Tag: oil

Friday, November 1st 2019 - 09:49 UTC
Brazil's oil slick heading to unique coral reefs; Navy has cut down possible culprits of the spill to ten vessels

With mystery oil slicks still moving down Brazil's coast, the Brazilian Navy sent more ships on Thursday to try to prevent the pollution of unique coral reefs of the Abrolhos Archipelago marine park, a haven of South Atlantic Ocean biodiversity.
Wednesday, October 30th 2019 - 09:23 UTC
Oil spills on Brazil's northeast beaches, “the worst environmental attack”

Oil spills washing up on beaches along more than 2,000 kilometers of Brazil’s northeast coastline could be the worst environmental “attack” in the country’s history, the CEO of Petrobras said on Tuesday.
Wednesday, October 30th 2019 - 08:36 UTC
Brazil has become a beacon for Big Oil foreign investment in the energy sector

When oil executives arrive in Rio de Janeiro this week for Brazil’s biennial Offshore Technology Conference, they will find themselves in Latin America’s most promising market for Big Oil by far. This signals a dramatic change from only a year ago.
Saturday, October 26th 2019 - 09:14 UTC
AFP Photo of Brazilian boy with body smeared in oil goes viral

A boy walks ashore in Brazil in filthy waist-high water with a look of exasperation and his body smeared in oil, a photographer takes a shot, and the image goes viral.
Friday, October 25th 2019 - 09:55 UTC
Falklands oil industry has three planned and announced three FPSOs

South America, including the Falkland Islands, has the highest number of planned and announced floating production storage and offloading (FPSO) additions globally between 2019 and 2025, with 27 projects. This is followed by Africa, Asia and Europe with a respective 15, eight and seven FPSOs, says GlobalData, a leading data and analytics company.
Wednesday, October 23rd 2019 - 09:45 UTC
Brazil has collected 600 tons of oil from the spill along northeastern beaches

Brazil has collected more 600 tons of oil from its northeastern beaches since Sept. 12, the government said, more than double an estimate of oil and sand collected by state-run oil company Petrobras.
Wednesday, October 23rd 2019 - 08:58 UTC
Major pre-salt oilfields auction could raise some US$ 50 billion for Brazil

An auction next month of oilfields in Brazil may be the priciest ever held, raising at least US$ 50 billion in licensing fees and compensation. Exxon Mobil Corp., Royal Dutch Shell Plc and other energy giants are set to vie for deep-sea deposits that could hold 15 billion barrels of oil, almost twice as much as Norway’s reserves.
Thursday, October 10th 2019 - 09:55 UTC
Oil spill in Brazilian beaches is of Venezuelan origin, claims environment minister

Large blots of oil that have turned up on more than 130 Brazilian beaches are “very probably” of Venezuelan origin, Brazil's environment minister said on Wednesday. The oil began appearing in early September and has been seen along a 2,000-kilometre stretch of the northeastern Atlantic coast - with around 130 tons of oil residue collected by Monday.
Tuesday, October 8th 2019 - 09:03 UTC
Oil spill in Brazil has affected 42 cities, environment minister reports

Brazil’s environment minister says more than 100 tons of oil has been spilt along the northeastern coast since the beginning of September. Ricardo Salles said Monday on Twitter that 42 cities have been affected by the spills. He did not say how he reached those figures.
Monday, October 7th 2019 - 09:40 UTC
Russia pledges to help Cuba have access to oil and petroleum products

Russia will find ways to help Cuba get oil and petroleum products, Russian Prime Minister Dmitry Medvedev said in an interview broadcast on Saturday. Medvedev pledged to help develop Cuba’s energy sector during a visit to the island this week but did not announce any short-term measures to provide relief from crippling fuel shortages in the wake of tougher U.S. sanctions.