(Argus, 24.Sep.2019) — Petrobras has begun stockpiling low-sulphur fuel oil in Malaysia and Singapore as the 1 January start date approaches for new global marine […]
Category: Brazil
Brazil energy
Unit Serving Petrobras Halted Due To Regulatory Issues
(Reuters, 23.Sep.2019) — An oil production unit supporting the operations of Brazilian state-controlled oil firm Petroleo Brasileiro SA has been paralyzed since Sept. 19 due […]
Petrobras Reports Mooring Incident At P-50
(Petrobras, 23.Sep.2019) — Petrobras reports that platform P-50, located in the Campos Basin, in the Albacora Leste field, had its production preemptively halted on Sunday […]
Petrobras Reports Advance Of Eletrobras Receivables
(Petrobras, 20.Sep.2019) — Petrobras entered into a Cession Agreement of Credit Rights, allowing the advance of about R$ 8.4 billion of receivables from Eletrobras, recognized […]
Petrobras Updates On 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 […]
Petrobras’ P-68 Departs For Berbigão And Sururu fields
(Petrobras, 16.Sep.2019) — Petrobras reports that the P-68 platform left today the Jurong Aracruz Shipyard, heading to the Berbigão and Sururu fields, in the Santos […]
Petrobras’ Private Exchange Offer Results
(Petrobras, 16.Sep.2019) — Petrobras announced the expiration and expiration date results of the previously announced offers to exchange (the “Exchange Offers”), by its wholly-owned subsidiary […]
Petrobras Offers Clarification Of News
(Petrobras, 16.Sep.2019) — Petrobras reports that it received the Official Letter No. 830/2019-SLS, which requests the following clarification: Official Letter no. 830/2019-SLS “Dear Gentlemen, In […]
Petrobras Informs On Petrol Prices Due To Saudi Arabia Attacks
(Petrobras, 16.Sep.2019) — Petrobras informs that, due to the latest events in Saudi Arabia, it will carry on with its international market monitoring process. The […]
Petrobras’ Teasers For REGAP, REMAN, LUBNOR And SIX Refineries
(Petrobras, 13.Sep.2019) — Petrobras, following up on the releases disclosed on April 26, 2019 and June 28, 2019, reports the beginning of the opportunity disclosure […]
Petrobras’ Teaser For Amazonas Fields
(Petrobras, 13.Sep.2019) — Petrobras reports that it has started the opportunity disclosure stage (Teaser), regarding the sale of its interests in two onshore concessions, including […]
Petrobras Reveals Staff Plan For Employees
(Petrobras, 13.Sep.2019) — Petrobras informs that it has approved a staff plan for employees allocated to assets/units in divestment process, which provides for three tools: […]
Petrobras Discloses Teaser For Onshore Fields
(Petrobras, 13.Sep.2019) — Petrobras reports that it has started the opportunity disclosure stage (Teaser), regarding the sale of its interests in two onshore concessions, including […]
GeoPark Adds Four Brazilian Exploration Blocks
(GeoPark, 12.Sep.2019) — GeoPark Limited announced the expansion of its portfolio with four new exploration blocks in the Reconcavo and Potiguar basins in Brazil. GeoPark […]
Petrobras Finishes Maromba Field Divestment
(Petrobras, 10.Sep.2019) — Petrobras, following up on the release dated 03/08/2019, concluded the sale of its 70% interest in the Maromba field, located in shallow […]
Petrobras Starts Binding Phase For Recôncavo Cluster
(Petrobras, 6.Sep.2019) — Petrobras, following up on the release dated 07/03/2019, reports the beginning of the binding phase to sell all of its stakes in […]
Petrobras Start Binding Phase For Cricaré Cluster
(Petrobras, 6.Sep.2019) — Petrobras, following up on the release dated 06/11/2019, reports the beginning of the binding phase to sell all of its stakes in […]
