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With over half a dozen operating FPSO units and more coming, Petrobras’ presalt production has soared, putting the company at an advantage to develop presalt riches.
"I believe that we as an agency, and we as a nation, can be both pro-energy and jobs, and pro-environment," Pruitt said in his first address to EPA staff.
The overarching bill’s latest iteration aims to tackle everything from an overhaul of the NNPC to taxes on upstream projects in a sector riddled with corruption.
At NAPE, industry communicators agree that the oil and gas sector’s message is lost on the public and with it, the campaign for public support against environmentalist foes.
Senators voted 52-46 to approve Oklahoma Attorney General Scott Pruitt, who is expected to reform and modernize the EPA.
EPA staff have been told that President Donald Trump is preparing a handful of executive orders to reshape the agency, to be signed, sources told Reuters on Feb. 15.
The inquiry is investigating whether the $1.3 billion purchase of OPL 245 involved "acts of conspiracy, bribery, official corruption and money laundering," according to court papers seen in January, Reuters reported.
Aiming to boost the onshore industry, Brazil’s government wants to triple its output.
The judgement follows a July 2015 award confirming the claimants’ long-term contractual rights and a November 2015 judgement awarding them $1.96 billion for outstanding unpaid invoices, Dana said, Reuters reported.
The country aims to increase domestic oil and gas exploration, development and production, while reducing its reliance on imports, to meet growing demand.
Timothy J. Cutt, CEO, said that Houston-based Cobalt “has been and is firmly committed to conducting its operations in compliance with all applicable laws and regulations, including the FCPA.”
A World Bank panel has ordered Ecuador to pay $380 million in damages to a subsidiary of ConocoPhillips for unlawfully expropriating the company's oil investments.