(Petrobras, 29.Sep.2021) — Petrobras, following up the release disclosed on 24 August 2021, informs that the partner CNOOC Petroleum Brasil Ltda. expressed interest in exercising […]
Category: Brazil
Brazil energy
Petrobras Expands Social Actions
(Petrobras, 29.Sep.2021) — Petrobras‘ Board of Directors approved the allocation of R$300mn, over a period of 15 months, for the creation of a social program […]
Petrobras Inks Deal For Leasing Of Bahia LNG Terminal
(Petrobras, 28.Sep.2021) — Petrobras, following the release disclosed on 26 August 2021, signed with Excelerate Energy Comercializadora de Gás Natural Ltda. the lease contract of […]
Brazil Gas Disputes Rise As Open Market Nears
(Argus, 27.Sep.2021) — Tensions are mounting in Brazil’s natural gas industry among players eager to maintain their positions or broaden their stakes as the country’s […]
Brazil Gas Disputes Rise As Open Market Nears
(Argus, 27.Sep.2021) — Tensions are mounting in Brazil’s natural gas industry among players eager to maintain their positions or broaden their stakes as the country’s […]
ANP Publishes Production Related Resolution
(Energy Analytics Institute, 24.Sep.2021) — Brazil’s oil regulator ANP published on 24 September 2021 Resolution No. 852/2021, which regulates activities related to the production of […]
NRGBriefs: ANP Resolution, Ramirez Extradition Request
(Energy Analytics Institute, 23.Sep.2021) — Energy briefs from the LAC region including: Brazil’s ANP approving a resolution to regulate a reduction in royalties, a court […]
Petrobras Comments On Transpetro
(Petrobras, 21.Sep.2021— Petrobras’s Board of Directors of its subsidiary Petrobras Transporte S.A. (Transpetro) received a letter of resignation from Gustavo Santos Raposo as CEO of […]
Petrobras Signs Landmark Gas Supply Deal With Gerdau
(Argus, 13.Sep.2021) — Brazil’s state-controlled Petrobras signed a natural gas supply agreement with steel producer Gerdau in a debut of its more flexible pricing model […]
Brazilian Sector Shaking Up Gas Market
(Argus, 13.Sep.2021) — Brazil’s association of energy-intensive industries (Abrace) is holding a first-ever tender to purchase more than 6mn m3/d of natural gas. Abrace gas […]
Petrobras Gas Sale May Hike States’ Ownership
(Argus, 13.Sep.2021) — Brazil’s push for state-controlled Petrobras to divest from the domestic natural gas distribution business may end up boosting individual states’ ownership in […]
Drought Pressures Brazil’s Power Sector
(WoodMac, 8.Sep.2021) — The severe drought in Brazil will contribute to an extremely tight power balance in the country, new research from global natural resources […]
Petrobras Strategy Slows Gas Market Opening: Sources
(Argus, 6.Sep.2021) — Brazilian natural gas pipeline distributors and other gas buyers say state-run company Petrobras is making it more difficult to sign short-term supply […]
Brazilian Congress Approves Decree Related To Health Benefits
(Petrobras, 2.Sep.2021) — The Brazilian Congress approved yesterday the Legislative Decree that suspends the effects of CGPAR Resolution No. 23, a rule that was in […]
Brazil Jan-Jul Gas Imports Top 2020 Levels
(Argus, 1.Sep.2021) — Brazil’s natural gas imports in January-July reached a total of 8.7bn mÂł (310 Bcf), already reaching above the full-year total for 2020 […]
Petrobras Concludes TOR For Stake In Lapa Field
(Petrobras, 1.Sep.2021) — Petrobras, following up on the release disclosed on 21 December 2018, informs that it has finalized the transfer of rights of its […]
Brazil Warns Of Energy Crisis
