Brazil Archives - Page 2 of 29 -

Petrobras Starts SNOX Unit at Abreu e Lima Refinery

(Energy Analytics Institute, 19.Dec.2024) — Petrobras commenced operation of the atmospheric emissions reduction unit (SNOX) at the Abreu e Lima refinery (RNEST). Reduced emissions at […]

Brava Energia Signs Contract with São Paulo Gas Distributor Comgás

(Aaron Simonsky, Energy Analytics Institute, 19.Dec.2024) — Brava Energia S.A. signed a 3-year natural gas supply contract with Comgás. The contract with the São Paulo […]

Petrobras Updates on 6.250% Global Notes due 2026

(Energy Analytics Institute, 18.Dec.2024) — State-owned Petrobras’ wholly-owned subsidiary Petrobras Global Finance B.V. (PGF) delivered notices to the holders of the outstanding 6.250% Global Notes […]

Eldorado do Sul to Build LatAm’s First Data Center City

(AaronSimonsky, Energy Analytics Institute, 18.Dec.2024) — The mayor of Eldorado do Sul, Rio Grande do Sul state in Brazil signed into law new legislation enabling […]

Kongsberg to Deliver 6 Hybrid PSVs to CMM in Brazil

(Aaron Simonsky, Energy Analytics Institute, 16.Dec.2024) — Kongsberg Maritime, in partnership with Compagnie Maritime Monegasque (CMM), ranked first in Petrobras’ tender for 6 state-of-the-art hybrid […]

Petrobras Chairman Pietro Mende Appointed to ANP Board

(Aaron Simonsky, Energy Analytics Institute, 16.Dec.2024) — Petrobras said that the chairman of the company’s Board of Directors, Pietro Adamo Sampaio Mendes, was appointed by […]

Petrobras to Return to DJSI World in Feb. 2025

(Aaron Simonsky, Energy Analytics Institute, 16.Dec.2024) — Rio de Janeiro-based Petrobras will return to the Dow Jones Sustainability Index World (DJSI World) of S&P Global’s […]

SLB Inks Deal with Petrobras for Búzios Field

(Energy Analytics Institute, 12.Dec.2024) — SLB revealed a contract award by Rio de Janeiro-owned Petrobras to its OneSubsea™ joint venture for two subsea raw seawater […]

Argentina’s Hydrocarbon Sector Takes Baby Steps in 2024, Bigger Steps to Come in 2025

(Camilo Ciruzzi , Energy Analytics Institute, 11.Dec.2024) — Efforts by Argentina’s president Javier Milei have resulted in a more flexible regulatory framework and to the […]

Petrobras Cleared for R$17.12bn Distribution to Shareholders

(Energy Analytics Institute, 10.Dec.2024) — Petrobras‘ Board of Directors approved the distribution of remuneration to shareholders in the amount of R$17.12bn, equivalent to R$1.32820661 per […]

Petrobras Eyes 10 FPSOs by 2029 with 1.8 MMb/d Production Capacity

MEXICO CITY, MEXICO (Pietro D. Pitts, Energy Analytics Institute, 10.Dec.2024) — Rio de Janeiro-based Petrobras has an eye on 17 floating production storage offloading (FPSO) […]

Energy Ministry Nominates Pietro Mendes for ANP Directorship

(Energy Analytics Institute, 4.Dec.2024) — Petrobras Chairman of the Board Mr. Pietro Adamo Sampaio Mendes, has been nominated by the Ministry of Mines and Energy […]

BYD Eyes Producing EVs in Brazil in 2025

(Energy Analytics Institute, 3.Nov.2024) — Build Your Dream (BYD) Executive Vice President and CEO of the Americas Stella Li said the Chinese auto maker eyes […]

EAI’s NRGBriefs Nov.2024: GranMorgu iEPCI, Sempra PALNG1, Energy Transfer Ammonia Hub

