(MODEC, 30.Jan.2020) â MODEC, Inc. (“MODEC,” head office: Chuo-ku, Tokyo; President & CEO: Yuji Kozai), Mitsui & Co., Ltd. (“Mitsui,” head office: Chiyoda-ku, Tokyo; President […]
Category: Brazil
Brazil energy
Equinor Awarded Brazilian Contracts
(Equinor, 30.Jan.2020) â Equinor has, on behalf of the partners ExxonMobil and Petrogal Brasil entered into Front End Engineering and Design (FEED) contracts with early […]
Petrobras’ Proved Reserves Fall Slightly In 2019
(Petrobras, 29.Jan.2020) â Petrobras discloses that its proved oil, condensate and natural gas reserves according to SEC (US Securities and Exchange Commission) regulation were estimated […]
Petrobras On Collective Action In The Netherlands
(Petrobras, 29.Jan.2020) â Petrobras, further to the press release dated September 19, 2018, announces that the District Court of Rotterdam (the Court) today considered some […]
Petrobras Approves New Board Member
(Petrobras, 29.Jan.2020) â Petrobras reports that its Board of Directors, in a meeting held today, approved the appointment of Mrs. Maria ClĂĄudia GuimarĂŁes for the […]
Petrobras On Corporate Governance Program
(Petrobras, 29.Jan.2020) â Petrobras reports that it has requested today its withdrawal from the Corporate Governance Program for State-Owned Companies of B3 (Program). Petrobras’ adhesion […]
Petrobras Comments On Corporate Governance
(Petrobras, 29.Jan.2020) â Petrobras has requested its withdrawal from the Corporate Governance Program for State-Owned Companies of B3 (Program). Petrobras’ adhesion to the Program took […]
Brazil To Discuss OPEC With Saudi Arabia In July
(S&P Global Platts, 24.Jan.2020) â Brazil will discuss potential cooperation with OPEC on the sidelines of a Group of 20 event scheduled to be held […]
Brazil Breaks Oil Production Record
(Oilprice.com, 23.Jan.2020) â Brazil produced more than 1 billion barrels last year, the first time it has breached the 1-billion-barrel mark, Reuters reports, citing the […]
Petrobras Starts Non-binding Phase Of BSBios Sale
(Petrobras, 23.Jan.2020) â Petrobras, following up on the release disclosed on 20 December 2019, informs the beginning of the non-binding phase related to the sale […]
Petrobras Announces BNDES Equity Secondary Offering
(Petrobras, 22.Jan.2020) â Petrobras announced today that Banco Nacional de Desenvolvimento EconĂŽmico e Social â BNDES (the âSelling Shareholderâ) has commenced an offering of up […]
Petrobras On Unfavorable CARF Decision
(Petrobras, 21.Jan.2020) â Petrobras announced the Higher Chamber of the Administrative Tax Appeals Council (CARF) issued an unfavorable decision, by a casting vote, on an […]
Petrobras Starts Non-binding Phase For TAG Sale
(Petrobras, 17.Jan.2020) â Petrobras, following up on the press release disclosed on 12/11/2019, announces the beginning of the non-binding phase related to the sale of […]
Petrobras Downplays Sale Of BR Distribuidora
(Petrobras, 16.Jan.2020) â Petrobras, with regards to news published in the media, referring to the sale of its stake in BR Distribuidora S.A. (BR), clarifies […]
Petrobras Starts EspĂrito Santo Basin Teaser
(Petrobras, 15.Jan.2020) â Petrobras started the opportunity disclosure stage (teaser), referring to the sale of its entire stake in two sets of deep-water post-salt offshore […]
Petrobras OKs Mothballing Of Fertilizer Plant
(Petrobras, 14.Jan.2020) â Petrobras approved the mothballing of the fertilizer plant of its wholly owned subsidiary AraucĂĄria Nitrogenados S.A. (ANSA), located in the state of […]
Petrobras Finalizes PO&GBV Divestment
(Petrobras, 14.Jan.2020) â Petrobras, following up on the release dated 10/31/2018, reports today that it completed the sale – to Petrovida Holding B.V. (Petrovida) – […]
