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Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 02/23/2022, informs that the fulfillment of all precedent conditions has been concluded, regarding the transfer of its total interest (100%) in a set of 4 onshore production field concessions, with integrated facilities, located in the State of Espírito Santo - ES, jointly called... Continue Reading →
Finland-headquartered technology group Wärtsilä has been picked to operate power modules onboard a floating production, storage and offloading (FPSO) vessel, working offshore Brazil. In addition, the Finnish player inked a long-term optimised maintenance agreement with 3R Petroleum, a Brazilian offshore operator. Wärtsilä revealed on Wednesday, 12 April 2023, that it would operate – on behalf of the... Continue Reading →
(Reuters) - Spanish power company Iberdrola (IBE.MC) will seek to expand in the United States and take advantage of its green subsidies after announcing the sale of gas assets worth $6 billion in Mexico, Chief Financial Officer Jose Sainz said on Wednesday. The sale significantly reduces the renewable energy giant's exposure to Mexico, where its relationship with... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on March 14, 2023, informs that it obtained, on Friday (03/31), authorization from the National Agency of Petroleum, Natural Gas and Biofuels (ANP) to resume production from the Araçás field, located in the Bahia Terra Cluster. Thus, the company started the execution of operational... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that its Board of Directors has considered, on today's date, the content of Official Letter 166/2023/GM-MME, of 02/28/2023, and of Official Letter 257/2023/GM-MME, of 03/29/2023, and considering its attributions, concluded that the review of the investment and divestment processes must be carried out based on the Company's "Strategic Plan",... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed to the market on 03/17/2023, informs that it received Official Letter 257/2023/GM-MME from the Ministry of Mines and Energy (MME), on today's date, in the following terms: 1. Petrobras disclosed a material fact on March 17, 2023, informing that its Executive Board forwarded, for... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, regarding the pieces of news published in the media, informs that no decision has been made by the Executive Board or the Board of Directors in relation to the Braskem divestment process. Petrobras clarifies that all actions related to its participation in Braskem require careful analysis from a portfolio management... Continue Reading →
Petro Rio S.A. (the “Company” or “PRIO”) (B3: PRIO3) informs its shareholders and the market in general of the closing of the acquisition of 40% interest in the BM-C-32 Block (“Itaipu Field” or “Itaipu”), acquired from Total Energies E&P Brasil Ltda., following the Material Fact released on September 26, 2022. Together with the 60% interest... Continue Reading →
A.P. Moller – Maersk (Maersk) has reached an agreement with A.P. Moller Holding, the parent company of the A.P. Moller Group, to divest Maersk Supply Service (MSS), specializing in the provision of global offshore marine services and project solutions for the energy sector. The move is part of Maersk’s strategy around integrated logistics and separation... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on March 1, 2023, informs that its Executive Board has forwarded for the appreciation of the Board of Directors the following proposal for response to Letter 166/2023/GM-MME from the Ministry of Mines and Energy (MME): we carried out a preliminary study on the divestment... Continue Reading →
Brazil Energy Insight 