(Petrobras, 8.Jul.2019) â Petrobras announced the expiration and expiration date results of the previously announced offers to purchase by its wholly-owned subsidiary Petrobras Global Finance […]
Category: Brazil
Brazil energy
Petrobras And CADE Ink Natgas Market Deal
(Petrobras, 8.Jul.2019) â Petrobras reports that it signed an Agreement with the Administrative Council for Economic Defense (CADE), which consolidates understandings between the parties on […]
Petrobras Chief Governance, Compliance Officer Resigns
(Petrobras, 5.Jul.2019) â Petrobras informs that its Chief Governance and Compliance Executive Officer, Rafael Mendes Gomes, presented his resignation from the position, for personal reasons. […]
Petrobras Clarifies On LiquigĂĄs Divestment
(Petrobras, 5.Jul.2019) â Petrobras, in relation to the news published in the media, regarding the sale of LiquigĂĄs Distribuidora SA, clarifies that this divestment project […]
Petrobras Starts Teaser For Espirito Santo E&P Assets
(Petrobras, 5.Jul.2019) â Petrobras started the opportunity disclosure stage (teaser), related to the sale of its entire working interest in PeroĂĄ and CangoĂĄ production fields […]
Petrobras Informs Of Capital Interest Payment
(Petrobras, 5.Jul.2019) â Petrobras informs that in connection to the press released of May 7th, 2019 that it is paying today Interest on Capital (IOC), […]
Dozens Arrested For Murder, Extortion Of Petrobras Contractors
(Reuters, Gram Slattery and Rodrigo Viga Gaier, 4.Jul.2019) â Police in Rio de Janeiro arrested more than 40 people on Thursday for their alleged roles […]
Constellation Announces Updates Regarding RJ Plan
(Constellation, 2.Jul.2019) â Constellation Oil Services Holding S.A., filed an amended plan (the “Plan”) in its recuperação judicial (“RJ”) proceeding in Brazil on July 1, […]
Former Petrobras CEO Appointed Nubank Member
(Reuters, 1.Jul.2019) â Brazilian financial startup Nubank has appointed former Petroleo Brasileiro SA’s Chief Executive Ivan Monteiro as a member of its risk committee and […]
Petrobras To Divest Refinery Assets To Trim Leverage
(Zacks, 1.Jul.2019) â In a bid to forge ahead with divestment goals, Petrobras has commenced the process of offloading four refineries namely Rnest, Rian, Repar […]
Petrobras Commences Cash Tender Offers
(Petrobras, 1.Jul.2019) â Petrobras announces that its wholly-owned subsidiary, Petrobras Global Finance B.V. (âPGFâ), has commenced cash tender offers to repurchase certain of its outstanding […]
Petrobras’ Teasers For Downstream Assets In Brazil
(Petrobras, 28.Jun.2019) â Petrobras, following up on the release issued on April 26, 2019, announces the beginning of the opportunity disclosure stage (teaser) related to […]
Brazil Bets Storing Oil Will Boost China Sales
(Bloomberg, 27.Jun.2019) â Brazil is making it easier for Chinaâs teapots to buy Lula crude as it seeks to win more market share in the […]
Petrobras Prices 2nd Caixa EconĂŽmica Federal Offering
(Petrobras, 26.Jun.2019) â Petrobras announced that on June 25, 2019, it priced the global offering by Caixa EconĂŽmica Federal (the âSelling Shareholderâ)of 241,340,371 common shares, […]
Petrobras Starts Non-Binding Phase For Sale Of Breitener Energética S.A.
