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HomeBrazil

Brazil

Petrobras
Exploration and Production

Petrobras Signs Deal for Potential Offshore Wind Project in Brazil

May 1, 2024 Mariel Alumit

Petróleo Brasileiro SA has signed a memorandum of understanding with the government of Rio Grande do Norte to explore the feasibility of a pilot offshore wind project in the state. Rio Grande do Norte will […]

Petrobras
Big Oil Companies

Petrobras to address domestic offshore demands with $73 billion production, exploration investment

April 23, 2024 Mariel Alumit

(WO) – At the “Strengthening the National Shipbuilding Industry and the Offshore Energy Sector,” held by the Brazilian Oil and Gas Institute (IBP) on Thursday, 4/18, Petrobras estimated investments of around $73 billion in exploration […]

Petrobras
Crude Oil News

Petrobras makes ultra-deepwater oil discovery in exploration well in Brazil’s Equatorial Margin

April 11, 2024 Mariel Alumit

(WO) – Petrobras has discovered an accumulation of oil in ultra-deep waters of the Potiguar Basin, in the Anhangá exploration well on concession POT-M-762_R15. The 1-BRSA-1390-RNS (Anhangá) well is offshore between Ceará and Rio Grande […]

Petrobras
Crude Oil News

Petrobras discovers oil in ultra-deep waters of Potiguar Basin

April 10, 2024 Mariel Alumit

This marks the second discovery in the Potiguar Basin in 2024, following the Pitu Oeste Well, which is 24km from Anhangá. Petrobras has announced the discovery of oil deposits in the ultra-deep waters of the […]

oil & gas
Crude Oil News

New merger in the offing giving birth to one of Latin America’s ‘largest and most diversified’ oil & gas players

April 2, 2024 Mariel Alumit

Brazilian oil and gas company Enauta has set the wheels into motion to bring into being a larger and more diversified independent oil and gas company in Latin America by proposing a business combination with […]

NFE
LNG

NFE wraps up Brazilian LNG-to-power deal

March 21, 2024 Stu Turley

US LNG player New Fortress Energy has completed its previously announced deal with Ceiba Energy to acquire a 1.6 GW capacity reserve contract, positioning NFE as a “leading” LNG-to-power company in Brazil. In December last […]

BRICS
BRICS

Expanded BRICS will keep ‘trademark’ name – Moscow

March 14, 2024 Mariel Alumit

The bloc’s acronym is a “brand” and the addition of new members will not change that, a top Russian diplomat has said The BRICS economic group will keep its current name despite the bloc’s expansion, […]

BRICS
BRICS

Should Russia Reconsider Inviting Pakistan To Participate In “Outreach”/“BRICS Plus”?

March 13, 2024 Mariel Alumit

Cliched talking points aside about all countries being considered by the RIC core of BRICS as equals and third parties’ sensitivities not influencing any of their bilateral relations, the reality is altogether different in practice. […]

BRICS
Crypto

BRICS to create blockchain-based payment system – Putin aide

March 5, 2024 Mariel Alumit

The measure would be in line with the group’s plans to cut reliance on Western currencies and financial mechanisms The BRICS group of emerging economies plans to create a payment system based on digital technologies, […]

FSRU
Exports

FSRU arrives at NFE’s Barcarena terminal in Brazil

February 26, 2024 Mariel Alumit

The 160,000-cbm FSRU, Energos Celsius, has arrived at New Fortress Energy’s terminal in Barcarena, Brazil following a trip from Singapore. The converted FSRU, owned by Apollo’s Energos Infrastructure, left Seatrium’s yard in Singapore in December […]

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