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Brazil’s Petroleo Brasileiro SA is set to receive binding offers for the country’s second-largest refinery on Thursday, five people with knowledge of the matter said, as the state oil company aims to restart a plan to divest more than $10 billion in assets. If the deal for the Landulpho Alves refinery, also known as RLAM,... Continue Reading →
Rio de Janeiro, June 24, 2020 – Petróleo Brasileiro S.A. – Petrobras, regarding to the news published in the media, clarifies that the date to receive the binding proposals for the divestment project of the Landulpho Alves refinery (RLAM) in Bahia is tomorrow, June 25, 2020. Facts deemed relevant on the matter and other portfolio... Continue Reading →
Jun 19, 2020 3R Petroleum plans to invest US $ 200 million over the life cycle of the Polo Macau fields - a cluster of assets purchased from Petrobras in the Potiguar Basin, Rio Grande do Norte. - In a live interview with epbr, CEO Ricardo Savini, explained that the pandemic forced the company to... Continue Reading →
Jun 19, 2020 The ANP collegiate board approved the assignment of rights to 10 Petrobras concession contracts to Trident Energy do Brasil, referring to the Pampo and Enchova clusters, covering the fields of Badejo, Bicudo, Bonito, Enchova Oeste, Enchova, Sole, Marimbá, Pampo, Piraúna and Trilha. The assignment is part of Petrobras' divestment plan. The ten... Continue Reading →
June 19, 2020 Petróleo Brasileiro S.A. - Petrobras informs that it has started the opportunity disclosure stage (teaser), referring to the sale of its entire stake in the Atum, Curimã, Espada and Xaréu fields, maritime production concessions in shallow waters located in the Mundaú sub-basin, in the State of Ceará. The teaser, which includes key... Continue Reading →
JUN 18, 2020 Engie Brasil is celebrating the positive result it is seeing from the TAG gas pipeline network, acquired from Petrobras last year. As a result, the French company is evaluating the possibility of buying the 10% of the assets that are still in the hands of the state-owned company. “The operation is better... Continue Reading →
June 17, 2020 Petróleo Brasileiro S.A. – Petrobras, regarding to the news published in the media, referring to the sale of its stake in BR Distribuidora S.A. (BR), clarifies that, according to the press released on 01/16/2020, has been studying a possible additional sale of its stake in BR. However, there is still no deliberation... Continue Reading →
June 16, 2020 Ibama granted an operating license for the production, collection and disposal of oil and natural gas from the Pampo and Enchova fields, in the Campos Basin, to Trident Energy. The company bought Petrobras' shallow water assets last year. In the decision, the environmental agency defined that the company will be responsible for... Continue Reading →
June 17, 2020 Petróleo Brasileiro S.A. - Petrobras informs that it has started the opportunity disclosure stage (teaser), referring to the sale of its entire stake in a set of seven onshore and shallow water concessions located in the state of Alagoas. The teaser, which includes key information about the opportunity, as well as the... Continue Reading →
June 15, 2020 Petróleo Brasileiro S.A. – Petrobras, following up on the press release disclosed on 05/13/2020, informs the beginning of the non-binding phase regarding the sale of four thermal power plants, three of them located in Camaçari, in the state of Bahia and powered by fuel oil (UTEs Polo Camaçari), and one bi-fuel plant... Continue Reading →
Brazil Energy Insight 