BUZIOS 8 SURF IS DELAYED FOR TWO WEEKS

(PetroleoHoje) Petrobras has postponed the deadline for delivering the mega-bidding proposals for contracting the SURF system (underwater collection) for the 8th module in the Buzios field. The extension is the second granted by the oil company. Initially scheduled to take place on December 8th, the delivery of proposals is scheduled for December 22nd. The tender... Continue Reading →

EXXONMOBIL TO DRILL IN SERGIPE

(PetroleoHoje) ExxonMobil intends to start in December the drilling of its first exploratory well in Sergipe, at the SEAL-M-428 block, which will also extend to the neighboring area of ​​SEAL-M-351. The oil company, which already has the rig ready to carry out the work, is just waiting for the release of the environmental license to... Continue Reading →

Petrobras on Governance Certification

Petróleo Brasileiro S.A. – Petrobras informs that today, for the fifth time in a row, it received the certification in the Governance Indicator of the Secretariat for Coordination and Governance of State-Owned Companies (IG-Sest), of the Ministry of the Economy, achieving classification in the indicator's best level - Level 1, which shows the company's degree... Continue Reading →

Brazil’s Guedes suggests privatizing oil firm Petrobras before it is ‘irrelevant’

(Reuters) - Brazilian Economy Minister Paulo Guedes said on Wednesday that state-run oil company Petrobras (PETR4.SA)should be privatized before it becomes irrelevant and oil loses value, suggesting the government could use the sale proceeds to reduce poverty. Citing the ongoing processes to privatize state-run power company Eletrobras (ELET6.SA) and postal-service firm Correios, Guedes said the same rationale for... Continue Reading →

ExxonMobil earmarks $15 billion for lower-emission spending over next six years

U.S. energy major ExxonMobil has finalized its corporate plans, which increase spending to $15 billion on greenhouse gas emission-reduction projects over the next six years while maintaining disciplined capital investments in its portfolio. Exxon has also increased its annual dividend payment for the 39th consecutive year. As explained by ExxonMobil on Wednesday, the plans support... Continue Reading →

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