4.10.2017 Stock Exchange Notice Oslo, October 4, 2017: Scatec Solar ASA (SSO) and Statoil ASA (STL) have agreed to establish a 50/50 Joint Venture to build, own and operate large scale solar plants in Brazil. The Joint Venture has an ambition to become a significant player in the Brazilian solar market. "The potential for solar energy... Continue Reading →

When private drillers struck oil off Mexico’s coast this year, they didn’t anticipate sharing it with the state oil company. It looks like they’ll have to. The discovery of as much as 2 billion barrels in July, by a group led by Houston-based operator Talos Energy LLC, grabbed the oil world’s attention. Mexico’s energy reformers celebrated. It was... Continue Reading →

Brazilians may be a year away from voting for their next president, but investors are already plenty worried. Measures of implied volatility for the currency show traders pricing in big swings around the October 2018 vote, even as calm pervades in the near term. The split has taken the ratio between one-year and six-month implied... Continue Reading →

Rio de Janeiro, October 4, 2017 - Petróleo Brasileiro S.A. – Petrobras, further to the Press Release disclosed on 09/08/2017, informs the start of the non-binding phase regarding the assignment of all of its exploration, development and production rights in seven sets of shallow-water fields located in the States of Ceará, Rio Grande do Norte,... Continue Reading →

Brazilian federal Judge Sérgio Moro on Monday said the Car Wash probe, Brazil’s largest ever corruption investigation, is nearing completion in the southern city of Curitiba, where it started in 2014. “There are still investigations under way, but a large part of the work has been done,” Moro told reporters in Sao Paulo after a... Continue Reading →

The Australian mining giant, which last year won rights to partner with state-owned Pemex in the Gulf of Mexico’s Trion field, hopes to have a drilling rig contracted this year and to spud two wells in the second half of 2018, Steve Pastor, BHP’s petroleum president, said Monday in an interview in Mexico City. Trion, which Pemex estimates to hold... Continue Reading →

Brazil’s 2018 presidential race remains wide open as half a dozen potential contenders across the political spectrum stand a chance to win the country’s top job, opinion polls show. After years of recession, political crisis and corruption scandal, Brazil’s electorate is deeply divided with former President Luiz Inacio Lula da Silva of the leftist Workers’... Continue Reading →

EL DORADO -- Murphy Oil Corporation has announced that its wholly owned Brazilian subsidiary, Murphy Brazil Exploração E Produção De Petróleo E Gás Ltda. (Murphy), has entered into a farm-in agreement with Queiroz Galvão Exploração e Produção S.A. (QGEP) to acquire a 20% working interest (WI) in Blocks SEAL-M-351 and SEAL-M-428, located in the deepwater... Continue Reading →

Rio de Janeiro, September 28, 2017 - Petróleo Brasileiro S.A. – Petrobras, further to the Material Fact disclosed on 7/11/2017, reports that its Board of Directors (BD) authorized, in a meeting held yesterday, the filing of a formal request for registration of an initial public offering and  for registration of Petrobras Distribuidora S.A. (BR) as... Continue Reading →