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(Reuters) - Courts in four Brazilian states have suspended a 50% hike in natural gas prices planned by state-run oil company Petrobras, likely kicking off an intense legal battle between the firm, the distributors that buy its fuel and various political authorities. In a note on Tuesday night, the company, formally Petroleo Brasileiro SA (PETR4.SA), said... Continue Reading →
(Reuters) - Brazilian state-run oil company Petrobras significantly increased the amount of carbon dioxide it re-injected into its offshore oilfields in 2021, a major step forward in the firm's emission-reduction goals. According to a release provided by Petrobras, formally Petroleo Brasileiro SA (PETR4.SA), the company re-injected 6.7 million tonnes of carbon dioxide produced in the oil... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras, following up on the release disclosed on 08/27/2020, informs that it concluded today the sale of all of its stakes in 27 onshore exploration and production concessions, located in Espírito Santo, jointly denominated Cricaré Cluster to Karavan Seacrest SPE Cricare, a company in which Karavan O&G Participações e Consultoria Ltda.... Continue Reading →
(Reuters) - Brazilian state-run oil company Petrobras has partnered with fuel distributor Vibra Energia SA (VBBR3.SA) to test its new renewable diesel made partly from edible oils, it said in a statement on Tuesday. Petroleo Brasileiro SA (PETR4.SA), as the company is formally known, said the fuel will be tested starting next month by fleet owner Auto Viacao... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras, following up on the releases disclosed on July 09, 2021 and August 09, 2021, informs that today it signed a contract with Aguila Energia e Participações Ltda (Aguila) for the assignment, together with Sonangol Hidrocarbonetos Brasil Ltda (Sonangol), of the total interest of both companies in the onshore exploratory block... Continue Reading →
Norwegian offshore vessel operator Solstad Offshore ASA announced on Monday it has been awarded a new contract with Petróleo Brasileiro S.A. (Petrobras) for the 80.4-meter anchor handling tug supply vessel (AHTS) BOS Turquesa. The contract is three years firm, with options thereafter, for supporting exploration and production activities in Brazilian continental shelf. The 2007-built anchor... Continue Reading →
Petróleo Brasileiro SA – Petrobras, in compliance with Article 12 of CVM Resolution No. 44, of 08/23/2021, informs that it was communicated by Goldman Sachs & Co. LLC, a subsidiary of The Goldman Sachs Group, Inc., by Goldman Sachs International, and other subsidiaries of The Goldman Sachs Group, Inc., namely Goldman Sachs do Brasil Banco... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that its Board of Directors, in a meeting held today, approved the dismissal of Nicolás Simone and elected Juliano de Carvalho Dantas as Chief Digital Transformation and Innovation Officer, who will take office on 01/01/2022. Juliano de Carvalho Dantas studied mechanical engineering at UFRN (Federal University of Rio Grande... Continue Reading →
Rio de Janeiro, December 23, 2020 - Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 02/19/2021, informs that it signed today with Carmo Energy S.A. a contract for the sale of all its stakes in a set of 11 concessions of onshore production fields, with integrated facilities, located in the state... Continue Reading →
Ocyan signed a new contract with Petrobras to provide construction and assembly services on platforms P-09, P-26, P-32, P-33 and P-37, all in the Campos Basin. The contract takes effect in early 2022 and is valid for three years, renewable for a further 640 days. Initially, more than 200 vacancies will be opened for different... Continue Reading →
Brazil Energy Insight 