Petrobras Says Investments Almost Doubled in 2023 According to the company, they reached US$ 21.4 billion, including direct investments and assets related to the leasing of production units
Halliburton: Scores Higher Latin American Revenues in 1Q24 They hit US$ 1.1 B, helped by increased activity in several product service lines in Brazil and activities in Ecuador, Mexico and Argentina
Tradener Imports Natural Gas from Bolivia The company will supply the fuel to a Brazilian customer on a three-day interruptible basis
FPSO Capixaba Sent to Danish Shipyard for Decommissioning The SBM Offshore unit will undergo a sustainable recycling process
EPE: Estimates 1.3% Growth in Fuel Demand in 2024 Federal energy research office estimates a growth of 1.3%, or 2 billion liters, this year in Brazil's demand for liquid fuels.
ANP Analyzes Annexation of Petrobras Recôncavo Areas The Cidade Entre Rios and Riacho Ouricuri fields operated by Petrobras have yet to present the respective development plans
Seatrium Wins P-84 and P-85 Contract for Sépia and Atapu Petrobras decided to award a single arrangement for the two fields in the Santos pre-salt basin
Transocean Rig Chartered by Petrobras Reaches Brazil The Deepwater Aquila (formerly West Aquila) rig will fulfill a three-year contract, scheduled to begin in June.
MME Defends Measures to Reduce Natural Gas Prices The objective is to boost the supply of gas at competitive prices
Legislative Front in Defense of the Equatorial Margin Launched The MME believes that exploration could provide a financial boost for investment and development
OceanPact Acquires 20% Stake in Atmosmarine Investment will enable Atmosmarine to offer new meteorological and oceanographic monitoring solutions to the oil and gas sector
BP Simplifies Organizational Structure, Changes Executive Team The aim is to reduce duplication and reporting complexity
Petrobras Will Be Tendering 31 Support Vessels Later This Year Local content is expected to be up to 70% but there will be no requirement for domestic procurement in the contract
Petrobras Sells Two Garoupa Fields to Perenco The transaction establishes the transfer of the oil company’s stake in the Cherne and Bagre fields in shallow waters of the Campos Basin
Mataripe Refinery Produces Record S-10 Diesel Amount The volume of less-polluting diesel produced, more than 300,000 m3, represents more than 70% of the refinery's total diesel production.
Light's Board Approves New Judicial Recovery Plan Among other measures, the text provides for full payment of creditors with claims of up to US$ 5,850 by May 2023
Hydroelectric Association: Gov’t Should Call SHPP Auction The organization regrets the minimal presence of hydroelectricity in the current expansion of the matrix, hopes for a change in guidelines
Honda: New Investment Cycle in Brazil US$ 810 M will be allocated to the introduction of hybrid vehicles and the supply chain for the models
Atiaia: Investing US$ 144 M in Two 78.2 MW Hydro Plants One of the plants, HPP Estrela, will be the group's first hydroelectric plant larger than an SHP; construction is scheduled to begin next January
J6 Energia Investing US$ 310 M in Solar and Hydro until 2029 Company plans to develop 70 MWp of solar and 95 MW of hydro projects; initiatives include inauguration of three distributed generation UFVs this week
KPMG: Green Mobility Program Can Speed up Decarbonization By allocating resources to R&D and sustainable production, companies can benefit from the financial credits
White Martins to Build São Paulo's First H2V Plant The plant is due to start operating in 2025, will supply hydrogen to Cebrace and other company clients in RJ and MG as well as the São Paulo market
MME: Highlights Sino-Brazilian Partnership in Energy Transition “The way we are stitching together all the initiatives certainly strengthens the energy transition agenda”
Santa Catarina Biomethane Plant Scheduled for 2025 The facility should produce 25,000 m³/d of renewable gas and treat 350 tons/day of waste
Distributor Renewal Decree Being Finalized The regulation is expected to be passed along to Pres. Lula in the next few days
Regulator Approves Electric Energy Chamber's Governance Makeover The main changes consist of a General Meeting, a Board of Directors, an Executive Board and a Supervisory Board
BV Tops Greener Ranking for Photovoltaic Financing Bank surpassed 48 other institutions in lines used for financing
Attorney General Approves HPP Porto Primavera Concession Renewal The company demonstrated the legality of 2018 consultation to improve the concession contract and its renewal
El Niño: Sobradinho Reservoir Replenished Meteorologist says the weather phenomenon has peaked, flooding less likely now
MME Permits Two New Companies To Import Energy from Venezuela Bolt Energy and Tradener now can offer service to isolated systems in the North