Petrobras On Class Action Decision
(Petrobras, 6.Sep.2019) — Petrobras, following up on the disclosure made on June 25, 2018, reports that on August 30, 2019, the Court of Appeals for […]
Petrobras Updates On TOR Approval
(Petrobras, 5.Sep.2019) — Petrobras reports that the Brazilian Senate approved the Constitutional Amendment Proposal (CAP) that allows the Federal Government to share with states, the […]
Petrobras Wins Award For Innovative Technologies
(Petrobras, 3.Sep.2019) — Petrobras is receiving one of the most important awards in the petroleum and gas industry, given by the Brazilian chapter of the […]
Petrobras Reveals August Production Figures
(Petrobras, 3.Sep.2019) — Petrobras reports that in August its total oil and gas production, including natural gas liquids (NGL), was 3 million barrels of oil […]
Petrobras Starts Binding Phase For Campos Basin
(Petrobras, 2.Sep.2019) — Petrobras, following up on the release dated 08/09/2019, reports the beginning of the binding phase to sell all of its operated working […]
Brazil Oil Output Rises 7% To 2.77 MMb/d In July-ANP
(Reuters, 2.Sep.2019) — Brazilian oil production increased to 2.77 million barrels per day (bpd) on average in July, up 7% from a year earlier, local […]
Petrobras Extends Deadline To Divest Of Refineries
(Petrobras, 30.Aug.2019) — Petrobras, following up on the releases disclosed on 06/28/2019 and 07/15/2019, referring to the first stage of the sale processes of downstream […]
Petrobras Reports On Debentures Public Offering
(Petrobras, 30.Aug.2019) — Petrobras was notified on the suspension of the public offering of simple, non-convertible, unsecured debentures, in up to three (3) series, of […]
Petrobras BODs Approves New Shareholder Compensation Policy
(Petrobras, 28.Aug.2019) — Petrobras says its Board of Directors, in a meeting held today, approved the new Shareholder Compensation Policy. The new policy aims to […]
Petrobras Updates On FPSO Rio de Janeiro Incident
(Petrobras, 28.Aug.2019) — Petrobras, following up on the release disclosed on Aug. 26, reports that Modec has informed the company that the FPSO Cidade do […]
Petrobras BODs Names New Governance Officer
(Petrobras, 28.Aug.2019) — Petrobras reports that its Board of Directors, in a meeting held today, elected Mr. Marcelo Barbosa de Castro Zenkner for the position […]
Petrobras Announces CARF Decision Related To PIS
(Petrobras, 28.Aug.2019) — Petrobras has been notified of final decision, without possibility of appeal, from the Administrative Board of Tax Appeals (CARF) that canceled a […]
Petrobras Reports Incorporation Of Petrobras Logística de Gás S.A.
(Petrobras, 28.Aug.2019) — In compliance with CVM Instruction 358/02, Petrobras reports that its Board of Directors held a meeting today and approved the incorporation of […]
Petrobras Reports Incident At Abreu e Lima Refinery
(Petrobras, 27.Aug.2019) — Petrobras informs that yesterday it detected a leakage of estimated 5 cubic meters of oily waste (oil and water) in the industrial […]
Petrobras Updates On FPSO Rio de Janeiro Leak
(Petrobras, 26.Aug.2019) — Petrobras, following the press release disclosed today, informs that the company Modec has reported that a new overflight has found oil on […]
Petrobras Refinery Sale Draws PetroChina
(Reuters, Tatiana Bautzer and Rodrigo Viga Gaier, 26.Aug.2019) — Brazil’s planned privatization of eight Petroleo Brasileiro SA refineries has lured several of the world’s largest […]
Petrobras Clarifies News In ‘Folha de São Paulo’
