(Energy Analytics Institute, 27.Nov.2024) — Petrobras signed a Heads of Agreement (HOA) with the Danish company European Energy—which develops, builds and operates renewable energy assets, […]
Category: Brazil
Brazil energy
Race for LatAm offshore wind energy starting: Brazil, Chile, Colomba, and Uruguay
BOGOTA, COLOMBIA (Margarita Nieves-Zárate, Energy Analytics Institute, 26.Nov.2024, Words: 1,083) — The race for offshore wind energy in Latin America is just starting. According to […]
Petrobras Eyes Ethanol Sector
(Energy Analytics Institute, 23.Nov.2024) — Petrobras plans to enter the ethanol sector preferably through minority strategic partnerships or shared control with relevant players in the […]
Petrobras Approves Business Plan 2025-2029 [PDF Download]
(Petrobras, 21.Nov.2024) — Petrobras‘ Board of Directors approved, at a meeting held today, the Strategic Plan 2050 (SP 2050) and the Business Plan 2025-2029 (BP […]
Petrobras BODs Approves Remuneration to Shareholders
(Petrobras, 21.Nov.2024) — Petrobras‘ Board of Directors approved the payment of extraordinary dividends in the amount of R$20bn, equivalent to R$1.55174293 per common and preferred […]
Petrobras to Pay Remuneration to Shareholders
(Petrobras, 21.Nov.2024) — Petrobras, following up on the Material Fact of 8 Aug. 2024, will pay the first installment of the dividends approved by its […]
High-impact Exploration Could Cut Scope 1 and 2 Emissions by 6% in 2030
(WoodMac, 21.Nov.2024) — Investment in oil and gas exploration has plummeted two-thirds in the last decade, but the industry still has a critical role to […]
G20 Summit Can Provide Momentum for Sustainable Development
(China Daily, 18.Nov.2024) — With the international community increasingly at risk of being torn apart by the centrifugal force generated by the black hole at […]
Petrobras to Host Webcast to Present Strategic Plan 2050
(Energy Analytics Institute, 18.Nov.2024) — Petrobras will hold a webcast on 22 Nov. 2024 in the presence of the company’s Executive Board of Directors (BODs) […]
Petrobras Reiterates Details of 2025-2029 Business Plan
(Energy Analytics Institute, 18.Nov.2024) — Rio de Janeiro-based state oil giant Petrobras reiterated that the proposal for its 2025-2029 Business Plan was deliberated by its […]
Sheinbaum Proposes Reforestation Fund at G20 in Rio de Janeiro
(Energy Analytics Institute, 18.Nov.2024) — At the G20 Leaders Summit in Rio de Janeiro, Brazil, Mexico’s President Claudia Sheinbaum proposed establishing a fund to finance the […]
Petrobras and Yara Ink Deals for Technical Cooperation of ARLA 32
(Energy Analytics Institute, 18.Nov.2024) — Petróleo Brasileiro S.A. or Petrobras signed two agreements with Yara and Araucária Nitrogenados S.A. (ANSA) in a next step towards […]
Petrobras Commences Commercial Operations UPGN in Rio de Janeiro
(Energy Analytics Institute, 11.Nov.2024) — Petróleo Brasileiro S.A. (Petrobras) said the Natural Gas Processing Unit (UPGN), located at the Boaventura Energy Complex (Itaboraí, RJ) commenced commercial […]
Petrobras Starts Commercial Operation of Boaventura Energy Complex’s NGPU
(Petrobras, 11.Nov.2024) — Since 10 Nov. 2024, the Natural Gas Processing Unit (NGPU), situated at the Boaventura Energy Complex (Itaboraí, RJ), has been commercially operating […]
Petrobras Comments on Shareholder Remuneration
(Petrobras, 7.Nov.2024) — Petrobras informs that its Board of Directors (CA), in a meeting held today, approved the payment of interim dividends in the amount […]
Petrobras Reveals 3Q:24 Financial Performance (PDF Download)
(Petrobras, 7.Nov.2024) — Petrobras Chief Financial and Investor Relations Officer Fernando Melgarejo commented on the Brazilian company’s financial performance in the third-quarter 2024. “In this […]
Petrobras Ends Petrobras Biocombustível (PBio) Divestment Project