YPFB To Use Gasbol Pipeline Independently
(Reuters, 10.Jan.2020) â The Brazilian government authorized Bolivian oil and gas company YPFB to use the Gasbol pipeline to sell gas to other companies in […]
Mitsubishi, Patria, And Shell Report On Azul Power Plant
(MHPS, 7.Jan.2020) â Mitsubishi Hitachi Power Systems Americas (MHPS), Patria Investments, and Shell announced the signing of a contract with Brazilâs State-owned development bank (BNDES) […]
Mann+Hummel Sells Mann+Hummel Fluid Brasil
(Mann+Hummel, 6.Jan.2020) â On 31 December 2019, the former CEO of Mann+Hummel Fluid Brasil, Luis Guilherme Pozzani da Rocha, officially signed the 100 percent purchase […]
Petrobras Comments On Public BNDES Share Offering
(Petrobras, 6.Jan.2020) â Petrobras, following up on the release disclosed on December 13, 2019, reports that it has received new correspondence from the National Bank […]
COSAN Seeks Permits For Alternative Route 4
(S&P Global Platts, 6.Jan.2020) â Brazil sugar and ethanol group Cosan applied for environmental permits to build a second tranche of the Route 4 offshore […]
Brazil Looks To Smooth Impact Of Oil Price Spikes
(Reuters, 6.Jan.2020) â Brazilâs government is working on a policy to reduce the local impact of spikes in international oil prices, officials said on Monday, […]
Petrobras Informs On Fuel Prices
(Petrobras, 3.Jan.2020) â Petrobras, informs that, due to the latest events in Middle East, it will carry on with its international market monitoring process. The […]
Petrobras Says Lins Resigns As Board Member
(Petrobras, 2.Jan.2020) â Petrobras announced that Board Member Clarissa de AraĂșjo Lins presented her resignation as member of the Board of Directors of the company, […]
Petrobras On Sale Tartaruga Verde And Module III
(Petrobras, 30.Dec.2019) â Petrobras following up on the press release disclosed on 27 December 2019, reaffirms that the total value of the sale of 50% […]
Petrobras Inks Gas Deal With YPFB
(Energy Analytics Institute, Aaron Simonsky, 30.Dec.2019) â Brazilâs state oil giant Petrobras inked a transition agreement under the natural gas supply agreement (GSA) with its […]
Petrobras Names JP Morgan New ADR Depositary Bank
(Petrobras, 30.Dec.2019) â Petrobras announced that JP Morgan Chase will be the new representative of the American Depositary Receipt (ADR) program for its shares traded […]
Petrobras Finalizes Auctions Payments To ANP
(Petrobras, 27.Dec.2019) â Petrobras today made the final payments in the amount of R$ 34.191 billion (thirty four billion one hundred and ninety one million […]
Petrobras Informs About Pbio’s Interest In BioĂłleo
(Petrobras, 27.Dec.2019) â Petrobras, following up on the release disclosed on 20 December 2019, announced its wholly owned subsidiary, Petrobras BiocombustĂvel S.A. (PBio), signed a […]
Brazil’s Output Soars In November: ANP
(S&P Global Platts, 23.Dec.2019) â Brazilian crude and natural gas production soared to a fresh record high in November as oil output topped 3 million […]
Petrobras Announces Binding Phase On E&P Assets
(Petrobras, 23.Dec.2019) â Petrobras, following up on the release disclosed on 12/03/2019, announces that it has started the binding phase referring to the sale of […]
Petrobras About Expression Of Interest On E&P Assets
(Petrobras, 23.Dec.2019) â Petrobras, following up on the release disclosed on 12/16/2019, referring to the sale of its interest in the concession BM-P-2, located in […]
Petrobras Starts Regap Binding Phase
(Petrobras, 20.Dec.2019) â Petrobras, following up on the release dated on October 4, 2019 informs the beginning of the binding phase related to the sale […]
