Browsing Tag

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…

Less Production

Redação Nov 7, 2014

Gran Tierra did not produce at full capacity in the third quarter due to technical problems at the Rlam refinery. According to the company, the refinery's problems limited its ability to take delivery of oil…

Only Three Proposals For Rigs

Redação Nov 7, 2014

According to Petrobras, the procedures for executing the rig sales are now being carried out Only three rigs – P-1, P-IV and PV – drew industry attention at an international auction for the sale of…

Older Posts

From the Media

Sep 30, 2020 - Argus

Brazilian biodiesel producers are vowing to meet demand for a 12pc blend in November and December, after a temporary reduction to 10pc lapses at the end of October. Total diesel demand is expected to reach 9.4 B liters (969,249 b/d) in the final two months of the year, up 3.3% from the same period of 2019, according to data compiled by biodiesel association Aprobio. Aprobio projects that biodiesel demand will reach 1.13 B over the same period under a 12% blend, which biodiesel producers say they can meet. But Aprobio added that ceiling prices for a procurement auction for the last two months of the year should reflect current feedstock prices. The association previously grumbled that biodiesel prices in the routine auctions did not adequately reflect production costs.

Sep 30, 2020 - Renewables Now

CGN Brasil Energia e Participações SA, the local branch of China's CGN Energy International Holdings Co Ltd, will add another 82.8 MW of capacity to the 195-MW Lagoa do Barro wind power complex. According to a company statement published by the National Wind Energy Association (ABEEolica), CGN will invest R$ 444 million (US$ 78.7 M) in the expansion. Construction works are set to begin in December of this year with commercial operation scheduled for December 2021. Contracted in the 2019 A-6 energy auction, the new addition will allow the wind complex to reach a production capacity of 366,000 MWh per year.

Sep 30, 2020 - EV Wind

The “strong wind” season in northeast Brazil has caused wind power production to set unprecedented production records in 2020. In the first week of August alone, the National Electric System Operator (ONS) recorded three peaks in the average power generation in the wind farm region. The most recent was on August 6, when wind turbines reached 9,049 MW on average. This capacity is enough to supply the equivalent of 94.4% of the electricity demand in the nine northeastern states, for example.

Sep 30, 2020 - Borgen Magazine

The concept of solving rural poverty with renewable energy seems odd on the surface. The issues plaguing renewable energy such as costs, efficiency and returns on investment make it virtually unsuitable for poor, rural environments. It is after all, in places like this where the opportunity for such bold initiatives hardly exists. However, in Brazil, where an abundance of renewable resources like hydropower and sugarcane (ethanol) generate electricity every day, the country is optimistic about solving one issue with the other.A typical issue facing impoverished communities, like those in Brazil, is that households have little to no access to electricity. These villages are undeveloped and off the national grid; their countryside location would make centralized electricity costly and yet these families make far less money than do typical, urban households.