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BEHIND THE NEWS: Why Coelho Filho Decided To Continue as Brazil’s Minister of Mines and Energy

Redação May 24, 2017

The Minister of Mines and Energy, Fernando Coelho Filho, decided to remain in Michel Temer’s administration, even after the PSB, his political party, decided to withdraw from the coalition and demand the resignation of the…

BRAZIL’S POLITICAL CRISIS: International press roundup

Redação May 22, 2017

THE ASSOCIATED PRESS: Brazilians around the country staged demonstrations Sunday calling for their president to step down after the supreme court opened an investigation into allegations he endorsed the payment of hush money to a jailed…

INTERNATIONAL PRESS ROUNDUP: Brazilian political crisis

Redação May 19, 2017

The swirling, tumultuous events of this week involving Pres. Temer and prominent lawmakers in corruption charges that are threatening the downfall of his government have been widely and prominently covered in the mainstream international…

14th Bid Round To Be Stricter

Redação Oct 17, 2016

The selection of the offshore areas under study for the National Petroleum Agency’s (ANP) 14th Bid Round scheduled for 2017 is stricter than that offered in the previous round, avoiding areas in the new frontier – offshore…

ANP Analyzes Waiver for Libra FPSO

Redação Sep 9, 2016

Experts from the National Petroleum Agency (ANP) have already begun working on a request by the Libra consortium for a waiver of the local content requirements for the FPSO for the field being put out to tender. The vessel will be…

PetroRio To Drill Two New Wells In Polvo

Redação Aug 12, 2016

PetroRio expects to drill up to two new wells in the Polvo field in the Campos Basin. The information was disclosed by Renato Jerusalmi, the oil company’s finance department manager during a conference call with investors today…

Operation License Requested

Redação Jun 2, 2016

Petrobras has requested an Operating License (OL) for the FPSO Cidade de Caraguatatuba. The vessel will be responsible for production in the Lapa field in the Santos Basin pre-salt area, with start-up scheduled for the second half of…

Cidade de Ilhabela Hits Capacity Peak

Redação May 5, 2016

The FSPO Cidade de Ilhabela, installed in the northern part of the Sapinhoá field in the Santos Basin pre-salt, reached peak capacity production in April, helping the area to hit an average production of 270,000 boepd. The…

Petrobras Charters Prosafe Flotel

Redação Aug 14, 2015

TheFloatel Safe Euros being buit in ChinaProsafe signed a US$ 164 million contract with Petrobras for a three-year charter of the Safe Eurus flotel, classified by the oil company as Maintenance and Security Unit (UMS). The…

From Water To Wind

Redação Dec 8, 2014

The country with enormously powerful hydroelectric power plants such as Itaipu (14,000 MW) and Tucuruí (8,370 MW) is now facing a totally unforeseen enemy: lack of water. After months of drought, the levels in the reservoirs worry…

Hotlines

Redação Dec 8, 2014

Ibama Ok’s FPSO Ilhabela Brazil’s environmental regulator, Ibama, has issued an operations license to Petrobras for the FPSO Cidade de Ilhabela, which has been cleared to begin production immediately in the Sapinhoá…

Hotlines

Redação Dec 8, 2014

The Most Productive Wind Farms With capacity factors ranging from 67% to 81%, in September the ten most productive wind farms were all located in Ceará state. The highest factor was recorded for Tractebel’s Trairí…

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From the Media

Dec 13, 2019 - Lusaka Times

Zambia’s Ambassador to Brazil, Dr. Alfreda Kansembe has held bilateral talks with Brazil’s Sugar, Ethanol and Energy companies in an effort to find partners to help establish the Biofuel industry in Zambia. In the Brazilian city of Pirajuba shortly after she toured Energy Plants, Dr. Kansembe was assured by her hosts, the Usina Santo Angelo company that prospects for business with Zambia were high due to the country’s attractive investment climate. Usina Santo Angelo Company Chief Executive, Jose Luiz Balardin urged Zambia to start producing sugar cane on a massive scale due to its economic benefits. The Brazilian company plans to visit Zambia in 2020 to kick-start prospects of investing in clean energy and generate business opportunities for Zambians.

Dec 13, 2019 - Renewables Now

Brazil's Ministry of Mines and Energy has recently announced the guidelines for a new energy auction to be held on May 28, 2020. Through a decree published in this week's Official Gazette, the government confirmed that the A-4 auction will contract hydro, wind, solar and biomass power. The winner will secure power purchase agreements (PPA) with a 30-year term for hydropower, and a 20-year term for wind, solar and biomass sources. The contracts will become effective on January 1, 2024.

Dec 13, 2019 - Offshore Oil and Gas Magazine

Rystad Energy expects total upstream investments next year to decrease by around 4%, with shale set to experience a steep decline. Deepwater, however, is set to grow by more than 5%. Regionally, Africa, Russia, and South America will either experience growth or a flattening of investments. In Africa, the strongest ‘performers’ could be Mozambique, Libya and Mauritania, while Brazil, thanks to the Marlim and Mero projects, will likely push growth in South America to almost 6%. The Middle East and Australia may also attract investors keen to support new LNG projects and the redevelopment of old oil fields.

Dec 13, 2019 - Reuters

Brazilian state development bank BNDES has informed Petrobras that it is considering selling up to all of the ordinary shares it holds in the state-run oil firm via a secondary offering, according to a securities filing on Friday.In the filing, Petroleo Brasileiro SA, as the firm is formally known, said that BNDES held nearly 10% of Petrobras ordinary shares as of Nov. 30. BNDES’ intention to reduce its stake in Petrobras is widely known. However, there has been debate at BNDES as to how it will go about reducing its stake.