Author: Everton Farias

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…

Danilo Oliveira – 27/01/2025 – 19:49 The recent sanctioning of the regulation of the Tax Reform (LC 214/2025) may bring different impacts on the prices of products and/or services of companies in the oil and gas sector. A large portion of the players are service providers contracted by operators for activities such as seismic surveys,…

Portos e Navios -22/01/2025 – 17:15 Petrobras has announced the signing of amendments to the charter and service contracts for the FPSO Cidade de Angra dos Reis, located in the Tupi field, on behalf of the responsible consortium. The agreements, signed with the companies Tupi Pilot MV 22 B.V. and Modec Serviços de Petróleo do…

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…

Portos e Navios – 07/01/2025 – 20:07 The construction of four RSV vessels by Ocyan S.A., with an investment of R$ 2.7 billion financed by the Merchant Marine Fund (FMM), aims to modernise port infrastructure in Bahia and generate 1,100 jobs. The vessels, designed for the handling and assembly of subsea equipment using ROVs, strengthen…

Gazeta Brasil – 09/12/2024 Brazil’s oil account, which measures the balance between exports and imports of oil, derivatives, and natural gas, reached USD 24.5 billion by October, according to data from the ANP (National Agency for Petroleum, Natural Gas and Biofuels) released on Monday (9th). This result was driven by a 10.6% increase in oil…

Michael Pooler – Rio de Janeiro – 03/12/2024 Chambriard outlines strategy as group boosts investments in offshore drilling, biofuels and fertilisers Chief executive Magda Chambriard laid out an expansive vision for the $92bn group, one of the world’s top crude producers, that would accelerate the reversal of a strategy under previous governments to largely exit areas…

Offshore – Nov. 25, 2024 Petrobras plans total investments of $77.3 billion in E&P over the 2024-29 period, 5% higher than in its previous forward plan. Petrobras plans total investments of $77.3 billion in E&P over the 2024-29 period, 5% higher than in its previous forward plan. About 60% of this will be allocated to…

Reuters – November 18, 20247:35 PM RIO DE JANEIRO/SAO PAULO, Nov 18 (Reuters) – Brazilian state-run oil firm Petrobras (PETR4.SA) announced on Monday that its management proposed to the company’s board a $111 billion business plan for 2025-2029, according to a securities filing.  The filing said the business plan allows for ordinary dividends with a range…

Reuters – November 8, 202412:28 AM GMT Brazilian state-run oil firm Petrobras (PETR4.SA) on Thursday reported an increase of around 22% in its third-quarter net profit, and announced $3 billion in dividends. The company posted a net profit of 32.6 billion reais ($5.7 billion) for the quarter ended in September. Adjusted earnings before interest, taxes, depreciation and…