(Bloomberg, 16.May.2022) — Expensive offshore exploration setbacks for international oil majors including Shell Plc and Exxon Mobil Corp. are throwing cold water on their plans […]
Category: Brazil
Brazil energy
Bolsonaro Hints at Change in Petrobras’ Profit Distribution
(Reuters, 16.May.2022) — Brazilian President Jair Bolsonaro suggested on Monday he may tinker with state-run company Petrobras‘ profit policy, cutting the percentage distributed to shareholders, […]
Petrobras Ends Competitive Process for Sergipe-Alagoas Basin Concessions
(Petrobras, 13.May.2022) — Petrobras, following up on the release disclosed on 07/20/2018, informs that it has decided to conclude the current competitive process, which was […]
CADE Approves Petrobras’ Sale of REMAN to Ream Participações S.A.
(Petrobras, 13.May.2022) — Petrobras, following up on the release disclosed on 03/10/2022, informs that the General Superintendence of the Administrative Council for Economic Defense (CADE) […]
Braskem Reports 1Q:22 Recurring EBITDA of $920mn
(Braskem, 12.May.2022) — Braskem S.A. (B3: BRKM3, BRKM5 and BRKM6;NYSE: BAK; LATIBEX: XBRK) announces its results for 1Q22. 1Q22 HIGHLIGHTS CONSOLIDATED In 1Q22, the company’s Recurring […]
Great Panther Reports 1Q:22 Financials for Brazilian, Mexican Mines
(Great Panther, 12.May.2022) — Great Panther Mining Limited (TSX: GPR) (NYSE-A: GPL) announces consolidated financial results for the three months ended 31 March 2022, from its […]
Bolsonaro Replaces Energy Chief After Brazil Fuel Price Hike
(Bloomberg, 11.May.2022) — Brazilian President Jair Bolsonaro replaced his Energy Minister just days after state-run Petroleo Brasileiro SA ignored his plea to not raise fuel […]
Brazil’s New Energy Minister Wants Studies on Petrobras Privatization
(Reuters, 11.May.2022) — Brazil’s newly appointed mines and energy minister, Adolfo Sachsida, said on Wednesday he will request studies on Petrobras‘ privatization as his first […]
Petrobras to Build New Diesel Hydrotreating Unit
(Reuters, 11.May.2022) — Brazilian state-run oil company Petrobras said on Wednesday it has signed a deal with TSE and Toyo Engineering Corp to build a […]
Maersk Drilling Secures Extension for Mærsk Developer in Brazil
(Maersk Drilling, 10.May.2022) — Karoon Energy Ltd has exercised options to add the drilling of up to two wells at the Neon field offshore Brazil […]
Petrobras Concludes Divestment of Potiguar Basin E&P Asset
(Petrobras, 10.May.2022) — Petrobras, following up on the release disclosed on 27 December 2021, finalized the sale, together with Sonangol Hidrocarbonetos Brasil Ltda., of all […]
Petrobras Concludes Divestment of Onshore Fields in Bahia
(Petrobras, 10.May.2022) — Petrobras, following up on the release disclosed on 17 December 2020, informs that today it concluded the sale of its entire stake […]
Petrobras Starts Binding Phase for Sergipe-Alagoas Basin E&P Assets
(Petrobras, 10.May.2022) — PetrĂłleo Brasileiro S.A. (Petrobras), following up on the release disclosed on 04/11/2022, informs that today it started the binding phase regarding the […]
Petrobras to Pay Complementary Dividends
(Petrobras, 10.May.2022) — Petrobras informs that will pay, on Monday, 05/16/2022, complementary dividends referred to the 2021 fiscal year, based on shareholding position as of […]
Petrobras Raises Diesel Prices Despite Bolsonaro Complaints
(Bloomberg, 9.May.2022) — Brazil’s state-controlled oil giant Petroleo Brasileiro SA raised domestic diesel prices just days after President Jair Bolsonaro bashed the company for too-high […]
Guyana and Brazil Agree on Actionable Framework – President Ali
(DPI, 7.May.2022) — His Excellency Dr Irfaan Ali announced that Guyana and Brazil have agreed on an “actionable framework” in the areas of food security, energy, […]
Guyana, Brazil Sign Treaties on Civil, Criminal Matters
