Brazil Archives - Page 42 of 46 - Energy Analytics Institute (EAI)

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 […]

Petrobras to Start Up 4 New Platforms in 4Q

(Reuters, 18.Jul.2018) – Brazil’s state-controlled oil company Petrobras will start pumping pre-salt oil from four new platforms between October and December, the company’s director for […]

Total Advances Renewable Projects in Brazil

(UPI, Daniel J. Graeber, 18.Jul.2018) – A renewable energy division of French supermajor Total said Wednesday it was moving forward with new solar power developments […]

Petrobras Output in Campos Drops

(Reuters, Marta Nogueira, 17.Jul.2018) – Oil production by Brazilian state-led Petroleo Brasileiro SA in the Campos basin fell 1.4 percent in June over the previous […]

FDI in LAC Region Falls for Third Straight Year

(Energy Analytics Institute, Ian Silverman, 12.Jul.2018) – Foreign Direct Investment (FDI) in Latin America and the Caribbean fell for a third straight year in 2017, […]

Pre-Salt Rich Brazil – Gas Imports? Yes please.

Petrobras, CNPC to Finish Rio Refinery

(Efe, 4.Jul.2018) – Brazilian state oil company Petrobras and China’s state-owned China National Petroleum Corporation signed a letter of intent to conclude construction of a […]

ISA CTEEP Awarded $1.7 Bln Projects in Brazil

(Energy Analytics Institute, Ian Silverman, 30.Jun.2018) – The company was awarded two areas that total 2,560 kilometers of transmission lines, and substations with transformation capacity […]

Brazil: What’s Next for Upstream, Refining

(Energy Analytics Institute, Aaron Simonsky, 29.Jun.2018) – Watch the Inter-American Dialogue debate, Energy Policy in Brazil: What’s Next for Upstream, Refining and LNG. ***

Brazil Output to Reach 5.5 MMb/d: Oddone

(Energy Analytics Institute, Aaron Simonsky, 29.Jun.2018) – “Brazil’s oil production could reach 5.5 million barrels per day by 2027,” ANP General Director Décio Oddone, said […]

Brazil Deep-water Competitiveness: José Firmo

(Energy Analytics Institute, Aaron Simonsky, 29.Jun.2018) – “Today Brazil is the most competitive in all of deepwater and ultra-deepwater,” José Firmo, Brazilian Petroleum Institute, said […]

Sterlite, State Grid Win Brazil Power Licenses

(Reuters, 29.Jun.2018) – India’s Sterlite, China’s State Grid, and Colombia’s Isa clinched licenses to build power transmission lines in Brazil in a government auction on […]

EDP Introduces Blockchain Solution in Brazil

(Renewables Now, 28.Jun.2018) – Energias de Portugal SA (ELI:EDP) announced on Thursday it has become the first to use blockchain technology to measure and record […]

Brazil to Auction 20 Transmission Lines

(RioTimes, Lise Alves, Senior Contributing Reporter, 28.Jun.2018) – ANEEL (Electric Energy Regulator) in Brazil will conduct the first energy transmission auction of the year on […]

Petrobras New CFO Election

(Petrobras, 27.Jun.2018) – Petrobras informs that its Board of Directors, at a meeting held today, appointed the engineer Rafael Salvador Grisolia to the position of […]

BHP Provides Update on Samarco

(BHP Billiton, 26.Jun.2018) – On 2 March 2016, Samarco Mineração S.A., Vale S.A., BHP Billiton Brasil Ltda (the Companies), and the Federal Government of Brazil, […]

Tartaruga Verde Field Commences Production

(Petrobras, 25.Jun.2018) – Petrobras started production of Tartaruga Verde field, in deep waters of Campos Basin, by means of FPSO Cidade de Campos dos Goytacazes. […]

Brazil Labor Court Rules Against Petrobras

(Reuters, 21.Jun.2018) – Brazil’s top labor court ruled in favor of workers at Brazil’s state-controlled oil giant Petroleo Brasileiro in a wage spat that could […]