Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Brazil's Petrobras faces refinery pollution charges

Brazil's Petrobras faces refinery pollution charges

Sept. 26 (BusinessDesk) - The Brazilian oil company Petrobras, which faced protests in New Zealand when it did deep-sea exploratory work off East Cape last year, faces charges relating to the alleged dumping of oil into the sea at a Rio de Janeiro refinery.

Greenpeace alerted New Zealand media to the criminal charges, which Petrobras has said it will defend.

International media reports earlier this month quoted Brazilian public prosecutor Renato Machado as saying the charges related to oil spills in June 2011, although Bloomberg reported him as saying "everything indicates this occurred constantly.”

"The Reduc (refinery) acted with complete negligence. They knew since 2007 at least that the treatment stations were obsolete and not functioning adequately and they did nothing," Machado was reported as saying by the Financial Times.

However, the size of the spills was small compared with those which occurred in a deep-sea oil drilling accident in the Atlantic Ocean last year, which has seen the Brazilian government pursue US$20 billion lawsuits against the multi-national oil companies Chevron and TransOcean.

That incident has led to a crackdown by Brazilian authorities on the petroleum industry.

The Duque de Caxias refinery allegedly contaminated the mangroves and estuary of Guanabara Bay off Rio de Janeiro. The heavily populated area is noted in website postings for its high murder rate, open sewers and heavy industrial facilities.

A survey ship working for Petrobras shooting seismic data in the deep-sea Raukumara Basin off the East Cape of the North Island, was last year blockaded by a small flotilla of protest vessels organised by Greenpeace and a local Maori iwi, Te Whanau a Apanui.

Petrobras claimed at the time it had greatly improved its environmental and health and safety performance in recent years, since moving out of government ownership and becoming a stock exchange-listed company.

The company was quoted in the Financial Times as saying in a statement: "“The water produced along with the oil at the platforms is treated and discarded in accordance with Brazilian legislation, which is just as rigorous as that of the US and Europe."

(BusinessDesk)

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Fruitful Endeavours: Kiwifruit Exports Reach Record Levels

In June 2016, kiwifruit exports rose $105 million (47 percent) from June 2015 to reach $331 million, Statistics New Zealand said today. Overall, goods exports rose $109 million (2.6 percent) in June 2016 (to $4.3 billion). More>>

ALSO:

Economic Update: RBNZ Says Rate Cut Seems Likely

The Reserve Bank will likely cut interest rates further as a persistently strong kiwi dollar makes it difficult for the bank to meet its inflation target, it said. The local currency fell. More>>

ALSO:

House Price Action Plan: RBNZ Signals National Lending Restrictions

The central bank wants to cap bank lending to property investors with a deposit of less than 40 percent at 5 percent and restore the 10 percent limit for owner-occupiers wanting to take out a mortgage with a deposit of less than 20 percent, according to a consultation paper released today. More>>

ALSO:

Sparks Fly: Gordon Campbell On China Steel Dumping Allegations

No doubt, officials on the China desk at MFAT have prided themselves on fashioning a niche position for New Zealand right in between the US and China – and leveraging off both of them! Well, as the Aussies would say, of MFAT: tell ‘em they’re dreaming. More>>

ALSO:

Loan Sharks: Finance Companies Found Guilty Of Breaching Fair Trading Act

Finance companies Budget Loans and Evolution Finance, run by former 1980s corporate high-flyer Allan Hawkins, have been found guilty of 106 charges of breaching the Fair Trading Act for misleading 21 borrowers while enforcing loan contracts. More>>

ALSO:

Post Panama Papers: Govt To Adopt Shewan's Foreign Trust Recommendations

The government will adopt all of the recommendations from former PwC chairman John Shewan to increase disclosure and introduce a register for foreign trusts with new legislation to be introduced next month. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news