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Downstream

Oil & Gas

Engineering Company Created with US$ 7.5 M in Orders

João Montenegro Apr 23, 2018

U.S. group MSHS acquires PP Engenharia aiming at Petrobras services on platforms, in refineries and thermals

Oil & Gas

BP, Petrobras Reconfirm Strategic Alliance

yolen@brasilenergia.com.br Apr 13, 2018

The two oil companies officialized the E&P cooperation agreement agreed to last year

Rnest Opening Delayed

Redação Nov 6, 2014

The contracts have created an imbalance in the refinery's accounts, with damages estimated at US$ 143 MM Brazil's Federal Court of Audit (TCU) has recommended the suspension of federal spending for…

Refineries Processing Down 3.7%

Redação Nov 6, 2014

The biggest drop occurred at Reduc (pictured), whose daily oil processing in September was down 25% compared to August Petrobras refineries processed 61.77 million barrels of oil in September, an average of…

Itaboraí-Guapimirim Gas Pipeline

Redação Oct 31, 2014

The pipeline will interconnect the UPGNs of the Comperj to the Guapimirim delivery station, which is connected to Gasduc III. Petrobras has contracted the capacity to transport natural gas through the…

ANP Approves Tanks For Rnest

Redação Oct 27, 2014

The ANP has authorized the pre-operation of three tanks for ballasting oil for the start of the first refining train at the Abreu e Lima Refinery (Rnest), in Pernambuco state. The tanks TQ-61007, TQ-61009 and TQ-61010…

104 MM M³/day Gas Consumed

Redação Oct 23, 2014

The average for the year is 99.2, up from 89.6 MM m³/day observed throughout 2013 Consumption of natural gas in August stood at 104.82 million cubic meters per day, the highest amount recorded this…

Premium I: Proposals In December

Redação Oct 15, 2014

The winner of the bid, in addition to designing and building the facility, will be responsible for process water Petrobras has scheduled December 10 as the date for submission of bids for construction and…

300 Km Pipeline

Redação Sep 26, 2014

The distribution gas pipeline will be run approximately 300 km and is 10 inches in diameter. Bahiagás on Thursday (September 25) initiated the bidding process for construction of what can be considered the largest…

UTC Compresses Natural Gas

Redação Sep 24, 2014

The UTC received authorization to operate a natural gas compression unit for well 3-AURI-23- RN, in the Periquito field in the Potiguar Basin. The Brazilian National Agency of Petroleum, Natural Gas and Biofuels (ANP)'s decision was…

Chariot To Hire Seismic Work

Redação Sep 4, 2014

Chariot has kicked off preparations for the exploitation of four blocks contracted in the 11th Bidding Round in the Barreirinhas Basin, and plans to start a 3D seismic survey next year. According to the manager of Exploration for the…

Deal Extended

Redação Sep 1, 2014

Braskem and Petrobras have added a new clause to the contract for the supply of petrochemical naphtha that will remain in effect until February 2015. The terms of the current contract will remain in force and the price will be adjusted…

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From the Media

Apr 23, 2018 - Alterenergymag

For the first time in history, the production cost of renewables is lower than that of fossil fuels, Kaiserwetter, a leader in renewable energy asset management, can today reveal. Fossil fuels presented costs between US$ 49 and US$ 174 per MWh in the G20 countries during 2017, while renewable energy projects were between US$ 35 and US$ 54. The latest photovoltaic energy auctions in Dubai, Mexico, Chile, Abu Dhabi or Saudi Arabia, and onshore wind energy in Brazil, Canada, India or Morocco in 2017 suggests that the standard cost of energy can be reduced to US$ 30 per MWh from 2018. However, onshore wind energy has already achieved similar costs in projects across Brazil, Canada, Germany, India, Mexico and Morocco, already reaching US$ 30 MWh.

Apr 23, 2018 - Reuters

Brazil’s power company Neoenergia on Friday raised its takeover bid for power distribution company Eletropaulo Metropolitana SA) from 25.51 reais to 29.40 reais per share, according to a securities filing. Neoenergia, which is controlled by Spanish company Iberdrola, is competing with Italy’s Enel) for a controlling stake in Eletropaulo, Brazil’s largest power distribution firm. Enel had raised its offer on April 19 to 28 reais per share plus a cash injection of 1.5 billion reais to be made after the acquisition.

Apr 23, 2018 - Bloomberg

Mario Abdo Benitez, a former senator from the ruling Colorado Party, won Sunday’s presidential election in Paraguay, in a surprisingly narrow victory over the opposition candidate. Abdo Benitez, 46, whose father was the secretary of long-ruling dictator Alfredo Stroessner, had 46.4 percent of the vote, with almost 100 percent of voting stations counted, according to preliminary results from the electoral court. Former public works minister Efrain Alegre trailed with 42.7% of votes.

Apr 23, 2018 - Oilprice

After being caught up in major corruption scandals and suffering from what some have claimed was its worst economic downturn in 100-years, Brazil has pulled itself back from the brink. The economy commenced growing again in 2017 with gross domestic product (GDP) expanding by 1 percent and 2018 GDP growth forecast by the International Monetary Fund (IMF) to be 2.3%. One of the key drivers of Brazil’s improving economic outlook are Brasilia’s plans to launch what could become the biggest oil boom in Latin American history. You see, Brazil possesses what is rated as being among the top offshore oil assets globally, the massive pre-salt oil fields located in the Atlantic Ocean on the Latin nation’s continental shelf.