(Energy Analytics Institute, 6.Nov.2024) — Petrobras‘ Executive Board approved the end of the divestment project of its wholly-owned subsidiary Petrobras Biocombustível S.A. (PBio), which will […]
Petrobras Reveals 3Q:24 Webcast Schedule
(Energy Analytics Institute, 5.Nov.2024) — Petrobras has rescheduled for 2 p.m. the webcast to be held on 8 Nov. 2024 to present the company’s third-quarter […]
Petrobras Responds to Rumors about Dividends, Strategic Plan
(Energy Analytics Institute, 1.Nov.2024) — Rio de Janeiro-based Petrobras, responding to news published in the Brazilian media about the payment of extraordinary dividends and about […]
Petrobras 3Q:24 Hydrocarbon Production in Two Charts
(Energy Analytics Institute, 31.Oct.2024) — Brazil’s state-owned Petrobras reported total hydrocarbon production of 2,689 Mboe/d in the third quarter 2024 (3Q:24), down 0.8% sequentially compared […]
EAI’s NRGBriefs Oct. 2024: GranMorgu, Uchuva gas potential offshore Colombia
HOUSTON, TEXAS (Energy Analytics Institute, 31.Oct.2024) — Energy briefs as well as others related to finance and projects during Oct. 2024 including TotalEnergies and APA […]
Mero 3 FPSO Starts Production in Libra Pre-salt Offshore Brazil
(Energy Analytics Institute, 30.Oct.2024) — Brazil’s state-owned Petrobras announced that on 30 Oct. 2024 the Marechal Duque de Caxias platform ship (Mero 3) has started […]
Petrobras Updates on Collective Action Judgement in the Netherlands
(Petrobras, 30.Oct.2024) — Petrobras, further to the Announcements to the Market of 29 Jan. 2020, 27 May 2021 and 26 Jul. 2023, hereby informs that […]
Petrobras Reports 3Q:24 Output of 2.7 MMboe/d (PDF Download)
(Petrobras, 28.Oct.2024) — In 3Q:24, Petrobras‘ total production of oil, NGL and natural gas reached 2,689 Mboed, in line with 2QÑ24. The highlights were the […]
Baker Hughes to Supply Petrobras with Flexible Pipe Systems
(Baker Hughes, 28.Oct.2024) — Baker Hughes announced significant contracts with Petrobras to provide 77 km of flexible pipe systems to be deployed in Brazil’s pre-salt […]
Baker Hughes to Supply Petrobras with Flexible Pipe Systems
(Energy Analytics Institute, 28.Oct.2024) — Baker Hughes signed significant contracts with Brazil’s state-owned Petrobras to provide 77 km of flexible pipe systems to be deployed […]
LatAm NRG Matters: Highlights, Heard for the Week Ended 25 Oct. 2024
(Energy Analytics Institute, 25.Oct.2024) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 25 Oct. 2024. —Argentina: Oil production reached […]
Petrobras Updates on Nitrogen Fertilizer Project
(Petrobras, 25.Oct.2024) — Petrobras‘ Board of Directors decided to continue implementing the Nitrogen Fertilizer Unit (UFN-III), located in Três Lagoas (MS). The decision is based […]
Clariant Recognized by Petrobras with Suppliers Award for Health and Wellness
(Clariant, 24.Oct.2024) — Clariant Oil Services, a producer and supplier of specialty oilfield production chemicals and services to the oil and gas industry, was honored […]
Petrobras to Invest BRL60mn in BRAVO Buoy’s Phase Two
(Petrobras, 24.Oct.2024) — Petrobras will invest BRL 60mn in a new sea wind testing and measuring phase by releasing new BRAVO buoy units to collect, […]
Petrobras Reveals 3Q:24 Results Details
(Energy Analytics Institute, 21.Oct.2024) — Petrobras will release its 3Q:24 Production and Sales Report on 28 Oct. 2024 and its 3Q:24 Financial Performance Report on […]
SLB Reports Rise in LatAm Revenues in 3Q:24 [PDF Downloads]
(Energy Analytics Institute, 18.Oct.2024) — SLB announced that its revenue in Latin America reached $1.69bn in the third-quarter 2024, down 3% sequentially, reflecting lower production […]
TotalEnergies Divests Fuel Distribution Activities in Brazil
(Energy Analytics Institute, 18.Oct.2024) — France’s TotalEnergies inked an agreement to divest its fuel distribution activities in Brazil to the Brazilian company SIM Distribuidora. The […]
