(Petrobras, 29.Sep.2020) — Petrobras, in response to Official Letter 7132/2020/CGAA4/SGA1/SG/CADE, dated 29 September 2020, and further to the notice disclosed on 3 August about the […]
Category: Brazil
Brazil energy
Petrobras: Accumulated Tupi Output Reaches 2 Billion BOE
(Petrobras, 28.Sep.2020) — Petrobras announced accumulated production of the Tupi field, located in the pre-salt of the Santos Basin, approximately 230 km from the coast […]
Petrobras Comments On Deal With Sete Brasil
(Petrobras, 28.Sep.2020) — Petrobras, following up on the release disclosed on 24 June 2020, informs that its Executive Board approved a second alteration to the […]
Petrobras Comments On Revolving Credit Lines
(Petrobras, 28.Sep.2020) — Petrobras, following up on the releases disclosed on 25 August 2020, 27 July and 20 March, informs it has made the total […]
Petrobras To Review Golar’s Participation In Terminal
(Reuters, 28.Sep.2020) — Brazilian oil producer Petroleo Brasileiro SA said it will review liquefied natural gas (LNG) company Golar Power’s participation in an ongoing tender […]
Petrobras Grabs Assets From Total E&P do Brasil LTDA
(Petrobras, 28.Sep.2020) — Petrobras signed an agreement on 25 September 2020, under which Total E&P do Brasil LTDA will transfer to Petrobras the operatorship and […]
Petrobras Starts Potiguar Cluster Non-binding Phase
(Petrobras, 28.Sep.2020) — Petrobras, following up on the release disclosed on 24 August 2020, informs the beginning of the non-binding phase regarding the sale of […]
Petrobras Inks Deal For Stake In Gás Local
(Petrobras, 25.Sep.2020) — Petrobras signed, on this date, contracts with White Martins Gases Industriais Ltda. including: (a) sale of Petrobras’ 40% stake in the company […]
Petrobras Starts Teaser For Campos Basin E&P Assets
(Petrobras, 25.Sep.2020) — Petrobras started the opportunity disclosure stage (teaser), referring to the sale of all of its stakes in the Albacora and Albacora Leste […]
Petrobras Finds Oil At Campos Basin Well
(Petrobras, 23.Sep.2020) — Petrobras found the presence of hydrocarbons in the pioneer well of block C-M-657, located in the pre-salt of the Campos Basin. Well […]
Petrobras On Secondary Public Offer
(Petrobras, 22.Sep.2020) — Petrobras, in relation to the news published in the media, reiterates that it has not yet been defined the moment to launch […]
Petrobras Receives Two Proposals For Repar
(Petrobras, 21.Sep.2020) — Petrobras, in relation to the news published in the media, referring to the divestment of the Presidente GetĂşlio Vargas Refinery (Repar), clarifies […]
FSRU Experience Breaks Send-Out Record
(Execelerate Energy, 21.Sep.2020) — On 16 September 2020, Excelerate Energy successfully reached a send-out capacity of 1.06 billion cubic feet (Bcf) of natural gas on […]
Petrobras Prepares For Competitive Markets
(Petrobras, 18.Sep.2020) — Petrobras launched two programs aimed at preparing its refining and natural gas activities for an open, competitive market and to transition into […]
Petrobras CEO Says 11,000 Employees To Leave Co.
