Brazil oil exports hit new record in February

Thu Mar 2, 2017  Brazilian oil exports hit their second consecutive record in February, with shipments almost double the level of the same period in 2016, as new offshore production continues to come on stream, government data showed on Thursday. Oil exports rose to 6.23 million tonnes (roughly 45.7 million barrels), 94 percent higher than... Continue Reading →

Total and Petrobras seal their Strategic Alliance through the signature of definitive contracts

Rio de Janeiro, Paris, March 1st, 2017 – Petrobras and Total inform that they have signed yesterday definitive contracts in relation to the package of assets contemplated in the Strategic Alliance, as defined in the 21st of December,2016 Agreement. The contracts signed yesterday seal the Strategic Alliance between the two companies creating new partnerships in... Continue Reading →

Petrobras and Total

  The relationship between Petrobras and Total could not be better. They are already discussing new investments under their MOU Agreement announced at the end of last year, in the order of US $ 2.2 billion. The additional contributions would mainly be in the Libra field where the overall cost estimates have already fallen by... Continue Reading →

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