(Energy Analytics Institute, 30.Nov.2024) — Energy briefs as well as others related to finance and projects during Nov. 2024 including Woodside Energy saying work on […]

Petrobras Starts Procurement for SEAP in Sergipe-Alagoas Basin

(Energy Analytics Institute, 29.Nov.2024) — Petrobras initiated a new procurement process for the construction of up to two FPSO oil production units for the Sergipe […]

Ecopetrol Eyes Investing 24tn-28tn Pesos in 2025

(Ecopetrol, 29.Nov.2024) — Ecopetrol S.A. announces that the Board of Directors approved the annual investment budget of the Ecopetrol Group for 2025 for an amount […]

Petrobras Reveals Tartaruga Field Teaser [PDF Download]

(Energy Analytics Institute, 27.Nov.2024) — Petrobras commenced the teaser stage for the transfer of its 25% minority stake in the Tartaruga Field, located in the […]

Petrobras Inks HOA with Danish Company

(Energy Analytics Institute, 27.Nov.2024) — Petrobras signed a Heads of Agreement (HOA) with the Danish company European Energy—which develops, builds and operates renewable energy assets, […]

Race for LatAm Offshore Wind Energy Starting

(Margarita Nieves-Zárate, Energy Analytics Institute, 26.Nov.2024) — The race for offshore wind energy in Latin America is just starting. According to the Global Wind Energy […]

Petrobras Eyes Ethanol Sector

(Energy Analytics Institute, 23.Nov.2024) — Petrobras plans to enter the ethanol sector preferably through minority strategic partnerships or shared control with relevant players in the […]

Petrobras Approves Business Plan 2025-2029 [PDF Download]

(Petrobras, 21.Nov.2024) — Petrobras‘ Board of Directors approved, at a meeting held today, the Strategic Plan 2050 (SP 2050) and the Business Plan 2025-2029 (BP […]

Petrobras BODs Approves Remuneration to Shareholders

(Petrobras, 21.Nov.2024) — Petrobras‘ Board of Directors approved the payment of extraordinary dividends in the amount of R$20bn, equivalent to R$1.55174293 per common and preferred […]

Petrobras to Pay Remuneration to Shareholders

(Petrobras, 21.Nov.2024) — Petrobras, following up on the Material Fact of 8 Aug. 2024, will pay the first installment of the dividends approved by its […]

High-impact Exploration Could Cut Scope 1 and 2 Emissions by 6% in 2030

(WoodMac, 21.Nov.2024) — Investment in oil and gas exploration has plummeted two-thirds in the last decade, but the industry still has a critical role to […]

G20 Summit Can Provide Momentum for Sustainable Development

(China Daily, 18.Nov.2024) — With the international community increasingly at risk of being torn apart by the centrifugal force generated by the black hole at […]

Petrobras to Host Webcast to Present Strategic Plan 2050

(Energy Analytics Institute, 18.Nov.2024) — Petrobras will hold a webcast on 22 Nov. 2024 in the presence of the company’s Executive Board of Directors (BODs) […]

Petrobras Reiterates Details of 2025-2029 Business Plan

(Energy Analytics Institute, 18.Nov.2024) — Rio de Janeiro-based state oil giant Petrobras reiterated that the proposal for its 2025-2029 Business Plan was deliberated by its […]

Sheinbaum Proposes Reforestation Fund at G20 in Rio de Janeiro

(Energy Analytics Institute, 18.Nov.2024) — At the G20 Leaders Summit in Rio de Janeiro, Brazil, Mexico’s President Claudia Sheinbaum proposed establishing a fund to finance the […]

Petrobras and Yara Ink Deals for Technical Cooperation of ARLA 32

(Energy Analytics Institute, 18.Nov.2024) — Petróleo Brasileiro S.A. or Petrobras signed two agreements with Yara and Araucária Nitrogenados S.A. (ANSA) in a next step towards […]