(Reuters, 17.Sep.2020) — Approximately 11,000 employees of Brazilian state-run oil company Petrobras have accepted buyout packages and will leave the firm this year or next, […]
Petrobras Starts Teaser For Fertilizer Unit In Paraná
(Petrobras, 17.Sep.2020) — Petrobras has started the opportunity disclosure stage (teaser), referring to the sale of all its shares in the company Araucária Nitrogenados S.A. […]
Enauta Names Decio Oddone CEO Replacing Guardado
(Reuters, 17.Sep.2020) — Decio Oddone, the former head of Brazil’s national oil regulator, will replace Lincoln Guardado as chief executive officer of oil producer Enauta […]
Petrobras Ends Testing At LNG Regasification Terminal
(Petrobras, 17.Sep.2020) — Petrobras successfully concluded the operation test with an flowrate of 30 MMm3/day (millions of cubic meters per day) of natural gas, held […]
Petrobras On Track To Raise Rio’s LNG Import Capacity
(Reuters, 17.Sep.2020) — Brazil’s Petrobras PETR4.SA has successfully concluded tests that will allow for a 50% capacity expansion at its Rio de Janeiro liquefied natural […]
Pompeo To Visit Guyana, Suriname, Brazil, Colombia
(US State Department, 15.Sep.2020) — Secretary of State Michael R. Pompeo will travel to Paramaribo, Suriname; Georgetown, Guyana; Boa Vista, Brazil; Bogota, Colombia; and Plano, Texas, September 17-20, 2020.  This trip […]
Petrobras Changes Name Of Lula Field To Tupi Field
(Petrobras, 14.Sep.2020) — Petrobras announces the National Agency of Petroleum, Natural Gas and Biofuels (ANP) approved the change in the name of the Lula field […]
Petrobras Cuts E&P CAPEX To $40-$50bn From $64bn
(Petrobras, 14.Sep.2020) — Petrobras reports on the revision of the Exploration & Production (E&P) segment portfolio in face of the crisis caused by COVID-19. The […]
Petrobras Starts Binding Phase For Power Companies
(Petrobras, 11.Sep.2020) — Petrobras, following up on the press release disclosed on 07/06/2020, informs the beginning of the binding phase regarding the sale of its […]
Petrobras Collaborates With New Phase Of Lava Jato
(Petrobras, 11.Sep.2020) — Petrobras informs that yesterday, the 74th phase of Lava Jato operation (Car Wash) was launched, in which the Federal Prosecutors and the […]
Petrobras Signs Onto PACI At World Economic Forum
(Petrobras, 9.Sep.2020) — Petrobras has again become a signatory to the anti-corruption initiative Partnering Against Corruption Initiative (PACI) of the World Economic Forum. PACI is […]
Petrobras Reports Record S-10 Diesel, LPG Production
(Petrobras, 9.Sep.2020) — Petrobras announced that, for the third month in a row, it has broken the production record of S-10 Diesel, low-sulfur diesel. In […]
Petrobras On Binding Phase For Santos Basin Assets
(Petrobras, 8.Sep.2020) — Petrobras, following up on the release from 10 August 2020, informs the beginning of the binding phase regarding the sale of 50% […]
Capital Research Acquires Petrobras Preferred Shares
(Petrobras, 8.Sep.2020) — Petrobras, in compliance with article 12 of CVM Instruction no. 358, dated of 1/3/2002, reports it was notified today by Capital Research […]
Total Resigns Operator Role In Foz Do Amazonas Basin
(Total, 7.Sep.2020) — Total notified its partners on 19 August 2020 about its resignation from its role of operator for five exploration blocks, located in […]
Petrobras Concludes Jupiter Area Drill Stem Test
(Petrobras, 4.Sep.2020) — Petrobras informs the conclusion of the Drill Stem Test (DST) in the area of JĂşpiter Discovery Assessment Plan, located in the Santos […]
Brazil Eyes Temporary Quota For Tariff-free Ethanol
(Reuters, 1.Sep.2020) — Brazil is studying the resumption of a zero-tariff quota for its ethanol imports, but only for three months, aimed at getting the […]
Wärtsilä To Convert Brazilian Power Plant
(Wärtsilä Corp. 25.Aug.2020) — The technology group Wärtsilä will convert a Brazilian power plant to 100 percent natural gas operation, while at the same time […]
