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Brazil should end subsalt production-sharing regime: Petrobras CEO

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Rio de Janeiro — Brazil should end the use of its production-sharing regime for developing oil and natural gas reserves in the country’s subsalt frontier in a move that could unlock additional growth for Latin America’s biggest producer, Petrobras CEO Roberto Castello Branco said Tuesday. Not registered? Receive daily email alerts, subscriber notes & personalize Read More

Amazon burning: Brazil reports record forest fires

5 hours ago DieselGasoil Comments Off on Amazon burning: Brazil reports record forest fires
BRASILIA (Reuters) – Wildfires raging in the Amazon rainforest have hit a record number this year, with 72,843 fires detected so far by Brazil’s space research center INPE, as concerns grow over right-wing President Jair Bolsonaro’s environmental policy. Smoke from fires in Porto Velho, Rondonia, a northern Brazilian state on the border with the Amazonian Read More

Rio police sniper shoots bus hijacker dead

9 hours ago DieselGasoil Comments Off on Rio police sniper shoots bus hijacker dead
A police sniper in Rio de Janeiro has shot dead an armed man who took dozens of people hostage on a bus, according to officials. The man, who reportedly identified himself as a policeman, took 37 people hostage on a bus that was travelling across a busy bridge connecting the suburb of Sao Goncalo to Read More

Brazil bus hijacker shot dead by police sniper, hostages released

10 hours ago DieselGasoil Comments Off on Brazil bus hijacker shot dead by police sniper, hostages released
A man who hijacked a bus on a bridge in Brazil has been shot dead by police after holding the passengers hostage for hours. The attacker seized the vehicle as it crossed the the Rio-Niteroi bridge with 37 on board at around 6.30am local time Tuesday, stopping it mid-way and prompting all lanes to be Read More

RigNet’s Intelie Delivers Machine Learning-Based Analytics for Advanced Drilling Operations

11 hours ago DieselGasoil Comments Off on RigNet’s Intelie Delivers Machine Learning-Based Analytics for Advanced Drilling Operations
HOUSTON, Aug. 20, 2019 (GLOBE NEWSWIRE) — RigNet (NASDAQ: RNET), the leading provider of ultra-secure, intelligent networking solutions, announced today that Ocyan, one of Brazil’s largest providers of solutions for the upstream oil and gas industry, has signed a multi-year agreement and selected Intelie Live, RigNet’s machine learning-based analytics platform, to be used at their Read More

Bus passengers held hostage as vehicle hijacked on bridge in Brazil

11 hours ago DieselGasoil Comments Off on Bus passengers held hostage as vehicle hijacked on bridge in Brazil
A hijacker has taken the passengers of a bus hostage on a bridge in Brazil. Armed police have surrounded the vehicle and begun negotiating with the suspect. It’s unclear exactly how many hostages are on board the bus, but the man has reportedly freed five people so far during the siege. The hijacker’s earlier claim of being Read More

Bus passengers held hostage as vehicle hijacked on bridge in Brazil (PHOTOS, VIDEOS)

12 hours ago DieselGasoil Comments Off on Bus passengers held hostage as vehicle hijacked on bridge in Brazil (PHOTOS, VIDEOS)
A man claiming to be a former military police officer has taken the passengers of a bus hostage on a bridge in Brazil. Armed police have surrounded the vehicle and begun negotiating with the suspect. It’s unclear exactly how many hostages are on board the bus, but the man has reportedly freed two women and Read More

Brazil securities regulator ramps up Vale dam disaster probe

24 hours ago DieselGasoil Comments Off on Brazil securities regulator ramps up Vale dam disaster probe
FILE PHOTO: A helmet with a logo of Vale SA is seen in a collapsed tailings dam owned by the company, in Brumadinho, Brazil February 13, 2019. REUTERS/Washington Alves SAO PAULO (Reuters) – Brazil’s securities regulator CVM said on Monday it has opened up an additional investigation into whether executives of iron ore miner Vale Read More

Brazil’s securities regulator CVM opens investigation into Vale after dam disaster

1 day ago DieselGasoil Comments Off on Brazil’s securities regulator CVM opens investigation into Vale after dam disaster
FILE PHOTO: A helmet with a logo of Vale SA is seen in a collapsed tailings dam owned by the company, in Brumadinho, Brazil February 13, 2019. REUTERS/Washington Alves SAO PAULO (Reuters) – Brazil’s securities regulator CVM opened on Monday an investigation into the conduct of mining company Vale SA in relation to the collapse Read More

Brazilian states bypass Bolsonaro to discuss rainforest protection funding directly

1 day ago DieselGasoil Comments Off on Brazilian states bypass Bolsonaro to discuss rainforest protection funding directly
FILE PHOTO: An aerial view of a section of deforested Amazon rainforest turned into farmland near the city of Alta Floresta, Para state, Brazil, June 19, 2013. REUTERS/Nacho Doce/File Photo BRASILIA (Reuters) – Brazilian states containing the country’s Amazon rainforest said they want to negotiate directly with European nations who fund projects to curb deforestation Read More