(DPI, 7.May.2022) — Guyana and Brazil have mutually agreed to provide legal assistance in civil and criminal matters, through the signing of two bilateral agreements, […]
NRGBriefs: Petrobras EBITDA; LatAm Disintegration; Suriname’s Blk 58
(Energy Analytics Institute, 6.May.2022) — Energy briefs including Brazil’s state oil giant PetrĂłleo Brasileiro S.A. (Petrobras) reporting earnings before interest, taxes, depreciation and amortization of […]
Petrobras Comments on Shareholders Remuneration
(Petrobras, 5.May.2022) — PetrĂłleo Brasileiro S.A. (Petrobras) informs that its Board of Directors, at a meeting held today, approved the payment of a dividend in […]
Brazil’s President Calls Petrobras Profits a ‘Rape’
(Reuters, 5.May.2022) — Brazilian President Jair Bolsonaro on Thursday urged state-run oil company Petrobras not to raise fuel prices again, and compared the company’s profits […]
Petrobras to Invest $5.5bn in Extracting Activity in the Next Five Years
(Petrobras, 4.May.2022) — A Petrobras executive highlighted new discoveries in oil and gas during Bratecc meeting, a parallel event to the Offshore Technology Conference (OTC), […]
Petrobras Concludes Divestment of Bahia Terra Cluster
(Petrobras, 4.May.2022) — Petrobras, regarding the news published in the media, informs that it has concluded the new round of the sale process binding phase […]
NRGBriefs: FMC LatAm Sales; Rig Mobilized in Suriname
(Energy Analytics Institute, 2.May.2022) — Energy briefs including FMC Corp.’s LatAm sales rising 31% YOY in 1Q:22 “driven by robust volume growth in soybean, corn […]
Petrobras Starts Production from FPSO Guanabara in the Mero Field
(Petrobras, 2.May.2022) — Petrobras informs that, on 30 April 2022, it started producing oil and natural gas through FPSO Guanabara, the first definitive production system […]
Libra Consortium Starts Production at Mero Field’s FPSO Guanabara
(Shell Brasil, 2.May.2022) — Shell Brasil PetrĂłleo Ltda., a subsidiary of Shell plc, announces the start of production of the FPSO Guanabara in the Mero […]
Brazil Chemical Maker Unigel Interested in Petrobras’ Fertilizer Project
(Reuters, 29.Apr.2022) — Brazilian chemical maker Unigel is interested in purchasing a fertilizer project from Brazilian state-run oil company Petrobras in the state of Mato […]
Petrobras Increases Natural Gas Prices to Distributors by 19%
(Reuters, 29.Apr.2022) — Brazil’s state-run oil company Petrobras said on Friday it will increase natural prices for distributors in the country by an average 19% […]
Petrobras on the Sale of its Stake in Deten
(Petrobras, 28.Apr.2022) — Petrobras, following up on the release disclosed on 04/27/2021, informs that today it signed a contract with Cepsa QuĂmica S.A. for the […]
Petrobras on UFN III Sale Process
(Petrobras, 28.Apr.2022) — Petrobras, following up on the release disclosed on 02/21/2020 and 02/04/2022, informs that sale process of 100% of its Nitrogen Fertilizer Unit […]
Equinox Gold Reports Drill Results from the Bahia Belt in Brazil
(Equinox Gold, 28.Apr.2022) — Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX) announced positive drill results from 2021 exploration drilling in the 70-km-long greenstone belt […]
Petrobras Highlights Its 1Q:22 Production and Sales
(Petrobras, 27.Apr.2022) — In 1Q22, Petrobras kept a solid operating performance, with average oil, NGL and natural gas production reaching 2.80 MMboed, 3.4% above 4Q21. […]
Petrobras on Receiving SĂ©pia Compensation
(Petrobras, 27.Apr.2022) — Petrobras received, at sight, the amount of R$14.55bn from TotalEnergies EP Brasil Ltda., Petronas PetrĂłleo Brasil Ltda. and QP Brasil Ltda., related […]
Petrobras on the Sale of the Albacora Leste Field
(Petrobras, 27.Apr.2022) — Petrobras, following up on the release disclosed on 11/05/2021, informs that its Board of Directors, in a meeting held today, approved the […]
Petrobras on Atapu and Sepia Contracts