(Petrobras, 26.Aug.2019) — Petrobras reports that it received the Official Letter No. 269/2019/CVM/SEP/GEA-1, which requests the following clarification: Official Letter No 269/2019/CVM/SEP/GEA-1 “Dear Executive Officer, […]
Bolivia’s Gas Exports Down 30.4% YTD Thru May
(Energy Analytics Institute, Ian Silverman, 24.Aug.2019) — A report by Bolivia’s National Institute of Statistics (INE by its Spanish acronym) published in July 2019 shows […]
LatAmNRG Bolivia Briefs: Urea Deals, Gas Export Price
(Energy Analytics Institute, Jared Yamin, 23.Aug.2019) — LatAmNRG briefs related to Bolivia signing deals related to urea and household gas and Brazil’s ANP saying it […]
Moody’s Ups Petrobras’ Stand-Alone Credit Profile
(Petrobras, 23.Aug.2019) — Petrobras informs that the rating agency Moody raised its stand-alone credit profile (SCP) by one notch to “ba2″ from ” ba3″ and […]
Petrobras Receives Binding Offers For Liquigás
(Petrobras, 23.Aug.2019) — Petrobras, in relation to the news reported in the media, clarifies that as part of the competitive process of divestment of its […]
Argentina NatGas Exports Reach 5.9 MMcm/d In 1H:19
(Energy Analytics Institute, Aaron Simonsky, 22.Aug.2019) — Argentina shipped an average 5.9 million cubic meters per day (MMcm/d) of natural gas to Chile, Brazil and […]
Bolsonaro Wants To Privatize Petrobras
(Reuters, 21.Aug.2019) — The economic team of Brazilian President Jair Bolsonaro wants to privatize state-controlled oil company Petroleo Brasileiro SA before the end of his […]
EIG Reports Advances At Port of Açu
(EIG, 21,Aug.2019) — EIG Global Energy Partners, controlling shareholder of Prumo Logística S.A., a private Brazilian company leading the energy infrastructure hub at Port of […]
Atlas Says Brazil Solar Plant To Generate 357 GWh/Year
(Atlas, 21.Aug.2019) — Atlas Renewable Energy, leader in clean energy across Latin America, announces that its largest project in Brazil, the Juazeiro Solar Plant, is […]
Bolsonaro Said Wanting To Privatize Petrobras: Rpt
(Reuters, 21.Aug.2019 ) — The economic team of Brazilian President Jair Bolsonaro wants to privatize state-controlled oil company Petroleo Brasileiro SA before the end of […]
Argentina Inks NatGas Export Deal With Chile
(Energy Analytics Institute, Aaron Simonsky, 21.Aug.2019) — Argentina and Chile signed an agreement for the export of natural gas from the former to the latter. […]
Petrobras Informs Of CARF Favorable Decision
(Petrobras, 20.Aug.2019) — Petrobras reports that the Administrative Board of Tax Appeals (CARF) issued today a favorable decision on an administrative tax proceeding regarding the […]
BW Offshore Gets ANH Approval For Maromba Field
(BW Offshore, 17.Aug.2019) — BW Offshore (BWO) announced The Brazilian National Agency of Petroleum, Natural Gas and Biofuels (ANP) has granted BW Offshore status as […]
Petrobras Wins 2019 Transparency Trophy
(Petrobras, 16.Aug.2019) — Petrobras reports that it is one of the winning companies of the 2019 Transparency Trophy. The company was among the 10 best […]
PetroRio Records Net Revenue Of R$547.9mn
(PetroRio, 15.Aug.2019) — PetroRio, the largest independent oil and gas company in the country, closed the second quarter of 2019 with records in operational and […]
Fact Box: PetroRio’s Frade And Polvo Fields
(PetroRio, 15.Aug.2019) — Details of PetroRio’s Frade and Polvo Fields in Brazil. Frade Field The Frade Field is located in deepwaters of Campos Basin, about […]
Petrobras Updates On CDB Debt Pre-Payment
(Petrobras, 14.Aug.2019) — Petrobras reports that today it fully prepaid a financing contract with China Development Bank (CBD) due in 2024, totaling US$ 3 billion. […]