Tag: Shell

• Tuesday, April 24th 2018 - 08:42 UTC

  Brazil poised for historic oil boom

  

  By Mathew Smith<br />
  <br />
  After being caught up in major corruption scandals and suffering from what some have claimed was its worst economic downturn in 100-years, Brazil has pulled itself back from the brink. The economy commenced growing again in 2017 with gross domestic product (GDP) expanding by 1 percent and 2018 GDP growth forecast by the International Monetary Fund (IMF) to be 2.3%.

• Tuesday, January 30th 2018 - 10:00 UTC

  Petrobras to join the Oil and Gas Climate Initiative

  

  The Oil and Gas Climate Initiative (OGCI) and Petrobras announced that the Brazilian company will join the initiative. This commitment is subject to the approval of the OGCI Climate Investments Members’ Agreement by the Petrobras board of directors.

• Monday, October 21st 2013 - 21:41 UTC

  Brazil auctions 35-year production rights to giant offshore Libra oil area

  

  Brazil sold production rights to develop the giant offshore Libra oil area to a consortium led by Brazilian state-run oil company Petroleo Brasileiro SA in an auction with a single bid on Monday. The auction in Rio do Janeiro took place amid strict security measures with hundreds of police forces clashing with protestors.

• Thursday, June 14th 2012 - 10:49 UTC

  Shell drops plan to buy sugar cane grown on land taken from indigenous people

  

  Shell subsidiary that makes bio-diesel in Brazil has dropped controversial plans to buy sugar cane grown on land taken from indigenous people, according to Survival International.

• Monday, August 15th 2011 - 22:32 UTC

  Chilean family group interested in taking over Shell assets in Argentina

  

  Chile's Luksic family group plans to buy Royal Dutch Shell Plc's assets in Argentina, which include service stations and the country's second-biggest oil refinery, financial daily Ambito Financiero reported on Monday.