Petrobras Reveals Teaser For PBioâs Sale Of BSBios
(Petrobras, 20.Dec.2019) â Petrobras reports that its wholly owned subsidiary Petrobras BiocombustĂveis S.A. (PBio) has started the opportunity disclosure phase (teaser) related to the joint […]
Petrobras On Biofuels Segment Exit Strategy
(Petrobras, 20.Dec.2019) â Petrobras reports on divestments in the biofuels segment. The company guideline to exit this segment, announced in 2016, accelerated in 2019 and […]
British Firms Among Bidders For Petrobras Oilfields
(Reuters, 19.Dec.2019) â Anglo-French firm Perenco, UK-based Trident Energy and Premier Oil Plc are among the companies examining the purchase of a cluster of Petrobras […]
Braskem Selects CenturyLink For Global Operations
(Braskem, 18.Dec.2019) â Braskem, the largest thermoplastics resins producer in the Americas and leading producer of biopolymers in the world, selected global technology provider CenturyLink, […]
Petrobras To Pay Shareholder Remuneration
(Petrobras, 18.Dec.2019) â Petrobras announced its Board of Directors, at a meeting held 18 Dec., approved the distribution of anticipated remuneration to shareholders as interest […]
Petrobras Joins Tax Programs
(Petrobras, 18.Dec.2019) â Petrobras, under the scope of its ongoing contingency assessment process, decided to join the Programs for Partial Tax Remission and Interest and […]
Petrobras Seeks Alternatives For Comperj
(Petrobras, 18.Dec.2019) â Petrobras has completed the economic feasibility study regarding the completion of the Comperj refinery construction, together with the Chinese company CNPC and […]
Petrobras Starts Sergipe Alagoas Basin Binding Phase
(Petrobras, 17.Dec.2019) â Petrobras, following up on the release disclosed on 11/01/2019, started the binding phase referring to the sale of its interest in fifteen […]
Petrobras Announces E&P Asset Binding Phase
(Petrobras, 17.Dec.2019) â Petrobras, following up on the release disclosed on 11/01/2019, announces that it has started the binding phase referring to the sale of […]
Atlas Says Fourth Brazilian Plant In Operation
(Atlas, 17.Dec.2019) â Atlas Renewable Energy, a leader in clean energy across Latin America, announces that its fourth project in Brazil, SertĂŁo Solar Barreiras Complex, […]
Sinopec, EIG Deliver Bid For Petrobras Refinery
(Reuters, 17.Dec.2019) â China’s Sinopec and U.S.-based EIG Global Energy Partners have delivered non-binding offers to buy Brazilian refinery REGAP from state-run oil firm Petrobras, […]
YPFB Fundamental For Bolivia Gas Supply
(Energy Analytics Institute, Ian Silverman, 17.Dec.2019) â Boliviaâs Hydrocarbon Minister VĂctor Hugo Zamora said the new team at state oil company YPFB will be fundamental […]
Petrobras Prepays $5bn CDB Loan
(Petrobras, 16.Dec.2019) â Petrobras, following up on the press release disclosed on August 14, 2019, prepaid a $5 billion loan with China Development Bank (CDB), […]
Petrobras Starts Pelotas Basin Disclosure Stage
(Petrobras, 16.Dec.2019) â Petrobras started the opportunity disclosure stage (teaser), referring to the sale of its interest in the concession BM-P2, located in the Pelotas […]
BNDES Evaluates Sale Of Its Petrobras Shares
(Petrobras, 13.Dec.2019) â Petrobras received correspondence from Banco Nacional de Desenvolvimento EconĂŽmico e Social (BNDES), in which it communicates the intention to evaluate the sale […]
S&P Ups Petrobras’ Global Scale Outlook
(Petrobras, 12.Dec.2019) â Petrobras said rating agency S&P Global Ratings (S&P) raised the company’s global scale outlook from stable to positive, and maintained its corporate […]