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(epbr) Eneva is considering buying stakes in large offshore natural gas discoveries in the Sergipe-Alagoas Basin. The epbr agency found that the agreement is not yet closed, but Eneva's interest is to enter the assets, under Petrobras operation, to increase the share of national gas available in its commercialization and development of new business portfolio.... Continue Reading →
(OM) TC Energy has contracted Allseas to install a 36-inch offshore pipeline delivering gas to southeast Mexico. The Southeast Gateway line will run about 700 km south along the coast from Tuxpan connecting the ports of Coatzacoalcos and Dos Bocas. This is also the first major natural gas infrastructure project commissioned by the alliance between TC Energy... Continue Reading →
Petro Rio S.A. (“PRIO”), following best practices in corporate governance and transparency, informs its preliminary and non-audited Operational Data for the month of September. Obs:(1) The MUP3A well, in the Frade Field, had its production temporarily interrupted due to a failure in the completion equipment, and will be repaired during the fourth quarter. (2) Manati... Continue Reading →
Enauta's production in September totaled 10,400 barrels of oil equivalent per day, the same level as the previous month, according to a new report released by the company. The Atlanta field, the company's main asset, saw its production grow from 3,000 barrels a day in August to 5,500 barrels in September. This is due to... Continue Reading →
(Reuters) - Wall Street analysts on Wednesday sharply increased their view of Exxon Mobil Corp's third quarter earnings after the company disclosed a $2 billion profit gain from selling natural gas. The disclosure signaled the largest U.S. oil maker quarterly profit due out later this month will land close to the second quarter's record $17.9... Continue Reading →
(Reuters) - African countries will use the COP27 climate talks in Egypt next month to advocate for a common energy position that sees fossil fuels as necessary to expanding economies and electricity access, the continent's top energy official said on Tuesday. The African position, criticised by environmental groups, could overshadow global climate talks in Sharm... Continue Reading →
(Reuters) - France on Tuesday started the process to fully nationalise debt-laden nuclear power group EDF (EDF.PA), seeking to secure greater control of its energy supplies just as Europe scrambles to replace Russian gas. The Paris government filed an offer with the market regulator to buy all shares in the group it does not already own... Continue Reading →
(PN) The decision on who will run the country for the next four years will be decided on the 30th. With 99.90% of the votes counted, former president Luiz Inácio Lula da Silva (PT) has 48.41% of the valid votes, against 43.22% of his opponent, the incumbent president Jair Bolsonaro. The counting of votes showed... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 12/22/2021, informs that, as part of the actions taken to open the Brazilian natural gas market, signed, in 09/30/2022, with Nova Transportadora do Sudeste S.A. (NTS) the Flexibility Reduction Agreement to be used by Petrobras (Agreement) and amendments to the Malha Sudeste, Malha... Continue Reading →
Oilfield services firm Baker Hughes said Friday it had secured a new service contract for maintenance and monitoring of turbomachinery equipment operations at Coral Sul FLNG, the first deepwater floating liquefied natural gas (LNG) unit operating off the coast of Mozambique on the Eni-led Coral South project. The contract also includes a provision of resident... Continue Reading →
Brazil Energy Insight 