Petrobras is the world’s most indebted oil producer and has been forced to sell assets and slash spending.
Read More »Total Could Miss Out On 14 Billion Barrel Brazilian Reserves
The subject of the study is an area that could contain up to 14 billion barrels worth of oil reserves.
Read More »Petronas Drops Massive Natural Gas Project in Western Canada
A number of First Nations and environmental groups sued the federal government and Petronas unsuccessfully to try to stop the project.
Read More »Subsea 7 Gains Contracts from Petrobras for Offshore Brazil
The acquisition became effective on 29 June after confirmation from the US Bankruptcy Court for the Southern District of Texas.
Read More »Brazilian Exports Give OPEC Supply Headache
Brazil becoming a relevant exporter is complicating OPEC’s efforts to control prices through supply cuts.
Read More »Gazprom Interested in Establishing LNG Supplies to Brazil
A branch of Gazprom is operating in Rio de Janeiro.
Read More »Statoil Aims to More Than Triple Brazil Output
Statoil has invested more than $10 billion in Brazil. making it the country'.s largest foreign offshore operator.
Read More »Iran will Host Int`l Gas Research Conference
More than 140 members of IGU are associations and corporations representing over 95% of the global gas market.
Read More »IEA: Global Oil Market Rebalancing Speeds Up
Global oil supply fell by 140.000 bpd in April to 96.17 million bpd.
Read More »Iran Insists on Fair Probe into Syria Gas Attack
Iran stresses on the need for an international. impartial investigation into a chemical attack on the Syrian town of Khan Shaykhun.
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