Tag: PETROBRAS

Petrobras gets a win in Amazon drilling push 

The Brazilian government reported that the state-run oil company Petrobras has met one of the environmental requirements set by authorities to explore potential oil reserves near the mouth of the Amazon River

Petrobras announces new deepwater discovery

Brazilian oil company Petrobras announced that it has discovered “high-quality” oil in the ultra-deep waters of the Santos Basin, in the Atlantic Ocean

Petrobras: Output falls 8.2% in 3Q

Petrobras’ oil production dropped 8.2% year-over-year in the third quarter to 2.13 million barrels per day (bpd), reported the company

Petrobras brings forward the operation of new offshore platform

Petrobras announced the early operation of a new offshore platform with the capacity to extract up to 100,000 barrels of oil per day (bpd) and 5 million cubic meters of natural gas

Petrobras will invest in the decarbonization technology HISEP

Brazilian state-owned oil company Petrobras and its partners will invest around $1.5 billion to implement decarbonization technology in one of its fields, informed the company’s CEO

Exxon sees ‘great opportunity’ for lower-emission oil output in Brazil

Exxon Mobil Corp sees its investments in Brazil’s offshore helping the company achieve a goal of lowering carbon emissions in its oil and gas production, country head Juan Lessmann said

Brazil oil production up 4.6% in April, ANP says

Oil production in Brazil rose 4.6% in April from March, figures from the ANP national oil regulator showed, the second monthly rise in a row, led by rising output from Petrobras and Royal Dutch Shell

Petrobras books steep loss amid ‘worst crisis in 100 years’

Brazil’s state-run oil company reported a steep net loss for the first quarter of the year and warned more heavy losses were on the horizon because of the coronavirus pandemic