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(TN) ANP released the Monthly Oil and Natural Gas Production Bulletin for August 2023, which provides consolidated data on national production. Total production (oil + natural gas) was 4.392 million barrels of oil equivalent per day (MMboe/d). Regarding oil, 3.462 million barrels per day (MMbbl/d) were extracted, a reduction of 1.4% compared to the previous... Continue Reading →
(epbr) The Pelotas Basin is one of the areas that Petrobras is evaluating in the permanent offer from the National Petroleum Agency (ANP). The basin is located in the south of the country, on the border with Uruguay, where discoveries were made in deep waters in the last decade. Petrobras does not yet have any... Continue Reading →
(Reuters) Brazilian state-run oil group Petrobras plans to invest around $300 million to drill two exploratory wells in the deep waters of the Potiguar Basin after environmental licenses were issued last week, a top executive said in an interview. The license granted by environment agency Ibama on Friday was the first since 2013 for Petrobras... Continue Reading →
(Reuters) - A new platform for power deals in Brazil will launch next year, its backers announced on Tuesday, marking the first such energy exchange in Latin America's biggest economy and an attempt to boost trading of energy financial products in the country. Named N5X, the new exchange is a joint venture between the L4... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that it received, on Monday (10/02/2023), confirmation of the environmental license from Ibama to drill two exploratory wells in the maritime block BM-POT-17, in deep waters of the Potiguar Basin, on the Brazilian Equatorial Margin. The first well will be drilled 52 km off the coast. Drilling is scheduled... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, in relation to media reports on the existence of reserves of 5.6 billion barrels of oil in blocks of the equatorial margin in the Amazon region of Amapá, clarifies that the company does not inform or make public the volumetric potential in exploratory areas. As disclosed on 05/18/2023, Petrobras is... Continue Reading →
Petrobras assumed the position of the largest developer of wind projects in the country, in another fundamental step towards the energy transition. An advance that is due to the partnership with WEG, signed this month, to develop the largest onshore wind turbine in Brazil, with a potential of 7 MW – enough to supply a... Continue Reading →
(Reuters) Studies by Brazilian state-run oil company Petrobras show that a single oil block of Amapa's equatorial margin could total more than 5.6 billion barrels of oil, the country's mines and energy minister said on Friday. Alexandre Silveira's remarks come as the oil giant bids to drill a well at the mouth of the Amazon... Continue Reading →
(AB) The Ministry of Mines and Energy (MME) reported that the Brazilian Institute of the Environment and Renewable Natural Resources (Ibama) granted an environmental license for Petrobras to drill wells in the Potiguar Basin segment, off the coast of Rio Grande do Norte, on the Equatorial Margin. The license would refer to the research activity... Continue Reading →
The ANP Board approved the geological and economic studies of three exploratory blocks, located in the Santos Basin Pre-Salt, for possible inclusion in future rounds of bidding for areas for exploration and production of oil and natural gas . With approval by the ANP, the Amazonita, Safira Leste and Safira Oeste blocks will now be... Continue Reading →
Brazil Energy Insight 