(Petrobras, 26.Jun.2019) â Petrobras, following up on the release disclosed on 06/11/2019, announces the beginning of the non-binding phase for the sale of 93.7% of […]
Petrobras’ Divestment Of Enchova And Pampo Clusters
(Petrobras, 25.Jun.2019) â Petrobras, following up on the release dated June 13, 2019, informs that it will hold a new round of final offers for […]
LatAmNRG Heard On The Street: Gas Markets, Argentina Tender
(Energy Analytics Institute, Aaron Simonsky and Ian Silverman, 25.Jun.2019) â Heard on the street related to the Latin America and Caribbean upstream, midstream, downstream and […]
Petrobras Starts Rio Ventura Cluster Non-Binding Phase
(Petrobras, 25.Jun.2019) â Petrobras, following up on the release disclosed on 06/03/2019, announces the beginning of the non-binding phase related to the sale of its […]
Brazil Approves Pro-market Gas Regulations
(Argus, 25.Jun.2019) â Brazil’s national energy policy council (CNPE) approved regulations that will open the country’s natural gas market and reduce the dominant position of […]
Brazil Approves Natgas Market Overhaul
(Reuters, 24.Jun.2019) â Brazilâs energy policy council on Monday approved a plan to overhaul the domestic natural gas market, with the countryâs Mines and Energy […]
Petrobras Updates On $700mn Vantage Payment
(Petrobras, 21.Jun.2019) â Petrobras, following up on the release of May 17, 2019, hereby informs that its subsidiaries paid today the amount of approximately US$700 […]
Petrobras Starts LiquigĂĄs Binding Divestment Phase
(Petrobras, 20.Jun.2019) â Petrobras, following up on the release dated 05/10/2019, announces the beginning of the binding phase related to the sale of LiquigĂĄs Distribuidora […]
Petrobras Clarifies Natgas Find In Sergipe Basin
(Petrobras, 17.Jun.2019) â Petrobras, regarding the news published in the media, related the discovery of natural gas in the Sergipe Basin, clarifies that, in recent […]
Argentina And Uruguay Scramble To Restore Power
(Reuters, Adam Jourdan and Eliana Raszewski, 16.Jun.2019) â Argentina and Uruguay were scrambling to restore power to millions of people after a massive power failure […]
Power Failure Cuts Power To All Of Argentina And Uruguay, Supplier Says
(BBC, 16.Jun.2019) â A massive electrical failure has left all of Argentina and Uruguay without power, according to a major Argentine electricity provider. Reports said […]
CBHE President: Export Volumes Donât Determine Profitability
(Energy Analytics Institute, Aaron Simonsky, 16.Jun.2019) â An agreement signed between Bolivia and Paraguay, to carry out a study aimed at building a binational gas […]
Brazil Cities Paralysed As Bolsonaro Faces Strike
(AFP, 14.Jun.2019) â A nationwide strike called by Brazil’s trade unions disrupted public transport and triggered road blocks in parts of the country Friday, ahead […]
Total, Shell, Petrobras Launch Mero 2 Project Offshore Brazil
(Chron.com, Jordan Blum, 12.Jun.2019) â The Libra Consortium led by Petrobras, Royal Dutch Shell and Total said they’ve authorized construction of the multibillion-dollar Mero 2 […]
Libra Consortium Takes FDI On Mero-2 FPSO In Brazil’s Pre-Salt
(Shell, 11.Jun.2019) â Libra Consortium announced the final investment decision to contract the Mero-2 floating production, storage and offloading (FPSO) vessel to be deployed at […]
FMC Corp. Realigns Leadership Structure In The Americas
(FMC, 11.Jun.2019) â FMC Corporation announced that it is realigning the leadership structure for its North America and Latin America regions. Ronaldo Pereira, president, FMC […]
Petrobras Announces Secondary Equity Offering By Caixa EconĂŽmica Federal
(Petrobras, 10.Jun.2019) â Petrobras announces that Caixa EconĂŽmica Federal (the âSelling Shareholderâ), has commenced an offering of 241,340,371 common shares, without par value, of Petrobras, […]
Petrobras Says CEF To Divest $1.86 Billion Stake
(Reuters, 10.Jun.2019) â Brazilâs state-run oil company Petroleo Brasileiro SA said Caixa EconĂŽmica Federal will sell a stake worth 7.2 billion reais ($1.86 billion) in […]
ItaipĂș Dam Talks To Vent Paraguayâs Pent-up Energy
(FT.com, Andres Schipani, 10.Jun.2019) â From the GuaranĂ language, ItaipĂș translates as âthe sounding stoneâ, echoing the reverberations the ParanĂĄ river makes as it flows […]
