(AP, 2.Nov.2019) — Brazil says small amounts of oil from a spill along the northeast coast have reached a national marine park. Naval and environmental […]
Category: Brazil
Brazil energy
Brazil Targets Greek Tanker For Spill
(Argus, 1.Nov.2019) — Brazil is targeting a Greek-flagged tanker as the source of a catastrophic oil spill that has spread across the northeastern coast. Federal […]
Petrobras Discloses E&P Teaser In SergipeAlagoas Basin
(Petrobras, 1.Nov.2019) — Petrobras reports that it has started the opportunity disclosure stage (teaser) regarding the sale of its interest in 15 onshore exploratory blocks, […]
Petrobras Completes Belem Bioenergia Brasil Divestment
(Petrobras, 1.Nov.2019) — Petrobras, following on the press release issued on 08/08/2019, reports that its subsidiary Petrobras BiocombustĂveis S.A. (“PBIO”) completed today the sale of […]
Petrobras Inks TOR Amendment Agreement
(Petrobras, 1.Nov.2019) — Petrobras, following the press release issued on October 31, 2019, reports that it has signed today the Amendment to the Transfer of […]
Bolsonaro Wants Brazil In OPEC
(AAWSAT, Mosaed al-Zayani, 31.Oct.2019) — Brazil’s President Jair Bolsonaro said Wednesday he was keen for his country to join OPEC, a move that would add […]
Brazil’s $50bn Oil Boom Is Falling Apart
(Oilprice.com Julianne Geiger, 31.Oct.2019) — Exxon may not be interested in stepping up to the bidding plate at Brazil’s massive $50 billion transfer of rights […]
Petrobras On Amendment To TOR Deal
(Petrobras, 31.Oct.2019) — Petrobras in addition to the press release issued on October 23, 2019, reports that the signing of the Amendment to the Transfer […]
Bolsonaro Wants Brazil In OPEC
(Reuters, Stephen Kalin, Rania El Gamal, Alex Lawler, 30.Oct.2019) — Brazilian President Jair Bolsonaro said on Wednesday that he wants his country to join OPEC, […]
BP Eyes Brazil Gas Buildout
(Reuters, Gram Slattery, 29.Oct.2019) — BP Plc wants to be part of an effort to build up natural gas infrastructure in Brazil, an executive said […]
Petrobras Starts Non-binding Phase For Refineries
(Petrobras, 24.Oct.2019) — Petrobras, following up on the press release issued on September 13, 2019, reports the beginning of the non-binding phase related to the […]
Brazil Collects 900 Tonnes Of Spilled Oil
(Kallanish, 23.Oct.2019) — Brazil has collected some 900 tonnes of oil residue from its northeastern beaches since early September, the government said in a joint […]
Petrobras Comments On TOR Agreement Amendment
(Petrobras, 23.Oct.2019) — Petrobras, in addition to the press release issued on May 21, 2019, reports that its Board of Directors has ratified the signature […]
Petrobras, Brazil’s Gov’t Near Marketing Deal
(Reuters, Gram Slattery, Marta Nogueira, 22.Oct.2019) — Brazil’s Petrobras could take over marketing of the government’s share of crude from offshore oilfields, a government official […]
Priciest Oil Auction Could Raise $50bn in Brazil
(Bloomberg, Sabrina Valle, 21.Oct.2019) — An auction next month of oilfields in Brazil may be the priciest ever held, raising at least $50 billion in […]
World’s Hottest Oil Auction Set To Bring In $50bn
(Oilprice.com, Julianne Geiger, 21.Oct.2019) — Brazil’s next oil auction, scheduled for November, may be the best one yet, raking in as much as $50 billion […]
Ecopetrol Buys Into Gato do Mato Discovery
(Ecopetrol, 21.Oct.2019) — Ecopetrol S.A. reports that its subsidiary Ecopetrol Ă“leo e Gás do Brasil Ltda has entered into an agreement with Shell Brasil PetrĂłleo […]
Brazil Cleans Beaches Affected By Oil Spill
