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(Reuters) - Brazilian state-run oil company Petroleo Brasileiro SA (PETR4.SA) expects to sign a deal to sell its TBG natural gas pipeline unit next year, Chief Strategy Officer Rafael Chaves said during a presentation to a Rio de Janeiro industry group on Monday. In August, Reuters reported U.S. private equity firm EIG Global Energy Partners made a... Continue Reading →
RENEGOTIATION OF GAS CONTRACTS IN THE POTIGUAR BASIN 3R PETROLEUM ÓLEO E GÁS S.A. (“3R” or “Company”) informs its investors and the market in general that, through its subsidiaries 3R Macau S.A. (“3R Macau”) and 3R Pescada S.A.[1] (“3R Pescada”), signed on December 8, 2021 amendments to the purchase and sale agreements of pre-processed natural... Continue Reading →
(OE) Excelerate Energy has started natural gas deliveries to the Brazilian market at the Bahia Regasification Terminal (TR-BA) in Salvador, Bahia, in Brazil. Excelerate's floating storage and regasification unit (FSRU) Excelerate Sequoia, which has an LNG storage capacity of 173,400 cubic meters, is providing regasification services at TR-BA. The terminal has a regasification capacity of... Continue Reading →
(Reuters) - Gazprom Neft (SIBN.MM), the oil arm of Russian gas giant Gazprom (GAZP.MM), expects its hydrocarbon production to exceed 100 million tonnes of oil equivalent this year, reaching a record high, it said on Thursday. Gazprom Neft had aimed to reach the 100 million tonnes target by 2020 but had to delay that due to production... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release from 09/29/2021 on the creation of a social program focused on liquefied petroleum gas (LPG), informs that it has approved the delivery of 300,000 grants to support the acquisition of cooking gas canisters by families in a situation of social vulnerability by December 2021. In... Continue Reading →
(Valor) In a strategic repositioning process, with an eye on the energy transition, Equinor decided to halve the number of countries where it operates in the oil and gas sector. In Brazil, on the contrary, the idea is to continue to grow. After announcing, this year, investments of US$ 8 billion - together with ExxonMobil... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 09/28/21, informs that it has signed the Instrument of Acceptance provided for in the contract and transferred, this Saturday (12/04), the operation of the Bahia Liquefied Natural Gas Regasification Terminal (TR-BA) to Excelerate Energy Comercializadora de Gás Natural (Excelerate). The agreement was signed... Continue Reading →
The national production of oil and natural gas in October totaled 3,606 MMboe/d (million barrels of oil equivalent per day), with 2,777 MMbbl/d (million barrels daily) of oil and 132 MMm3/d (million cubic meters) of natural gas. There was a 7.4% reduction in oil production compared to the previous month and 3.3% compared to October... Continue Reading →
With the increase in the activity of thermoelectric plants in 2021, Wilson Sons registered in the last 10 months a record of ship-to-ship operations (STS). The Company's towage unit operated in more than 15 operations to transfer liquefied natural gas (LNG) from gas tankers to Floating Storage Regasification Units (FSRU): most of which took place... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 05/11/2021, informs that, after resuming negotiations with Proquigel Química S.A., a subsidiary of Unigel Participações S.A., for the leasing of the TermoCamaçari Thermal Power Plant (UTE TermoCamaçari), located in the State of Bahia, the negotiation was successfully concluded and the asset lease agreement... Continue Reading →
Brazil Energy Insight 