(S&P Global Platts, 11.Oct.2018) — Brazilian state-led oil company Petrobras and Murphy Oil will combine production assets in the US Gulf of Mexico in a […]
Category: Brazil
Brazil energy
Petrobras Updates On Sale Of Onshore Fields Opportunity Disclosure
(Petrobras, 8.Oct.2018) — Petrobras announced the beginning of the opportunity disclosure stage (Teaser) related to the sale of its entire equity share in three onshore […]
Petrobras Prepays Debt With Banco do Brasil
(Petrobras, 5.Oct.2018) — Petrobras prepaid a debt with Banco do Brasil, in the amount of R$2 billion, whose maturity would occur in 2020. Simultaneously, Petrobras […]
Petrobras Offers Clarification On ‘Car Wash’ News
(Petrobras, 5.Oct.2018) — Petrobras reports that it received the Official Letter No. 369/2018/CVM/SEP/GEA-1, which requests the following clarification: Official Letter No. 369/2018/CVM/SEP/GEA-1 “Mr. Director, We […]
Aker Solutions Wins Subsea Order for Libra’s Mero Field Offshore Brazil
(Aker Solutions, 5.Oct.2018) — Aker Solutions has signed a contract with Petrobras to provide a subsea production system and related services for the Mero 1 […]
Baker Hughes to Bid for Petrobras PSC -Baker Hughes Executive
(Reuters, Marta Nogueira, Alexandra Alper, 2.Oct.2018) — General Electric Co’s unit Baker Hughes is preparing an offer for a production-sharing deal with Brazil’s Petrobras, a […]
Why Companhia Energetica, and Petrobras Stocks All Popped Today
(The Motley Fool, Rich Smith, 2.Oct.2018) — Investors are upbeat facing the upcoming Brazilian presidential election. What happened Brazilian oil giant Petroleo Brasileiro (Petrobras) saw […]
Petrobras Offers Clarification On Valor Econômico News
(Petrobras, 1.Oct.2018) — Petrobras received the Official Letter No. 363/2018/CVM/SEP/GEA-1, which requests the following clarification: Official Letter No. 363/2018/CVM/SEP/GEA-1 “Mr. Director, 1. We refer to […]
Brazil Says to Suspend Energy Imports from Venezuela
(Energy Analytics Institute, Ian Silverman, 28.Sep.2018) — The Brazilian government announced it would suspend, until further notice, the importation of Venezuelan energy to supply Roraima, […]
Petrobras Reports On Adjustment Of Sale Prices
(Petrobras, 28.Sep.2018) — Petrobras, following up on the releases disclosed on Aug. 7, 2018 and Aug. 31, 2018, informs that, due to the methodology established […]
Shell Adds Material Acreage To Its Deep-water Position In Brazil
(Shell, 28.Sep2018) — Shell Brasil Petróleo Ltda, a subsidiary of Royal Dutch Shell plc, and its bid consortium member Chevron Brasil Óleo & Gás Ltda, […]
Transocean Extends Contract for Petrobras 10000 Through 2021
(Transocean Ltd., 28.Sep.2018) — Transocean Ltd. announced the ultra-deepwater drillship Petrobras 10000 was awarded a 790-day contract extension offshore Brazil with Petrobras. The contract is […]
ExxonMobil Grabs Additional Acreage in Brazil’s 5th Pre-Salt Bid Round
(ExxonMobil, 28.Sep.2018) — Irving, Texas-based ExxonMobil increased its holdings in Brazil’s pre-salt basins after it won the Titã exploration block with co-venturer Qatar Petroleum during […]
Equinor and Petrobras Sign Brazilian Offshore MOU
(WindPowerOffshore, Craig Richard, 28.Sep.2018) — State-owned oil majors Equinor and Petrobras have signed a three-year memorandum of understanding (MoU) to develop the country’s offshore wind […]
Petrobras, Equinor Ink 3-Year Deal for Wind Energy Projects
(Reuters, 26.Sep.2018) — Norway’s Equinor ASA and Brazil’s Petrobras agreed to jointly seek out offshore wind projects together for the next three years, executives from […]
Petrobras Cuts Gasoline Refinery Price After Pump Record
(Reuters, 24.Sep.2018) — Brazil’s state-owned oil company Petroleo Brasileiro SA said on Monday that it would cut the average price of gasoline at its refineries […]