Petrobras Commences Commercial Operations UPGN in Rio de Janeiro

(Energy Analytics Institute, 11.Nov.2024) — Petróleo Brasileiro S.A. (Petrobras) said the Natural Gas Processing Unit (UPGN), located at the Boaventura Energy Complex (Itaboraí, RJ) commenced commercial […]

Petrobras Starts Commercial Operation of Boaventura Energy Complex’s NGPU

(Petrobras, 11.Nov.2024) — Since 10 Nov. 2024, the Natural Gas Processing Unit (NGPU), situated at the Boaventura Energy Complex (Itaboraí, RJ), has been commercially operating […]

Petrobras Comments on Shareholder Remuneration

(Petrobras, 7.Nov.2024) — Petrobras informs that its Board of Directors (CA), in a meeting held today, approved the payment of interim dividends in the amount […]

Petrobras Reveals 3Q:24 Financial Performance (PDF Download)

(Petrobras, 7.Nov.2024) — Petrobras Chief Financial and Investor Relations Officer Fernando Melgarejo commented on the Brazilian company’s financial performance in the third-quarter 2024. “In this […]

Petrobras Ends Petrobras Biocombustível (PBio) Divestment Project

(Energy Analytics Institute, 6.Nov.2024) — Petrobras‘ Executive Board approved the end of the divestment project of its wholly-owned subsidiary Petrobras Biocombustível S.A. (PBio), which will […]

Petrobras Reveals 3Q:24 Webcast Schedule

(Energy Analytics Institute, 5.Nov.2024) — Petrobras has rescheduled for 2 p.m. the webcast to be held on 8 Nov. 2024 to present the company’s third-quarter […]

Petrobras Responds to Rumors about Dividends, Strategic Plan

(Energy Analytics Institute, 1.Nov.2024) — Rio de Janeiro-based Petrobras, responding to news published in the Brazilian media about the payment of extraordinary dividends and about […]

Petrobras 3Q:24 Hydrocarbon Production in Two Charts

(Energy Analytics Institute, 31.Oct.2024) — Brazil’s state-owned Petrobras reported total hydrocarbon production of 2,689 Mboe/d in the third quarter 2024 (3Q:24), down 0.8% sequentially compared […]

EAI’s NRGBriefs: Oct. 2024

(Energy Analytics Institute, 31.Oct.2024) — Energy briefs as well as others related to finance and projects during Oct. 2024 including TotalEnergies and APA Corp. announcing […]

Mero 3 FPSO Starts Production in Libra Pre-salt Offshore Brazil

(Energy Analytics Institute, 30.Oct.2024) — Brazil’s state-owned Petrobras announced that on 30 Oct. 2024 the Marechal Duque de Caxias platform ship (Mero 3) has started […]

Petrobras Updates on Collective Action Judgement in the Netherlands

(Petrobras, 30.Oct.2024) — Petrobras, further to the Announcements to the Market of 29 Jan. 2020, 27 May 2021 and 26 Jul. 2023, hereby informs that […]

Petrobras Reports 3Q:24 Output of 2.7 MMboe/d (PDF Download)

(Petrobras, 28.Oct.2024) — In 3Q:24, Petrobras‘ total production of oil, NGL and natural gas reached 2,689 Mboed, in line with 2QÑ24. The highlights were the […]

Baker Hughes to Supply Petrobras with Flexible Pipe Systems

(Baker Hughes, 28.Oct.2024) — Baker Hughes announced significant contracts with Petrobras to provide 77 km of flexible pipe systems to be deployed in Brazil’s pre-salt […]

Baker Hughes to Supply Petrobras with Flexible Pipe Systems

(Energy Analytics Institute, 28.Oct.2024) — Baker Hughes signed significant contracts with Brazil’s state-owned Petrobras to provide 77 km of flexible pipe systems to be deployed […]

LatAm NRG Matters: Highlights, Heard for the Week Ended 25 Oct. 2024

(Energy Analytics Institute, 25.Oct.2024) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 25 Oct. 2024. —Argentina: Oil production reached […]

