(Petrobras, 10.May.2019) â Petrobras informs that it received the Official Letter No. 288/2019-SLS, which requests the following clarification:Official Letter nÂș 288/2019-SLS âDear Gentlemen, In a […]
Category: Brazil
Brazil energy
Earnings Call Transcript For Petrobrasâ 1Q:19 Results
(Motley Fool, 10.May.2019) â Brazilâs Petrobras reported first quarter 2019 earnings call transcript can be found below. Earnings Call Transcript For Petrobrasâ 1Q:19 Results Contents: […]
Petrobras Throws Out Printers As CEO Focuses On Cost Cutting
(Bloomberg, Sabrina Valle and Peter Millard, 9.May.2019) â Soon after taking over as chief executive officer of Brazilâs state-controlled oil giant Petrobras, Roberto Castello Branco […]
Braskem Says Consolidated Recurring EBITDA Reached $336 Million In 1Q:19
(Braskem, 8.May.2019) â Braskem S.A. announces today its results for 1Q19. HIGHLIGHTS: Braskem – Consolidated: — Braskem’s recurring EBITDA was US$ 336 million, down 16% […]
Petrobras Exec Flags Production Boost During Second Quarter
(Reuters, 8.May.2019) â Oil and gas production at Petroleo Brasileiro SA is on the rise in the second quarter, and has been above 2.8 million […]
Petrobras Approves Shareholder Remuneration Payment
(Petrobras, 7.May.2019) â Petrobras informs that its Board of Directors, at a meeting held today, approved the distribution of anticipated remuneration to shareholders as interest […]
Brazilâs Petrobras Launches New Investor Relations Website
(Petrobras, 7.May.2019) â Petrobras informsthat it launched a new InvestorRelations website, featuring an easier and more intuitive navigation and a modern layout, aligned with the […]
What Does IMO 2020 Mean For Downstream, Upstream, LNG and Bulks Sector
(Woodmac, 7.May.2019) â Implementation of IMO 2020 regulation is just eight months away and its implications will be felt beyond refining and shipping. Wood Mackenzie’s […]
YPF Eyes Increasing Interest In Mega To 72% With Petrobras Acquisition
(Energy Analytics Institute, Aaron Simonsky, 6.May.2019) â YPF announced it’s desire in acquiring Petrobrasâ 34% interest in gas separator Mega, after the Brazilian company announced […]
Ecopetrol Updates Details of Farm-in To Saturno Block In Brazil
(Energy Analytics Institute, Aaron Simonsky, 3.May.2019) â Colombia’s state oil company Ecopetrol reportedly has updated on its farm-in in the Saturno block in Brazil. Partners […]
LatAmNRG Bolivia Briefs: YPFB Investments 2019-2025; Gas Consumption Of 13 MMcm/d
(Energy Analytics Institute, Ian Silverman, 1.May.2019) â Heard on the street and LatAmNRG briefs related to Bolivia the land-locked country generating oil and gas revenues […]
Petrobras Completes Pasadena Refinery Sale To Chevron
(Petrobras, 1.May.2019) â Petrobras, following up on the release disclosed on 01/30/2019, informs that it has completed, through its subsidiary Petrobras America Inc. (PAI), the […]
Petrobras Announces Release Date Of 1Q:19 Results
(Petrobras, 30.Apr.2019) â Petrobras will release 2019 first quarter results (1Q19) on May 7, after the closing of the market in Brazil (B3). On May […]
Petrobras Presents Strategic Plan For Guyanaâs Oil And Gas Sector
(Stabroek News, 30.Apr.2019) â Representatives of the majority-state-owned Brazilian oil company, Petrobras yesterday presented a five-year strategic plan for Guyanaâs oil and gas industry, which […]
Brazil’s Petrobras Files Reference Form 2018
(Petrobras, 30.Apr.2019) â Petrobras reports that it filed today the Reference Form (âFormulĂĄrio de ReferĂȘnciaâ) for the financial year 2018 with the Securities and Exchange […]
Petrobras Uruguay Says Not Willing To Accumulate Damages, Losses
(Energy Analytics Institute, Aaron Simonsky, 29.Apr.2019) â Petrobras Uruguay commented on announcements made from Petrobras’ headquarters in Rio de Janeiro, Brazil. “Petrobras Uruguay will continue […]
Companhia Paranaense De Energia Files Form 20-F
