Rio’s politicians mounted a cleverly-staged piece of political street theatre last week, in order to drive home the message that the state’s residents wants to keep oil royalties for themselves. It worked. By Dom Phillips According to police, some 200,000 people turned up to Sérgio Cabral’s demonstration on Monday in opposition to a new bill(…)
Arquivo - Tag: Oil
Everything golden again for Brazil’s richest man
Things are looking a lot better for Eike Batista. Last week the world’s 8th-richest man was still helping defend his son, Thor, against charges he was at fault in a car accident that claimed the life of a cyclist. Neither Thor nor Eike denied that the 20-year old’s Mercedes-Benz SLR McLaren struck 30-year old Wanderson Pereira(…)
Bad week for Chevron, important case for Brazil
It’s never good news when you find out that the Brazilian government is prohibiting you from leaving the country so you can be tried for environmental crimes. But this is about much more than just the fate of 17 unhappy executives at Chevron, the major US oil company. The project to extract oil from Brazil’s(…)