(Reuters, 1.Sep.2021) — Brazil’s Mines and Energy Minister Bento Albuquerque is warning that the country’s energy crisis is worse than previously thought, as a record […]
Drought May Force Brazil To Ration Power
(Reuters, 1.Sep.2021) — Brazilian Vice President Hamilton Mourao said on Wednesday a severe drought could lead to energy rationing in Brazil, contradicting other officials who […]
Bolsonaro Says Has Discussed Fuel Prices With Petrobras
(Reuters, 31.Aug.2021) — Brazilian president Jair Bolsonaro said in an event in the state of Minas Gerais that he has discussed the reason for high […]
Bahia LNG Import Terminal Leasing Deal Advances
(Energy Analytics Institute, 26.Aug.2021) — Brazil’s state oil company Petrobras said the leasing process for the LNG Regasification Terminal of Bahia (TR-BA) and associated facilities […]
Hurdles Remain For Brazil’s Gas Distributors
(Argus, 26.Aug.2021) — Brazilian producers need to increase the amount of natural gas they offer in order to stimulate investment in gas infrastructure and boost […]
Excelerate Energy Advances On Leasing Of Bahia LNG Terminal
(Excelerate, 26.Aug.2021) — Excelerate Energy L.P. successfully concluded with PetrĂłleo Brasileiro S.A. (Petrobras) the negotiation stage of the tender process for the lease of Bahia […]
Petrobras Pays Dividends
(Energy Analytics Institute, 25.Aug.2021) — Brazil’s state owned PetrĂłleo Brasileiro S.A. (Petrobras) made a payment today which relates to the first installment of the remuneration […]
Petrobras Inks Deal To Divest REMAN Refinery
(Petrobras, 25.Aug.2021) — Petrobras signed today with the company Ream Participações S.A., a corporate company owned by the partners of Atem’s Distribuidora de PetrĂłleo S.A. […]
Petrobras On RNEST Divestment
(Petrobras, 25.Aug.2021) — Petrobras says interested parties in the sale process of the Abreu e Lima Refinery (RNEST) formally declined to submit a binding proposal […]
Shell Signs First Natural-Gas Supply Contract In Brazil
(Wall Street Journal, 25.Aug.2021) — Royal Dutch Shell PLC said Wednesday that it has signed a natural-gas sales contract with Companhia Pernambucana de Gas, its […]
Brazil In Talks With Argentina for Gas Pipeline from Vaca Muerta
(Reuters, 19.Aug.2021) — Brazil is negotiating with Argentina on the construction of a billion-dollar pipeline from the Vaca Muerta shale gas reserves, Brazilian President Jair […]
Braskem Offering Back On The Table
(Bloomberg, 19.Aug.2021) — A public equity offering is again emerging as a possible exit strategy for the controlling shareholders in one of the world’s top […]
LatAm Briefs: YPF Debt, Petrobras Taxes
(Energy Analytics Institute, 13.Aug.2021) — Energy briefs from the Latin America and Caribbean region including: YPF reducing its total debt, Petrobras’ tax collections to the […]
LatAm Briefs: Raizen IPO, Bolivian Gas
(Energy Analytics Institute, 5.Aug.2021) — Energy briefs from the Latin America and Caribbean region including: Argentina’s YPF Sociedad AnĂłnima repurchasing Class XII Notes, YPFB and […]
RaĂzen IPO To Accelerate Growth
(Shell, 5.Aug.2021) — Shell Brazil Holding B.V., a subsidiary of Royal Dutch Shell plc marks the start of trading in shares of RaĂzen S.A., the […]
Petrobras Hires JPMorgan To Sell Braskem Stake
(Reuters, 5.Aug.2021) — Brazilian state-run oil firm Petroleo Brasileiro SA (PETR4.SA) has hired JPMorgan Chase & Co (JPM.N) as adviser to sell its stake in […]
Petrobras Beats Estimates
(Reuters, 4.Aug.2021) — Brazil’s Petrobras beat second quarter profit estimates on Wednesday, as higher Brent prices, strong natural gas sales and relatively controlled expenses boosted […]
Petrobras On Refinery Sales Deadlines
