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(Reuters) - Brazil's 2022 general elections will not influence the fuel pricing policy of Petrobras, the chief executive of the state-run oil company told Reuters on Thursday. Petroleo Brasileiro SA (PETR4.SA), as the company is formally known, officially sets domestic fuel prices in line with international prices, although it allows a brief decoupling when global prices... Continue Reading →
3R PETROLEUM ÓLEO E GÁS S.A. ("3R" or "Company") (B3: RRRP3), in compliance with the provisions of CVM Resolution No. 44, communicates to its shareholders and the market in general that received from the Northeast Development Superintendence (“SUDENE”), an agency linked to the Ministry of Regional Development, through Constitutive Report No. 0285/2021, the approval for... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, as the operator of Consortia BM-SEAL-4 and BM-SEAL-11, and the sole owner of the rights to the BM-SEAL-4A and BM-SEAL-10 Concessions, informs that it submitted today to the National Agency of Petroleum, Natural Gas and Biofuels (ANP), the declarations of commerciality of the oil accumulations located in the areas of... Continue Reading →
(PetroleoHoje) Ventura (Petroserv) will secure two new charter contracts with Petrobras in January. The oil company decided to hire the semi-submersible Victoria and the drillship Carolina, offered in the tender for 2,400 m. The rig company won the batch B bidding process, aimed at chartering units without MPD. The rates presented by Ventura were around... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras informs that it was notified, on this date, of preliminary decisions rendered by the Court of Justice of the State of Rio de Janeiro that determined the maintenance of the conditions of the contracts entered into between Petrobras and state distributors (CEG and CEG RIO), which will expire on 12/31/2021,... Continue Reading →
Brazil has always pushed the boundaries of deepwater exploration and production – and it’s still doing so today. With some of the world’s largest deepwater reservoirs, that are often complex in themselves, it’s had to come up with new solutions. Elaine Maslin found out more from André Lima Cordeiro. (OE) Petrobras has often led the... Continue Reading →
(OM) Brazilian oil and gas giant Petrobras and its partners have submitted a revised development plan to the National Petroleum Agency, Natural Gas and Biofuels (ANP) for Tupi and Iracema fields – located offshore Brazil – in a bid to increase the recovery of hydrocarbons from the area. Petrobras reported on Wednesday that it has submitted the review of... Continue Reading →
(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 →
