International Energy Majors Interested In Colombia’s Offshore Gas

(OP) International oil and gas majors, including UK-based Shell and Brazil’s Petrobras, have shown interest in expanding their participation in natural gas projects offshore Colombia, Ricardo Roa, the head of Colombia’s state energy firm Ecopetrol, has told Bloomberg in an interview. Colombia’s Caribbean coast has several promising offshore gas projects and recent deepwater discoveries have raised the... Continue Reading →

Petrobras signs contract with Porto do Açu to boost the sustainable decommissioning of platforms

Petrobras signed a contract with Porto do Açu to support the decommissioning of oil and gas production platforms. The agreement provides for the provision of dock space for the temporary docking of production units undergoing decommissioning, until the final destination of the unit is defined, in accordance with the best international practices in green recycling... Continue Reading →

Petrobras-Mubadala partnership may open door to refinery deal, say sources

(Reuters) - Brazilian state-run oil firm Petrobras (PETR4.SA) remains eager to repurchase a refinery from Abu Dhabi state investor Mubadala despite antitrust barriers, and a new biofuels partnership could open the door to future talks, two sources told Reuters. Petrobras on Monday announced a memorandum of understanding with Mubadala for potential investment in a biofuel refinery under development in... Continue Reading →

Petrobras signs agreement on biofuels

Petróleo Brasileiro S.A. – Petrobras informs that it has signed a memorandum of understanding with MIC Capital Partners (Brazil Strategic Opportunities), a Multi-strategy Equity Investment Fund of the Mubadala Capital Group, to develop studies covering future business in the downstream segment, with emphasis on evaluating Petrobras' participation in a biorefining project. The Mubadala Capital Group... Continue Reading →

Petrobras informs about asset divestments

Petróleo Brasileiro S.A. – Petrobras, following up on the releases disclosed on 03/01/2023, 03/17/2023, 03/29/2023 and 04/03/2023, informs that its Executive Board, based on the new strategic elements approved by the Board of Directors, has adopted the following decisions regarding the respective divestment processes that had not yet reached the stage of signature of the... Continue Reading →

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