Tag Archives: Brazil

Latin America'.s active drilling rig count stood at 190 in May. further proof of the upward trend in E&.P investment.

Exxon will now join these fellow supermajors in the Brazilian shelf. partnering with Petrobras on six of the ten licenses it won.

Japanese companies are going to require major investments in international oil and gas projects.

On average. the oil company produced 325.000 barrels of oil equivalent per day (boepd) in the first quarter.

Petrobras is the world’s most indebted oil producer and has been forced to sell assets and slash spending.

The subject of the study is an area that could contain up to 14 billion barrels worth of oil reserves.

A number of First Nations and environmental groups sued the federal government and Petronas unsuccessfully to try to stop the project.

The acquisition became effective on 29 June after confirmation from the US Bankruptcy Court for the Southern District of Texas.

Brazil becoming a relevant exporter is complicating OPEC’s efforts to control prices through supply cuts.

A branch of Gazprom is operating in Rio de Janeiro.