Regulatory News

On the day the new president of Petrobras, Maria das Foster, took office, there was another oil spill in the sea - the third in three months. This time the accident happened on a platform in the Barracuda field in the Campos Basin, 95 kilometers off the coast of the state of Rio de Janeiro. The company said the 4,700-liter-oil spill - equivalent to 30 barrels - was contained.

The spill stopped production. Six vessels were sent to the site for cleanup work. Petrobras said it put its Emergency Response Plan into action and formed a commission to investigate the cause of the accident.

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