Browsing Category

Oil & Gas

Repetro Tax Rate Cut for E&P

The National Finance Policy Council (Confaz) published the new text of Convention 130, which authorizes states to reduce the ICMS tax rate on the import or domestic purchases of permanent assets…

Seismic Market: Recovery Continues

The rise in data acquisition campaigns in Brazil is noteworthy in the midst of the global downturn in O&G exploration activities. The National Petroleum Agency (ANP) authorized a total of 19…

Transfer of Rights Interministerial WG Created

The government Wednesday (January 17) published an order creating the Interministerial Commission on Mines and Energy, Finance and Planning, Development and Management, which will be responsible for…

Campos In Free Fall…

Petrobras reported production of 1.223 million barrels per day(b/d) from the Campos Basin in 2017, down 9.9% from 2016 and the worst result in the basin since 2004 (1.203 million b/d). The last annual…

Caburé Unitization Near

Alvopetro, Imetame and Orteng will have until March 13 to reach an agreement on the unification of the Caburé field in the Recôncavo Basin, according to a statement released by the Canadian company.…