(Petrobras, 27.Apr.2022) — Petrobras signed the Production Sharing Contract for the Surplus Volumes to the Transfer of Rights of Atapu in partnership with Shell Brasil […]
NRGBriefs: Chevron Dividend; Guyana Oil Demand; Argentina’s LNG Growth
(Energy Analytics Institute, 27.Apr.2022) — Energy briefs including Argentina’s Economic Minister MartĂn Guzmán saying that the country could generate around $15bn per year from exporting […]
Shell Inks Production Sharing Contract for Atapu Field in Brazil
(Shell, 27.Apr.2022) — Shell Brasil PetrĂłleo Ltda., a subsidiary of Shell plc, signed the Production Sharing Contract (PSC) to formally acquire a 25 percent stake […]
Great Panther Reveals Updated Mineral Estimates for Tucano Gold Mine
(Great Panther, 26.Apr.2022) — Great Panther Mining Limited (TSX: GPR) (NYSE-A: GPL), a growth-oriented precious metals producer focused on the Americas, reports Mineral Resource and […]
Petrobras Receives R$4.7bn from Total Energies EP Brasil Ltda. for Atapu
(Petrobras, 26.Apr.2022) — Petrobras, following up on the release disclosed on 19 April 2022, informs that it received today, at sight, the updated payment of […]
Aker and Statkraft to explore green hydrogen and ammonia in India and Brazil
(Aker Horizons, 26.Apr.2022, Words: 617) — Aker Horizons, through its portfolio company Aker Clean Hydrogen, and Statkraft have signed collaboration agreements to jointly explore opportunities […]
Petrobras Concludes Sale of E&P Assets in the Paraná Basin
(Petrobras, 20.Apr.2022) — Petrobras, following up on the release disclosed on 12/20/2021 and 12/30/2021, informs that it has today concluded the sale to the company […]
EPE Publishes April 2022 Brazil’s Short-Term Fuel Market Outlook
(EPE, 20.Apr.2022) — Brazilian liquid fuel market continued its strong performance at the beginning of 2022 with an increase of 1.1% in January and February […]
Day 1 of AAPG ICE Highlights: ANP Substitute Director Marina Abelha
(Energy Analytics Institute, 19.Apr.2022) — Highlights from ANP Brazil Substitute Director Marina Abelha during her presentation in Cartagena, Colombia on day 1 of the AAPG […]
Petrobras Confirms Details Around Atapu Compensation
(Petrobras, 19.Apr.2022) — Petrobras, following up on the release disclosed on 13 April 2022, informs that, contractually, TotalEnergies EP Brasil Ltda. – TotalEnergies may make […]
Petrobras to Release 1Q:22 Report, Host Results Call
(Petrobras, 19.Apr.2022) — Petrobras will release its 1Q22 Production and Sales Report on 27 April 2022 and its 1Q22 Financial Performance Report on 5 May […]
NRGBriefs: Mexico Approves Mining Reform; Argentine Inflation Around 6.7%
(Energy Analytics Institute, 18.Apr.2022) — Energy briefs including Mexico’s Chamber of Deputies approving the Mining Law reform, which reserves exploration, exploitation and use of lithium […]
Petrobras Starts Binding Phase of E&P Assets in the Gulf of Mexico
(Petrobras, 18.Apr.2022) — Petrobras, following up on the release disclosed on 16 February 2022, informs it started the binding phase regarding the sale of the […]
NRGBriefs: Trinidad’s Gas Production in Jan. 2022 Down 4% Y-O-Y
(Energy Analytics Institute, 14.Apr.2022) — Energy briefs including Trinidad and Tobago’s natural gas production reaching 2,877 MMcf/d (2.877 Bcf/d) in Jan. 2022, down 4% vs […]
Petrobras Approves Election of José Mauro Ferreira Coelho as CEO
(Petrobras, 14.Apr.2022) — Petrobras, following up on the release disclosed on 12 April 2022, informs that its Board of Directors, in a meeting held today, […]
Ecopetrol, Shell Pick up Six Blocks in Brazil Bid Round
(Energy Analytics Institute, 13.Apr.2022) — Ecopetrol, through its Brazilian affiliate Ecopetrol Ă“leo e Gás do Brasil, in partnership with Shell Brasil PetrĂłleo Ltda, picked up […]
Petrobras Approves Dividends Payment
(Petrobras, 13.Apr.2022) — Petrobras, following up on release disclosed on 23 February 2022, informs that, in a meeting held today, the Annual General Meeting (AGM) […]