Brought to you by Quest Offshore & Southern Cone Consultants
(Reuters) - Most big Wall Street firms passed a test for business as usual in Texas last week when state Comptroller Glenn Hegar kept all but BlackRock Inc.(BLK.N) off a list of companies whose stance on boycotting oil and gas stocks could trigger divestment by public agencies. But top banks like Wells Fargo (WFC.N) and JPMorgan Chase &... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 05/31/2022, informs that the binding phase concerning the full sale of the Nitrogen Fertilizer Unit III (UFN-III) is underway. Potential buyers qualified for this phase, in accordance with the criteria published in the teaser, received a process letter with detailed instructions on the... Continue Reading →
(PN) Amid rumors indicating that PRIO (PetroRio) was acquiring Dommo, the two companies provided clarification on the possible operation to the Securities and Exchange Commission. In short, the companies confirmed that they are evaluating a strategic operation, with the possible purchase and sale of assets. However, there is still no binding document or decision on... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the releases disclosed on June 27, 2022 and July 15, 2022, informs the beginning of the non-binding phase in the processes of sale of assets in refining and associated logistics in the country, which includes the refineries Abreu e Lima (RNEST) in Pernambuco, Presidente Getúlio Vargas (REPAR)... Continue Reading →
(Reuters) - The valuation of refineries being sold by Brazilian state-run oil company Petrobras (PETR4.SA) might face additional pressure as the country's oil regulator mulls banning the use of S500 diesel, sources familiar with the matter said. Brazil is expected to replace S500 with low-sulfur S10 diesel in the coming years, requiring large investments in some refineries... Continue Reading →
- 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 →
(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 →
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 →
(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 →
(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 →
