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JAN 21, 2020 Ministry of Mines and Energy (MME) denied that the auction of the remaining areas of the Transfer of Rights (Sépia and Atapu) is being postponed to 2021. This is because the event had not yet a defined date and is being studied by technicians. The information was passed on to PetroNotícia by... Continue Reading →
Brazil will start discussions on joining the Organization of the Petroleum Exporting Countries during a visit to Saudi Arabia in July, its energy minister Bento Albuquerque said on Wednesday. “I have a visit to Saudi Arabia in the middle of this year, then we can start the discussion,” Albuquerque told Reuters, adding that Brazil’s membership... Continue Reading →
January 21, 2020 Petróleo Brasileiro S.A. – Petrobras reports that the Higher Chamber of the Administrative Tax Appeals Council (CARF) issued today an unfavorable decision, by a casting vote, on an administrative tax proceeding which deals with the collection of PIS/COFINS - Import tax regarding remittances abroad for the payment of charters contracts in the... Continue Reading →
BP signed an agreement with Angola aimed at acquiring oil further exploration rights, state news agency Angop reported, the latest in a flurry of agreements between oil majors and Africa's second-biggest exporter. The deal with the country's petroleum regulator ANPG defines the terms for a risk-sharing contract on offshore oil block 18/15 and was signed... Continue Reading →
Oil and gas companies are facing a critical challenge as the world increasingly shifts towards clean energy transition, and failure to address growing calls to reduce greenhouse gas emissions could threaten their long-term social acceptability and profitability, the International Energy Agency said Tuesday. The oil and gas industry now needs to make clear what clean... Continue Reading →
Jan 20, 2020 The government will reduce the value of the signature bonus or decrease the percentage of oil sharing with the Union required in the Sépia and Atapu fields, in the pre-salt, informs the Special Secretary of Finance, Waldery Rodrigues. The two fields did not receive offers at the auction for the transfer of... Continue Reading →
Jan 18, 2020 This Saturday the 18th , a fire outbreak temporarily interrupted production on the P-76 platform. Petrobras, through its press office, informed the resumption of the operation. The P-76 is in the Búzios field, in the Santos Basin pre-salt, considered one of the most promising in Brazil. The unit has an installed capacity... Continue Reading →
Jan 17, 2020 The letter of resignation of Décio Oddone from the position of director general of the ANP, released on Wednesday (1/15), surprised the market and opened a new race for the vacancy. The executive previously communicated the decision only to a select group of friends - even before the other directors of the... Continue Reading →
Jan 17, 2020 Cosan has applied for a license to build the second stage of the Rota 4 gas pipeline. The project will increase the transport capacity of gas production from the pre-salt fields, according to a document published by IBAMA. Cosan wants to build the 313 km pipeline that will connect the Carcará and... Continue Reading →
Jan 17, 2020 The ANP approved the resolution that deals with the procedures to control oil and natural gas burns and losses in E&P activities. The regulation revises ANP Ordinance No. 249/2000 and includes definitions of cases classified as ordinary burns, exempt from prior authorization, and procedures for authorization and validation of extraordinary burns. The... Continue Reading →
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