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(Reuters) - Mexico is looking to renegotiate some of its hundreds of millions of dollars-worth of contracts with Vitol SA after the global energy trader acknowledged paying kickbacks to win business with state oil company Pemex, Reuters has learned. The dispute in Mexico, the world’s fourth-largest importer of refined oil products, is part of the... Continue Reading →
Equinor, together with license partners Repsol Sinopec and Petrobras, has approved the development concept for BM-C-33, a gas/condensate field located in the Campos Basin pre-salt in Brazil. Equinor is the operator of the block with a 35 per cent interest with Repsol Sinopec and Petrobras as partners with 35 per cent and 30 per cent... Continue Reading →
Siemens Energy said Friday it had won a contract with Malaysian MISC to deliver eight complete topside modules for an FPSO MISC is building for deployment in South America. According to Siemens Energy, its topside modules "will provide sustainable, efficient, and environmentally friendly power generation, transmission, and distribution, as well as gas processing and compression"... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that it has re-submitted today the Distance Voting ballots for its Extraordinary General Meetings of April 12 (EGM) and Annual General Meetings of April 14 (AGM) with the following changes:Distance Voting ballot – EGM of April 12 (i) Inclusion of Pedro Rodrigues Galvão de Medeiros, as a candidate... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, pursuant to CIRCULAR LETTER/CVM/SEP/No.01/2021, reports that it has received the nomination of candidate Pedro Rodrigues Galvão de Medeiros for the Board of Directors, in case multiple voting process is adopted. Board of Directors election will take place at the Extraordinary General Meeting of April 12, 2021. The candidate was nominated... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, pursuant to CIRCULAR LETTER/CVM/SEP/No.01/2021, reports that it has received from holders of common shares the nomination of candidates for the Fiscal Council, whose election will take place at the Annual General Meeting of April 14, 2021. Candidates nominated by shareholders FIA Dinâmica Energia and Banclass FIA: Below is an excerpt... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 12/23/2020, informs the beginning of the binding phase, referring to the sale of all of its stakes in a set of 28 onshore production field concessions, located in the Recôncavo and Tucano Basins, in the state of Bahia, jointly called the Bahia Terra... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras clarifies that it inquired its controlling shareholder, through the Ministry of Mines and Energy (MME), to which the company is linked under Law 9. 478/1997, about the existence of information that should be disclosed to the market, under the terms of CVM Instruction 358/2002, in view of pieces of news... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras announces that it has approved, together with its partners Equinor and Repsol Sinopec Brasil, the development concept for block BM-C-33, operated by Equinor, located in the pre-salt layer of the Campos Basin, in the state of Rio de Janeiro. The block is about 200 km offshore and has water... Continue Reading →
3R Petroleum Oil and Gas recorded a loss of R$ 147.5 million in the fourth quarter of last year. With the result, the company recorded a total net loss of R$ 172.3 million in 2020. With regard to net revenue, the company recorded R$ 85.2 million in the fourth quarter, with a value of R$... Continue Reading →
Brazil Energy Insight 