Petrobras Inks Deal With SPE Rio Ventura
(Petrobras, 21.Aug.2020) — Petrobras, following up on the release disclosed on 26 August 2019, signed today with SPE Rio Ventura S.A., a wholly-owned subsidiary of […]
Transpetro’s CEO Elia de Marsillac Resigns Post
(Petrobras, 21.Aug.2020) — Petrobras announced the Board of Directors of its subsidiary Petrobras Transporte S.A. (Transpetro) received a letter of resignation from Cristiane Elia de […]
TechnipFMC Wins Subsea EPCI For Mero 2 Project
(TechnipFMC, 20.Aug.2020) — TechnipFMC has been awarded a large(1) contract for Engineering, Procurement, Construction and Installation (EPCI) through a competitive contracting process, by Petrobras, the […]
Petrobras Comments On Petros Plan
(Petrobras, 19.Aug.2020) — Petrobras, following up to the announcement made on 10 March 2020, said the cash contribution of R$ 2.05 billion to be paid […]
Petrobras On Unregistered Global Notes Exchange Offer
(Petrobras, 17.Aug.2020) — Petrobras announces the commencement of an offer (the “Exchange Offer”) by its wholly-owned subsidiary Petrobras Global Finance B.V. (“PGF”) to exchange up […]
Suzano Reports Cash Generation Of R$3.4bn
(Suzano, 17.Aug.2020) — Suzano, a global reference in the manufacture of bioproducts developed from the cultivation of eucalyptus, announces today its results for the second […]
Total Launches Mero Field 3 FPSO Development
(Total, 17.Aug.2020) — Total and its partners have taken the investment decision for the third phase of the Mero project (Libra block), located deep offshore, […]
Petrobras Starts Thermal Power Plant Binding Phase
(Petrobras, 14.Aug.2020) — Petrobras, following up on the press release disclosed on 15 June 2020, announces the beginning of the binding phase regarding the sale […]
Petrobras Inks Charter Deal For Mero 3 FPSO
(Petrobras, 14.Aug.2020) — Petrobras signed a letter of intent with the company MISC Berhad for the chartering and services for FPSO (floating production storage and […]
PPSA Sale Plan Stokes Oil Contract Debate
(Argus, 12.Aug.2020) — The Brazilian government’s plan to sell state-owned pre-salt marketing company PPSA has stalled amid congressional foot-dragging over a change in pre-salt contract […]
Petrobras Releases Santos Basin Teaser
(Petrobras, 10.Aug.2020) — Petrobras informs that it has started the opportunity disclosure stage (teaser), referring to the sale of 50% to 100% of its stake […]
Petrobras Comments On Record Diesel, Asphalt Sales
(Petrobras, 7.Aug.2020) — Petrobras achieved record sales for the S-10 Diesel in the Brazilian market. The Company sold 1.78 million mÂł, 12.7% higher than the […]
Petrobras On Mothballing Of The Merluza Platform
(Petrobras, 7.Aug.2020) — Petrobras’ Executive Board approved the mothballing of the Merluza platform (PMLZ-1), located in shallow waters in the Santos Basin. The platform’s production […]
Petrobras Reveals Urucu Cluster Binding Phase
(Petrobras, 7.Aug.2020) — Petrobras, following up on the press release disclosed on 26 June 2020, informs the beginning of the binding phase, referring to the […]
Petrobras Starts Camamu Basin Binding Phase
(Petrobras, 7.Aug.2020) — Petrobras, following up on the release disclosed on 1 June 2020, announces the beginning of the binding phase regarding the sale of […]
Petrobras Starts Sergipe-Alagoas Basin Binding Phase
(Petrobras, 7.Aug.2020) — Petrobras, following up on the press release disclosed on 29 June 2020, informs the beginning of the binding phase, referring to the […]
Petrobras Inks Deal For Onshore Field In Sergipe
(Petrobras, 5.Aug.2020) — Petrobras, following up on the release disclosed on 01/03/2020, signed today with Centro Oeste Ă“leo e Gás Ltda. an agreement for the […]
Petrobras Reports Record July BĂşzios Production
(Petrobras, 5.Aug.2020) — Petrobras reports platforms (P-74, P-75, P-76 and P-77) installed in the BĂşzios field, in the Santos Basin pre-salt, reached new monthly production […]