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Angola sees an oil production curb by OPEC, its allies and other top producers as insufficient to balance global markets, state news agency ANGOP quoted resources and petroleum minister Diamantino Azevedo as saying on Friday. "It is up to everyone to understand that, despite the measures taken by OPEC, oil producers in various countries should... Continue Reading →
In the midst of a pandemic, newly created Energy Platform (EnP) is qualifying as operator C to participate in the permanent auction of the National Agency of Petroleum, Natural Gas and Biofuels (ANP), which currently has 54 companies registered. This is the strategy set up by the company for the acquisition of onshore exploratory areas... Continue Reading →
Apr 24, 2020 The monthly bulletin on oil and gas production shows stability in volumes extracted in March compared to the previous month. According to data from the National Petroleum Agency (ANP), oil production in the period was 2.968 million barrels per day, a slight decrease of 0.12% compared to February. It is worth remembering... Continue Reading →
Apr 22, 2020 FCF Participações e Investimentos, minority partner at Porto Central, submitted to Ibama a project that foresees the construction of a natural gas treatment unit in Presidente Kennedy, in Espírito Santo. The enterprise will have the capacity to produce 36.2 million m³ / d of natural gas. The plan is to run the... Continue Reading →
More than 30 companies, including commodities traders like Gunvor and Vitol as well as units of oil majors like Exxon Mobil and Royal Dutch Shell, submitted expressions of interest for a contract to market the Guyanese government's share of the country's crude, the government said on Tuesday. The National Procurement and Tender Board administration unveiled... Continue Reading →
April 22, 2020 On April 20th, the ANP published, in a special edition of the Federal Official Gazette, ANP Resolutions 815/2020 and 816/2020. They establish new procedures to be adopted by companies operating in oil and natural gas exploration and production activities while the temporary measures to deal with the public health emergency resulting from... Continue Reading →
With crude prices collapsing, Mexico’s president says his country will shut down new wells in a move that comes just over a week after he almost wrecked a global oil deal by refusing to make deep output cuts. The country invested last year in drilling new wells, Andres Manuel Lopez Obrador said during his daily... Continue Reading →
Guyana has attracted interest from several oil trading companies for a contract to serve as the marketing agent for the government's share of the country's crude, despite a plunge in global prices, four people familiar with the matter said. Oil major Royal Dutch Shell and commodities traders Gunvor and Mercuria were among the companies that... Continue Reading →
Brazil's oil industry has requested 29 oilfields be mothballed so far, including 16 offshore and 13 onshore, with a total production of 65,000 barrels per day, as the sector struggles with lower demand amid the coronavirus outbreak, local regulator ANP said. Twenty of the oilfields expected to be mothballed are in the process of being... Continue Reading →
(Reuters) - Brazilian President Jair Bolsonaro has tapped Symone Araujo to lead the country’s oil regulator ANP, according to Friday’s official gazette. Araujo is currently director for natural gas at the Ministry of Mines and Energy. Her nomination still needs the Senate’s approval, and if confirmed she will replace Aurelio Amaral, whose mandate ended last... Continue Reading →
Brazil Energy Insight 