Petrobras Reports On Secondary Public Offering Of BR Distribuidora Shares
(Petrobras, 7.Jun.2019) â Petrobras, following up on the release of05/22/2019, informs that on this date it has submitted to the Brazilian Association of Financial and […]
LatAmNRG Bolivia Briefs: Putin-Morales Meeting, Lithium, Potassium Chloride
(Energy Analytics Institute, Aaron Simonsky, 7.Jun.2019) â Heard on the street related to the Bolivian upstream, midstream, downstream and renewable energy sectors including: Russian President […]
Petrobras Announces Favorable Supreme Court Decision
(Petrobras, 6.Jun.2019) â Petrobras said the Plenary of the Federal Supreme Court (STF) reversed the provisional injunction granted by Minister Ricardo Lewandowski in ADI 5624, […]
ANP 16th Bid Rounds: Mitigating Sky-high Bonuses
(WoodMac, 6.Jun.2019) â After three highly competitive exploration bid rounds in 2018, momentum is building for Brazil’s three-round licensing bonanza that starts later this year. […]
Argentina And Brazilian Officials Meet To Discuss Energy Exchanges
(Energy Analytics Institute, Ian Silverman, 6.Jun.2019) â Argentinaâs Energy Secretariat Gustavo Lopetegui met 6 June with Brazilâs Minister of Mines and Energy Bento Albuquerque under […]
Ultrapar Announces Early Tender Results Of Offer For Its 5.250% Notes Due 2026
(Ultrapar, 6.Jun.2019) â Ultrapar International S.A. announced the early tender results of its offer to purchase for cash up to U.S.$200,000,000 aggregate principal amount. (Incorporated […]
Different Brazilian Justice OKs Privatizations Without Congressional Approval
(Reuters, 6.Jun.2019 ) â Brazilian Supreme Court Justice Carmen Lucia voted on Thursday to allow the divestment of state-run firms and subsidiaries without congressional approval, […]
Engie Brazil CEO Expects Supreme Court To Ok $8.6 Billion Gas Pipeline Deal
(Reuters, 6.Jun.2019) â The chief executive officer of Engie SA in Brazil, Mauricio Bahr, said he expects the country’s highest court to approve the French […]
Odebrecht Informs Petrobras That Sales Talks With Lyondell Are Off
(Energy Analytics Institute, Aaron Simonsky, 4.Jun.2019) â Odebrecht S.A., the controlling shareholder of Braskem S.A., notified Petrobras that negotiations regarding the potential transaction involving the […]
Brazil Will Allow Mills Sell Ethanol Directly To Service Stations
(Reuters, Marcela Ayres and Marcelo Teixeira, 4.Jun.2019) â The Brazilian government on Tuesday paved the way for ethanol makers to sell the fuel directly to […]
GeoPark Testing Praia Dos Castelhanos 1 Exploration Well
(GeoPark, 3.Jun.2019) â GeoPark Limited drilled and completed the Praia dos Castelhanos 1 exploration well in the REC-T-128 block (GeoPark operated, 70% WI) to a […]
LatAmNRG Bolivia Briefs: Petrobras Volumes, Investments In Lithium
(Energy Analytics Institute, Ian Silverman, 30.May.2019) â Heard on the street and LatAmNRG briefs related to Brazilâs Petrobras requesting lower natural gas volumes from Boliviaâs […]
Petrobras Says It Has Been Contacted By U.S. CFTC
(Reuters, 30.May.2019) â Brazilian state-run oil firm Petrobras has received a request for information from the U.S. Commodity Futures Trading Commission regarding the firm’s trading […]
Brazil Govt, Petrobras Lobby Ahead Of Key Privatization Court Ruling
(Reuters, Ricardo Brito, 30.May.2019) â Brazilian state-run oil company Petrobras and sectors of the government are mobilizing in the lead-up to a Supreme Court session […]
Petrobras Starts Teaser For 27 Onshore Fields In EspĂrito Santo
(Energy Analytics Institute, Aaron Simonsky, 27.May.2019) â Brazilâs state oil and gas entity Petrobras started the opportunity disclosure phase or Teaser, related to divestment of […]
Braskem BODs OKs $101mn Corruption Settlement
(Reuters, 27.May.2019) â The board of Brazilian petrochemicals producer Braskem SA has approved an agreement with authorities to pay 410 million reais ($101 million) to […]
Petrobras Sets June Deadline For Liquigas Non-Binding Offers: Source
(Reuters, Carolina Mandl, 27.May.2019) â Brazilian state-controlled oil company Petroleo Brasileiro SA has set a June 7 deadline to receive non-binding proposals for its liquefied […]