(Petrobras, 24.Feb.2021) — Petrobras, following up on the release disclosed on 04/03/2018, signed today with SPE Miranga S.A., a wholly owned subsidiary of PetroRecôncavo S.A., a contract for the sale...
(Reuters, 22.Feb.2021) — Brazil’s oil sector regulator ANP does not see President Jair Bolsonaro’s appointment of a new Petrobras CEO altering the country’s policy of opening up the domestic refinery...
(Energy Analytics Institute, 2.Feb.2021) — Brazil’s production of both crude oil and natural gas reached 3.525 million barrels of oil equivalent per day (MMboe/d) in December 2020, according to Brazil’s...
(S&P Global, 31.Dec.2020) — Brazil needs to continue making important oil industry reforms in 2021 to remain as one of the world's top destinations for investments amid heated global competition...
(Petrobras, 23.Dec.2020) — Petrobras informs that it signed today with Petrorecôncavo S.A. a contract for the assignment of its entire stake in 12 onshore exploration and production fields, denominated Remanso...
(Energy Analytics Institute, 18.Dec.2020) — The ANP Board approved on 17 December 2020 a resolution to maintain temporary safety measures and protocols to deal with the emergency that has arisen...
(S&P Global Platts, 11.Dec.2020) — Brazil's National Energy Policy Council, or CNPE, dealt a sharp blow to the country's offshore exploration and production program by removing 32 high potential but...
(Petrobras, 11.Dec.2020) — Petrobras, following up on the release disclosed on 01/03/20, informs that it signed today with Energizzi Energias do Brasil Ltda a contract for the sale of its...
(Energy Analytics Institute, 12.Nov.2020) — Brazil’s National Petroleum, Natural Gas and Biofuels Agency (ANP by its Portuguese acronym) will hold its second permanent bid round where it will offer 14...
(Petrobras, 4.Nov.2020) — Petrobras has readjusted, on 1 November 2020, the sales prices of natural gas for distributors for the contracts started in January. The adjustments occurred according to parameters...
(Energy Analytics Institute, 7.Oct.2020) — The ANP Collegiate Board approved on 7 October 2020 the exceptional and temporary reduction of the mandatory mixture of biodiesel-to-diesel oil to 11% from 12%...
(Energy Analytics Institute, 7.Oct.2020) — An updated schedule for the 76th Biodiesel Auction has been published on the auction page on the website of Brazil’s National Agency of Petroleum, Natural...
(Karoon Energy, 5.Oct.2020) — Karoon Energy Ltd provided the market with the following update on the status of the Baúna asset acquisition: -- Remaining Conditions Precedent: As previously announced, transaction...
(Energy Analytics Institute, 30.Sep.2020) — Brazil’s combined production of crude oil and natural gas reached 3.927 million barrels of equivalent oil per day (MMboe/d) in August 2020, according to details...
(Petrobras, 28.Sep.2020) — Petrobras signed an agreement on 25 September 2020, under which Total E&P do Brasil LTDA will transfer to Petrobras the operatorship and working interest on the following...
(Petrobras, 18.Sep.2020) — Petrobras launched two programs aimed at preparing its refining and natural gas activities for an open, competitive market and to transition into a low carbon economy. Biorefino...
(Petrobras, 14.Sep.2020) — Petrobras reports on the revision of the Exploration & Production (E&P) segment portfolio in face of the crisis caused by COVID-19. The revision aims to maximize the...
(Petrobras, 8.Sep.2020) — Petrobras, following up on the release from 10 August 2020, informs the beginning of the binding phase regarding the sale of 50% to 100% of its stake,...
(Total, 7.Sep.2020) — Total notified its partners on 19 August 2020 about its resignation from its role of operator for five exploration blocks, located in the Foz do Amazonas Basin,...
(Petrobras, 10.Aug.2020) — Petrobras informs that it has started the opportunity disclosure stage (teaser), referring to the sale of 50% to 100% of its stake in the BM-S-51 concession with...
(Petrobras, 11.Jul.2020) — Petrobras informs that it has decided, preventively, to interrupt supplying a specific imported batch of aviation gasoline after tests carried out at its research center (Cenpes). The...
(Petrobras, 7.Jul.2020) — Petrobras informs that, after approval by the National Agency for Petroleum, Natural Gas and Biofuels (ANP), the Brazilian Institute for the Environment and Renewable Natural Resources (IBAMA)...
(Argus, 11.Jun.2020) — Brazil's state-owned pre-salt marketing firm PPSA took around 17pc of crude from three production-sharing contracts in April, according to monthly data published by the firm for the...
(Argus, 8.Jun.2020) — Brazil's state-controlled Petrobras exported a record 1.11mn t of fuel oil in May, marking a return to the company's focus on higher-margin fuel exports after the Covid-19...
