(Petrobras, 3.Feb.2022) — Petrobras expressed to the National Energy Policy Council (CNPE) the interest in the right of first refusal in blocks to be bid in the Permanent Offer System, under the Production Sharing Agreement, pursuant to Law 12,351/2010 and Federal Decree 9,041/2017. The company’s Executive Board approved the expression […]
Tag: National Council for Energy Policy (CNPE)
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 […]
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 […]
Brazil Market Reform Unlocks Investments
(WoodMac, 6.Aug.2019) — Brazil’s natural gas market reforms have taken a major step forward, with plans in place which are set to open up opportunities across the gas value chain, and boost investment in the country’s pre-salt. Last month, the National Council for Energy Policy (CNPE) unveiled its roadmap for […]