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India's Mangalore Refinery and Petrochemicals Ltd has bought its first-ever cargo of Brazilian Tupi crude oil in a tender, two industry sources said on Monday. The 1-million-barrel cargo was sold by Royal Dutch Shell for May delivery, he added. The price was not immediately known. The purchase comes after Indian state refiners had planned to... Continue Reading →
(Reuters) - Mexico is looking to renegotiate some of its hundreds of millions of dollars-worth of contracts with Vitol SA after the global energy trader acknowledged paying kickbacks to win business with state oil company Pemex, Reuters has learned. The dispute in Mexico, the world’s fourth-largest importer of refined oil products, is part of the... Continue Reading →
The board of the National Petroleum Agency (ANP) approved phase 1 of the Development Plan (PD) of the shared deposit of the Bacalhau and Bacalhau Norte fields, in the Santos Basin. The operator of the area, the Norwegian Equinor, forecasts about US$ 8.5 billion in investments in this stage of the undertaking, with the expectation... Continue Reading →
Equinor, together with license partners Repsol Sinopec and Petrobras, has approved the development concept for BM-C-33, a gas/condensate field located in the Campos Basin pre-salt in Brazil. Equinor is the operator of the block with a 35 per cent interest with Repsol Sinopec and Petrobras as partners with 35 per cent and 30 per cent... Continue Reading →
Siemens Energy said Friday it had won a contract with Malaysian MISC to deliver eight complete topside modules for an FPSO MISC is building for deployment in South America. According to Siemens Energy, its topside modules "will provide sustainable, efficient, and environmentally friendly power generation, transmission, and distribution, as well as gas processing and compression"... Continue Reading →
There has been much talk about natural gas as a transition fuel, primarily in helping to lower emissions and pollution by displacing coal in power generation, but also in complementing intermittent renewables, and targeting the (blue) hydrogen economy in the longer term. Forecasters of energy demand, such as the IEA, tend to project gas demand... Continue Reading →
(BUSINESS WIRE)--Black & Veatch will undertake feasibility studies central to the development of the world’s largest green hydrogen plant. When operational, Enegix Energy’s Base One facility in Ceará, Brazil, will produce more than 600 million kilogrammes of green hydrogen annually. The highly ambitious new-build electrolysis facility will be powered entirely by renewable energy, initially 3.4... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that it has re-submitted today the Distance Voting ballots for its Extraordinary General Meetings of April 12 (EGM) and Annual General Meetings of April 14 (AGM) with the following changes:Distance Voting ballot – EGM of April 12 (i) Inclusion of Pedro Rodrigues Galvão de Medeiros, as a candidate... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, pursuant to CIRCULAR LETTER/CVM/SEP/No.01/2021, reports that it has received the nomination of candidate Pedro Rodrigues Galvão de Medeiros for the Board of Directors, in case multiple voting process is adopted. Board of Directors election will take place at the Extraordinary General Meeting of April 12, 2021. The candidate was nominated... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, pursuant to CIRCULAR LETTER/CVM/SEP/No.01/2021, reports that it has received from holders of common shares the nomination of candidates for the Fiscal Council, whose election will take place at the Annual General Meeting of April 14, 2021. Candidates nominated by shareholders FIA Dinâmica Energia and Banclass FIA: Below is an excerpt... Continue Reading →
Brazil Energy Insight 