(BBC, 20.Oct.2019) — Thousands of people have taken part in a huge clean-up operation to remove oil and tar from beaches along Brazil’s north-eastern coast. […]
Petrobras Informs About Provisioning
(Petrobras, 18.Oct.2019) — Petrobras informs that, within its ongoing process of contingencies assessment, it will provision R$ 3.2 billion as a result of: (i) litigation […]
Bolsonaro Says Oil Spill Could Be Sabotage
(Reuters, 18.Oct.2019) — Brazilian President Jair Bolsonaro questioned on Friday whether a far-reaching oil spill on the nation’s northeastern shore may have been a criminal […]
OTC Brasil Holds Its 5th Conference Next Week
(OTC Brasil, 17.Oct.2019) — Organized by the Brazilian Petroleum, Gas and Biofuels Institute (IBP) and the Offshore Technology Conference (OTC), the 5th edition of OTC […]
How Brazil’s $26bn TOR Auction Works
(Reuters, Gram Slattery and Marta Nogueira, 16.Oct.2019) — Brazil’s Senate passed the main text of a bill defining the distribution of proceeds from a blockbuster […]
Brazil’s Senate Committee Paves Way For Offshore Oil Rights Sale
(Reuters, 15.Oct.2019) — A Brazilian Senate committee cleared the way for what may be a record-setting offshore oil rights auction on Tuesday, approving a government […]
Petrobras Signs Charter Deals For Marlim
(Petrobras, 15.Oct.2019) — Petrobras signed letters of intent (LoI) with the Japanese company Modec (Marlim Unit 1) and the Malaysian company Yinson (Marlim Unit 2), […]
Petrobras Inks Deal To Sale Lagoa Parda Cluster
(Petrobras, 11.Oct.2019) — Petrobras signed with Imetame Energia Lagoa Parda Ltda, wholly owned subsidiary of Imetame Energia Ltda, a contract for the sale of its […]
ANP Sets Dates For TOR And 6th Production Round
(ANP, 11.Oct.2019) — Brazil’s Brazil’s National Agency of Petroleum, Natural Gas, and Biofuels (ANP) announced the dates for the next two bid rounds. The ANP’s […]
Qatar Petroleum Wins Three Blocks Offshore Brazil
(QP, 10.Oct.2019) — Qatar Petroleum has won exploration rights in three offshore blocks in Brazil, as part of two bidding consortia. The winning bids were […]
Petrobras Grabs One Block In 16th ANP Bidding Round
(Petrobras, 10.Oct.2019) — Petrobras acquired one offshore block in the 16th ANP Bidding Round under the Concession Regime, held by the National Agency of Petroleum, […]
Chevron Grabs 5 Blocks In ANP’s 16th Bid Round
(Chevron, 10.Oct.2019) — Chevron Brasil welcomes the results of Brazil’s 16th Bid Round. We are pleased to be part of the following five successful consortia, […]
ANP 16th Round Attracts Record R$8.9bn Signings
(ANP, 10.Oct.2019) — The 16th Bidding Round collected R$ 8.9 billions in signature bonuses, a record value among the concession rounds already held in Brazil. […]
Venezuelan Oil Likely Spilled In Brazil: Report
(The Wall Street Journal, Luciana Magalhaes and Jeffrey T. Lewis, 9.Oct.2019) — Long stretches of Brazil’s northeastern coast have been stained by oil slicks since […]
SBM Closes Brazil Legacy Case
(SBM, 9.Oct.2019) — SBM Offshore received notification that the Federal Court has formally closed the Improbity Lawsuit filed by the Brazilian Federal Prosecutors Office (MinistĂ©rio […]
Petrobras And Equinor Ink NatGas Value Chain MOU
(Petrobras, 9.Oct.2019) — Petrobras, following up to the Strategic Partnership signed on 12/18/2017, celebrated a Memorandum of Understanding (MOU) with Equinor ASA – Equinor, a […]
Brazil Oil Spill ‘Criminally Deposited’: Bolsonaro
(DW.com, 8.Oct.2019) — President Jair Bolsonaro has suggested a criminal element to the mystery oil slicks polluting Brazil’s northeast coast. About 100 oil spills have […]
