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Natural Gas
Petrobras Nears Agreement to Sell Bolivia-Brazil Gas Pipeline to EIG
EIG could pay between $500m and $1bn for Petrobras' stake in Transportadora Brasileira Gasoduto Bolivia-Brasil.
CNOOC
Chinese Partner Paying over $2 bln to Petrobras for More Interest in Brazilian Field
Chinese oil and gas company CNOOC has sealed a deal with the Brazilian giant Petrobras, which will allow it to acquire an additional interest in the Búzios fie…
Thermal Plant
Petrobras Sells Three Thermal Power Plants in Bahia
The facilities will now be owned by São Francisco Energia S.A., a subsidiary of utilities company Global Participações em Energia S.A.
Natural Gas
Petrobras Restarts Production from Brazilian Gas Field Following Pipeline Repairs
After the repairs were carried out on the export pipeline’s subsea valve, the Brazilian oil and gas giant Petrobras has resumed gas production from the Manati …
Natural Gas
Brazil's Manati Field Gas Production Restart Awaits Pipeline Repairs
Brazilian Petrobras will take a week to make repairs to an offshore gas-export pipeline and restart production at the Manati Field, but the disruption won't aff…
Crude Oil
Brazil’s Oil Major Plans To Invest $68 Billion In Boosting Production
Brazil’s Petrobras plans to invest $68 billion in expanding its crude oil production, a figure that represents 84 percent of its total planned investments for …
Oil Shale
Petrobras Sells Shale Oil Unit to Canadian Bank
Brazil's state-run oil company Petrobras signed a contract to sell its Shale Industrialization Unit for $33 million to Forbes & Manhattan Resources
Oil Pipeline
Petrobras Closes Contaminated Gasoline Pipeline
Brazil's state-controlled Petrobras temporarily closed its 266km Opasc refined products pipeline because of sulfur contamination.
Net Zero Emission
Petrobras Commits to Net Zero Carbon Emissions
Petrobras' public-private structure means that it will face closer scrutiny over its emissions than other national oil firms
LNG
Petrobras Signs Landmark Gas Supply Deal with Gerdau
Brazil's state-controlled Petrobras signed a natural gas supply agreement with steel producer Gerdau in a debut of its more flexible pricing model designed to c…
Crude Oil
EXCLUSIVE Brazil's Lower-Carbon Oil Projects can Lure Majors, Lift Sales -Official
Rising calls to cut carbon emissions and to reduce global warming could generate more offshore partnerships and increase the output of cleaner oil for Brazil
LNG
Brazil's Petrobras Undecided on LPG Program
The company also said a decision will be taken according to its governance rules
Oil Field
Keppel Snatches Contract to Build FPSO for World’s Largest Deepwater Oil Field
Brazilian oil and gas giant Petrobras has signed a $2.3 billion worth contract with Keppel Shipyard to build the P-78 FPSO, the seventh unit to be installed in …
Carbon Emissions
GlobalData: Petrobras must Invest in Renewables to Meet Emission Targets
Despite a global effort in energy transition, Petrobras has expressed no interest to pivot into renewable energy due to lack of expertise.
Oil & Gas Trade
Petrobras Opens 2021 with Record Oil Exports
Brazil's state-controlled Petrobras says crude exports through its Angra dos Reis terminal reached a record 19.3mn bl in January, the extension of an upward tre…
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