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Aug 27 (Reuters) - Brazil's oil export tax was thrown into uncertainty on Thursday after a local court ordered the suspension of the levy while the government's foreign trade chamber approved extending it for another 60 days. The conflicting moves leave the future of the 12% tax, which is being challenged by oil companies, unclear... Continue Reading →
Aug. 27(businesstimes.com.sg) Brazilian oil giant Petrobras and offshore and marine player Seatrium are discussing a potential tie-up to explore offshore solutions in natural gas, said Magda Chambriard and Chris Ong, the respective CEOs of Petrobras and Seatrium. They were speaking at a media briefing following the christening ceremony for two floating production storage and offloading... Continue Reading →
Rio de Janeiro, August 27, 2026 – Petróleo Brasileiro S.A. – Petrobras announces that its wholly-owned subsidiary Petrobras Global Finance B.V. (“PGF”) has delivered notices of redemption to the holders of the outstanding 5.999% Global Notes due 2028 (the “Notes”). The redemption date for the Notes will be September 25, 2026 (the “Redemption Date”). The... Continue Reading →
Aug. 27 (OE) Singapore's Seatrium is preparing for the sailaway of two floating production, storage and offloading (FPSO) units for Brazil's Petrobras, with the P-80 and P-82 vessels scheduled to depart within weeks of each other. The two vessels were marked at a christening ceremony at Seatrium's Tuas Boulevard Yard in Singapore and will head... Continue Reading →
Aug. 26 (PN) -The Buzios field, located in the pre-salt layer of the Santos Basin, set a new record for natural gas exports in July. During that period, the asset reached an average of 10.8 million cubic meters per day, underscoring the expansion of production destined for the Brazilian market and the operational reliability of... Continue Reading →
Aug. 26 (OE) Petrobras has signed a two-year contract for the Normand Valiant construction support vessel (CSV), owned by Solstad Maritime (SOMA). The contract is expected to start in fourth quarter 2026 in direct continuation of the current agreement and subsequent class renewal. The vessel will provide accommodation services to support production activities on the... Continue Reading →
Aug. 24 (PN) Petrobras's board met last week and reached a decision that could alter the course of one of the sector's most anticipated projects. Due to discussions surrounding the "gas release" program, the company deemed it prudent to hit the brakes and reevaluate the export pipeline project for the Sergipe Deepwater (SEAP) development, anccording... Continue Reading →
Aug. 23 (oilprice.com) Mexico’s state oil firm Pemex and Brazil’s national oil company Petrobras are joining efforts and expertise to drill prospects in Mexican waters in the Gulf of Mexico, hoping to unlock huge oil resources from source rock formations that are miles deeper and eight times older than the currently producing formations in the... Continue Reading →
Aug 21 (Reuters) - Brazil's oil discovery in an exploratory well in a controversial offshore frontier off the Amazon coast last week has handed President Luiz Inacio Lula da Silva a fresh boost for his reelection campaign, helping him burnish his pro-development credentials in a region that could prove crucial in electing a friendly Senate.... Continue Reading →
Rio de Janeiro, August 21, 2026 – Petróleo Brasileiro S.A. – Petrobras informs that it has submitted an expression of interest in exploration blocks located in offshore areas of the Keta Basin, in Ghana, a country on the west coast of Africa. The Ministry of Energy and Green Transition of Ghana has approved the application... Continue Reading →
Brazil Energy Insight 