Petróleo Brasileiro S.A. – Petrobras informs that, in alignment with its ongoing contingency assessment process, it signed an agreement today in the scope of the three public civil actions investigating environmental damage resulting from the leakage of the Santa Catarina - Paraná (OSPAR) oil pipeline, which occurred on July 16, 2000, in the city of... Continue Reading →
Stronger Storms Test Aging U.S. Offshore Oil Platforms and Pipelines
(OE) Stronger hurricanes threatening the U.S. Gulf Coast energy hub are elevating the risks of oil spills from damage to area refineries, oil platforms and subsea pipelines, say experts. On Monday, the U.S. Coast Guard said it was investigating nearly 350 reports of spills in and along the Gulf after Hurricane Ida hit. Federal and state agencies... Continue Reading →
EIG Global Energy Partners submits offer for Petrobras pipelines in Brazil, source says
(Reuters) - U.S. private equity firm EIG Global Energy Partners submitted a binding offer worth several hundred million dollars on Monday for Petrobras' TBG and TSB natural gas pipelines in Brazil, a source with direct knowledge of the matter told Reuters. Petroleo Brasileiro SA (PETR4.SA), as Brazil's state-run oil company is formally known, put its stakes... Continue Reading →
Petrobras clarifies about pieces of news in the media
Petróleo Brasileiro S.A. – Petrobras clarifies pieces of news in the media about the supply of natural gas for electric power generation. The company clarifies that it has expanded the supply of fuel for thermal power plants, which allowed to increase, between September 2020 and June 2021, the thermoelectric power generation of its plants and... Continue Reading →
Petrobras on scheduled stoppage of Mexilhão and Route 1
Petróleo Brasileiro S.A. – Petrobras, following up the release disclosed on 06/04/2021, informs that the scheduled stoppage of 30 days for maintenance of the Mexilhão platform and the Route 1 gas pipeline, which transports the natural gas produced in Mexilhão and other platforms in the pre-salt and post-salt areas of the Santos Basin, will be... Continue Reading →
PETROBRAS LAUNCHES TENDER FOR THE PROVISION OF GOODS AND SERVICES FOR ONSHORE SECTION OF ROUTE 3
(PetroNoticias) In preparations for the start of operation of the long-awaited Route 3 gas pipeline, Petrobras launched a new nationwide tender for the provision of services and supply of goods involving the onshore stretch of the line. The activities involve commissioning, pre-operation, departure and assisted operation of the onshore portion of Route 3. The bidding... Continue Reading →
PLATFORM P-76 IN BUZIOS SENDS GAS TO THE CONTINENT
(PetroNoticias) The P-76 platform is the second production unit in the Buzios field, in the Santos Basin, to send natural gas to the continent. The activity started in June and announced today by Petrobras. The operation began after the interconnection of the ship-platform to the gas pipeline known as Rota 2, which transports production to... Continue Reading →
Petrobras Reaps $2.3 Billion in Latin America’s Top Share Sale
(Bloomberg) -- Brazil’s Petroleo Brasileiro SA is said to have raised about $2.3 billion in the biggest share sale in Latin America so far this year. Petrobras, as the company is known, shed its remaining stake in fuel distributor Petrobras Distribuidora SA in an offer that priced at 26 reais ($5.23) a piece, people familiar... Continue Reading →
Petrobras announces public offering of Petrobras Distribuidora (BR)’s shares
Petróleo Brasileiro S.A. – Petrobras, in continuity with the material facts dated as 8/26/2020 and 6/11/2021, informs its shareholders and the general public that, it filed the registration statement with the Brazilian Securities Commission (CVM) on the date hereof of the secondary public offering of common shares issued by the Petrobras Distribuidora S.A. (BR) and... Continue Reading →
Petrobras on stake in BR Distribuidora
Petróleo Brasileiro S.A. - Petrobras, following up on the release disclosed on August 26, 2020, informs that it sent today to Petrobras Distribuidora S.A. (BR) a letter requesting cooperation to implement the secondary public offering (follow on) for the sale of its remaining 37.50% interest in the capital stock of that company whose execution will... Continue Reading →
Brazil Energy Insight 