Sept 10, 2020 The agency announced today the name of Raphael Moura as its new interim director general. Currently occupying a role in the superintendence of the ANP, Moura will assume the new role from next Monday (14), replacing José Gutman, who had occupied the post since March 28. The new director general of ANP... Continue Reading →
PETRO RIO MATERIAL FACT – OFFERING OF SENIOR NOTES
September 10, 2020 Petro Rio S.A. (“Company” or “PetroRio”) (B3: PRIO3), in compliance with the provisions of Law No. 6,404, of December 15, 1976, as amended, and the Securities and Exchange Commission (“CVM”) Instruction No. 358, of January 3, 2002, as amended, informs its shareholders and the market in general of a proposed offering of... Continue Reading →
Snam, Saipem to Jointly Pursue Energy Transition Tech
Sept 10, 2020 Offshore energy services provider Saipem and gas grid operator Snam have signed an agreement to work together on energy transition technology. Under the memorandum of understanding signed, the two Italian companies will jointly work on green hydrogen and carbon capture initiatives, "with the aim of fighting climate change and contributing to the... Continue Reading →
Elliott attempting to prevent Chevron’s takeover of Noble Energy
September 10, 2020, by Bojan Lepic Paul Singer’s investment management firm Elliott Management will push for Noble Energy to abandon plans to sell itself to oil major Chevron, believing that the deal undervalues the oil and gas producer. Paul Singer; Source: Elliott Bloomberg said in an article on Wednesday, quoting people familiar with the matter, that Elliott... Continue Reading →
BP Buys into Equinor’s U.S. Offshore Wind Business for $1.1B
Sept 10, 2020 Norwegian company Equinor and the British oil giant BP have entered into a strategic partnership to develop offshore wind projects in the US. Under the agreement, BP will buy a 50% stake in Equinor's Empire Wind and Beacon Wind assets on the US east coast for a total consideration before adjustments of... Continue Reading →
Petrobras on S-10 Diesel and LPG record
September 9, 2020 Petróleo Brasileiro S.A. – Petrobras informs that, for the third month in a row, it has broken the production record of S-10 Diesel, low-sulfur diesel. In August, the company's refineries processed 1.84 million m³ of the product, a volume slightly higher than in July, when it reached 1.81 million m³, and 15%... Continue Reading →
Petrobras returns to the World Economic Forum’s anti-corruption initiative
September 9, 2020 Petróleo Brasileiro S.A. – Petrobras informs that it has again become a signatory to the anti-corruption initiative Partnering Against Corruption Initiative (PACI) of the World Economic Forum. PACI is the leading international anti-corruption organization with compliance officers from large multinationals, international organizations and governments. The initiative acts as a global platform for... Continue Reading →
SECOND OF FOUR RELIEF VESSELS ORDERED FOR THE BÚZIOS FIELD IS IN OPERATION
Sept 9, 2020 Eagle Paulínia, the second of the four new vessels that are being added to Petrobras' relief fleet in 2020, carried out the first relief operations in Búzios, in the Santos Basin, and concluded its first operational cycle. In the last week of August, the vessel carried out two offloadings - oil transfer... Continue Reading →
SCHLUMBERGER, IBM AND RED HAT AGREE ON DIGITALIZATION PARTNERSHIP FOR THE OIL AND GAS SECTOR
Sept 9, 2020 Schlumberger, IBM and Red Hat have announced that they will collaborate to accelerate the digital transformation in the oil and gas industry. Through the partnership, the companies will provide global access to the cloud exploration and production (E&P) environment and cognitive applications from Schlumberger, which uses IBM hybrid cloud technology, developed on... Continue Reading →
Hess CEO ‘Optimistic’ new Guyana Gov’t Will Approve Payara Project Soon
Sept 9, 2020 Hess Corp's chief executive on Wednesday said he is optimistic the recently elected government of Guyana will issue by the end of September a production license for the third phase of a major offshore oil project. The South American nation has become one of the most important new oil and gas discoveries in the... Continue Reading →