![Brazil’s Oil Production Rose 2.7% in November [PDF Download]](https://energy-analytics-institute.org/wp-content/uploads/2020/04/anp-brasil-oil.jpg)
(Energy Analytics Institute, 3.Jan.2022) — Brazil’s national production of crude oil and natural gas totaled 3,711 million barrels of oil equivalent per day (MMboe/d) in November 2021, comprised of 2,852 million barrels per day (MMb/d) of oil and 137 million cubic meters (MMm3/d) of gas. Brazil’s oil production in November […]
Tag: ANP
Petrobras Submits Development Plan for Tupi and Iracema
(Petrobras, 22.Dec.2021) — Petrobras, as the operator of the Tupi Field, submitted to the National Petroleum, Natural Gas and Biofuel Agency (ANP), the review of the Integrated Development Plan (PD) of the Shared Deposit of Tupi and the Iracema Area. In this revision, the Tupi Consortium proposes new investments to […]
Petrobras Comments on Divestment of Paraná Basin Assets
(Petrobras, 20.Dec.2021) — Petrobras, following up on the release disclosed on 08/03/2021, informs that it signed with Ubuntu Engenharia e Serviços Ltda a contract for the sale of its total stake in the concession PAR-T-198_R12, located onshore, in the Paraná Basin. The total value of the transaction is $31 thousand […]
TotalEnergies and Shell Stand Out in Brazilian Oil Auction
(Bloomberg, 17.Dec.2021) — European supermajors TotalEnergies SE and Royal Dutch Shell Plc will join Brazil’s state-controlled oil giant at two key fields, marking the latest expansion in Latin America’s largest crude producer and an important victory for President Jair Bolsonaro. TotalEnergies won stakes in both of the deepwater fields on offer Friday, […]
ANP Reveals Result of 2nd Bid Round for TOR Surplus
(Petrobras, 17.Dec.2021) — Petrobras acquired the exploration and production rights of the volumes exceeding those of the Transfer of Rights in the Atapu and Sepia offshore fields in the 2nd Bidding Round for the Transfer of Rights surplus under the Production Sharing Regime, held today, by the National Agency of […]
LatAm Oil Auctions Kick Off After Two-year Lull
(Reuters, 16.Dec.2021) – Latin America’s oil frontiers are back in the spotlight with auctions coming up in Brazil, Guyana and the Andean region that are expected to attract bids from major oil firms despite a global call to end fossil fuel development. Brazil is set to receive bids on Friday […]
Petrobras Expands On ANP Agreement
(Petrobras, 22.Oct.2021) — Petrobras informs that, on 14 October 2021, its Executive Board analyzed and approved the submission to the Board of Directors of a proposal to enter into an Agreement between Petrobras and the National Agency of Petroleum, Natural Gas and Biofuels (ANP) related to royalties on the operation of the Shale Industrialization Unit (SIX), located in SĂŁo Mateus do Sul/PR. The terms of the agreement were approved by the ANP’s collegiate board […]
NRGBriefs: ANH Eyes 17th Bid Round
(Energy Analytics Institute, 6.Oct.2021) — Energy briefs including Brazil’s ANP holding its 17th bid round; Ecuador’s oil production holding steady; Panama’s Generadora GatĂşn natural gas power plant expecting to start providing electricity in 2024; and more. LATIN AMERICA AND CARIBBEAN Brazil — Brazil’s ANP will hold its 17th Round of […]
Petrobras On Expression Of Interest In BĂşzios Field
(Petrobras, 29.Sep.2021) — Petrobras, following up the release disclosed on 24 August 2021, informs that the partner CNOOC Petroleum Brasil Ltda. expressed interest in exercising the option to purchase an additional share of 5% in the Production Sharing Contract of the Transfer of Rights Surplus, for the BĂşzios field, in […]
Brazil Gas Disputes Rise As Open Market Nears
(Argus, 27.Sep.2021) — Tensions are mounting in Brazil’s natural gas industry among players eager to maintain their positions or broaden their stakes as the country’s gas market prepares to open up in January. Disputes in the new Brazilian gas sector are on the rise and may well end up in […]
Brazil Gas Disputes Rise As Open Market Nears
(Argus, 27.Sep.2021) — Tensions are mounting in Brazil’s natural gas industry among players eager to maintain their positions or broaden their stakes as the country’s gas market prepares to open up in January. Disputes in the new Brazilian gas sector are on the rise and may well end up in […]
ANP Publishes Production Related Resolution
(Energy Analytics Institute, 24.Sep.2021) — Brazil’s oil regulator ANP published on 24 September 2021 Resolution No. 852/2021, which regulates activities related to the production of oil products and natural gas, as well as their storage, sell, and provision of services. The resolution will take effect on 1 October. The objective […]
NRGBriefs: ANP Resolution, Ramirez Extradition Request
(Energy Analytics Institute, 23.Sep.2021) — Energy briefs from the LAC region including: Brazil’s ANP approving a resolution to regulate a reduction in royalties, a court in Rome rejects Nicolas Maduro’s request to extradite former PDVSA head Rafael Ramirez, and the BODs of APA Corp. declaring a regular cash dividend. LATIN […]
Brazil Jan-Jul Gas Imports Top 2020 Levels
(Argus, 1.Sep.2021) — Brazil’s natural gas imports in January-July reached a total of 8.7bn mÂł (310 Bcf), already reaching above the full-year total for 2020 of 7.8bn mÂł, according to oil and gas regulator ANP. Imports so far this year are equivalent to 37mn mÂł/d and include gas from neighboring […]
