Articles by Marta Nogueira and Jeb Blount

Brazil Charges 21 with Homicide for Failing to Avert Samarco Mine Disaster

Brazilian prosecutors charged 21 people with qualified homicide on Thursday for their roles in the collapse of a tailings dam at the Samarco Mineração SA iron ore mine last November that killed 19 people. The charges follow what is now …

Update: Senior Bradesco Insurance Executives Killed in Brazil Plane Crash

Marco Antonio Rossi, the top executive at the insurance arm of Brazil’s second-largest private-sector lender Banco Bradesco SA, was killed in a plane crash, the bank said in a statement on Wednesday. Rossi, 54, was aboard a Cessna Citation VII …

Chevron, Transocean Face New Multi-billion Brazil Lawsuit; ‘Outrageous’ Say Companies

A Brazilian federal prosecutor on Tuesday launched his second 20 billion real ($10.9 billion) lawsuit against U.S. oil company Chevron and driller Transocean, doubling the stakes against the companies as critics call him as overzealous. The new lawsuit, the prosecutor’s …

Chevron, Transocean Charged in Brazilian Oil Spill

A Brazilian federal prosecutor filed criminal charges on Wednesday against Chevron and drill-rig operator Transocean for a November oil spill, raising the stakes in a legal saga that is adding to Chevron’s woes in Latin America and threatens to slow …

Chevron Lawsuit Flags Brazil Investment Risks

A $10.6 billion lawsuit against U.S. oil company Chevron and rig contractor Transocean could further cool an increasingly chilly investment climate in Brazil’s natural resources industry. The lawsuit, filed as a result of a small oil spill off Brazil’s coast …

Chevron Takes Full Responsibility for Brazil Oil Spill

U.S. oil company Chevron will fully clean up a spill off Brazil’s coast, George Buck, the CEO of the local subsidiary said on Sunday, taking responsibility for an accident that has become a major test for one of the world’s …