CNOOC Inks 4 Contracts for Blocks Offshore Brazil
(Energy Analytics Institute, 17.Oct.2024) — CNOOC Limited’s wholly owned subsidiary, CNOOC Petroleum Brasil Ltda, entered into 4 Concession Contracts for exploration blocks offshore Brazil with the Brazilian […]
FPSO Maria Quitéria Starts Operating in Campos Basin
(Petrobras, 15.Oct.2024) — The Maria Quitéria platform ship produced its first oil on 15 Oct. 2024 in the Jubarte field, pre-salt in the Espírito Santo […]
Petrobras Inks 3 Concession Pelotas Basin Contracts
(Energy Analytics Institute, 9.Oct.2024) — Petrobras signed the three remaining concession contracts from the 4th Permanent Concession Offer Cycle. The concessions were acquired in partnership […]
Petrobras Sets New Refinery Production Records
(Petrobras, 7.Oct.2024) — Petrobras reports that the Total Utilization Factor (FUT) of its refineries reached 96.8% in Sep. 2024, representing the highest monthly result in […]
LatAmNRG matters, highlights, heard: Argentina LNG, $7.3bn Amber-Citgo deal
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 4.Oct.2024, Words: 423) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 4 […]
Petrobras and Ternium to Supply Gas in the Rio de Janeiro Free Market
(Petrobras, 3.Oct.2024) — Petrobras and Ternium entered into a contract to supply natural gas in the free trading environment to the Ternium plant in Rio […]
Moody’s Raises Petrobras’ Outlook to Positive
(Energy Analytics Institute, 2.Oct.2024) — Moody‘s raised the outlook on Petrobras‘ ratings from stable to positive, Petrobras announced 2 Oct. 2024 in an official statement. […]
EAI’s NRGBriefs: Sep. 2024
(Energy Analytics Institute, 30.Sep.2024) — Energy briefs as well as others related to finance and projects during Sep. 2024 including Petrobras inking separate MOUs with […]
LatAm NRG Matters: Highlights, Heard
(Energy Analytics Institute, 27.Sep.2024) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 27 Sep. 2024. —Argentina: Petronas is rumored […]
Scala Data Centers Secures $500mn from Coatue and IMCO
(Scala Data Centers, 23.Sep.2024) — Scala Data Centers, the hyperscale sustainable data center platform in Latin America, is pleased to announce the successful completion of $500mn in structured financing. […]
Petrobras on Payment of Remuneration to Shareholders
(Petrobras, 20.Sep.2024) — Petrobras, following up on the Material Fact of 13 May 2024 and the Communication of 11 Jun. 2024, informs that will pay […]
Petrobras Awards TechnipFMC Subsea Contracts by for Brazil’s Pre-Salt Fields
(Energy Analytics Institute, 19.Sep.2024) — TechnipFMC has been awarded two subsea contracts by Brazil’s state-owned Petrobras for the pre-salt fields offshore the South American country. […]
Petrobras on Media Reports on Fuel Prices
(Energy Analytics Institute, 18.Sep.2024) — Petrobras downplayed claims in the media that it has decided to reduce fuel prices. “Any adjustments to the prices of its […]
Petrobras on Closing of Offering of Dollar-denominated Global Notes
(Petrobras, 16.Sep.2024) — Petrobras announced (i) the settlement of the international capital markets offering of US$1bn 6.000% Global Notes due 2035 (the “New Notes and […]
Petrobras Updates on Favorable Arbitration
(Petrobras, 12.Sep.2024) — Petrobras informs that a favorable final arbitration award has been handed down in one of the arbitrations taking place before B3’s Market Arbitration […]
Scala Data Centers and Rio Grande do Sul Govt Ink Infrastructure Deal
(Scala Data Centers, 11.Sept.2024) — The government of the Brazilian state of Rio Grande do Sul, through the Department of Economic Development (Sedec), and Scala Data […]
Petro-Victory Energy Inks MOU with Eneva in Brazil
(Energy Analytics Institute, 10.Sep.2024) — Petro-Victory Energy Corp. has entered into a Memorandum of Understanding (MOU) with Eneva for the development of Petro-Victory’s non-associated gas resources […]