(Petrobras, 15.Feb.2022) â Petrobras, following up on the release disclosed on 04/09/21, informs that it concluded today, together with its subsidiary Petrobras GĂĄs S.A. (Gaspetro), […]
Category: Brazil
Brazil energy
Brazil to be Net Gas Importer for Next Decade
(Argus, 15.Feb.2022) â Brazil will be a natural gas net importer for the next ten years, says Petrobras executive Ălvaro TupiassĂș during the 2nd Brazil […]
Brazil has Oil. Exxon Can’t Seem to Find It
(Reuters, 14.Feb.2022) â Exxon Mobil Corp has bet billions of dollars on offshore drilling in Brazil, an area it once abandoned and now sees as […]
Petrobras Registers Record Pre-Salt Production in 2021
(Zacks Equity Research, 14.Feb.2022) â Brazilian state-owned oil major Petrobras (PBR) announced that it accomplished its best pre-salt output from its offshore fields last year, averaging 1.95 […]
SBM Offshore Provides Project Update [PDF Download]
(SBM Offshore, 10.Feb.2022) â SBM Offshore provided a status update on individual projects from Guyana to Brazil. Guyana FPSO Liza Destiny The third stage flash […]
Petrobras Receives Int’l Award for debt Management
(Petrobras, 10.Feb.2022) â Petrobras was the winner of the “Deals of the Year” award, promoted by the North American magazine Latin Finance, in the category […]
Petrobras Provides 4Q:21 Production and Sales Highlights [PDF Download]
(Petrobras, 9.Feb.2022) â Petrobras posted an excellent operational performance in 2021, reaching all production targets for the year with the achievement of the following marks: […]
Petrobras on Labor Lawsuit Filed at the Federal Supreme Court (STF)
(Petrobras, 8.Feb.2022) â Petrobras informs that, on 14 February 2022, a majority of votes favorable to Petrobras was formed in the judgment of that discusses […]
Petrobras To Host 4Q:21 Results Calls
(Petrobras, 8.Feb.2022) â Petrobras will release its 4Q21 Production and Sales Report on 9 February 2022 and its 4Q:21 Financial Performance Report on 23 February […]
Fitch Confirms Petrobras’ Rating
(Petrobras, 8.Feb.2022) â Petrobras announced that the rating agency Fitch reaffirmed its rating at “BB-“, with negative outlook, following the Brazil’s rating. The standalone rating […]
Petrobras on FPSO for Parque das Baleias Integrated Project
(Petrobras, 7.Feb.2022) â Petrobras, following up on the release disclosed on 12 November 2021, informs it signed the contracts with the companies Yinson Bergenia Production […]
Petrobras Finalizes Divestment of Alagoas E&P Assets
(Petrobras, 4.Feb.2022) â Petrobras, following up on the releases disclosed on 30 June 2021 and 5 July /2021, concluded the sale of its entire stake […]
Petrobras Agrees to Draft SPA for UFN III
(Petrobras, 4.Feb.2022) â Petrobras, following up on the release disclosed on 21 February 2020, has reached an agreement for the draft of the Sale and […]
Petrobras Expresses Interest in Areas under Production Sharing Agreement
(Petrobras, 3.Feb.2022) â Petrobras expressed to the National Energy Policy Council (CNPE) the interest in the right of first refusal in blocks to be bid […]
Brazil Imports First Cargo of Guyanese Crude -Source
(Reuters, 3.Feb.2022) â An independent refiner has imported the first cargo of Guyanese crude oil into Brazil, according to tanker tracking data and a person […]
Petrobras on Receiving Last Installment of the Block BM-S-8 Sale
(Peterobras, 1.Feb.2022) â Petrobras, following up on the releases disclosed on 22 November 2016, 21 March 2018 and 9 December 2021, informs that it received […]
Petrobras Inks Deal to Divest Potiguar Cluster
(Petrobras, 31.Jan.2022) â Petrobras, following up on the release disclosed on 28 January 2022, informs that it signed today with the company 3R Potiguar S.A., […]