Petrobras Finalizes Sale Of Three Fields
(Petrobras, 8.Oct.2019) — Petrobras, following up on the release of 11/28/2018, reports that today it completed the sale of its interests in Pargo, Carapeba and […]
Petrobras Pays Interest On Capital
(Petrobras, 4.Oct.2019) — Petrobras informs that in connection to the press released of August 1st, 2019 is paying today Interest on Capital (IOC), as defined […]
Petrobras Reveals 3Q:19 Release Date
(Petrobras, 4.Oct.2019) — Petrobras reports that on October 17, after market closes, the company will release its quarterly production and sales report for 3Q19 and […]
Petrobras Delists Shares From Argentine Exchange
(Petrobras, 4.Oct.2019) — Petrobras informs, in addition to the press release issued on August 9, 2019, that the ComisiĂłn Nacional de Valores (CNV), the Argentine […]
Brazil’s ANP Eyes Two Bid Rounds In 2020
(Energy Analytics Institute, Aaron Simonsky, 2.Oct.2019) — Brazil’s National Petroleum Agency (ANP) plans to conduct two bid rounds in 2020 to offer areas containing billions […]
Petrobras On Collective Bargaining Agreement
(Petrobras, 1.Oct.2019) — Petrobras informs that since May 2019 has been negotiating with unions to reach an understanding on the 2019-2020 Collective Bargaining Agreement (“ACT”). […]
Petrobras Inks Deal Onshore Fields In The Potiguar Basin
(Petrobras, 30.Sep.2019) — Petrobras signed with the company Central Resources do Brasil Produção de PetrĂłleo Ltda. contracts for the sale of all its stake in […]
BP Comes Up Empty Offshore Exploration Hotspot
(Bloomberg, Peter Millard and Kelly Gilblom, 30.Sep.2019) — It was supposed to be BP’s big Brazilian breakthrough after years of setbacks in one of the […]
Brazil Approves 14 Firms For November Oil Tender
(Reuters, 30.Sep.2019) — Fourteen companies have been officially approved by Brazilian authorities to participate in an oil bidding round in November, in which total signing bonuses […]
Petrobras Says Revap Refinery Fire Occurred During Scheduled Stoppage
(Reuters, 30.Sep.2019) — A major refinery owned by Brazilian state-run oil firm Petrobras was already undergoing a scheduled stoppage when a fire broke out over […]
Bolivia LatAmNRG Briefs: Electric Vehicle Plant In Cochabamba
(Energy Analytics Institute, Ian Silverman, 28.Sep.2019) — LatAmNRG briefs related to Bolivia’s President Evo Morales’ visit to Quantum Motors’ electric vehicle plant in Cochabamba and […]
Brazil Reports Oil Spill Along Northeast Beaches
(Reuters, Marta Nogueira and Roberto Samora, 26.Sep.2019) — Brazil’s environmental agency Ibama said on Thursday that an analysis of a vast oil spill along the […]
Petrobras’ Strategic Revision
(Petrobras, 26.Sep.2019) — Petrobras reports that its Board of Directors approved, at a meeting held yesterday, the update of the Vision, Purpose and Strategies for […]
Petrobras’ Offers Voluntary Severance Program
(Petrobras, 26.Sep.2019) — Petrobras reports that it has approved a new Voluntary Severance Program (“PDV”) exclusively for employees working in the company’s corporate segment. The […]
Petrobras BODs Names Innovation Executive Officer
(Petrobras, 26.Sep.2019) — Petrobras reports that the Board of Directors, in a meeting held yesterday, elected, effective 10/01/2019, Mr. Nicolás Simone for the role of […]
Petrobras Complete Bookbuilding Procedure
(Petrobras, 25.Sep.2019) — Petrobras, following the press release issued on July 23, 2019, reports that the bookbuilding procedure of the 7th issuance of simple, non-convertible, […]