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Aug 11 (Reuters) - Brazilian businessman Nelson Tanure may give up on his bid to acquire a controlling stake in Latin America's largest petrochemical firm Braskem as his exclusive negotiations window nears closing without an agreement to resolve claims from an environmental incident linked to the company. Last May, Tanure signed a 90-day exclusivity document to discuss... Continue Reading →
(offshore-energy.biz) Norwegian vessel owner DOF Group has secured two new long-term contracts with Brazil’s state-owned energy giant Petrobras that have a combined value of more than $275 million. Skandi Carla and Geoholm have been contracted on four-year charters with Petrobras as remotely operated vehicle (ROV) support vessels, both expected to begin their contracts in December.... Continue Reading →
Aug.11(PN) The Energy Research Company (EPE) recommended authorization for the construction and installation project of the Sergipe Aguas Profundas (SEAP) gas pipeline, presented by Petrobras. The project was analyzed in ongoing dialogue with the National Petroleum Agency (ANP), seeking to ensure the compatibility of the new infrastructure with national energy planning. "EPE's analysis indicated the... Continue Reading →
Aug 6 (ANP) Brazil broke a record for oil and natural gas production in June of this year, with 4.9 million barrels of oil equivalent per day. This unprecedented result, released in the Monthly Oil and Natural Gas Production Bulletin of the National Agency of Petroleum, Natural Gas, and Biofuels (ANP), affiliated with the Ministry... Continue Reading →
(PN) Petrobras is conducting two initiatives focused on Tupi, the country's largest producing field, located in the Santos Basin pre-salt layer. The company's Director of Exploration and Production, Sylvia dos Anjos, announced that the asset is receiving special attention with the aim of extracting more value and increasing production in the area. Furthermore, the company... Continue Reading →
Aug 8 (Reuters) - Groups vying for control of Brazilian petrochemical producer Braskem are expected to resist a sale of its U.S. assets, three people close to the discussions told Reuters. Brazilian chemical company Unipar is in talks to acquire Braskem's polypropylene plants in Texas, Pennsylvania, and West Virginia for around $1 billion, according to a report... Continue Reading →
Aug. 11 - BRAVA ENERGIA S.A. (“BRAVA” or “Company”) (B3: BRAV3), pursuant to CVM Resolution No. 44, hereby informs its investors and the market in general that, on August 8, 2025, the Company's Board of Directors unanimously elected Mr. Richard Kovacs to the position of Chairman of the Board of Directors, following the resignation of... Continue Reading →
Petrobras announces that its Board of Directors, at a meeting held today, approved, within the scope of the strategic elements of the company's Strategic Plan, the inclusion of Petrobras' Positioning in Distribution in the Downstream and G&E and Low Carbon segments, under the following terms: • Positioning in Distribution: Operate in profitable businesses and partnerships... Continue Reading →
Aug. 7, 2025 - Petrobras informs that its Board of Directors, in a meeting held today, approved the payment of interim dividends and interest on equity in the amount of R$ 8.66 billion, equivalent to R$ 0.67192409 per outstanding common and preferred share, as an anticipation of the remuneration to shareholders, related to the fiscal... Continue Reading →
August 07, 2025 “Our operational performance in the second quarter was excellent, driven by the implementation of new production systems and improved efficiency in operating fields. These factors allowed us to increase oil and gas volumes, positively impacting financial results and mitigating the impacts of the decline in Brent prices. Net income and adjusted EBITDA,... Continue Reading →
Brazil Energy Insight 