Petrobras Updates on Nitrogen Fertilizer Project

(Petrobras, 25.Oct.2024) — Petrobras‘ Board of Directors decided to continue implementing the Nitrogen Fertilizer Unit (UFN-III), located in Três Lagoas (MS). The decision is based […]

Clariant Recognized by Petrobras with Suppliers Award for Health and Wellness

(Clariant, 24.Oct.2024) — Clariant Oil Services, a producer and supplier of specialty oilfield production chemicals and services to the oil and gas industry, was honored […]

Petrobras to Invest BRL60mn in BRAVO Buoy’s Phase Two

(Petrobras, 24.Oct.2024) — Petrobras will invest BRL 60mn in a new sea wind testing and measuring phase by releasing new BRAVO buoy units to collect, […]

Petrobras Reveals 3Q:24 Results Details

(Energy Analytics Institute, 21.Oct.2024) — Petrobras will release its 3Q:24 Production and Sales Report on 28 Oct. 2024 and its 3Q:24 Financial Performance Report on […]

SLB Reports Rise in LatAm Revenues in 3Q:24 [PDF Downloads]

(Energy Analytics Institute, 18.Oct.2024) — SLB announced that its revenue in Latin America reached $1.69bn in the third-quarter 2024, down 3% sequentially, reflecting lower production […]

TotalEnergies Divests Fuel Distribution Activities in Brazil

(Energy Analytics Institute, 18.Oct.2024) — France’s TotalEnergies inked an agreement to divest its fuel distribution activities in Brazil to the Brazilian company SIM Distribuidora. The […]

CNOOC Inks 4 Contracts for Blocks Offshore Brazil

(Energy Analytics Institute, 17.Oct.2024) — CNOOC Limited’s wholly owned subsidiary, CNOOC Petroleum Brasil Ltda, entered into 4 Concession Contracts for exploration blocks offshore Brazil with the Brazilian […]

FPSO Maria Quitéria Starts Operating in Campos Basin

(Petrobras, 15.Oct.2024) — The Maria Quitéria platform ship produced its first oil on 15 Oct. 2024 in the Jubarte field, pre-salt in the Espírito Santo […]

Petrobras Inks 3 Concession Pelotas Basin Contracts

(Energy Analytics Institute, 9.Oct.2024) — Petrobras signed the three remaining concession contracts from the 4th Permanent Concession Offer Cycle. The concessions were acquired in partnership […]

Petrobras Sets New Refinery Production Records

(Petrobras, 7.Oct.2024) — Petrobras reports that the Total Utilization Factor (FUT) of its refineries reached 96.8% in Sep. 2024, representing the highest monthly result in […]

LatAm NRG Matters: Highlights, Heard

(Energy Analytics Institute, 4.Oct.2024) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 4 Oct. 2024. LATIN AMERICA —Argentina: Malaysian […]

Petrobras and Ternium to Supply Gas in the Rio de Janeiro Free Market

(Petrobras, 3.Oct.2024) — Petrobras and Ternium entered into a contract to supply natural gas in the free trading environment to the Ternium plant in Rio […]

Moody’s Raises Petrobras’ Outlook to Positive

(Energy Analytics Institute, 2.Oct.2024) — Moody‘s raised the outlook on Petrobras‘ ratings from stable to positive, Petrobras announced 2 Oct. 2024 in an official statement. […]

EAI’s NRGBriefs: Sep. 2024

(Energy Analytics Institute, 30.Sep.2024) — Energy briefs as well as others related to finance and projects during Sep. 2024 including Petrobras inking separate MOUs with […]

LatAm NRG Matters: Highlights, Heard

(Energy Analytics Institute, 27.Sep.2024) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 27 Sep. 2024. —Argentina: Petronas is rumored […]

Scala Data Centers Secures $500mn from Coatue and IMCO

(Scala Data Centers, 23.Sep.2024) — Scala Data Centers, the hyperscale sustainable data center platform in Latin America, is pleased to announce the successful completion of $500mn in structured financing. […]

