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Petro Rio S.A. (“PRIO”) informs its shareholders and the market in general that it has entered into a memorandum of understanding (“MOU”) with Prisma Capital Ltda. (“Prisma”) for the potential business combination of Dommo Energia S.A. (“Dommo”) (B3: DMMO3) and PRIO (“Transaction”).As per the MOU, the Transaction will be implemented through the incorporation of the... Continue Reading →
(TN) Shell Brasil, Raízen, Hytron, University of São Paulo (USP) and SENAI CETIQT signed a cooperation agreement for the development of plants for the production of renewable hydrogen (H2) from ethanol. The partnership focuses on validating the technology through the construction of two plants sized to produce 5 kg/h of hydrogen and, later, the implementation... Continue Reading →
Neoenergia signed a memorandum of understanding (MoU) with the Government of Rio Grande do Sul for the development of green hydrogen and offshore wind generation. The company is developing studies for offshore wind generation on the coast of Rio Grande do Sul, the Águas Claras park. The agreement was signed in the municipality of Esteio.... Continue Reading →
(TN) Petrogal Brasil was the winner of the direct sales process carried out by Pré-Sal Petróleo (PPSA) this August 31st, to market the first oil cargo, of 500 thousand barrels, arising from the oil sharing production contract of Sepia and which will be available for loading in the last quarter of the year. Ten companies... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 07/28/2022, informs that it is carrying out today the payment of the 1st installment of the remuneration to shareholders approved by its Board of Directors in a meeting held on that date. The gross amount distributed today corresponds to dividends and interest on... Continue Reading →
New Jersey-headquartered Pioneer Consulting has been appointed to assist with the deployment of Petrobras’ Malha Óptica system in Brazil which will comprise a 1,200-kilometer oil and gas fiber network. Under the contract signed with the Zemax-Planova Consortium, Pioneer Consulting will provide support for route engineering, quality and documentation, contractor and supplier management, and survey and... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 05/13/2022, informs that the Administrative Council for Economic Defense (CADE), in a court session held on this date, approved the transaction for the sale of the Isaac Sabbá Refinery (REMAN) to Ream Participações S.A., through the execution of an Agreement in Concentration Control... Continue Reading →
(TN) Pre-Sal Petróleo (PPSA) is selling the first oil cargo from the Sepia production sharing contract. The company sent an invitation letter to the market for ten companies that already registered for operations in the pre-salt layer, offering, through direct sales, a load of 500 thousand barrels for loading in the last quarter of the... Continue Reading →
(Reuters) - Brazilian antitrust regulator CADE on Tuesday approved the sale of Petrobras' (PETR4.SA) REMAN refinery to Ream, which is part of the Atem group, but decided the buyer will have to take measures to guarantee that other fuel distributors have access to the plant's waterway terminal. The approval with restrictions came in a 6-1 CADE board... Continue Reading →
(Valor) The great challenge to develop offshore wind power generation projects is to adjust risk and return, said the director of institutional relations and sustainability at Petrobras, Rafael Chaves, in a presentation to executives during the Offshore Northern Seas (ONS), Europe's largest energy event, in Stavanger, Norway. Chaves said that a multidisciplinary group within Petrobras... Continue Reading →
Brazil Energy Insight 