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3R PETROLEUM ÓLEO E GÁS S.A. ("3R" or "Company") (B3: RRRP3), pursuant to article 157, paragraph 4, of Law No. 6,404 and CVM Resolution No. 44, hereby informs its investors and the market in general that, due to the default of the financial obligations of Nova Técnica Energy Ltda. ("Nova Técnica") established within the scope... Continue Reading →
Petróleo Brasileiro S.A.- Petrobras informs that it was released today the new edition of its Climate Change Supplement. The document details information regarding Petrobras' emissions performance in 2023, in addition to progress in indicators of commitments related to climate change, including the company's progressive emissions reduction trajectory. One of the highlights is the 41% reduction... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the releases disclosed on 17/04/2024, informs that it has signed today contracts for the assignment of its entire stake in the Cherne and Bagre fields, located in shallow waters in the Campos Basin, to Perenco Petróleo e Gás do Brasil Ltda (Perenco). Production from the two fields... Continue Reading →
By Fernando Tamayo, Emissions Team Lead, Welligence Energy Analytics (OE) In recent years, the oil and gas industry has faced mounting pressure to address its environmental impact. This has led many companies to set decarbonization targets – we are tracking more than 460 targets set by independents, majors, and NOCs across the sector. However, achieving... Continue Reading →
(TN) Petrobras is the company in the global oil and gas market whose investment has grown the most. In 2023, the company practically doubled its investment effort, totaling US$ 21.4 billion between direct investments and assets related to the leasing of production units, compared to an amount of US$ 10.9 billion in 2022. -Petrobras has... Continue Reading →
Petrobras estimates investments of around US$ 73 billion in exploration and production activities and will allocate part of this investment to demands addressed to the naval and offshore industry, with actual construction opportunities in Brazil. The projects related to these demands include oil platforms, maritime support vessels, cabotage vessels, and the sustainable disposal of units.... Continue Reading →
(TN) EIG, a leading American global fund in the energy and infrastructure sectors, and Lake Capital Investimentos, the resource management division of Lakeshore Partners, focused on the energy and infrastructure sectors, announced to the market that they have completed the acquisition of Ocyan Partipações S.A. ( "Ocyan" or "Company"), a Brazilian provider of solutions for... Continue Reading →
(Reuters) - BP (BP.L), opens new tab said on Tuesday it expects first-quarter upstream production of both oil and gas as well as low-carbon energy to be higher than the previous three months. The London-listed oil major also expects strong results in oil and gas trading, along with a $100 million-$200 million boost from improved oil refining... Continue Reading →
(Reuters) BP is close to an agreement to sell some of its Trinidad and Tobago oil and gas assets to Anglo-French oil company Perenco, according to three people familiar with the talks. BP is Trinidad and Tobago's largest natural gas producer with an output of just over 1.3 billion cubic feet per day (bcfd), most... Continue Reading →
(PN) Enauta recorded total production of 745 thousand barrels of oil equivalent in March 2024 and more than 2.3 million barrels of oil equivalent in the first quarter of this year. The company's average production between January and March was 25,500 barrels of oil equivalent per day, an increase of approximately 70% compared to the... Continue Reading →
Brazil Energy Insight 