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Petróleo Brasileiro S.A. – Petrobras, regarding the news published in the media about the signing of the final transfer of the Landulpho Alves Refinery (RLAM) to Mubadala, clarifies that, as disclosed on 03/24/2021, it signed with MC Brazil Downstream Participações, a company of the Mubadala Capital group, a contract for the sale of the company's... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, regarding the news published in the media about a possible offer of preferred shares of Braskem in the first quarter of 2022, clarifies that, as disclosed on June 8, August 9, 20 and 30, October 1 and November 22, its stake in Braskem is still part of the assets contemplated... Continue Reading →
The auction of surplus volumes from the transfer of rights in the areas of Sépia and Atapu, in the Santos Basin pre-salt, represents, for the oil companies, immediate access to projects in the operational phase and may, depending on the results, attract two new producers. Among the eleven companies qualified for the round, scheduled for... Continue Reading →
After a failed sale attempt, Petrobras no longer intends to divest of its refining asset in Pernambuco. The Abreu e Lima Refinery (Rnest) was included in the company's Strategic investment plan for 2022-2026. According to a statement from the company, more than R$ 5 billion (US$ 1 billion) will be invested in the completion of... Continue Reading →
Petrobras divestment plan suffered a significant blow. The company decided that it will no longer sell 50% of the Marlim Cluster, which comprises of the Marlim, Voador, Marlim Leste and Marlim Sul fields, located predominantly in deep waters in the Campos Basin. “It is an asset that we have already managed to extend [the term... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, regarding the news published in the media about the negotiation for the sale of Braskem preferred shares, clarifies that, as disclosed on June 8, August 9, 20 and 30, and October 1, its stake in Braskem is still part of the assets contemplated in its portfolio management. Petrobras maintains its... Continue Reading →
(Reuters) - Ecuador hopes to hold at least four auctions in 2022 to award oil blocks and the operation of Esmeraldas, its largest refinery, to private companies as it seeks to pull in billions of dollars in investments, Energy Minister Juan Carlos Bermeo said on Friday. The blocks up for grabs are currently controlled by... Continue Reading →
French steel pipemaker Vallourec narrowed on Wednesday its full-year EBITDA guidance and said it plans to launch the disposal process for its German assets as well as relocate its oil & gas activities to Brazil. "Our German operations continue to underperform," Vallourec's chairman and CEO, Edouard Guinotte, said in a statement. Once the disposal program... Continue Reading →
(PetroleoHoje) Vibra Energia (former BR Distribuidora) plans to sell the Espírito Santo government's stake in ES Gas, the disinvestment in the state distributor is scheduled for the first half of 2022, said the company's president, Wilson Ferreira Jr.. In September, the state government signed a contract with BNDES to carry out studies aimed at modeling... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that it signed today with Forbes & Manhattan Resources Inc. (F&M Resources), a wholly owned subsidiary of Forbes & Manhattan Inc. (F&M), a contract for the sale of the shares of the company that will own the Shale Industrialization Unit (SIX), located in São Mateus do Sul/PR. The sale... Continue Reading →
