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(Reuters) - There were no counter-offers for oil and gas blocs in Colombia's latest licensing round, but contracts for 30 blocs which received bids will be signed in the coming days, the government said on Thursday. The oil and gas industry is a major source of income and foreign exchange for Colombia and the government... Continue Reading →
(OE) Africa needs harmonized oil legislation to avoid ruinous competition among its oil-producing nations as they vie for investors, Senegal's President Macky Sall told an oil conference on Thursday. Sall said that as some developed nations push for an end to investments in fossil fuels, particularly gas, African countries needed to attract partners who are financially and technically reliable with... Continue Reading →
An offshore oil block in Ivory Coast controlled by Eni is expected to enter production in the second quarter of 2023 with daily output of 12,000 barrels of oil and 17.5 million cubic feet of gas, the Ivorian government said on Wednesday. Production will then ramp up in 2026 to between 75,000 and 100,000 barrels... Continue Reading →
(PetroNoticias) Petrobras can start the first operational tests to receive natural gas coming from the pre-salt at Gaslub, the former Comperj. The National Petroleum Agency (ANP) has already given the green light and authorized the start of these operations. After this phase, the tests of systems that will use natural gas to generate steam for... Continue Reading →
(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 →
Brazil Energy Insight 