News

Read post

07.10.24

Petrobras makes plans to revive a pre-salt field that made Brazil a petroleum giant

Bloomberg – 05/10/2024 06h15 Petrobras plans new seismic surveys, wells, and a platform for Tupi, but first needs to resolve a dispute with the ANP Petrobras (PETR3; PETR4) believes it is close to reaching an agreement with the industry regulator, which will allow it to advance with plans to revitalise a massive deepwater field that...

General News

Read post

17.09.24

Petrobras’ new strategic plan to have greater focus on oil and gas, CFO says

Reuters – September 16, 2024 – 6:17 PM RIO DE JANEIRO, Sept 16 (Reuters) – Petrobras’ (PETR4.SA) new multi-year strategic plan will have greater focus on upstream operations than the previous one, Chief Financial Officer Fernando Melgarejo said on Monday, as the Brazilian state-run firm looks to rebuild oil and gas reserves. Melgarejo told Reuters that the...

General News

Read post

11.09.24

Petrobras refineries break records in pre-salt processing this year

Agência Gov – 10/09/2024 11:55 State-owned company’s refining park reaches 95% utilisation rate and surpasses last year’s mark, with 76% of the processed oil coming from the pre-salt layer. In August, Petrobras set a new record for processing pre-salt oil at its refineries, reaching a level of 76% of the total load. This result surpassed...

General News

Read post

06.09.24

The number of blocks under contract in the exploration phase has increased by 70%.

ANP – 05/09/2024 10h38 With contract signings up until the end of August, the total has risen to 426 blocks, the largest number of areas in the exploration phase since 1998. With the signing of the majority of contracts associated with the 4th Cycle of the Permanent Concession Offer, the exploration phase now accounts for...

General News

Read post

15.08.24

PPSA’s oil production reaches a new record in June, surpassing 70,000 barrels per day.

PPSA – 15 August 2024 The PPSA’s (Brazilian State’s Share of Pre Salt Crude Oil) monthly oil production reached a new record in June, hitting 71,000 barrels per day (bpd). This volume includes output from eight production sharing contracts (66,000 bpd) and the Production Individualisation Agreements (PIAs) for the uncontracted areas of Tupi and Atapu....

General News

Read post

15.08.24

Petrobras begins studies for the implementation of a new platform in Búzios.

Repórter ADVFN – 14/08/2024 Petrobras has begun studies for the implementation of a new platform in Búzios, which would be the 12th FPSO unit in the mega pre-salt field located in the Santos Basin, according to three sources familiar with the matter. The platform, which could cost billions of dollars, would also create a new...

General News

Read post

12.08.24

Brazilian oil exports are expected to grow by 30% by 2030, says IBP

Felipe Erlich – 8 ago 2024, 16h01 The institute estimates that commodity exports could reach $50 billion in 2024. Brazilian oil exports are expected to reach 2.5 million barrels per day by 2030, compared to the current average of 1.9 million barrels per day, an increase of just over 30%. This estimate comes from the...

General News

Read post

09.08.24

Petrobras obtains environmental licenses to increase Brazil oil production, sources say

Rodrigo Viga Gaier – August 8, 2024, 11:33 PM Brazil’s state-run oil company Petrobras has obtained environmental licenses to expand production in two offshore fields, and could have one vessel start production earlier than expected in one field, three people with knowledge of the matter told Reuters. The licenses will allow Petrobras (PETR4.SA), opens new tab to...

General News

Read post

08.08.24

Brazil’s Oil Production Increases in June, Reports ANP

02/08/2024 às 12:22 – CNN/Reuters The total production (oil and natural gas) was 4.353 million barrels of oil equivalent per day (boe/d). Brazil’s oil production in June averaged 3.409 million barrels per day (bbl/d), marking an increase of 2.7% compared to the previous month and 1.3% compared to the same period last year, according to...

General News

Read post

07.08.24

Destined for the Jubarte field, the FPSO Maria Quitéria arrives in Brazil

05/08/2024 15:21 – TN Petróleo Editorial Team, Agência Petrobras The FPSO Maria Quitéria, destined for the Jubarte field in the Parque das Baleias complex, in the Capixaba portion of the Campos Basin, has already arrived in Brazil. It is an FPSO unit (Floating Production, Storage, and Offloading system) equipped with emission reduction technologies, including a...

General News

Website Cookies

KEEP UP TO DATE

Latest News

Petrobras makes plans to revive a pre-salt field that made Brazil a petroleum giant

Petrobras’ new strategic plan to have greater focus on oil and gas, CFO says

Petrobras refineries break records in pre-salt processing this year

The number of blocks under contract in the exploration phase has increased by 70%.

PPSA’s oil production reaches a new record in June, surpassing 70,000 barrels per day.

Petrobras begins studies for the implementation of a new platform in Búzios.

Brazilian oil exports are expected to grow by 30% by 2030, says IBP

Petrobras obtains environmental licenses to increase Brazil oil production, sources say

Brazil’s Oil Production Increases in June, Reports ANP

Destined for the Jubarte field, the FPSO Maria Quitéria arrives in Brazil

Company

Quick links

Language

Website Cookies

KEEP UP TO DATE

News

Latest News

Petrobras makes plans to revive a pre-salt field that made Brazil a petroleum giant

Petrobras’ new strategic plan to have greater focus on oil and gas, CFO says

Petrobras refineries break records in pre-salt processing this year

The number of blocks under contract in the exploration phase has increased by 70%.

PPSA’s oil production reaches a new record in June, surpassing 70,000 barrels per day.

Petrobras begins studies for the implementation of a new platform in Búzios.

Brazilian oil exports are expected to grow by 30% by 2030, says IBP

Petrobras obtains environmental licenses to increase Brazil oil production, sources say

Brazil’s Oil Production Increases in June, Reports ANP

Destined for the Jubarte field, the FPSO Maria Quitéria arrives in Brazil

Company

Quick links

Language

Select your language