In addition to extending the production phase, the O&G regulator also authorized a reduction in the royalty rate
Entities that choose to receive the data must process it according to the ANP standards
Ministry worries that asset selloffs and changing shareholdings without valuing the asset base might affect the natural gas market
The project aims to combat adulteration and evasion and ensure full control of the distribution chain
The exploration of new frontiers, including the equatorial margin, will determine the growth of Brazil’s oil industry after 2030
Director Rodolfo Saboia emphasized the situation room will monitor possible effects on distribution logistics
In order to be approved for a new extension on POT-M-859, Petrobras and Shell will have to indicate whether or not they comply with the government participation established in the contracts signed with the ANP.
Former Senator Jean Paul Prates' proposal to integrate hydrogen production and distribution into the national economy now goes to the Infrastrucuture Committee (CI)
Rising barrel prices, Russian import cuts, currency devaluation and economic recovery form a 'perfect storm'.
Contract commences on January 1, 2024