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Equinor sells the Peregrino field for USD 3.5 billion

Equinor News – 02 May 2025 01:30(GMT+1) Equinor Brasil Energia Ltda., a subsidiary of Equinor ASA, has entered into agreements(1) with Brazilian company Prio Tigris Ltda., a subsidiary of PRIO SA (PRIO3.SA) for a sale of its 60% operated interest in the Peregrino field in Brazil. PRIO, Brazil’s largest independent oil and gas company, will…

Petrobras targets new oil and gas amid market volatility

Fábio Couto and Kariny Leal — Rio de Janeiro – 04/14/2025 11:45 AM  Brazil’s oil giant invests in reviving Campos Basin, plans similar strategy for Santos, home to pre-salt megafields Petrobras, responsible on its own or in joint ventures for nearly 90% of Brazil’s oil and gas output, is navigating volatile commodity prices while pursuing strategies to…

CNPE will discuss Brazil’s entry into OPEC+ this month, says Silveira to CNN.

CNN – 05/02/2025 16:24 Minister of Mines and Energy highlights geopolitical importance and supports accession. The Minister of Mines and Energy, Alexandre Silveira, announced that Brazil is set to join OPEC+, a group of oil-producing countries. The statement was made during an interview with CNN this Wednesday (5th), in which Silveira highlighted the geopolitical importance…

Petrobras meets target, but production declines in 2024

Oil and gas output falls 3.1% for the year, despite pre-salt records By Kariny Leal and Rafael Rosas — Rio de Janeiro 02/04/2025 10:02 AM Petrobras achieved its oil and gas production targets for 2024, but that didn’t prevent the company from posting annual and quarterly declines in output. According to the state-run oil giant’s production and sales report…

Transpetro establishes a partnership to expand ship-to-ship operations in Espírito Santo.

Lorena Parrilha Teixeira – 12/01/2025 – 20:42 Transpetro and the Imetame Group have signed a memorandum of understanding to assess the implementation of oil and oil derivative transfer operations between ships (ship-to-ship) in Espírito Santo. The agreement includes the leasing of two berths at the multipurpose port under construction in Aracruz, with operations expected to…

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