Browsing Tag

onshore

Oil & Gas

ANP Approves Recôncavo Field Acquisition by Energizzi

Lais Carregosa Apr 16, 2021

Agency conditioned the assignment of 100% of the Santana field to the approval of financial guarantees and well reports

Oil & Gas

Cade Publishes the Sale of the Miranga Complex

analuisaegues Mar 31, 2021

The complex is in Bahia, operated by Petrobras, which is selling its stake to PetroReconcavo

Oil & Gas

Alvopetro: Gomo Reservoir May Be Three Times Larger Than Caburé

Lais Carregosa Mar 25, 2021

Gomo covers REC-T-197 and REC-T-183, located in the Recôncavo Basin

Oil & Gas

Maha Strikes Oil in Tiê

Lais Carregosa Mar 23, 2021

The company says it is too early to know if the discovery will have any impact on the volumes produced by the asset, located in the Recôncavo Basin

Oil & Gas

Bahia Terra Complex in Binding Phase

analuisaegues Mar 22, 2021

Divestment program includes 28 onshore production concessions located in the Recôncavo and Tucano basins

Oil & Gas

Cade Approves Acquisition of the Remanso Complex by PetroReconcavo

analuisaegues Mar 18, 2021

The transaction is still subject to ANP approval and the transfer, by Petrobras, of environmental licenses

Oil & Gas

Eneva Can Supply Azulão Gas to Free Consumers in AM

Lais Carregosa Mar 12, 2021

AM Legislative Assembly approved a legal framework for distribution and commercialization

Oil & Gas

ANP To Release All Onshore Seismic Data

analuisaegues Mar 12, 2021

More than 2 terabytes will be available free of charge as of May

Oil & Gas

Alvopetro Reports 21% Increase in 2P Reserves

Lais Carregosa Mar 10, 2021

The main reason for the uptick in reserves was the stratigraphic reservoir of Gomo, which covers the REC-T-183 and REC-T-197 blocks

Oil & Gas

New Eneva Field in Sight

analuisaegues Mar 1, 2021

The company presented a declaration of commerciality for the Fortuna accumulation, located in the PN-T-102A block

Oil & Gas

Cade Concerned with Verticalization in Remanso

Lais Carregosa Feb 23, 2021

Doubts lie in the participation of one of PetroRecôncavo's controlling shareholders, Perbrás, in the O&G onshore extraction market

Oil & Gas

INTERVIEW 3R: Chasing a Follow On

Claudia Siqueira Jan 21, 2021

Ricardo Savini, CEO of the oil company, details plans and challenges in the short- and medium-term

Older Posts

From the Media

Apr 16, 2021 - Reuters

A former chief executive of Braskem S.A., Brazil's largest petrochemicals company, pleaded guilty on Thursday to conspiracy charges in connection with an alleged bribery scheme that U.S. prosecutors said involved Braskem's parent Odebrecht S.A. The defendant, Jose Carlos Grubisich, entered his plea before U.S. District Judge Raymond Dearie in Brooklyn, New York.

Apr 16, 2021 - Yahoo Finance

New Fortress Energy Inc. announced that it has signed a Memorandum of Understanding with a subsidiary of Norsk Hydro to supply natural gas to the Alunorte Alumina Refinery in Pará, Brazil for a term of 15 years. "We look forward to this long-term partnership and are pleased to assist Hydro with the transition of the Alunorte refinery to utilizing a cleaner and more affordable supply of energy," said Wes Edens, Chairman and CEO of New Fortress Energy. Hydro is converting the calcination process and part of the steam generation at the Alunorte Alumina Refinery from fuel oil to natural gas, which is expected to reduce emissions by approximately 20%. NFE will deliver a minimum agreed amount of natural gas to the refinery from the company’s Barcarena LNG receiving and regasification terminal located in the state of Pará.

Apr 16, 2021 - IMF Blog

Growth in Latin America and the Caribbean recovered briskly in the second half of 2020, yet still more slowly than the global economy and other emerging markets. That’s despite unprecedented policy support, strong performance of trading partners, soaring commodity prices and accommodative global financial conditions. The persistence of the health crisis in many countries casts a shadow on the near-term outlook. People and economies continue to require a short-term shot to exit from the COVID-19 crisis, while the aggravation of several underlying structural fragilities poses significant long-term challenges.

Apr 16, 2021 - NRDC.Org

In the past several years, the United States has greatly increased its exports of liquefied natural gas (LNG) to other countries. One major importer of U.S. LNG is Brazil, a country grappling with a president and administration that are antithetical to climate progress. As the U.S. engages with Brazil to rein in its emission from deforestation, it should not in parallel be facilitating higher emissions in Brazil’s energy sector. Often championed as a “bridge fuel” to move away from “dirtier” fossil fuels, LNG has been touted as “cleaner” because just the combustion phase has lower carbon dioxide emissions than coal or oil. However, when LNG’s entire lifecycle is taken into account, LNG is neither clean nor particularly low in emissions.