(Copel, 26.Apr.2019) â Companhia Paranaense de Energia â COPEL, a company that generates, transmits, distributes and sells power, with shares listed on the NYSE (ELPVY, […]
Petrobras BODs Gives Thumbs Up To Potential Refinery Sales
(Petrobras, 26.Apr.2019) â Petrobras announced that the Board of Directors, in a meeting held today, approved  new guidelines for the management of its asset portfolio. […]
Petronas Enters SPA with Petrobras for Stake in Tartaruga Verde Field
(Petronas, 26.Apr.2019) â Petronas through its subsidiary, Petronas PetrĂłleo Brasil Ltda. (PPBL) entered into a Sale and Purchase Agreement (SPA) with PetrĂłleo Brasileiro S.A. (Petrobras), […]
Petrobras Inks Three Deals To Divest Of Assets Worth US$10.3 Billion
(Petrobras, 25.Apr.2019) â Petrobras informs that today it executed three sale and purchase agreements to sell assets in the total amount of US$ 10.3 billion […]
Petrobras Sets Aside R$1.3bn For Litigation Involving Sete Brasil
(Petrobras, 25.Apr.2019) â Petrobras informs, within its ongoing process of assessment of contingencies, that it will provision R$ 1.3 billion as a result of the […]
Petrobras Clarifies News Of Agreement With Lava-Jato Task Force
(Petrobras, 25.Apr.2019) â Petrobras informs that it received the Official Letter No. 141/2019/CVM/SEP/GEA-1, which requests the following clarification: Official Letter No 141/2019/CVM/SEP/GEA-1 “Dear Executive Officer, […]
Canadian Solar To Divest Interest In Brazilian Solar Project To Nebras Power
(Canadian Solar, 24.Apr.2019) â Canadian Solar Inc., one of the world’s largest solar power companies, announced today the signing of an agreement for the sale […]
Petrobras Names New Chief Financial And Investor Relations Officer
(Petrobras, 24.Apr.2019) â Petrobras informs that its Board of Directors, at a meeting held today, elected Ms. Andrea Marques de Almeida as the Company’s Chief […]
Petrobras Says BOD Approves Voluntary Severance Program
(Petrobras, 24.Apr.2019) â Petrobras reports that its Board of Directors has approved a new Voluntary Severance Program – PDV. Employees of Petrobras holding who are […]
Petrobras Updates On Auction Of Transfer Of Rights Excess Volumes
(Petrobras, 24.Apr.2019) â Petrobras following up on the release dated 04/09/2019, informs that, on 04/18/2019, the Resolution of the National Council of Energy Policy (CNPE) […]
Petrobras Appoints New Executive Manager Over IR Department
(Petrobras, 24.Apr.2019) â Petrobras informs that its Board of Directors, at a meeting held today, approved the appointment of Ms. Carla Dodsworth Albano Miller to […]
New Chief Vows To Keep Petrobras Free From Political Meddling
(Ft.com, Bryan Harris and Andres Schipani, 24.Apr.2019) â Castello Branco knows Brazil oil group needs to show autonomy to regain investor trust. Roberto Castello Branco, […]
Canadian Solar To Sell 483-MW Project Portfolio In Brazil
(Renewables Now, 24.Apr.2019) â Canadian Solar Inc has reached a deal to sell an 80% stake in a 482.6-MWp portfolio of contracted Brazilian solar projects […]
Bolivia Gas Production: âIncreasingly Smaller, Increasingly Expensiveâ
(Energy Analytics Institute, Ian Silverman and Piero Stewart, 23.Apr.2019) â Boliviaâs production of natural gas reached 36 million cubic meters per day (MMcmd/) in March […]
SAExploration Announces New $25mn Ocean-Bottom Marine Project In Brazil
(SAExploration, 23.Apr.2019) â SAExploration Holdings, Inc. (SAE) announced a new deep-water ocean-bottom marine project award in Brazil for a major international oil company valued at […]
Petrobras Says Daily Gasoline And Diesel Prices Available On Website
(Petrobras, 22.Apr.2019) â Petrobras informs that as of today, the daily prices of gasoline and diesel in each of its points of sale throughout the […]
Petrobras Reports Resignation Of Member Of Board Member Antunes