Petrobras Cancels Braskem Public Offering
(Petrobras, 28.Jan.2022) â Petrobras, following up on the releases disclosed on 16 December 2021 and 17 January 2022, informs that, together with NSP Investimentos SA […]
Petrobras on Urucu Cluster Divestment
(Petrobras, 28.Jan.2022) â Petrobras, following up on the releases disclosed on 7 December 2020 and 1 February 2021, informs that it has unsuccessfully concluded negotiations […]
Petrobras Proved Reserves Reach 9.9 BN BOE in 2021
(Petrobras, 28.Jan.2022) â Petrobras discloses its proved reserves of oil, condensate and natural gas, according to SEC (US Securities and Exchange Commission) regulation, estimated at […]
Petrobras on Albacora and Albacora Leste Divestment
(Petrobras, 25.Jan.2022) â Petrobras, in relation to the pieces of news in the media about the postponement of the signing of the contracts for the […]
Equinox Gold Says Production Increasing to 625,000 to 710,000 Ounces of Gold
(Equinox Gold Corp, 25.Jan.2022) â Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX) announces 2022 production guidance of 625,000 to 710,000 ounces of gold, increasing from […]
TechnipFMC Awarded Large EPCI Contract by Petrobras for BĂșzios 6 Field
(TecnhipFMC, 24.Jan.2022) â TechnipFMC (NYSE: FTI) (PARIS: FTI) has been awarded a large(1) subsea Engineering, Procurement, Construction and Installation (EPCI) contract by Petrobras for its […]
ONGC Videsh Enters Development Stage Offshore Brazil at BM-SEAL-4
(ONGC, 24.Jan.2022) â ONGC Videsh Limited (OVL) had registered a major gas discovery in 2019 in its deep offshore block BM-SEAL-4, Brazil, located in the […]
Petrobras on Potiguar Cluster Divestment
(Petrobras, 19.Jan.2022) â Petrobras, regarding the pieces of news in the media about the divestment project of the Potiguar Cluster, which includes a set of […]
NRGBriefs: PDVSA Debt Stood at $35bn at YE:21
(Energy Analytics Institute, 19.Jan.2022) â Energy briefs including Brazilâs President Jair Bolsonaro visiting w/ his counterparts in Suriname and Guyana to discuss oil and gas […]
Brazil Gas Industry Sees Risk on ‘Hasty’ State Laws
(Argus, 18.Jan.2022) â Some of Brazil’s largest natural gas consumers, pipeline companies and oil and gas producers are complaining that new state laws could reduce […]
Wintershall Dea Exits Activities in Brazil
(Wintershall Dea, 17.Jan.2022) â Wintershall Dea decided to terminate all its operations in Brazil and to close the current office in Rio de Janeiro after […]
Petrobras on Sale of Braskem Stake
(Petrobras, 17.Jan.2022) â Petrobras, following up on the release disclosed on 16 December 2021, informs its shareholders and the market in general that it has […]
Bolsonaro to Visit Suriname and Guyana for Talks on Oil Cooperation
(Reuters, 17.Jan.2022) â Brazilian President Jair Bolsonaro will visit Suriname and Guyana on Thursday and Friday for talks on economic cooperation following recent discoveries of […]
Petrobras Comments on 2021 Production, Cuts 2022 Target
(Petrobras, 14.Jan.2022) â Petrobras confirms the achievement of its production targets for the year 2021, with the following results: The highlights of 2021 were: âą […]
Q&A: Brazil to Offer Incentives for Shale Exploration
(Argus, 11.Jan.2022) â Brazil wants to start exploration and production of non-conventional gas resources, such as shale and tight gas, rekindling the public debate that […]
World Bank: Global Growth to Slow Through 2023
(World Bank, 11.Jan.2022) â Following a strong rebound in 2021, the global economy is entering a pronounced slowdown amid fresh threats from COVID-19 variants and […]
Ceiba Energy Wins PPA for 1.6GW Portocem Project in Brazil