(Reuters, 17.Apr.2020) — Brazilian state-run oil firm Petrobras plans to restart operations in the coming days at two ships used in offshore oil production that suffered coronavirus outbreaks, an executive...
(Reuters, 14.Apr.2020) — There have been 126 confirmed cases of the coronavirus among oil and gas workers in Brazil, including 74 people who were recently on offshore oil platforms, regulator...
(Argus, 7.Apr.2020) — Brazil's state-controlled Petrobras is projecting 2.07mn b/d of domestic oil production in April, down by 69,000 b/d from its last confirmed output level in February. The company...
(Argus, 1.Apr.2020) — Brazil's state-controlled Petrobras has doubled production cuts to 200,000 b/d in response to the oil price collapse. The expanded shut-ins are equivalent to just over 9pc of...
(Petrobras, 9.Mar.2020) — Petrobras signed an agreement with Eagle Exploração de Óleo e Gás Ltda. for the sale of 100% of its stakes in four onshore fields, located in the...
(S&P Global Platts, 10.Feb.2020) — A indefinite strike by oil workers in Brazil is dragging on despite local labor court rulings classifying the work action as politically motivated and ordering...
(Oilprice.com, 23.Jan.2020) — Brazil produced more than 1 billion barrels last year, the first time it has breached the 1-billion-barrel mark, Reuters reports, citing the country’s oil regulator, ANP. The...
(Reuters, 10.Jan.2020) — The Brazilian government authorized Bolivian oil and gas company YPFB to use the Gasbol pipeline to sell gas to other companies in Brazil beyond state-run oil firm...
(Petrobras, 27.Dec.2019) — Petrobras today made the final payments in the amount of R$ 34.191 billion (thirty four billion one hundred and ninety one million reais), referring to the bidding...
(S&P Global Platts, 23.Dec.2019) — Brazilian crude and natural gas production soared to a fresh record high in November as oil output topped 3 million b/d for the first time...
(Petrobras, 16.Dec.2019) — Petrobras started the opportunity disclosure stage (teaser), referring to the sale of its interest in the concession BM-P2, located in the Pelotas Basin, in the state of...
(Argus, 12.Nov.2019) — Bolivia's deepening political crisis is starting to take a toll on its vital hydrocarbons industry. YPFB, Bolivia's state-owned oil and natural gas company, warned Argentina it may...
(Reuters, Marianna Parraga, Gram Slattery and Marta Nogueira, 7.Nov.2019) — Major global oil firms snubbed a second Brazilian oil auction in a row on Thursday, passing up promising offshore blocks...
(Petrobras, 7.Nov.2019) — Petrobras reports that the consortium in which will be the operator, holding 80% of work interest, in partnership with CNODC Brasil Petróleo e Gás Ltda. has acquired...
(ANP, 7.Nov.2019) — The 6th Production Sharing Bidding Round, held today (November 7) by ANP, bid the block Aram in the Santos Basin. The Round raised R$ 5.05 billion in...
(WoodMac, 7.Nov.2019) — Speaking after this morning’s PSC round, Juliana Miguez, from Wood Mackenzie’s Latin America upstream team, said: “Petrobras has returned to the headlines. One day after it dominated...
(Bloomberg, Sabrina Valle, Peter Millard, and Luiza Ferraz, 6.Nov.2019) — Brazil’s largest-ever auction of oil deposits flopped, sending the real tumbling, after state-controlled Petroleo Brasileiro SA did most of the...
(ANP, 6.Nov.2019) — The Transfer of Rights Surplus Bidding Round, held today (November 6) by ANP, had two of the four areas on offer acquired (Búzios and Itapu), generating R$...
(WoodMac, 6.Nov.2019) — Brazil’s largest-ever auction of oil licences – the Transfer of Rights round – saw state-controlled Petrobras walk away with the biggest prizes, the Búzios and Itapu blocks....
(Reuters, Gram Slattery and Marta Nogueira, 5.Nov.2019) — As Brazil approaches the biggest oil auction in its history — and one of the world's most expensive ever — the field...
(Oilprice.com Julianne Geiger, 31.Oct.2019) — Exxon may not be interested in stepping up to the bidding plate at Brazil’s massive $50 billion transfer of rights auction next week, because the...
(Petrobras, 31.Oct.2019) — Petrobras in addition to the press release issued on October 23, 2019, reports that the signing of the Amendment to the Transfer of Rights Agreement was postponed...
(Oilprice.com, Julianne Geiger, 21.Oct.2019) — Brazil’s next oil auction, scheduled for November, may be the best one yet, raking in as much as $50 billion in auction proceeds, Bloomberg sources...
(Petrobras, 18.Oct.2019) — Petrobras informs that, within its ongoing process of contingencies assessment, it will provision R$ 3.2 billion as a result of: (i) litigation involving the company Sete Brasil,...
