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Tag Results for "National Petroleum Agency"

Brazil Plans to Auction Off New Oil Blocks in May 2013

Brazil is planning an auction of new oil and gas exploration and production blocks for May 2013, although that long-delayed round will depend on prior approval of a new regulatory framework, Mines and Energy Minister Edison Lobao s continue reading »

Oil Leak in Brazil May Cost Chevron $24.7 Million

Brazil's National Petroleum Agency said Thursday that Chevron Corp. will be fined nearly 50 million reais ($24.7 million) for an oil leak at an offshore field last November. continue reading »