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(PN) British company BP has taken new steps in its exploratory activities in Brazil. This week, the company began drilling the wildcat well 1-BP-13-SPS, in the Bumerangue block, in the pre-salt layer of the Santos Basin. The activity is being carried out in a water depth of 2,372 meters with the drillship Valaris Renaissance. The... Continue Reading →
(globaltimes.cn) Peru's minister of economy and finance emphasized the importance of coordinating and planning a meeting between the governments of Brazil and Peru, along with the Chinese delegation to advance a cross-continental railroad connecting Peru's Pacific coast with Brazil's Atlantic coast, Peru's Ministry of Economy and Finance posted on social media platform X on Tuesday.... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras announces that it has started operations at a new Diesel Hydrotreatment Unit at the Paulínia Refinery (Replan), in São Paulo. The operation began three months ahead of the date originally scheduled in the feasibility study, and the project was executed within the approved investment level at the time. With the... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, in relation to reports in the press about negotiations to refinance tax disputes with the state of Rio de Janeiro, clarifies that the amounts mentioned in the reports are not debt, but rather amounts under discussion in administrative and judicial proceedings, motivated by differences of understanding between the state tax... Continue Reading →
(PN) Petrobras is expanding its exploration efforts in the promising Aram block, located in the pre-salt layer of the Santos Basin. In recent days, the company began drilling a new well in the area, named 3-BRSA-1399-SPS, in a water depth of 1,866 meters. The operation is being conducted by the Valaris DS-4 drillship. In addition... Continue Reading →
(Reuters) - Brazilian businessman Nelson Tanure has made an offer to acquire a controlling stake in Braskem, a securities filing showed on Friday, confirming local media and Reuters reports that cited sources earlier in the day. The tycoon is looking to acquire conglomerate Novonor's (ODBES.UL) stake in Braskem for an undisclosed value, according to the... Continue Reading →
– Petróleo Brasileiro S.A. – Petrobras informs that the FPSO Alexandre de Gusmão started production today in the Mero field (Libra block), in the pre-salt Santos Basin, more than two months ahead of schedule in its Business Plan. The platform, chartered by Petrobras from SBM Offshore, has the capacity to produce 180,000 barrels of oil... Continue Reading →
Petrobras, following up on the release of 03/27/2025, informs that its Board of Directors (BoD), in a meeting held today, approved the early termination of the mandate of the Chief Energy Transition and Sustainability Officer, Mauricio Tolmasquim, in a negotiated manner, on 05/27/2025. The Board of Directors also approved the appointment of the Chief Industrial... Continue Reading →
Petrobras, following up on the disclosure made on May 9, 2025, announces that it has signed this Thursday (May 22) an agreement with Proquigel, a subsidiary of Unigel, to resolve existing contractual disputes and litigation between the parties. To take effect, the agreement must still be ratified by the Arbitral Tribunal, which has already been... Continue Reading →
(Reuters) Brazil's Senate has approved legislation to loosen environmental licensing, despite criticism from climate policy groups and figures inside President Luiz Inacio Lula da Silva's government. The bill, which was approved in the Senate by 54 votes to 13 late on Wednesday, would allow projects considered to have a small or mid-sized impact, such as... Continue Reading →
Brazil Energy Insight 