Alvopetro Announces Gas Treatment Facility Construction in Bahia
(Alvopetro Energy Ltd., 21.Sep.2018) — Alvopetro Energy Ltd. announced award of the contract for the construction of its Natural Gas Treatment Facility in the state […]
Brazil Presidential Hopeful Vows to Create 2 Million Green-Energy Jobs
(Efe, 21.Sep.2018) — Environmentalist Marina Silva said on Friday that if elected next month as Brazil’s president, she will create 2 million jobs through programs […]
Petrobras Bondholders Exchange $8.9 Bln Notes for Identical Paper
(Reuters, 21.Sep.2018) — Bondholders in Brazilian state-run oil firm Petroleo Brasileiro SA have accepted the exchange of about $8.9 billion of unregistered notes for identical […]
Aker Solutions Wins Major Services Contract in Brazil
(Aker Solutions, 18.Sep.2018) — The Campos Basin extends approximately 100,000 square kilometers. The three-year contract is valued at more than BRL 250 million and includes […]
Petrobras to Boost Oil Output in 2019, Cut Debt $10 Billion – CFO
(Reuters, Devika Krishna Kumar, Simon Webb, 17.Sep.2018) — Brazil’s state-run oil giant Petróleo Brasileiro SA aims to raise output as much as 10 percent to […]
Petrobras Aims To Cut Debt Further, Boost Oil Production In 2019
(OilPrice.com, Tsvetana Paraskova, 17.Sep.2018) — Brazil’s state-run oil firm Petrobras plans to shave another US$10 billion off its huge net debt and increase oil production […]
Stena Bulk, Petrobras, Ink Two-Year Contract
(Energy Analytics Institute, Jared Yamin, 8.Sep.2018) — Stena Bulk signed a deal to charter two MR tankers to Petrobras. Under the deal, Stena Bulk will […]
Petrobras Unveils Gasoline Hedge in Bid to Weather Volatility
(Reuters, 6.Sep.2018) — Brazil’s state-run oil company Petroleo Brasileiro SA on Thursday unveiled a hedging program for gasoline prices in a bid to boost pricing […]
Output from Main Pre-Salt Field to Peak in 2019
(Efe, 6.Sep.2018) — Output from Brazil’s most prolific pre-salt field will climb to a peak of 1 million barrels of oil per day in 2019, […]
Brazil Santos Lifting Costs Could Reach $5/bbl
(Reuters, 6.Sep.2018) — Lifting costs for the Santos basin in Brazil’s offshore pre-salt oil play should reach an all time low of $5 per barrel, […]
Petro-Victory Purchases Assets in Brazil
(Petro-Victory Energy Corp., 4.Sep.2018) — Petro-Victory Energy Corp. announced a $1.6 million acquisition of production and working interests in 4 oil fields, comprised of 12,850 […]
Brazil’s Energy Agency Opts for Argus Prices
(Argus Media, 30.Aug.2018) — Brazil’s National Agency of Petroleum, Natural Gas and Biofuels (ANP) will start using prices published by leading global energy and commodities […]
Golar Power Affiliate CELSE Closes $1.3 Bln Financing
(Golar LNG, 25.Aug.2018) — Golar Power Limited’s affiliate, CELSE, closed a $1.34 billion financing facility for the Sergipe project. On April 19, CELSE, the 50% […]
Golar Applies for FSRU Permits in Brazil
(TO&GY, 24.Aug.2018) — Offshore midstream company Golar LNG has started the process to acquire an environmental permit for its Terminal Gas Sul (TGS) project in […]
Oil Auction from Brazil Transfer-of-Rights Unlikely in 2018
(Reuters, 23.Aug.2018) — A Brazilian auction of rights to develop additional oil-producing areas in the country’s so-called transfer-of-rights region is unlikely this year, Brazil’s Deputy […]
Petrobras to Start Replan Refinery Reopen in 48 Hours
(Reuters, 22.Aug.2018) — Brazil’s state-run oil company Petróleo Brasileiro SA may begin procedures to reopen its largest refinery, closed after an explosion and fire, in […]
Brazil’s Opposing Energy Views
(OilPrice.com, Haley Zaremba, 21.Aug.2018) – Brazil’s energy industry seems to be caught in a moment of deep ambivalence–on one side of the issue, they are […]
