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Petróleo Brasileiro S.A. – Petrobras, regarding the pieces of news published in the media, clarifies that as part of its BioRefining Program it is conducting new project studies to expand the production of Diesel R, Petrobras fuel produced by co-processing mineral diesel with vegetable oil, which contains a portion of green diesel (HVO), which may... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that the National Petroleum Agency (ANP) approved, on April 14, 2023, a proposal for an agreement between the ANP and Petrobras for the termination of the lawsuit and all pending issues involving the updating of the physical-chemical characteristics of the Jubarte Current and its impact on the recalculation of... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, announces that as of 05/01/23, according to the contracts agreed upon by the Company with the distributors, the updated natural gas sales prices will have an average reduction of 8.1% in R$/m³, in relation to the February-March-April quarter, considering the variation in the price of the molecule and its transportation... Continue Reading →
(Reuters) - Mubadala Capital backed-Acelen will invest 12 billion reais ($2.44 billion) over 10 years to make "green" diesel and jet fuel in Brazil, starting in 2026, in a move that will place the company among global leaders in this segment, executives told Reuters. The new biorefinery, which the energy company plans to begin building... Continue Reading →
The Board of the ANP approved geological and economic studies on the indication of the Jaspe block, located within the Pre-Salt Polygon, in the Campos Basin, for inclusion in future bidding rounds for areas for exploration and production of oil and natural gas. The block is a result of areas nominated by the industry. The... Continue Reading →
3R PETROLEUM ÓLEO E GÁS S.A. (“3R” or “Company”) (B3: RRRP3), following best practices in corporate governance, informs its investors and the market in general the preliminary unaudited production data for March 2023. (1) Refers to the 35% Interest held by 3R in Pescada Cluster concessions. (2) In March, approximately 55% of the gas produced... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the releases disclosed on 03/31/2023 and 03/14/2023, informs that it obtained, yesterday, on 04/12/2023, authorization from the Agência Nacional do Petróleo, Gás Natural e Biocombustíveis (ANP) to resume production from the facilities of the Fazenda Bálsamo field, continuing the clearance works at the Bahia Terra Cluster (Cluster).... Continue Reading →
(U) Australian independent Karoon Energy expects that production from its Bauna oilfield and the recently on stream Patola field offshore Brazil will remain suspended into May. Karoon and the fields’ floating production, storage and offloading vessel operator Altera & Ocyan are undertaking both essential and proactive work with the focus on the ongoing detailed inspection... Continue Reading →
With the addition of 115 new global offshore wind projects over the Last Twelve Months (LTM), Quest Floating Wind Energy (Q FWE) are actively tracking 752 projects (with statuses Under development, Pre-development, Planned and Possible) representing $2.2 trillion in CapEx, a $1.06 trillion year over year (YoY) gain. The Quest Offshore Wind Turbine Index (QOWTI),... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 02/23/2022, informs that the fulfillment of all precedent conditions has been concluded, regarding the transfer of its total interest (100%) in a set of 4 onshore production field concessions, with integrated facilities, located in the State of Espírito Santo - ES, jointly called... Continue Reading →