Brazilian Gas Availability Up 4.5% In June
(Argus, 19.Jul.2021) — The amount of Brazilian natural gas output offered to the market after flaring, loss and reinjection rose by 4.5pc in June from a year earlier and by 1.7pc from the prior month, to 58mn mÂł/d (2.04 Bcf/d). The increase is the result of a 5.6pc boost in […]
Vale Gets Permission To Import LNG
(S&P Global, 15.Jul.2021) — Brazilian multinational metals and mining company Vale has received permission from ANP, Brazil’s energy regulator, to import LNG for its own industrial uses. The company has been authorized to import 1.66 cu m of gas equivalent per day for use in heating the company’s industrial ovens, […]
ANP Authorizes To Import LNG
(Argus, 14.Jul.2021) — Brazil has authorized iron ore producer Vale to import LNG to serve its own heating demand. Brazilian oil and gas regulation agency (ANP) will allow Vale to import LNG equal to 1.66mn mÂł/d (58.6mn cf/d) of regasified fuel, to be supplied by any country, by sea transport. […]
Petrobras To Divest Papa-Terra Field
(Petrobras, 12.Jul.2021) — Petrobras, following up on the releases disclosed on 17 April 2020 and 24 November 2020, informs that it has signed with the company 3R Petroleum Offshore S.A. (3R Offshore) a contract for the sale of the totality of its participation in the Papa-Terra production field, located in […]
Petrobras Inks Deal For The 8th BĂşzios Unit
(Petrobras, 11.Jun.2021) — Petrobras signed a contract with the joint venture formed by Saipem and DSME in the amount of $2.3bn for the supply of P-79, the eighth unit to be installed in BĂşzios field, in the Santos Basin pre-salt area. With capacity to process 180,000 barrels of oil per […]
LatAm Briefs: Green Hydrogen In Chile, ANP’s Green Diesel Resolution
(Energy Analytics Institute, 13.May.2021) — Energy briefs from the Latin America and Caribbean region including: Chile approving a first green hydrogen project and Brazil’s National Agency of Petroleum, Natural Gas and Biofuels (ANP) approving a green diesel resolution. Chile Approves First Green Hydrogen Project Chile’s Environmental Commission for the Magallanes […]
Petrobras Divests Stake In Rabo Branco Field In Sergipe
(Petrobras, 10.May.2021) — Petrobras, following up on the release disclosed on 11 December 2020, signed with Petrom Produção de PetrĂłleo & Gás Ltda. a contract for the sale of its entire 50% stake in the onshore field of Rabo Branco, located in the Sergipe-Alagoas Basin, in the State of Sergipe. […]
LatAm Briefs: Petrobras Swears In CEO, Aker’s Mero 1 Project Update
(Energy Analytics Institute, 19.Apr.2021) — Energy briefs from the Latin America and Caribbean region including: Petrobras hosting an inauguration or swearing in ceremony for its new CEO Joaquim Silva e Luna and Aker Solutions in Brazil celebrating the last delivery marking the end of the Mero 1 project. Petrobras Hosts […]
Petrobras On Partial Return Of Libra Area
(Petrobras, 16.Apr.2021) — Petrobras informs that the consortium of Libra, constituted by Petrobras (40%), in partnership with Shell Brasil PetrĂłleo Ltda. (20%), Total E&P do Brasil Ltda. (20%), CNODC Brasil PetrĂłleo e Gás Ltda. (10%) and CNOOC Petroleum Brasil Ltda. (10%), having PrĂ©-Sal PetrĂłleo S.A. (PPSA) as contract manager, notified […]
Petrobras To Boost Natural Gas Price For Distributors
(Petrobras, 5.Apr.2021) — Petrobras informs that as of 1 May 2021, the natural gas sale prices for distributors will increase, by 39% in R$/m3, in relation to the last quarter. Measured in US$/MMBtu, the increase will be 32%. The variation results from the application of the supply contract formulas, which […]
Shell Updates On South American Assets In Annual Report
(Shell, 1.Apr.2021) — Shell provided details in its 2020 annual report related to its operations in South America from Argentina, Brazil and Bolivia. What follows is a summary from the report. South America Argentina We have more than 178 thousand net mineral acres in the Vaca Muerta Basin, a liquids- […]
Brazil’s 1P Reserves Decline In 2020
(Energy Analytics Institute, 31.Mar.2021) — Brazil’s crude oil and natural gas reserves fell in 2020 across 1P, 2P and 3P categories, according to details published by the country’s National Agency of Petroleum, Natural Gas and Biofuels (ANP by its Portuguese acronym). In 2020, Brazil’s proven 1P oil reserves were 11.89 […]
Petrobras Inks Deal For Sale Of Miranga Cluster
(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 PetroRecĂ´ncavo S.A., a contract for the sale of its total stake in nine onshore exploration and production fields, called Miranga Cluster, located in the state of Bahia. […]
ANP: Petrobras Shakeup Will Not Change Refinery Policy
(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 market to private investment, ANP director-general Rodolfo Saboia said on Monday. Shares in Petroleo Brasileiro SA, as the company is […]
Brazil’s Production Reaches 3.525 MMboe/d In Dec. 2020
(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 National Agency of Petroleum, Natural Gas and Biofuels (ANP) Total production in December 2020 was comprised of 2.726 million barrels […]
