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Tag Results for "Oil Royalties"
Brazilian States Call New Royalties Law Unconstitutional
March 16, 2013 | by HS News Staff | Latino Daily News
The oil-producing states of Rio de Janeiro and Espirito Santo on Friday filed a Supreme Court challenge against a new law that distributes royalties from crude and natural gas production more evenly among Brazil's 27 states. continue reading »
Brazil’s President Vetos Portion of Royalties Bill Pertaining to Existing Contracts
December 1, 2012 | by HS News Staff | Latino Daily News
Brazilian President Dilma Rousseff used her veto power to exclude existing contracts from a bill to more widely distribute oil royalties, officials said. continue reading »
Brazilian Lawmakers Pass Controversial Bill to Redistribute Oil Royalties
November 8, 2012 | by HS News Staff | Latino Daily News
Brazil's Congress has passed a bill that would reduce the proportion of royalties that accrue to the state and municipal governments of oil-producing states, while distributing more of those revenues to other states. continue reading »