Petrobras Sees No Fuel Supply Shortage After Replan Fire
(Reuters, 20.Aug.2018) – A director at Brazilian state-run oil company Petroleo Brasileiro SA said on Monday a fire at the company’s largest refinery Replan, in […]
Oceaneering Subsidiary Secures Contract with Petrobras
(Oceaneering International, Inc., 20.Aug.2018) – Marine Production Systems do Brasil Ltda., one of Oceaneering International, Inc.’s wholly owned subsidiaries, has secured a four-year contract with […]
Guyana to Become 5th Largest Oil Producer in LAC Region
(Energy Analytics Institute, Piero Stewart, 15.Aug.2018) – If all goes off as planned, by 2025, Guyana will be the 5th largest oil producer in the […]
Colombia Says Odebrecht Bribes Larger Than Previously Known
(Bloomberg, Ezra Fieser, 15.Aug.2018) – Odebrecht SA, the Brazilian construction giant, paid at least $32.5 million in bribes in Colombia — three times the amount […]
Technology, New Innovations and the LatAm Energy Sector
(Energy Analytics Institute, Pietro D. Pitts, 14.Aug.2018) – The ability to use hydraulic fracturing to tap shale formations, to remotely monitor and manage assets, and […]
Andrade Calls Out to Duque Over Odebrecht Case
(TheAndradeStory.com, 13.Aug.2018 – On Thursday (8/9) afternoon, the Office of the Attorney General of Colombia announced two new charges against the former head of the […]
Mexico’s CNH to Speak at EnerCom Conference
(Energy Analytics Institute, Jared Yamin, 9.Aug2018) – The 23rd annual EnerCom conference will take place in the Denver Downtown Westin Hotel on Aug. 19-22, 2018. […]
Petrobras Receives Over R$ 1 Bln from Operation Car Wash
(Petrobras, 9.Aug.2018) – Petrobras informs that it has received a return of R$ 1.034 billion through cooperation and leniency agreements signed with individuals and legal […]
Petrobras Approves Pmt of Interest on Capital
(Petrobras, 6.Aug.2018) – Petrobras reports that its Board of Directors approved in a meeting held yesterday the distribution of early remuneration to shareholders as Interest […]
Petrobras Posts 1H:18 Profit, Reduces Debt
(Petrobras, 3.Aug.2018) – Petrobras reported net income of R$ 17 billion in the first half of 2018. The positive result was mainly influenced by the […]
Shell Offers 1H:18 LatAm Updates
(Energy Analytics Institute, Jared Yamin, 1.Aug.2018) – Royal Dutch Shell plc announced the following updates during the first half of 2018. Mexico In the deep-water […]
Shell Provides 3Q:18 Outlook Update
(Energy Analytics Institute, Jared Yamin, 1.Aug.2018) – Royal Dutch Shell plc offered the following outlook for the third quarter of 2018. Compared with the third […]
Shell Brazil Invests in FPSO Tanks Solution
(World Oil, 31.Jul.2018) – Aberdeen-based inspection technology and service provider for the oil and gas industry, Innospection, Shell Brazil and SENAI CIMATEC technology institute in […]
Peregrino Module Sails to Brazilian Platform
(Energy Voice, David McPhee, 31.Jul.2018) – Watch as Equinor’s Peregrino modules set sail en route to the platform in Brazil to begin Phase 2 of […]
Petrobras Targets China with New Crude Oil
(Reuters, Florence Tan and Alexandra Alper, 27.Jul.2018) – Brazil’s state-controlled energy company Petrobras plans to push more crude oil to top importer China by marketing […]
EIA Beta Interactive Data Analysis
(Energy Analytics Institute, Ian Silverman, 26.Jul.2018) – Beta data from the EIA provide users with an interactive way to analyze multiple petroleum data. According to […]
Petrobras says Entorno de Sapinhoá Block Viable
(Reuters, 20.Jul.2018) – Brazil’s state-controlled oil company Petróleo Brasileiro SA said that areas it operates adjacent to the Entorno de Sapinhoá block in the Santos […]