Brazil Eyes Oil Industry Reforms To Lure Investors
(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 and uncertainties about the coronavirus pandemic, according to government and industry officials. The efforts will come during a period of […]
Petrobras Inks Deal To Sell Onshore Fields In Bahia
(Petrobras, 23.Dec.2020) — Petrobras informs that it signed today with PetrorecĂ´ncavo S.A. a contract for the assignment of its entire stake in 12 onshore exploration and production fields, denominated Remanso Cluster, located in the state of Bahia. The sale value is $30mn, being (i) $4mn paid on the present date; […]
ANP Board Agrees To Maintain Covid-19 Protocols
(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 from the Covid-19 pandemic, the agency said in an official statement. The new regulation will establish deadlines and procedures to […]
Brazil Removes 32 Sensitive, Offshore Blocks From Round
(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 environmentally sensitive offshore blocks from the upcoming 17th bid round during the policymaking board’s Dec. 9 meeting. The removal of […]
Petrobras Inks Deal To Divest Onshore Sergipe Field
(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 entire stake in the onshore field of Rabo Branco, located in the Sergipe-Alagoas Basin, in the State of Sergipe. The […]
Brazil’s ANP To Hold 2nd Permanent Bid Round
(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 sectors from exploratory blocks in nine basins (Santos, EspĂrito Santo, Campos, Paraná, Amazonas, RecĂ´ncavo, Sergipe-Alagoas, Potiguar and Tucano) as well […]
Petrobras Cuts Natural Gas Price For Distributors
(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 negotiated in contractual formulas, due to variations in Brent oil prices and the Real/Dollar exchange rate in the last quarter. […]
ANP To Temporary Reduce Biodiesel Mixture To 11%
(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% in the months of November and December 2020. The measure is necessary to continue with national supply, since biodiesel supply […]
Brazil Updates Biodiesel Auction Details
(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 Gas and Biofuels (ANP by its Portuguese acronym), the regulator announced 7 October 2020 in an official statement. RELATED STORY: […]
Karoon Provides Update On BaĂşna Acquisition
(Karoon Energy, 5.Oct.2020) — Karoon Energy Ltd provided the market with the following update on the status of the BaĂşna asset acquisition: — Remaining Conditions Precedent: As previously announced, transaction completion is subject to certain remaining conditions precedent under the Sale and Purchase Agreement (the SPA), including the following key […]
Brazil’s Output Reaches 3.927 MMboe/d In August 2020
(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 provided by oil sector regulator National Agency of Petroleum, Natural Gas and Biofuels (ANP). Oil production reached 3.087 million barrels […]
Petrobras Grabs Assets From Total E&P do Brasil LTDA
(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 exploration blocks FZA-M-57, FZA-M-86, FZA-M-88, FZA-M125 e FZA-M-127 located in ultra-deep waters, approximately 120 km from Amapá state, in an […]
Petrobras Prepares For Competitive Markets
(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 2030 forecasts projects for the generation of new, more modern and sustainable fuel, different than the current ones, such as […]
Petrobras Cuts E&P CAPEX To $40-$50bn From $64bn
(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 value of the E&P portfolio, focusing on world-class assets in deep and ultra-deep waters. The portfolio revision is in line […]
Petrobras On Binding Phase For Santos Basin Assets
(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, with the passing of the operation, in the BM-S-51 concession, in the Santos Basin. The concession is located at water […]
Total Resigns Operator Role In Foz Do Amazonas Basin
(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, 120 kilometers offshore Brazil. These exploration blocks are referenced as FZA-M-57, FZA-M-86, FZA-M-88, FZA-M-125 and FZA-M-127. Total has informed the […]
Petrobras Releases Santos Basin Teaser
(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 hand-over the operation, located in the Santos Basin, in the pre-salt polygon. The concession is located at water depths ranging […]
Petrobras On Measures In Aviation Gasoline
(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 company identified that this batch had a different aromatic content compounds than the batches imported until then, although in accordance […]
Petrobras Decommissions P-12 Platform
(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) and the Navy, it started decommissioning the P-12 platform in the Campos Basin. Decommissioning of P-07 and P-15 in the […]
Brazil’s PPSA Issues Pre-salt Oil Share Data
(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 first time. The company’s share of the 56,000 b/d of gross pre-salt production from the Mero, Etorno de Sapinhoa and […]
Petrobras Hits New Fuel Oil Export Record
(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 pandemic scuttled the firm’s plans earlier in the year. Volumes exported in May were up 10pc compared with the previous […]