Browsing Tag

blocks

Total Makes Fourth Discovery in Suriname

analuisaegues Jan 15, 2021

The drilling results in the neighboring country will be used to characterize the next exploration campaign, scheduled for 2021

Oil & Gas

Alvopetro Starts Recôncavo Production Testing

analuisaegues Jan 7, 2021

The company also said that it intends to finish the drilling work in 182-C1 and 183-B1 this month

Oil & Gas

PetroRio Approves Capital Increase

analuisaegues Jan 6, 2021

The company's board of directors also ratified the conversion of more than 1 million common shares during the meeting

Oil & Gas

BEHIND THE NEWS: Open Acreage Auction Was a Yawn

Claudia Siqueira Dec 7, 2020

The second permanent sales cycle guaranteed only half of the investments of the first round, which may force changes to the 2021 calendar

Oil & Gas

ANP Defines Date for the 17th Bid Round

analuisaegues Nov 27, 2020

The regulatory agency also reconfigured the areas of six new frontier blocks

Oil & Gas

Without a Field To Call its Own, Repsol Sinopec Shows up in the Pre-salt

Lais Carregosa Nov 23, 2020

Joint venture has stakes in nine assets in the Campos and Santos Basins and the fourth largest production volumes in the country

Oil & Gas

PetroRio Debuts in the Pre-salt

Felipe Salgado Nov 19, 2020

Brazilian company acquires BP's interests in blocks BM-C-30 (Wahoo) and BM-C-32 (Itaipu), located in the Campos Basin

Oil & Gas

Petronas Moves Ahead in Campos

Claudia Siqueira Nov 16, 2020

The Malaysian oil company prepares documentation to submit to Ibama

Oil & Gas

Equinor Transfers ES Operation to Petrobras

analuisaegues Nov 13, 2020

ANP approved the two remaining transfers of participation and operation to Petrobras

Oil & Gas

Geopark Defines Strategy for 2021

analuisaegues Nov 9, 2020

The oil company will focus its investments on blocks located in Colombia, where it is headquartered

Oil & Gas

ANP Cancels Greenconsult Contract

analuisaegues Oct 26, 2020

Company was disqualified from the SEAL-T-430 concession for not having settled its tax debts

Oil & Gas

Petrobras Drills in Deep Water in the Campos Basin

analuisaegues Oct 26, 2020

The activity is being carried out in a block taken in the ANP’s 14th Round

Older Posts

From the Media

Jan 19, 2021 - S&P Global

Brazilian oil company Petrobras' average gasoline price hike of 7.93% was not expected to increase the economic advantage of the biofuel E100 over the fossil fuel, market participants said. The state-led oil company announced the increase on Jan. 18, which will be implemented on Jan. 19 on an ex-refinery basis. More than 80% of light vehicles in Brazil are flex-fuel, which means that drivers can fill their tanks with E100 or gasoline. The fossil fuel in the country has a mandatory blend of 27% anhydrous ethanol. The fuel's choice is usually economically driven and consumers will generally fill their tanks with E100 only when its price is 70% or less than the gasoline price, because of hydrous ethanol's lower energy content.

Jan 19, 2021 - Renewables Now

Siemens Gamesa Renewable Energy SA will be the turbine supplier for the 434-MW first phase of Santo Agostinho wind complex in Brazil, Engie Brasil Energia SA announced. According to the local arm of France's Engie SA , the wind project requires an investment of about R$ 2.2 billion. With commercial operation set to take place by March 2023, the wind complex's output will be sold in the Brazilian free energy market, which closed 2019 with a volume of operations of R$ 134 billion, 6% up from 2018.

Jan 19, 2021 - World Economic Forum

Henry Ford in 1925 called ethanol “the fuel of the future.” Blending ethanol with gasoline substantially reduces the carbon content of the fuel. According to the US EPA, “the life-cycle emissions reductions in comparison to gasoline are about 20% for corn-based ethanol and 60% for sugarcane-based ethanol”. Cars manufactured post-2001 can easily accept a blend of 15% ethanol “without causing exceedances of air pollution standards.” Brazil, for example, accounts for 25% of the world’s ethanol production – and instead of corn, it produces ethanol from sugarcane. Ethanol sourced from sugarcane is the “cheapest source of ethanol” in the world. Brazil has experimented with “fuel flex” cars, which can be operated on any mixture of ethanol and gasoline, up to 100% ethanol.

Jan 19, 2021 - Light Reading

Huawei may be allowed to participate in the construction of Brazil's 5G networks after all, according to local reports. The newspaper Estado de S. Paulo said financial pressures and the imminent exit of President Trump from the White House are forcing President Jair Bolsonaro to backtrack on his opposition to the China-based vendor from bidding to provide 5G network equipment. Reuters noted that, like Trump, Bolsonaro believes that Huawei shares confidential data with China'’s Communist government, despite a lack of proof. Only last month, Reuters reported that Bolsonaro's government was looking for a legal way to exclude Huawei from 5G networks in Brazil.