Browsing Tag

Upstream

Oil & Gas

US$ 415 B in Investment for E&P over the next ten years

Claudia Siqueira Jan 11, 2021

The Minister of Mines and Energy revealed the forecast at the inauguration ceremony for the new director general of ANP

Oil & Gas

Shell Defines Upstream Strategy

analuisaegues Oct 30, 2020

Brazil is listed as one of the nine regions where the oil major intends to operate in the upstream

Oil & Gas

Petrobras: Homework Done

analuisaegues Jul 24, 2020

With a resilient upstream, Petrobras has gone through a critical period without a major surprise

Oil & Gas

PETROBRAS 1Q20 FINANCIALS: US$ 8.3 B Loss

João Montenegro May 15, 2020

The company wrote-off assets totaling US$ 13.4 B, leading to a non-recurring accounting impairment

Oil & Gas

Petrobras Production: Up almost 10%

Dário Silveira Oct 21, 2019

Oil company reported quarterly results of its upstream and downstream activities

Oil & Gas

Oil Reserves Rise Again In Brazil

João Montenegro Jul 4, 2019

The country now ranks 15th in the world, ending the year with 13.435 billion barrels

Oil & Gas

Petrobras Saves US$ 66 M with Enhanced Offload Management

analuisaegues Nov 8, 2018

An algorithm helps optimize planning, helping operational efficiencies and team integration

Oil & Gas

BP, Petrobras Reconfirm Strategic Alliance

[email protected] Apr 13, 2018

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

Oil & Gas

GlobalData: Brazil 2018-2020 Upstream Capex = US$ 18.2 B/Year

[email protected] Feb 9, 2018

Brasil Energy Newsroom An average capex of US$ 18.2 billion per year is forecast to be spent on 382 oil and gas fields in Brazil between 2018 and 2020, according to GlobalData, a leading data and analytics company. The consultants…

Oil & Gas

GlobalData Energy: Brazil’s Upstream Capex To Be US$ 54 B by 2020

[email protected] Jan 11, 2018

Brasil Energy Newsroom Research and consulting firm GlobalData said in a report it expects that an average capex of US$ 18.2 billion per year will be spent on 382 oil and gas fields in Brazil between 2018 and 2020. Capital expenditure…

Domestic Content At A Low Ebb

Redação Nov 7, 2014

Petrobras said the commitment to local content with the Brazilian federal government will not be compromised A survey conducted by a Brazilian equipment supplier indicates that 13 FPSOs with operations scheduled to begin…

Retroactive Waivers Denied

Redação Nov 7, 2014

In all, there were 37 cases, submitted between 2012 and 2014, for which waiver requests were submitted The Brazilian National Agency of Petroleum, Natural Gas and Biofuels (ANP) has signaled that it will not…

Older Posts

From the Media

Oct 20, 2021 - Reuters

Brazil's government, through its Investment Partnerships Program (PPI), gave the green light on Tuesday for the privatization of Latin America's largest utility Eletrobras by floating shares to dilute the state's 61% shareholding.

Oct 20, 2021 - Bloomberg

Guyana will likely become one of South America’s top oil producers over the next four years, but the world’s newest petrostate increasingly sees gas as the bedrock for growing its domestic economy. Work will begin on constructing a major gas-fired power plant in 2022 on the expectation that a 220-km pipeline will be built, according to Peter Ramsaroop, chief executive officer of GoInvest, a Guyana government agency that encourages foreign direct investment. Financing the project is still being worked out, he said. “The start date of laying the pipe is now being finalized, but the decision has already been made,” Ramsaroop said in an interview. “Guyana must have the gas and hydropower to be able to bring a competitive economy to the point where we can depend on our own energy to deliver our goods and services.”

Oct 20, 2021 - Brytfmonline

EDP - Energias de Portugal has announced the sale of a three-piece portfolio in Brazil with Actis Assessoria Investimentos for R$1,329 million, currently equivalent to about €210 million, according to the statement sent to the CVM (Securities Market Authority). The sale is made through EDP Brasil, which is 52.64% owned by EDP Portugal, and relates to a land area of approximately 439 square kilometers with annual revenue of R$131 million (€20.21 million). The Company also informs that execution of this transaction is pending applicable regulatory approvals.

Oct 20, 2021 - Folha de S. Paulo - English service

Signs of a slowdown in the Chinese economy in the third quarter is bad news for countries dependent on commodities such as Brazil. Although, given the size of China, global growth should be affected as a whole, the Brazilian economy will be one of the hardest hit, with the consolidation of a scenario of weaker performance in the Asian country in the coming years.

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