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The president of Petrobras, Magda Chambriard, met this Thursday, 13/03, with the president of Guyana, Mohamed Irfaan Ali. They participate in CeraWeek, an Energy conference held in Houston, USA. Magda and Irfaan Ali discussed opportunities in the exploration and production of oil in Guyana's deep waters and other possibilities for South-South cooperation, aimed at the... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras informs that it has identified the presence of hydrocarbons in the Santos Basin pre-salt, in an exploratory well of Aram block. Well 4-BRSA-1395-SPS is located 245 km from the city of Santos-SP, at a water depth of 1,759 meters. The well is currently being drilled, and the hydrocarbon-bearing interval has... Continue Reading →
(Reuters) - Brazil's state-run oil firm Petrobras is in talks with U.S. liquefied natural gas (LNG) suppliers for a long-term import deal, a Petrobras executive said. Brazil is Latin America's largest oil producer, but consumes more gas than it produces and relies on imports to fill the gap. Petrobras buys pipeline gas from neighbor Bolivia and... Continue Reading →
(Reuters) - Brazilian power firm Eletrobras reported on Thursday a near 25% increase in its fourth-quarter net profit from a year earlier to 1.11 billion reais ($191.4 million). The company also announced 1.8 billion reais ($310 million) in additional dividends to shareholders in a separate statement. WHY IT'S IMPORTANT Eletrobras is Latin America's largest utility... Continue Reading →
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 it signed, on March 13, 2025, with Shell Western Supply and Trading Limited (“Shell”), a contract for the sale of the oil produced by the consortium in Atlanta field (80% of... Continue Reading →
PRIO S.A. (“Company” or “PRIO”) (B3: PRIO3) announces its earnings for the fourth quarter of 2024 and the year of 2024. HIGHLIGHTS OF THE YEAR Click here for the Earnings Release.
PRIO S.A. ("Company" or "PRIO") hereby informs its shareholders and the general market that it has published a new reserves certification of the Company, prepared by DeGolyer & MacNaughton ("D&M"), dated January 1, 2025, which includes the reserves of the Polvo and TBMT cluster, Frade and Wahoo cluster and Albacora Leste field. To the Peregrino... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the Material Facts/Communications published on 11/07/2024 and 12/10/2024, informs that it will pay on 03/20/2025 the second installment of shareholder remuneration relating to the balance sheet of September 30, 2024, based on the shareholder position of 12/23/2024. This second installment will be paid in the form of... Continue Reading →
(Reuters) Brazilian state-run oil company Petrobras and its Colombian counterpart Ecopetrol could have the licenses needed for moving forward a joint offshore gas project in Colombia by mid-2026, said Orlando Velandia, head of Colombia's hydrocarbons regulator. Some 6 trillion cubic feet (TCF) of natural gas reserves have been confirmed, making the project commercial. The partners... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that it has received nominations from the Federal Government (Controlling Shareholder) and Minority Shareholders for the elections of members of the Board of Directors and the Fiscal Council, which will take place at the company's Annual General Meeting (AGM), scheduled for April 16, 2025. In accordance with Petrobras' internal... Continue Reading →
Brazil Energy Insight 