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Petróleo Brasileiro S.A. – Petrobras, following up on the releases disclosed on 06/30/2021 and 07/05/2021, informs that today it concluded the sale of its entire stake in seven concessions denominated Alagoas Cluster, located in the state of Alagoas, to the company Origem Energia S.A (former Petro+). The operation was concluded with the payment of US$... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that today it expressed to the National Energy Policy Council (CNPE) the interest in the right of first refusal in blocks to be bid in the Permanent Offer System, under the Production Sharing Agreement, pursuant to Law 12,351/2010 and Federal Decree 9,041/2017. The company's Executive Board approved the expression... Continue Reading →
Natural gas production in 2021 set a record, having reached an average production of 134 MMm3/d (millions of cubic meters per day), a growth of 5% compared to the previous year, when the average was 127 MMm3/d. The average oil production was 2.905 MMbbl/d (million barrels per day), a decrease of 1.18% compared to the... Continue Reading →
(Reuters) - An oil production vessel exploded off the coast of Nigeria early on Wednesday with 10 crew members on board though it was not yet clear if there were any casualties or how much crude might have spilled into the sea. Nigeria's Shebah Exploration & Production Company Ltd (SEPCOL) said in a statement on... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the releases disclosed on 11/22/2016, 03/21/2018 and 12/09/2021, informs that it received today from Equinor Brasil Energia Ltda. (Equinor) the amount of US$ 475 million, equivalent to half of the third installment related to the sale of its stake in the exploratory block BM-S-8, where is located... Continue Reading →
3R PETROLEUM ÓLEO E GÁS S.A. (“3R” or “Company”), in compliance with provisions of article 12 of CVM Resolution No. 44, communicates to its shareholders, investors and the market in general that received, on this date, notification from Starboard Asset LTDA. (“Starboard” or “Manager”), manager of 3R Petroleum Fundo de Investimento em Participações Multiestratégia (“FIP... Continue Reading →
(OE) Peru Environment Minister Ruben Ramirez said on Monday the government will temporarily suspend Repsol's offshore oil unloading operations following a spill of over 10,000 barrels that has caused widespread environmental damage. Ramirez said the suspension of operations would last until the company "can offer technical guarantees that another spill will not happen." "In addition,... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 01/28/2022, informs that it signed today with the company 3R Potiguar S.A., a wholly owned subsidiary of 3R Petroleum Óleo e Gás S.A., a contract for the sale of the totality of its stake (100%) in a set of 22 concessions of onshore... Continue Reading →
(epbr) Projects for wind power generation in Brazilian waters add up to 80 gigawatts (GW) of power, according to January 27 data from Ibama. The growth is significant compared to last year – in July, the projects totaled 42 GW. The amouint is almost four times the current installed capacity of onshore projects in Brazil,... Continue Reading →
3R PETROLEUM ÓLEO E GÁS S.A. (“3R” or “Company”) (B3: RRRP3), communicates to its shareholders, investors and the market in general that Petróleo Brasileiro S.A. (“Petrobras”) sent a notification to the Company informing that its Board of Directors approved, on today's date, the sale to 3R Potiguar S.A. (“3R Potiguar” ), a subsidiary of the... Continue Reading →
Brazil Energy Insight 