Browsing Tag

News

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 China Prosafe 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…

Older Posts

From the Media

Oct 15, 2018 - Bloomberg

Brazil's Military Poised to Amass Power After Three-Decade Wait. Gen. Antonio Hamilton Mourao would be Brazil’s vice president. Gen. Augusto Heleno would be defense minister. And Gen. Oswald Ferreira is likely to run a new infrastructure ministry. If ex-Army Captain Jair Bolsonaro wins the runoff vote against the Workers’ Party’s Fernando Haddad on Oct. 28, he has promised to name as many as five generals to his cabinet, giving the security forces their biggest public role in decades. In addition, at least 38 former soldiers, police officers and firefighters rode the coattails of the former paratrooper to win election to congress Oct. 7. In 2014, only 14 veterans won.

Oct 15, 2018 - DevDiscourse

Brazilian far-right presidential front-runner Jair Bolsonaro’s top economic adviser said he favors selling off some of the power generation assets of utility company Eletrobras, raising new contradictions in the candidate's policy team. Shares of the company soared following the clear lead Bolsonaro took in Sunday's first-round vote, but then tumbled 13% on Wednesday when Bolsonaro said he would privatize transmission and distribution units but not generation. He previously promised to privatize some state-controlled companies. But in comments to reporters late on Friday, his economic guru Paulo Guedes gave a contradictory view, favoring selling Eletrobras generation rather than transmission assets.

Oct 15, 2018 - Renewables Now

Italy's Sebigas has been awarded a contract by Raizen-Geo to build a 17.5-MW biogas plant in Brazil. The facility, which according to Sebigas will be the largest biogas plant in the Americas, will be located in the city of Guariba in the state of Sao Paulo. It will be constructed near the second largest ethanol and sugar mill of Raizen, a company which is a joint venture between Brazil's Cosan SA Industria e Comercio and Royal Dutch Shell Plc. The plant will use vinasse, a by-product from ethanol production, to make biogas that will then be used to produce electricity, providing 17.5 MW of generation to the national grid.

Oct 15, 2018 - Seeking Alpha

France's Engie and Canadian pension fund Caisse de Depot et Placement du Quebec plan to offer as much as US$ 9B for Petrobras’s natural gas pipeline network, potentially US$ 1B more than their initial bid. Engie, whose initial US$ 8B bid including debt was the highest, is planning to raise its offer to ensure it prevails at a time when cheap credit is available to help finance the acquisition, according to the report. The 2,800-mile Transportadora Associada de Gas pipeline network spans 10 states in northeastern Brazil, and PBR wants to sell it as part of a wider push to sell US$ 21B in assets to reduce its debt; if completed, it would be the company’s biggest divestment ever.