(Petrobras, 30.Jul.2021) — Petrobras has celebrated a new addendum to the Term of Commitment to Cessation (TCC) signed with the Administrative Council for Economic Defense […]
Petrobras Inks Deal To Divest Power Companies
(Petrobras, 29.Jul.2021) — Petrobras, following up on the release disclosed on 11 September 2020, signed contracts for the sale of its 20% stakes in TermelĂ©trica […]
LatAm Briefs: Train 1 Mothballing, CVP Appointments
(Energy Analytics Institute, 28.Jul.2021) — Energy briefs from the Latin America and Caribbean region including: rising Brazilian imports of US LNG, Ecopetrol’s electric vehicles fleet, […]
S&P Upgrades Petrobras’ Credit Profile
(Petrobras, 28.Jul.2021) — Petrobras informs that the rating agency S&P Global Ratings raised its stand-alone credit profile (intrinsic risk) by one notch, from “bb” to […]
Petrobras Inks Contract To Divest Gaspetro
(Petrobras, 28.Jul.2021) — Petrobras, following up on the releases disclosed on 10 June 2020 and 30 December 2020, informs that it has signed a contract […]
Petrobras On Favorable Labor Lawsuit
(Petrobras, 28.Jul.2021) — Petrobras informs that, on this date, it became aware of a favorable decision handed down by the Minister Reporter of the Federal […]
Canadian Solar Raises $100mn To Support Brazil Project Portfolio
(Canadian Solar, 27.Jul.2021) — Canadian Solar Inc. (NASDAQ: CSIQ) closed a BRL 500mn (approximately $100mn) financing facility with Brazilian banks BTG Pactual and ItaĂş BBA. […]
LatAm Briefs: Argentine Output, Colombian Renewables
(Energy Analytics Institute, 22.Jul.2021) — Energy briefs from the Latin America and Caribbean region including: daily production details from Argentina’s NeuquĂ©n region to 13 renewable […]
Petrobras Highlights 2Q:21 Output, Sales
(Petrobras, 22.Jul.2021) — In 2Q21, Petrobras continued to operate safely and had a solid operating performance, despite the persistence of the pandemic scenario. The average […]
Brazilian Gas Availability Up 4.5% In June
(Argus, 19.Jul.2021) — The amount of Brazilian natural gas output offered to the market after flaring, loss and reinjection rose by 4.5pc in June from […]
Atlas Renewable, Unipar Ink PPA In Brazil
(Atlas Renewable, 16.Jul.2021) — Atlas Renewable Energy, an international leading renewable energy company, along with Unipar, a leader in chlorine, chlorides, and PVC in South […]
Vale Gets Permission To Import LNG
(S&P Global, 15.Jul.2021) — Brazilian multinational metals and mining company Vale has received permission from ANP, Brazil’s energy regulator, to import LNG for its own […]
ANP Authorizes To Import LNG
(Argus, 14.Jul.2021) — Brazil has authorized iron ore producer Vale to import LNG to serve its own heating demand. Brazilian oil and gas regulation agency […]
Petrobras Finalizes Sale Of Rio Ventura Cluster
(Petrobras, 14.Jul.2021) — Petrobras, following up on the release disclosed on 21 August 2020, informs that today it has concluded the sale of its total […]
Bolsonaro Authorizes Eletrobras Privatization
(Xinhua, 13.Jul.2021) — Brazilian President Jair Bolsonaro signed into law on Tuesday a bill approved by Congress that paves the way for the privatization of […]
Petrobras To Divest Papa-Terra Field
(Petrobras, 12.Jul.2021) — Petrobras, following up on the releases disclosed on 17 April 2020 and 24 November 2020, informs that it has signed with the […]
Petrobras Inks Itapu Coparticipation Deal
(Petrobras, 12.Jul.2021) — Petrobras signed with PrĂ©-sal PetrĂłleo S.A. (PPSA) the Itapu Coparticipation Agreement, which will regulate the coexistence of the Transfer of Rights Contract […]