Global Offshore Brazil Summit invites you to be a part of one of the industry’s most respected technical programs; submit your abstract today! 3-4 March, 2020 Grand Hyatt Rio Abstract Details here Exhibition Information Sponsorship Opportunities The Global Offshore Brazil Summit: Engages key members of the Deepwater oil and gas community by providing a stage for... Continue Reading →
PetroRio chief financial officer resigns
The executive director of Brazilian oil and gas company PetroRio has resigned from his positions within the firm. PetroRio said on Thursday that Blener Braga Cardoso Mayhew resigned several positions within the company due to personal reasons. At a meeting held on August 8, PetroRio’s board of directors accepted his resignation, and left his duties... Continue Reading →
With the opening of the gas market, Siemens analyzes 26 natural gas projects in Brazil
Aug 9, 2019 The opening of the natural gas market in Brazil, announced in July, makes giants like Siemens move to gain space in the energy sector. In an innovation event the German multinational announced that it is analyzing 26 thermoelectric projects in Brazil, such as the Port of Açu in Rio de Janeiro, and... Continue Reading →
PetroRio | July 2019 Operational Data
JULY 2019 Operational Data Rio de Janeiro, August 9, 2019 - Petro Rio S.A. ("Company" or "PetroRio") (B3: PRIO3), following best practices in corporate governance and transparency, informs its preliminary and non-audited Operational Data for the month of July. 1 - Accounts for the daily average of the 6-day period in which PetroRio operated the... Continue Reading →
Petrobras keeps top grade on Governance Indicator
August 9, 2019 Petróleo Brasileiro S.A. - Petrobras reports that it has achieved, for the fourth time in a row, top grade in all dimensions in the 4th Cycle of the Governance Indicator Certification (“IG-SEST”), prepared by the Secretariat of Coordination and Governance of StateOwned Enterprises - SEST, of the Ministry of Economy. The company... Continue Reading →
Rystad sees downside risk to 2020 oil prices due to excessive supply growth
Oil market is going from gloomy to gloomier, according to a Friday report by the Norwegian energy intelligence firm, Rystad Energy. “Recent developments in the oil market have sent cold shivers through Rystad Energy’s oil market team, calling into question our short- bullish view for the first part of 2020 linked to the new IMO... Continue Reading →
PETRORIO – CHANGES IN SENIOR MANAGEMENT POSITIONS
MATERIAL FACT CHANGES IN SENIOR MANAGEMENT POSITIONS Rio de Janeiro, August 8, 2019 - Petro Rio S.A. ("Company" or "PetroRio") (B3: PRIO3), in compliance with article 157 of Law 6404/1976, CVM instruction 358/2002, and article 26 of the Novo Mercado Regulation, announces to its shareholders and the market in that Mr. Blener Braga Cardoso Mayhew... Continue Reading →
Brazil police again arrest Eike Batista, once Brazil’s richest man
Police in Brazil on Thursday arrested Eike Batista, the charismatic mining and oil magnate who was once Brazil’s richest man, on suspicion of money laundering and “capital market manipulation.” In a statement, police said they arrested the eccentric former billionaire at his home in Rio de Janeiro. They were also seeking to arrest one other... Continue Reading →
GeoPark Reports Second Quarter 2019 Results
GeoPark Limited (“GeoPark” or the “Company”) (NYSE: GPRK), a leading independent Latin American oil and gas explorer, operator and consolidator with operations and growth platforms in Colombia, Peru, Argentina, Brazil, Chile and Ecuador reports its consolidated financial results for the three-month period ended June 30, 2019 (“Second Quarter” or “2Q2019”). A conference call to discuss... Continue Reading →
SBM Offshore 2019 Half-Year Earnings
SBM Offshore 2019 Half-Year Earnings August 8, 2019 Highlights US$6.3 billion order intake year-to-date, driving a 36% backlog increase Contracted cash flow from Lease and Operate fleet provides visibility up to 2045 Four major projects under execution in Turnkey, including three FPSOs, of which two based on Fast4Ward® 2019 Directional[1] revenue guidance increased to “above... Continue Reading →