Petroleo Brasileiro S.A.-PETROBRAS’ maximum exposure including monetary restatement, as of Dec. 31, 2008, is US$47 million, over a matter concerning the Presidente Getulio Vargas refinery oil spill.
On July 16, 2000, an oil spill occurred at the Presidente Getulio Vargas refinery…
Petroleo Brasileiro S.A.-PETROBRAS made expenditures of about US$355 million during the year ended Dec. 31, 2008 (US$567 million during the year ended Dec. 31, 2007) over PEGASO (Programa de Excelencia em Gestao Ambiental e Seguranca Operacional).
During 2000, the Company implemented…
Petroleo Brasileiro S.A.-PETROBRAS continues to be involved in legal actions over a July 16, 2000 oil spill at the Santa- Catarina/Parana pipeline in Curitiba, Parana, Brazil.
On July 16, 2000, the Santa-Catarina/Parana pipeline ruptured at the Company’s President Getulio Vargas refinery,…
Petroleo Brasileiro S.A.-PETROBRAS is subject to several legal proceedings that remain pending as a result of the Jan. 18, 2000 oil spill in Guanabara Bay.
On Jan. 18, 2000, a pipeline connecting one of the Company’s terminals to a refinery in…