(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. […]
Category: Brazil
Brazil energy
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 m³/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 Espírito 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 Espírito […]
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 Dó-Ré-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 Petróleo 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 […]
Petrobras And Proquigel Ink Fertilizer Lease Deal
(Petrobras, 21.Nov.2019) — Petrobras signed with Proquigel Química S.A., a company of Unigel Group, lease agreements of its fertilizer plants in Bahia (Fafen-BA) and Sergipe […]
Petrobras Inks Deal To Divest Of Liquigás
(Petrobras, 19.Nov.2019) — Petrobras, following up on the press release of November 7, 2019, reports that it has signed today with Copagaz and Nacional Gás […]
Petrobras Eyes Deep Offshore Shift In 2020
(Reuters, 19.Nov.2019) — Brazil’s state-owned oil firm Petroleo Brasileiro SA expects deep offshore areas to account for 88% of its exploration and production activities next […]
Total Reports 1st Oil From Iara Offshore Brazil
(Total, 15.Nov.2019) — France’s Total announced first oil from the Iara license (Block BM-S-11A), located in the deepwater Santos Basin pre-salt. This marks the start-up […]
GeoPark Announces All-Cash Deal With Amerisur
(GeoPark, 15.Nov.2019) — GeoPark Limited, a leading independent Latin American oil and gas explorer, operator and consolidator with operations and growth platforms in Colombia, Peru, […]
Rosneft Head Sechin Attends BRICS Summit In Brazil
(Rosneft, 15.Nov.2019) — During the visit of the President of the Russian Federation Vladimir Putin to the BRICS summit in Brazil, the Chief Executive Officer […]
Shell And Partners Add Pre-salt Production
(Shell, 14.Nov.2019) — New, deep-water production has come online from the Brazilian pre-salt Santos Basin. Shell Brasil Petróleo Ltda. (Shell Brasil) and its consortium partners […]
Brazil To Import More LNG If Bolivia Supply Falters
(Argus, 14.Nov.2019) — Brazil will increase LNG imports if pipeline natural gas supply from Bolivia is interrupted because of political unrest, according to Brazilian hydrocarbons […]
Petrobras Discloses Binding Phase For Onshore Fields
(Petrobras, 13.Nov.2019) — Petrobras, following up on the release dated 09/13/2019, reports on the beginning of the binding phase regarding the sale of its stakes […]
Bolivia Warns Of Force Majeure On Gas Exports
(Argus, 12.Nov.2019) — Bolivia’s deepening political crisis is starting to take a toll on its vital hydrocarbons industry. YPFB, Bolivia’s state-owned oil and natural gas […]
Petrobras Discloses Teaser For Uruguayan Assets
(Petrobras, 12.Nov.2019) — Petrobras started the opportunity disclosure stage (teaser) relating to the sale of its fuel, lubricant and fertilizer distribution business in Uruguay. In […]
Petrobras Delists From Argentine Stock Exchange
(Petrobras, 11.Nov.2019) — Petrobras, following communications disclosed on 08/09/2019, 10/04/2019 and 11/04/2019, reports that it proceeded to the withdrawal of the public offering regime in […]
Petrobras Holds Extraordinary Conf. Call
(Petrobras, 8.Nov.2019) — Brazil’s state oil company Petrobras conducted a conference call to discuss recent details related to recent bid rounds in Brazil. Operator: Good […]
Petrobras Receives Final Offer For Liquigás
(Petrobras, 7.Nov.2019) — Petrobras reports that, as part of the competitive process for divestment of its entire shareholding in Liquigás Distribuidora S.A., the group comprised […]
Big Oil Stuns Brazil In Back-to-back Auction Flops
(Reuters, Marianna Parraga, Gram Slattery and Marta Nogueira, 7.Nov.2019) — Major global oil firms snubbed a second Brazilian oil auction in a row on Thursday, […]
Brazil’s Pre-salt Encore Flops
(Argus, 7.Nov.2019) — Brazil’s pre-salt auction today mirrored the lackluster results from yesterday’s much-hyped Transfer of Rights offer, raising questions about bonus pricing, the appeal […]
Petrobras Buys Aram Block In 6th PSC Bid Round
(Petrobras, 7.Nov.2019) — Petrobras reports that the consortium in which will be the operator, holding 80% of work interest, in partnership with CNODC Brasil Petróleo […]
ANP’s 6th Round Gets R$5.05bn Bid
(ANP, 7.Nov.2019) — The 6th Production Sharing Bidding Round, held today (November 7) by ANP, bid the block Aram in the Santos Basin. The Round […]
Brazil’s PSC Round 6 Disappoints
(WoodMac, 7.Nov.2019) — Speaking after this morning’s PSC round, Juliana Miguez, from Wood Mackenzie’s Latin America upstream team, said: “Petrobras has returned to the headlines. […]
Brazil Oil Auction A ‘Total Disaster’
(Bloomberg, Sabrina Valle, Peter Millard, and Luiza Ferraz, 6.Nov.2019) — Brazil’s largest-ever auction of oil deposits flopped, sending the real tumbling, after state-controlled Petroleo Brasileiro […]
Brazil Tender Disappoints
(Reuters, Gram Slattery, Marta Nogueira, Marianna Parraga, 6.Nov.2019) — Brazil’s biggest-ever oil auction frustrated expectations on Wednesday, as high prices and the dominant role of […]
TOR Record R$70bn Bonuses
(ANP, 6.Nov.2019) — The Transfer of Rights Surplus Bidding Round, held today (November 6) by ANP, had two of the four areas on offer acquired […]
Major Disappointment In Brazil’s Surplus Round
(Welligence, 6.Nov.2019) — Brazil’s Surplus Transfer of Rights round (6th November 2019), the biggest resource opportunity of the year globally, has ended in huge disappointment. […]
Petrobras Takes Prize In Brazil’s TOR Round
(WoodMac, 6.Nov.2019) — Brazil’s largest-ever auction of oil licences – the Transfer of Rights round – saw state-controlled Petrobras walk away with the biggest prizes, […]
Petrobras Clarifies Gas Market Agreement
(Petrobras, 5.Nov.2019) — Petrobras clarifies that it has been fully complying with the schedule of commitments made in the agreement signed with the Administrative Council […]
Field Narrows As Brazil Oil Auction Nears
(Reuters, Gram Slattery and Marta Nogueira, 5.Nov.2019) — As Brazil approaches the biggest oil auction in its history — and one of the world’s most […]
Don’t Count On Oil To Reignite Latin America
(Project Syndicate, Mauricio Cárdenas, 5.Nov.2019) — Some regard Latin America as the world’s new oil frontier, and think that the region could potentially add three […]
What A Mammoth Oil Auction Means for Brazil
(Americas Quarterly, Naki Mendoza, 5.Nov.2019) — A pre-salt auction 20 years in the making could have broad repercussions for the economy and Jair Bolsonaro’s government. […]
Flexential Expands To LatAm With Seaborn
(Flexential, 4.Nov.2019) — Flexential announced it is expanding its FlexAnywhere offering, providing customers direct access to Seaborn Networks’ transoceanic platform for the low latency, high-speed, […]
Petrobras Extends Period On Argentine Exchange
(Petrobras, 4.Nov.2019) — Petrobras informs, in addition to the press releases issued on August 9 and October 4, 2019, that it has decided to extend […]
Greek-flagged Tanker Blamed For Brazil Oil Spill
(BBC, 2.Nov.2019) — Brazilian officials suspect a Greek-flagged tanker was the source of an oil spill that has stained about 2,500km (1,553 miles) of Brazil’s […]