Petrobras on Payment of Remuneration to Shareholders

(Petrobras, 20.Sep.2024) — Petrobras, following up on the Material Fact of 13 May 2024 and the Communication of 11 Jun. 2024, informs that will pay […]

Petrobras Awards TechnipFMC Subsea Contracts by for Brazil’s Pre-Salt Fields

(Energy Analytics Institute, 19.Sep.2024) — TechnipFMC has been awarded two subsea contracts by Brazil’s state-owned Petrobras for the pre-salt fields offshore the South American country. […]

Petrobras on Media Reports on Fuel Prices

(Energy Analytics Institute, 18.Sep.2024) — Petrobras downplayed claims in the media that it has decided to reduce fuel prices. “Any adjustments to the prices of its […]

Petrobras on Closing of Offering of Dollar-denominated Global Notes

(Petrobras, 16.Sep.2024) — Petrobras announced (i) the settlement of the international capital markets offering of US$1bn 6.000% Global Notes due 2035 (the “New Notes and […]

Petrobras Updates on Favorable Arbitration

(Petrobras, 12.Sep.2024) — Petrobras informs that a favorable final arbitration award has been handed down in one of the arbitrations taking place before B3’s Market Arbitration […]

Scala Data Centers and Rio Grande do Sul Govt Ink Infrastructure Deal

(Scala Data Centers, 11.Sept.2024) — The government of the Brazilian state of Rio Grande do Sul, through the Department of Economic Development (Sedec), and Scala Data […]

Petro-Victory Energy Inks MOU with Eneva in Brazil

(Energy Analytics Institute, 10.Sep.2024) — Petro-Victory Energy Corp. has entered into a Memorandum of Understanding (MOU) with Eneva for the development of Petro-Victory’s non-associated gas resources […]

G Mining Ventures to Buy the CentroGold Project from BHP

(G Mining Ventures, 9.Sep.2024) — G Mining Ventures Corp. (“GMIN” or the “Corporation“) has entered into a purchase and sale agreement to acquire tenements in the Gurupi […]

Gerdau and Petrobras Ink Deal for Low-carbon Business Studies

(Petrobras, 9.Sep.2024) — Petrobras has signed a Memorandum of Understanding (MoU) with Gerdau S.A., aimed at evaluating commercial opportunities and potential partnerships in decarbonization projects; low […]

Petrobras and Embrapa to Research Low-carbon Products and Fertilizers

(Petrobras, 6.Sep.2024) — Petrobras and Embrapa signed a Cooperation Agreement (CA) this Friday (6/6) to conduct technical studies on renewable raw materials to obtain low-carbon […]

Petrobras Prices U.S. Dollar-denominated Global Notes

(Petrobras, 4.Sep.2024) — Petrobras announces the pricing of global notes denominated in U.S. Dollars (the “Notes”) to be issued by its wholly-owned subsidiary Petrobras Global Finance […]

Platts Launches Daily South America Lithium Triangle Price Assessments

(Platts, 3.Sep.2024) — Platts, part of S&P Global Commodity Insights, the leading independent provider of information, data, analysis, benchmark prices and workflow solutions for the commodities, […]

Petrobras to Offer Dollar-denominated Global Notes

(Petrobras, 3.Sep.2024) — Petrobras announces that its wholly-owned subsidiary, Petrobras Global Finance B.V. (PGF), has commenced (i) an offering of a new series of U.S. […]

Petrobras and CSN Ink Deal to Supply Gas in RJ’s Free Environment

(Petrobras, 2.Sep.2024) — “Petrobras and CSN entered into a contract to supply natural gas to the CNS plant situated in Rio de Janeiro (RJ). This […]

EAI’s NRGBriefs: Aug. 2024

(Energy Analytics Institute, 31.Aug.2024) — Energy briefs as well as others related to finance and projects during Aug. 2024 including Petrobras achieving its main target […]