(Ceiba Energy, 10.Jan.2022) â Houston-based power company Ceiba Energy, backed by Denham Capital, a global sustainable infrastructure, energy and resources focused investment firm, announced the […]
UNICEF Brazil Flash Situation on Bahia Floods [PDF Download]
(UNICEF, 8.Jan.2022) â The southern part of Bahia state and north of Minas Gerais state have been affected by a dam collapse, heavy rains and […]
Petrobras Still Seeking to Divest up to 100% in Braskem
(Petrobras, 6.Jan.2022) â Petrobras, regarding the news published in the media, clarifies that, as disclosed on 16 December 2021, it maintains its position of seeking […]
Petrobras, Novonor Pick Banks for $1.5bn Braskem Share Sale
(Bloomberg, 5.Jan.2022) â The controlling shareholders of Braskem SA, one of the worldâs top petrochemical makers, have picked banks to unload a roughly $1.5 billion […]
NRGBriefs: Presidential Elections in Brazil and Colombia
(Energy Analytics Institute, 4.Jan.2022) â Energy briefs including presidential elections in Brazil and Colombia this yr could see showdowns between Lula da Silva and Jair […]
NRGBriefs: Buenos Aires Power Outages
(Energy Analytics Institute, 3.Jan.2022) â Energy briefs including power outages in Buenos Aires, Argentina; Brazilian fuel distributors supplying 1.3bn liters of biofuels in the 1Q:22; […]
Brazilâs Oil Production Rose 2.7% in November [PDF Download]
(Energy Analytics Institute, 3.Jan.2022) â Brazilâs national production of crude oil and natural gas totaled 3,711 million barrels of oil equivalent per day (MMboe/d) in […]
NRGBriefs: Great Panther Files Defense to Infractions
(Energy Analytics Institute, 30.Dec.2021) â Energy briefs including Great Panther filing a defense to three infraction notices delivered to its Brazilian subsidiary, Mina Tucano Ltda.; […]
Brazilian Elections Will Not Affect Petrobras Pricing, CEO Pledges
(Reuters, 30.Dec.2021) â Brazil’s 2022 general elections will not influence the fuel pricing policy of Petrobras, the chief executive of the state-run oil company told […]
Petrobras Responds to Preliminary Injunctions on Gas Contracts
(Petrobras, 30.Dec.2021) â Petrobras was notified, on this date, of preliminary decisions rendered by the Court of Justice of the State of Rio de Janeiro […]
Q&A: Excelerate Looks South for LNG Opportunities
(Argus, 28.Dec.2021) â Brazil’s unfolding market opening for natural gas could also create opportunities for LNG in the region as a complementary energy source, US […]
NRGBriefs: Ecopetrol Sends First Carbon-Neutral Cargo to PetroChina
(Energy Analytics Institute, 28.Dec.2021) â Energy briefs including Colombiaâs state-controlled Ecopetrol agreeing to ship 1 MMbbls of Castilla blend oil to PetroChina for delivery in […]
NRGBriefs: CFIUS Approves Pemexâs Deer Park Refinery Purchase
(Energy Analytics Institute, 22.Dec.2021) â Energy briefs including Chile being chosen for the 2nd consecutive yr as the most attractive emerging mkt to invest in […]
Petrobras On LPG Focused Social Program
(Petrobras, 22.Dec.2021) â Petrobras, following up on the releases disclosed on 29 September and 8 December 2021, informs that its Board of Directors approved the […]
Petrobras Concludes Sale of Bahia Onshore Fields
(Petrobras, 22.Dec.2021) â Petrobras, following up on the release disclosed on 23 Dec. 2020, informs that it concluded today the sale of its total stake […]
Petrobras Completes Renewal of its Shelf Registration
(Petrobras, 22.Dec.2021) â Petrobras completed the renewal of its shelf registration with the US Securities and Exchange Commission (SEC). The shelf registration allows Petrobras to […]
Petrobras Submits Development Plan for Tupi and Iracema
(Petrobras, 22.Dec.2021) â Petrobras, as the operator of the Tupi Field, submitted to the National Petroleum, Natural Gas and Biofuel Agency (ANP), the review of […]