(Mann+Hummel, 6.Jan.2020) — On 31 December 2019, the former CEO of Mann+Hummel Fluid Brasil, Luis Guilherme Pozzani da Rocha, officially signed the 100 percent purchase […]
Category: Brazil
Brazil energy
Petrobras Comments On Public BNDES Share Offering
(Petrobras, 6.Jan.2020) — 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) — 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) — Brazil’s 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) — 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) — Petrobras announced that Board Member Clarissa de AraĂşjo 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) — 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) — Brazil’s 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) — 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) — 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) — 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) — 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) — 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) — 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) — 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 PBio’s Sale Of BSBios
(Petrobras, 20.Dec.2019) — 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) — 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) — 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) — 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) — 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) — 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) — 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) — 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) — 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) — 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) — 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) — Bolivia’s 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) — 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) — 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) — Petrobras received correspondence from Banco Nacional de Desenvolvimento EconĂ´mico e Social (BNDES), in which it communicates the intention to evaluate the sale […]
S&P Ups Petrobras’ Global Scale Outlook
(Petrobras, 12.Dec.2019) — 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 […]
Petrobras’ Teaser For TAG Stake Divestment
(Petrobras, 11.Dec.2019) — Petrobras started the opportunity disclosure stage (teaser), relating to the sale of its remaining stake (10%) in Transportadora Associada de Gás S.A. […]
Petrobras On TOR Amendment
(Petrobras, 11.Dec.2019) — Petrobras following up on the release dated November 1, 2019, informs that, in alignment with its cash management strategy and in accordance […]
Petrobras Sales Fields In Rio Grande Do Norte
(Petrobras, 9.Dec.2019) — Petrobras, following up on the release disclosed on 04/25/2019, reports that it has completed today the sale of its entire stake in […]
Petrobras To Lease LNG Regasification Terminal
(Petrobras, 9.Dec.2019) — Petrobras, in accordance with the commitments made through the Agreement, signed with the Administrative Council for Economic Defense (CADE), on July 8, […]
Petrobras To Lease Out LNG Terminal
(Argus, 9.Dec.2019) — Brazilian state-controlled Petrobras has started pre-qualifying bidders for a long-term lease of its 20mn mÂł/d Bahia LNG import terminal and associated pipeline, […]
Petrobras Plans $34bn In Dividends
(Bloomberg, Simon Casey and Sabrina Valle, 5.Dec.2019) — Petrobras plans to pay its shareholders $34 billion in dividends over the next five years as it […]
Petrobras May Divest Stakes In Marlim, Papa-Terra
(Reuters, 4.Dec.2019) — Brazilian state-run oil firm Petrobras is considering putting additional stakes in significant offshore oilfields up for sale, executives said on Wednesday, as […]
Petrobras Host Investor Day In NYC
(Energy Analytics Institute, Aaron Simonsky, 4.Dec.2019) — Brazil’s state-controlled oil giant Petrobras hosted media and analyst during its annual investor day event in New York […]
Petrobras Discloses Binding Phase For E&P Assets
(Petrobras, 3.Dec.2019) — Petrobras, following up on the release dated on 09/30/2019 and 10/15/2019, reports on the beginning of the binding phase regarding the sale […]
Petrobras Starts EspĂrito Santo Basin Teaser
(Petrobras, 3.Dec.2019) — Petrobras started the opportunity disclosure stage, referring to the sale of its interest in two onshore exploratory blocks, located in the EspĂrito […]
Petrobras Discloses Teaser In Sergipe-Alagoas Basin
(Petrobras, 2.Dec.2019) — Petrobras started the opportunity disclosure stage, referring to the sale of its interest in the onshore fields of DĂł-RĂ©-Mi and Rabo Branco, […]
Petrobras Shares Slip On Production Target
(Reuters, Roberto Samora , 28.Nov.2019 ) — Shares of Brazilian oil firm Petroleo Brasileiro SA slipped on Thursday after its oil and gas production outlook […]
Petrobras Inks Deal To Divest Frade Field
(Petrobras, 28.Nov.2019) — Petrobras signed with PetroRio Jaguar PetrĂłleo Ltda., subsidiary of Petro Rio S.A., a contract on 28 Nov. for the sale of 30% […]
Brazil, China, UAE Firms Eying Petrobras Refineries
(Reuters, Tatiana Bautzer and Carolina Mandl, 28.Nov.2019) — Brazil’s state-controlled oil company Petroleo Brasileiro SA has selected four groups for the second round of bidding […]
Petrobras Deal With Acron Group Flops
(Energy Analytics Institute, Aaron Simonsky, 26.Nov.2019) — Brazil’s state oil company Petrobras announced that ongoing negotiations with Acron Group closed without the companies coming to […]
Equinor Says Brazil ‘Hotspot’ Of Int’l Efforts
(Reuters, 26.Nov.2019) — Norway’s Equinor plans to drill 30-40 oil and gas exploration wells globally in 2020, similar this year, with Brazil being a “hotspot” […]
Ecopetrol Targets Higher CAPEX In 2020
(Ecopetrol, 25.Nov.2019) — Ecopetrol S.A. reported that in 2020 the Ecopetrol Group (GE) plans to invest an expected US$4.5 to US$5.5 billion, 25% to 53% […]
Ex-Petrobras Trader Tells Judge Vitol Bribed Him
(Bloomberg, Sabrina Valle and Andy Hoffman, 25.Nov.2019) — A former Petroleo Brasileiro SA oil trader who went by the code name “Phil Collins” told a […]
Petrobras Starts Refinery Binding Phase
(Petrobras, 22.Nov.2019) — Petrobras, following up on the release dated August 30, 2019, informs the beginning of the binding phase regarding the first stage of […]