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Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 02/16/22, informs that today it started the binding phase regarding the sale of the entire 20% stake held by its subsidiary Petrobras America Inc. (PAI) in the company MP Gulf of Mexico, LLC. (MPGoM), located in Texas, USA, which owns offshore fields in... Continue Reading →
(OE) After many false starts, the U.S. offshore wind market is building strong roots for a solid future. But as the market develops from its current northeast and mid-Atlantic niche new opportunities and challenges arise. The U.S. offshore wind market has long been seen as not delivering on its significant potential. With an offshore wind... Continue Reading →
(epbr) White Martins, a supplier of industrial and medical gases, signed a Memorandum of Understanding (MoU) with Porto do Açu to assess the feasibility of producing green hydrogen at the port complex in São João da Barra (RJ). Under the terms of the agreement, Porto do Açu will carry out a study to collect data... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, in addition to the announcement made on April 12, 2022, announces that it has today completed the global bond repurchase offer made by its wholly-owned subsidiary Petrobras Global Finance B.V. (PGF). The following tables set forth the aggregate principal amount of Notes validly tendered and accepted for purchase in the... Continue Reading →
Enel Brasil and the Government of the State of Bahia signed a Memorandum of Understanding (M)U) to carry out feasibility studies on green hydrogen production projects by Enel Green Power Brasil, the renewable generation arm of the Enel Group in the country. The technical, commercial and financial sectors for this project will be evaluated. The... Continue Reading →
The Brazilian Institute of the Environment (Ibama) granted Petrobras the operating license for the FPSO Guanabara, the first definitive unit in the Mero field, in the Santos Basin. The document will be valid for eight years. The platform ship arrived at the field in February to carry out operational tests. The FPSO Guanabara was converted... Continue Reading →
Italian oil and gas company Eni has offloaded and exported the first oil cargo from the Miamte FPSO, operating at the Miztón, Amoca, and Tecoalli fields in Area 1, Gulf of Mexico. Achieved on Thursday, this marks an important milestone for the oil and gas sector in Mexico, with Eni being the first international energy... Continue Reading →
(Reuters) - Brazilian state-run oil company Petrobras (PETR4.SA) on Thursday formally elected Jose Mauro Coelho as its chief executive for a one-year term, ending weeks of turmoil in which the government struggled to fill the top position. Coelho, a government technocrat, pledged to maintain the company's current pricing policy, a controversial topic that ultimately helped bring down... Continue Reading →
(Reuters) - The Brazilian currency's monster rally may soon run out of gas, analysts and government officials say, as U.S. interest rate hikes and risks to the Chinese economy threaten the fundamentals of the world's best-performing major currency. Brazil's real has gained over 18% against the U.S. dollar so far this year, more than twice... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that it filed today its 2021 Sustainability Report. The report describes Petrobras' main activities, initiatives, management practices, indicators and commitments related to environmental, social and governance (ESG) issues. The report presents our contributions to society, as the distribution of values to employees, federal, state, and municipal governments, through the... Continue Reading →
Brazil Energy Insight 