Brought to you by Quest Offshore & Southern Cone Consultants
3R PETROLEUM ÓLEO E GÁS S.A. ("3R" or "Company") (B3: RRRP3), communicates its investors and the market in general that, as of this date, its shares will be included in the portfolio of Ibovespa Index (“Ibovespa”) and Brazil 100 Index (“IBrX 100”) of B3 S.A. – Brasil, Bolsa, Balcão (“B3”). The new portfolio will be... Continue Reading →
3R PETROLEUM ÓLEO E GÁS (“3R” or “Company”) (B3: RRRP3), in compliance with the provisions of Resolution No. 44 of the Brazilian Securities Commission, informs its investors and the market in general that on December 30th, 2021 has concluded, through its integrally owned subsidiary 3R Macau SA (“3R Macau”), the prepayment of the 2nd Issuance... Continue Reading →
(Reuters) - Brazilian oil company Enauta Participacoes SA (ENAT3.SA) said on Monday it will no longer sell its stake in the Manati oilfield, adding that conditions for the conclusion of a previously announced deal with Gas Bridge SA have not been met. "The deal was subject to a series of commercial and regulatory conditions that should have... Continue Reading →
(Reuters) - Oil rose towards $79 a barrel on Monday supported by tight supply and hopes of further demand recovery in 2022 spurred in part by a view that the Omicron coronavirus variant is unlikely to significantly dampen the outlook. Libyan oil output will be cut by 200,000 barrels per day for a week due... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras, following up on the release disclosed on 08/03/2021, informs that it signed today with Ubuntu Engenharia e Serviços Ltda contracts for the sale of its total interest in the PAR-T-218_R12 concession, located in the Paraná Basin. The total value of these transactions is US$ 32 thousand and the closing is... Continue Reading →
Tech startup Hydro Wind Energy is in the process of developing scaled prototypes of high-altitude kites powered by offshore wind with the goal to ”disrupt global energy and desalination markets”. The technologies for power generation and energy storage, OceanHydro Wind, and water desalination, SubSea RO Wind, are powered by high-altitude, ocean-based kites and vertical axis wind rotors rather... Continue Reading →
(Reuters) - Brazil's 2022 general elections will not influence the fuel pricing policy of Petrobras, the chief executive of the state-run oil company told Reuters on Thursday. Petroleo Brasileiro SA (PETR4.SA), as the company is formally known, officially sets domestic fuel prices in line with international prices, although it allows a brief decoupling when global prices... Continue Reading →
(Reuters) - Oil prices edged down on Friday but were set to post their biggest annual gains in 12 years, spurred by the global economic recovery from the COVID-19 slump and producer restraint, even as infections surged to record highs around the world. Brent crude futures fell 3 cents to $79.50 a barrel at 0718... Continue Reading →
(Reuters) - Exxon Mobil Corp (XOM.N) on Thursday signaled a return to annual profit for 2021 as stronger oil and gas prices drove a gain of up to $1.9 billion in operating profits that exceeded one-time charges. The largest U.S. oil producer issued a snapshot of final quarter results that showed it expects sequentially higher profit fromoil... Continue Reading →
Guyana's parliament on Wednesday approved local content rules for oil producers and a sovereign wealth fund to oversee the South American nation's earnings from a budding oil bonanza. International oil producers have discovered 10 billion barrels of oil and gas that promise to transform Guyana's agricultural and mining economy into an oil powerhouse providing billions... Continue Reading →
