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(Reuters) - Brazilian oil company Enauta Participacoes SA (ENAT3.SA) said on Monday it will no longer sell its stake in the Manati oilfield, adding that conditions for the conclusion of a previously announced deal with Gas Bridge SA have not been met. "The deal was subject to a series of commercial and regulatory conditions that should have... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras, following up on the release disclosed on 08/03/2021, informs that it signed today with Ubuntu Engenharia e Serviços Ltda contracts for the sale of its total interest in the PAR-T-218_R12 concession, located in the Paraná Basin. The total value of these transactions is US$ 32 thousand and the closing is... Continue Reading →
(Reuters) - Brazil's 2022 general elections will not influence the fuel pricing policy of Petrobras, the chief executive of the state-run oil company told Reuters on Thursday. Petroleo Brasileiro SA (PETR4.SA), as the company is formally known, officially sets domestic fuel prices in line with international prices, although it allows a brief decoupling when global prices... Continue Reading →
(Reuters) - Exxon Mobil Corp (XOM.N) on Thursday signaled a return to annual profit for 2021 as stronger oil and gas prices drove a gain of up to $1.9 billion in operating profits that exceeded one-time charges. The largest U.S. oil producer issued a snapshot of final quarter results that showed it expects sequentially higher profit fromoil... Continue Reading →
3R PETROLEUM ÓLEO E GÁS S.A. ("3R" or "Company") (B3: RRRP3), in compliance with the provisions of CVM Resolution No. 44, communicates to its shareholders and the market in general that received from the Northeast Development Superintendence (“SUDENE”), an agency linked to the Ministry of Regional Development, through Constitutive Report No. 0285/2021, the approval for... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, as the operator of Consortia BM-SEAL-4 and BM-SEAL-11, and the sole owner of the rights to the BM-SEAL-4A and BM-SEAL-10 Concessions, informs that it submitted today to the National Agency of Petroleum, Natural Gas and Biofuels (ANP), the declarations of commerciality of the oil accumulations located in the areas of... Continue Reading →
(PetroleoHoje) Ventura (Petroserv) will secure two new charter contracts with Petrobras in January. The oil company decided to hire the semi-submersible Victoria and the drillship Carolina, offered in the tender for 2,400 m. The rig company won the batch B bidding process, aimed at chartering units without MPD. The rates presented by Ventura were around... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras informs that it was notified, on this date, of preliminary decisions rendered by the Court of Justice of the State of Rio de Janeiro that determined the maintenance of the conditions of the contracts entered into between Petrobras and state distributors (CEG and CEG RIO), which will expire on 12/31/2021,... Continue Reading →
Brazilian oil and gas company PetroRio has undertaken the required steps to move forward with the development of the Wahoo field – located offshore Brazil – by submitting a development plan to the National Petroleum Agency, Natural Gas and Biofuels (ANP). PetroRio reported last week that the declaration of commerciality of the Wahoo discovery and the development... Continue Reading →
Brazil has always pushed the boundaries of deepwater exploration and production – and it’s still doing so today. With some of the world’s largest deepwater reservoirs, that are often complex in themselves, it’s had to come up with new solutions. Elaine Maslin found out more from André Lima Cordeiro. (OE) Petrobras has often led the... Continue Reading →
Brazil Energy Insight 