Petroleo Brasileiro S.A. Petrobras invested about US1.013 billion in environmental projects in 2009, compared with about US$1.075 billion in 2008 and US$1.015 billion in 2007.
These investments were primarily directed at reducing emissions and wastes resulting from industrial processes, managing water…
Petroleo Brasileiro S.A. Petrobras is party to litigation regarding the Presidente Getulio Vargas refinery oil spill.
On July 16, 2000, an oil spill occurred at the Presidente Get lio Vargas refinery releasing crude oil in the surrounding area. The Federal and…
Petroleo Brasileiro S.A. Petrobras challenged a decision regarding its Termo de Ajustamento de Conduta (Agreement for Regularization of Conduct), or TAC, and is awaiting judgment.
On Oct. 13, 2002, a power blackout in FPSO P-34, which is located in the Barracuda-Caratinga…
Petroleo Brasileiro S.A. Petrobras is subject to several legal proceedings that remain pending as a result of a Jan. 18, 2000 oil spill in Guanabara Bay.
A pipeline connecting one of the Company’s terminals to a refinery in Guanabara Bay ruptured,…
Petroleo Brasileiro S.A. Petrobras continues to be involved in environmental litigation filed by the Public Ministry of the State of Sao Paulo and the Uniao dos Defensores da Terra (Union for Defense of the Earth).
On Jan. 15, 1986, the Public…
Petroleo Brasileiro S.A. Petrobras continues to be subject to claims and lawsuits stemming from a February 2001 oil spill into the rivers in the State of Parana, Brazil.
On Feb. 16, 2001, the Company’s Araucaria-Paranagua pipeline ruptured as a result of…
Petroleo Brasileiro S.A. Petrobras continues to be subject to action regarding a March 2001 gas explosion and oil spill in the Roncador field.
On March 15, 2001, a gas explosion inside one of the columns of the P-36 production platform, located…
Petroleo Brasileiro S.A. Petrobras made expenditures of about US$300 million for PEGASO (Programa de Excelencia em Gestao Ambiental e Seguranca Operacional) during the year ended Dec. 31, 2009, compared with US$355 million during the year ended Dec. 31, 2008.
During 2000,…
Petroleo Brasileiro S.A. Petrobras’ actions to address health, safety and environmental (HSE) concerns and ensure compliance with environmental regulations involved an investment of about US$2.294 billion in 2009.
In 2009, the Company has experienced oil spills totaling 67,102 gallons of crude…
Petroleo Brasileiro S.A. Petrobras continues to be subject to lawsuits and actions regarding a July 2000 spill near Curitiba, Parana, Brazil.
On July 16, 2000, the Santa-Catarina/Parana pipeline ruptured at the Company’s President Getulio Vargas refinery, located about 15 miles (24…