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Brazil to test two-three unconventional oil, gas deposits in 2018 in...

  Brazil will conduct two or three pilot projects that will tap unconventional oil and natural gas projects in 2018 in an effort to boost...

Oil falls as stronger dollar eclipses U.S. inventory drop

  Oil prices fell on Thursday, dragged lower by a firmer dollar that offset support from a surprise decline in U.S. crude inventories. Brent crude futures...

Providing for oil sector investment US$95 Bln

  According Valor newspaper, investments in the oil and gas sector in Brazil should total US $ 95 billion by 2021, according to calculations by...

Petrobras achieves record production in Brazil for the fourth consecutive year

  Petrobras reports that the company’s average oil production in Brazil achieved a historical record for the fourth consecutive year: It reached, in 2017, the...

New regulations spur gas oil offshore investment surge

  Brazil secured an encouraging US$3 billion in bonus bids during key licensing rounds held last fall, according to a new report, which represents 23%...

Effort to repeal oil, gas, and mining law could fuel corruption

  by Isabel Munilla As oil and gas and mining companies celebrate the billions in expected windfall from the new tax law, some members of Congress...

Brazil natural gas industry makeover lures global firms

  The giant offshore discoveries that made Petrobras one of the world’s top crude producers are paving the way for another transformation: French power giant...

Brazil’s Oil Production Slips, Oil Exports Up 25%

Reuters Brazil’s oil output fell 1.21% in November from October, National Oil Agency (ANP) said on Jan. 2th, after state-run oil company Petroleo Brasileiro SA...

Petrobras 2018/22 Business Plan provides US $ 74.5 billion investments

  Petrobras' business and management plan for 2018 to 2022, approved by the board of directors of the Brazilian state oil company, provides for investments...

Brazil’s Mero oil field holds 3.3 billion barrels of oil

Brazil’s Mero oil field holds 3.3 billion barrels of oil Petrobras stated this Thursday (3) that the Mero oil field (located in the Libra Block...
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