(OTC Brasil, 17.Oct.2019) — Organized by the Brazilian Petroleum, Gas and Biofuels Institute (IBP) and the Offshore Technology Conference (OTC), the 5th edition of OTC Brasil takes place 29–31 October...
(Reuters, Gram Slattery and Marta Nogueira, 16.Oct.2019) — Brazil’s Senate passed the main text of a bill defining the distribution of proceeds from a blockbuster auction of oil prospecting rights,...
(ANP, 11.Oct.2019) — Brazil’s Brazil’s National Agency of Petroleum, Natural Gas, and Biofuels (ANP) announced the dates for the next two bid rounds. The ANP’s bid round calendar includes two...
(QP, 10.Oct.2019) — Qatar Petroleum has won exploration rights in three offshore blocks in Brazil, as part of two bidding consortia. The winning bids were announced by Brazil’s National Agency...
(Petrobras, 10.Oct.2019) — Petrobras acquired one offshore block in the 16th ANP Bidding Round under the Concession Regime, held by the National Agency of Petroleum, Natural Gas and Biofuels (ANP)....
(Chevron, 10.Oct.2019) — Chevron Brasil welcomes the results of Brazil’s 16th Bid Round. We are pleased to be part of the following five successful consortia, including two as the operator: ...
(ANP, 10.Oct.2019) — The 16th Bidding Round collected R$ 8.9 billions in signature bonuses, a record value among the concession rounds already held in Brazil. The round will generate investments...
(Energy Analytics Institute, Aaron Simonsky, 2.Oct.2019) — Brazil’s National Petroleum Agency (ANP) plans to conduct two bid rounds in 2020 to offer areas containing billions of barrels of oil and...
(Petrobras, 30.Sep.2019) — Petrobras signed with the company Central Resources do Brasil Produção de Petróleo Ltda. contracts for the sale of all its stake in the onshore fields of Ponta...
(Bloomberg, Peter Millard and Kelly Gilblom, 30.Sep.2019) — It was supposed to be BP’s big Brazilian breakthrough after years of setbacks in one of the world’s top destinations for offshore...
(Reuters, 23.Sep.2019) — An oil production unit supporting the operations of Brazilian state-controlled oil firm Petroleo Brasileiro SA has been paralyzed since Sept. 19 due to regulatory issues, the operator,...
(Reuters, 2.Sep.2019) — Brazilian oil production increased to 2.77 million barrels per day (bpd) on average in July, up 7% from a year earlier, local oil and fuels regulator ANP...
(BW Offshore, 17.Aug.2019) — BW Offshore (BWO) announced The Brazilian National Agency of Petroleum, Natural Gas and Biofuels (ANP) has granted BW Offshore status as operator in Brazil and approved...
(The Rio Times, Richard Mann, 3.Aug.2019) — Oil production in the country dropped 6.4 percent from May to June after rising in the first months of the current year. According...
(Ecopetrol, 18.Jul.2019) — Ecopetrol S.A. said the Ministry of Mines and Energy of Brazil has authorized the transfer of a 10% stake in the Saturno block, located in the Santos...
(WoodMac, 6.Jun.2019) — After three highly competitive exploration bid rounds in 2018, momentum is building for Brazil's three-round licensing bonanza that starts later this year. While the PSC Round 6...
(Petrobras, 25.Apr.2019) — Petrobras informs that today it executed three sale and purchase agreements to sell assets in the total amount of US$ 10.3 billion (about R$ 40 billion). In...
(Petrobras, 29.Nov.2018) — Petrobras, following up on the release disclosed on October 29, 2018 informs that, due to the methodology established in the National Petroleum Agency (ANP) Resolution no. 743...
(Petrobras, 29.Oct.2018) — Petrobras, following up on the release disclosed on Sep. 28, 2018, informs that, due to the methodology determined in the National Petroleum Agency (ANP) Resolution nº 743,...
(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 in the National Petroleum Agency...
(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 by 0.59 percent after pump...
(Petro-Victory Energy Corp., 4.Sep.2018) — Petro-Victory Energy Corp. announced a $1.6 million acquisition of production and working interests in 4 oil fields, comprised of 12,850 gross acres, located within three...
(Argus Media, 30.Aug.2018) — Brazil's National Agency of Petroleum, Natural Gas and Biofuels (ANP) will start using prices published by leading global energy and commodities price reporting and news agency...
(TO&GY, 24.Aug.2018) — Offshore midstream company Golar LNG has started the process to acquire an environmental permit for its Terminal Gas Sul (TGS) project in the Brazilian state of Santa...
(Petrobras, 3.Aug.2018) – Petrobras reported net income of R$ 17 billion in the first half of 2018. The positive result was mainly influenced by the increase in international oil prices,...
(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. *** https://youtu.be/vhJz0bRfDYQ
(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 during a debate hosted by...