(Petrobras, 18.Apr.2019) â Petrobras reports that Board member JerĂŽnimo Antunes submitted his resignation from the Board of Directors of the company, as well as from […]
Petrobras Confirms Extension Of Accumulation In Moita Bonita Area
(Petrobras, 18.Apr.2019) â Petrobras announces that it has completed the drilling of the well 3-SES-192 (Petrobras nomenclature) / 3-BRSA-1367-SES (ANP nomenclature)l in the area known […]
Toyota To Build Corolla In Brazil That Will Run On Electricity, Ethanol And Gas
(Reuters, 17.Apr.2019) â Japan’s Toyota Motor Corp said on Wednesday it will begin building in Brazil a new version of the Corolla sedan that will […]
Brazil Sets October Oil Auction Signing Bonus Of $26.9 Bln – Minister
(Reuters, 17.Apr.2019 â Brazilâs government will require a signing bonus of 106 billion reais ($26.9 billion) in an Oct. 28 auction of excess oil from […]
Petrobras Increases Diesel Price
(Petrobras, 17.Apr.2019) â Petrobras has decided to increase the diesel price by R$ 0.10/liter, which implies a minimum variation of 4.518% and a maximum of […]
Petrobras Informs About Studies Of Caixa EconĂŽmica Federal To Sell Its Shares
(Petrobras, 17.Apr.2019) â Petrobras says it has received correspondence from Caixa EconĂŽmica Federal informing that it is studying the possibility of selling shares that they […]
Brazil To Auction Oil Camps Despite Environmental Warnings
(AP, Peter Prengaman and Mauricio Savarse, 13.Apr.2019) â The administration of President Jair Bolsonaro plans to auction seven offshore oil fields in the northeast despite […]
Petrobras Updates On Diesel Price Readjustment
(Petrobras, 12.Apr.2019) â Petrobras informs that, in line with its strategy for diesel price readjustments, announced on 03/26/19, it revisited its hedge position and evaluated, […]
Petrobras Price Move Damages Bolsonaro’s Pro-Business Stance
(Bloomberg, Simone Preissler Iglesias and Sabrina Valle, 12.Apr.2019) â A conversation lasting less than 20 minutes was enough to put the neo-liberal credentials of Brazil […]
Brazil To Pay Petrobras $9B In Oil Contract Settlement
(SeekingAlpha, Carl Surran, 10.Apr.2019) â Brazil’s government will pay $9.06B to Petrobras for revising the contract for the transfer of rights area, Energy Minister Albuquerque […]
Brazilâs Petrobras Announces Final Tender Results
(Petrobras, 9.Apr.2019) â Petrobras announced the final results of its previously announced debt tender offers (the âWaterfall Offersâ). As of 11:59 p.m., New York City […]
Petrobras Informs On Sale Of LiquigĂĄs: Publication Of The New Teaser
(Petrobras, 9.Apr.2019) â Petrobras, following up on the press release disclosed on 04/05/2019, regarding the competitive sale process of 100% of LiquigĂĄs Distribuidora SA, informs […]
TechnipFMC Inks Significant Subsea Deal For The Lapa Pre-Salt Field In Brazil
(Energy Analytics Institute, Aaron Simonsky, 9.Apr.2019) â TechnipFMC said it has been awarded a significant contract for the Lapa field by Total E&P do Brasil […]
Petrobras Updates On National Council of Energy Policy (CNPE)
(Petrobras, 9.Apr.2019) â Petrobras informs that became aware of the CNPE announcement regarding the revision of the Transfer of Rights Agreement in reference to their […]
Students Put Energy Efficient Cars To The Test At Shell Eco-marathon Americas
(Shell, 7.Apr.2019) â Make the Future Live California featuring Shell Eco-marathon Americas drew more than 1,000 students to Sonoma Raceway to compete for the title […]
YPFB President Says Incahuasi-5 Well To Add 3.5 MMcm/d Of NatGas Output
(Energy Analytics Institute, Ian Silverman, 5.Apr.2019) â Yacimientos PetrolĂferos Fiscales Bolivianos (YPFB) President Oscar Barriga says the Incahuasi-5 well, located 250 kilometers southwest of Santa […]
Petrobras Announces TAG Sale Offer
(Petrobras, 5.Apr.2019) â Petrobras informs that, in the scope of the competitive sale process of 90% of Transportadora Associada de GĂĄs SA (“TAG”), ENGIE group, […]