Petrobras Hit With $853m Corruption Fine
Petrobras, Brazil’s state oil company, has agreed to pay more than $853m (£650m) to the US and Brazil, ending a long-running corruption investigation.
Tag Archives: oil
Oil drilling underway beneath Ecuador’s Yasuní national park
THE GUARDIAN: Ecuador has confirmed that oil drilling has begun under the country’s Yasuní national park, one of the world’s biodiversity hotspots. But the government claims that there has been only minimal disturbance to the Unesco biosphere reserve in the Amazon rainforest since extraction of 23,000 barrels of oil a day began last month. Ecologists, environmentalists and political groups in Ecuador… Read more »