters

TransCanada and Chevron were named in a $11 billion suit by a Brazilian prosecutor for an offshore oil leak, following a suit of the same amount for a November leak, Reuters reports. 

Oil

Brazil prosecutors seek ban against Chevron again

Source: 
Bloomberg

Prosecutors in Brazil are again seeking to ban Chevron and Transocean from operating in the country until they stop environmental damage from a November spill, Bloomberg reports.

Economic growth measures fail to count environmental negatives

Source: 
Reuters

Scientists and economists tell an environmental conference that traditional measures showing strong economic growth as a positive development in Brazil and India over nearly two decades fail to account for the negative impact from depletion of their natural resources, Reuters reports

Brazil: Pollution may mar upcoming UN Earth Summit

A local newspaper is reporting that Rio de Janeiro state's iconic Guanabara Bay is heavily polluted as Brazil prepares to host the "Rio plus 20" Earth Summit in June.

Rio plus 20 is scheduled for June, two decades after the first U.N. Earth Summit was held in Rio de Janeiro.

Oil

Chevron says it's a scapegoat in Brazil

Source: 
Dow Jones Newswires

Chevron Corp., reacting to criminal charges filed against it and its executives in Brazil, says the company is a "scapegoat" in a broader dispute over how to distribute the country's oil wealth, Dow Jones Newswires reports.

Oil

Charges filed against Chevron in Brazil

SAO PAULO (AP) — Federal prosecutors filed criminal charges against 17 oil company executives on Wednesday for an oil leak in the Atlantic, legal action that has prompted debate about whether it could slow Brazil's effort to develop its massive offshore finds.

At least 110,000 gallons (416,000 liters) of oil seeped through cracks on the ocean floor near a Chevron Corp. appraisal well off the Rio de Janeiro coast in November. The well drilled by Transocean Ltd. has since been sealed, but a small amount of seepage reappeared in recent days, raising concern the damage is not yet over.

Oil

Chevron, Transocean executives face criminal charges in Brazil spill

SAO PAULO (AP) — Seventeen oil company executives face criminal charges Wednesday for an oil leak in the Atlantic, a legal action that has prompted debate about whether it could slow Brazil's effort to develop its massive offshore finds.

At least 110,000 gallons (416,000 liters) of oil seeped through cracks on the ocean floor near a Chevron Corp. appraisal well off the Rio de Janeiro coast in November. The well drilled by Transocean Ltd. has since been sealed, but a small amount of seepage reappeared in recent days, raising concern the damage is not yet over.

Oil

Court documents show extent of Chevron leak damage

Source: 
Reuters

Court documents obtained by Reuters show that Brazilian prosecutors will claim that Chevron should not have drilled an offshore well that subsequently leaked, and also outline the extent of the damage and why prosecutors are seeking criminal charges against Chevron executives.

Oil

Brazil's planned criminal charges against Chevron cast pall over development

Source: 
The Wall Street Journal

The criminal charges that Brazil plans to file Wednesday against Chevron executives for an offshore oil leak are threatening to stall foreign companies' oil drilling interest in the South American nation, The Wall Street Journal reports.

Pages

Subscribe to Brazil