- Petróleo Brasileiro S.A. – Petrobras informs that it has started the opportunity disclosure stage (teaser), regarding the sale of 40% of its interest in the BM-POT-17 exploratory concessions, in which the Discovery Assessment Plan for the Pitu well is being developed (Blocks POT-M-853 and POT-M-855), and the POT-M-762_R15 concession (Block POT-M-762), located in deep... Continue Reading →
Eneva confident in resuming negotiations of the Bahia Terra Cluster
(PN) Eneva expects to be able to resume, in the third quarter, negotiations with Petrobras for the purchase of the Bahia Terra Cluster. The information was disclosed today by Eneva's CFO, Marcelo Habibe, during a conference call with investors. The conversations with Petrobras, according to the executive, were already at an advanced stage, when a... Continue Reading →
Petrobras on the sale of potassium mining rights
Petróleo Brasileiro S.A. – Petrobras informs that it has begun the opportunity disclosure stage (teaser), referring to the sale of its mining rights for research and mining of potassium salts located in the Amazon Basin. The teaser, which contains the main information about the opportunity, as well as the eligibility criteria for the selection of... Continue Reading →
Exxon Mobil’s Nigeria asset sale hits regulatory hurdle
(Reuters) - Nigeria's petroleum regulator said on Tuesday it stood by its refusal to approve Exxon Mobil's $1.28 billion sale of shares in its Nigerian unit to Seplat (SEPLAT.LG) after President Muhammadu Buhari approved the transaction. Nigerian Upstream Petroleum Regulatory Commission (NUPRC) head, Gbenga Komolafe, said under a new petroleum law passed last year, the petroleum minister... Continue Reading →
Nigeria’s Buhari grants consent to Seplat’s buy of Exxon Mobil’s Nigeria unit
(Reuters) - Nigerian President Muhammadu Buhari has granted consent to the acquisition of Exxon Mobil's Nigerian unit by Seplat Energy (SEPLAT.LG), in a $1.28 billion deal announced in February. Buhari, who doubles as oil minister, granted ministerial approval to the deal, the presidency said in a statement on Monday. Exxon and Seplat are expected to operate... Continue Reading →
PetroRio (PRIO) says decision on sale of Albacora Oeste is with Petrobras
In recent weeks, rumors have grown that the state-owned company has suspended negotiations for the sale of Albacora In the presentation of the 2Q22 results to market analysts, PetroRio highlighted the importance of Campo Albacora, still under negotiation - called Albacora Oeste by the company to differentiate it from Albacora Leste, this the last one... Continue Reading →
3R Petroleun announces closing the acquisition of the Fazenda Belem Cluster
3R PETROLEUM ÓLEO E GÁS S.A. (“3R” or “Company”) (B3:RRRP3) informs its investors and the market in general that on August 5, 2022, the National Agency of Petroleum, Natural Gas and Biofuels (“ANP”) approved the transfer of concession contracts for two onshore production fields that form the Fazenda Belém Cluster, owned by Petróleo Brasileiro S.A.... Continue Reading →
Brazil’s Lula advised to buy back Petrobras refineries, study author says
(Reuters) - An oil and gas industry study commissioned by the campaign of former President Luiz Inacio Lula da Silva for the October elections will recommend bolstering Petrobras' refining capacity, including through the reversal of refinery privatizations, one of the study's authors told Reuters. The study also proposes new investments and the resumption of refinery... Continue Reading →
Petrobras concludes the sale of E&P assets in Espírito Santo – Peroa Cluster
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 01/29/2021, informs that yesterday it has finalized the sale of all its stakes in the producing fields of Peroá and Cangoá, and in the BM-ES-21 concession (Malombe Discovery Evaluation Plan) jointly called Peroá Cluster, located in the Espírito Santo Basin to the company... Continue Reading →
Brazil’s 3R Petroleum subsidiary agrees on $500 mln loan to pay for Potiguar oil field
3R PETROLEUM ÓLEO E GÁS S.A. (“Company”), informs its shareholders, investors and the market in general that, on this date, its wholly-owned subsidiary 3R Lux, a private limited liability company (société à responsabilité limitée) formed under the laws of Grand Duchy of Luxembourg, registered with the Luxembourg Register of Commerce and Companies (Registre de commerce... Continue Reading →