Browsing Tag

natural gas

Oil & Gas

US$ 889 M Bid for Liquigás

Dário Silveira Nov 11, 2019

A group formed by Copagaz, Itaúsa and Nacional Gás Butano presented the best offer for the company

Oil & Gas

Petrobras Releases 50% of Pipeline Capacity

Chico Santos Oct 30, 2019

"Our interest is to market only the gas in our portfolio"

Natural Gas

Celba: LNG in the North Region Beginning In 2021

Carlos Vasconcellos Oct 24, 2019

The company is controlled by Golar and Evolution and plans to operate the Terminal four years before construction of the thermal plant in Pará

Natural Gas

Air Liquide Plans on 20% Gas Price Drop by 2020

Carlos Vasconcellos Oct 23, 2019

The French company is negotiating with suppliers and participates in TBG's public call to reduce the fuel costs

Power

A-6 Sells 1,155 MW-a

Lívia Neves Oct 21, 2019

With investments of US$ 2.7 billion, contracted projects have a capacity of 2,979 MW; from the total physical guarantee, 547 MW-a were not traded

Oil & Gas

BEHIND THE NEWS: Petrobras and YPFB Halt Negotiations

Claudia Siqueira Oct 18, 2019

Bolivia's presidential election creates uncertainty over natural gas import contract amendment

Natural Gas

Ambev and Scania Partnership for 100% LNG trucks

Rafael Fernandes Oct 17, 2019

Two vehicles will be integrated into the beverage company's operations and the supply will be made on a structured basis by Gás Local in Paulínia (SP)

Oil & Gas

SCGás To Observe TBG Call

Carlos Vasconcellos Oct 14, 2019

Distributor from Santa Catarina is authorized to participate but will just monitor

Oil & Gas

ANP Wants To Improve Gas Flaring Controls

Dário Silveira Oct 11, 2019

Motivated by changes in Brazilian production, agency initiated public hearings to revise the rules

Oil & Gas

Petrobras and Equinor Sign Partnership

Dário Silveira Oct 10, 2019

The agreement calls for joint projects to be developed to maximize downstream value

Natural Gas

CNG with Offshore Gas in RJ

Bruno Postiga Oct 3, 2019

According to state secretary Lucas Tristan, the goal is to promote fuel use in all possible areas.

Oil & Gas

Petrobras Accelerates Uruguay Exit

Claudia Siqueira Sep 30, 2019

Its stake in MontevideoGas to be sold within 60 days

Older Posts

From the Media

Nov 14, 2019 - Australia Financial Review

Karoon Energy finally has the funds to pay for its transformational Brazilian acquisition. The company and its brokers Macquarie Capital and RBC Capital Markets ruled off the $ 284 million equity raising on Thursday when they placed stock left over from the retail portion of a one-for-1.06 rights issue. Karoon Energy, run by Bob Hosking, has wrapped up a $ 284 million equity raising. It is understood sub-underwriters took $59 million of the $109 million retail entitlement offer, which will provide a juicy little win for those that took the risk. The sub-underwriting was at 93¢ while the stock last traded at $ 1.08. While it took Karoon a few roadshows and a few months to get its deal off the ground, it's a bullish sign for the Australian mid cap oil and gas sector.

Nov 14, 2019 - OilPrice.com

Big Oil will likely snub Brazil’s huge oil auctions next year, just as they did in this year’s highly anticipated bid rounds, because projects and prospects around the world are competing for the majors’ disciplined capital spending, the head of BP in Brazil told Valor Economico in an interview. Assets in other countries will be more attractive than Brazil’s resources, BP Energy Brazil’s president Adriano Bastos told Valor Economico.The foreign oil firms who stayed away from the two auctions last week will not “come back next year,” even if Brazil were to sweeten the offers for the companies, he said. Other projects in the world will enter the companies’ portfolios, reducing Big Oil’s spending capacity to invest in Brazil, BP’s manager said.

Nov 14, 2019 - BNAmericas

Research and development (R&D) funds filled with contributions from oil and gas producers will reach 20bn reais (US$4.5bn) over the next 10 years. They are expected to support investments in energy transition technologies. The president of oil institute IBP, Clarissa Lins, made this comment during an event organized by international relations think-tank Cebri in Rio de Janeiro city on Tuesday. ExxonMobil’s Brazil CEO, Carla Lacerda, said, "This is an opportunity to use pre-salt revenues, maybe even making modifications to the rules, to work on new technologies for the future. Some technologies take 15 or 20 years to gain commercial scale, so the moment to do that is now.”

Nov 14, 2019 - Renewables Now

Brazilian energy firm AES Tiete Energia SA announced on Monday it will form a joint venture (JV) with Unipar Carbocloro SA to develop a 155-MW wind project. The partners expect to begin construction work at a greenfield site in the cities of Tucano, Biritinga and Araciin the state of Bahia in 2021. The planned wind farm will require a total investment of about BRL 4 million (US$ 963 M) per MW installed. Unipar will enter into a 20-year power purchase agreement (PPA) with the JV to buy 60 average megawatts (MWa) from the wind park. That contract should come into force in 2023, according to the announcement.