MercoPress, en Español

Montevideo, September 20th 2018 - 11:30 UTC

Tag: Shell

  • Friday, August 31st 2018 - 08:22 UTC

    BP, Shell, Total to bid in Brazil's pre-salt auction

    Brazil is offering four blocks in this auction—Saturno, Titã, Pau-Brasil, and Sudoeste de Tartaruga Verde—in the Campos and Santos basins

    Brazil’s oil regulator ANP has approved the applications of six companies—including Big Oil’s BP, Shell, and Total—to bid in next month’s oil auction of four blocks in the coveted pre-salt layer, ANP announced on Wednesday.

  • Wednesday, April 25th 2018 - 08:59 UTC

    Brazilian company buys Shell downstream assets in Argentina

    Raízen besides 645 gas stations is also acquiring a refinery in Buenos Aires, LPG and aviation fuel terminals and a lubricant plant, among others

    Brazil’s Raizen Combustiveis SA agreed to buy downstream assets in Argentina from Royal Dutch Shell for US$ 950 million, according to a securities filing on Tuesday. Raízen Combustiveis, a joint venture between Brazil´s Cosan SA Indústria e Comércio and Shell, will have a 20% market share in fuel distribution in Argentina.

  • Tuesday, April 24th 2018 - 08:42 UTC

    Brazil poised for historic oil boom

    A range of analyst and oil company estimates put the breakeven price for pre-salt fields at less than US$ 40 per barrel compared to US$ 45 seven years ago.

    By Mathew Smith<br />
    <br />
    After being caught up in major corruption scandals and suffering from what some have claimed was its worst economic downturn in 100-years, Brazil has pulled itself back from the brink. The economy commenced growing again in 2017 with gross domestic product (GDP) expanding by 1 percent and 2018 GDP growth forecast by the International Monetary Fund (IMF) to be 2.3%.

  • Tuesday, January 30th 2018 - 10:00 UTC

    Petrobras to join the Oil and Gas Climate Initiative

    The OGCI is the CEO-led grouping of oil and gas companies that intends to lead the industry’s response to climate change

    The Oil and Gas Climate Initiative (OGCI) and Petrobras announced that the Brazilian company will join the initiative. This commitment is subject to the approval of the OGCI Climate Investments Members’ Agreement by the Petrobras board of directors.

  • Monday, October 21st 2013 - 21:41 UTC

    Brazil auctions 35-year production rights to giant offshore Libra oil area

    A consortium led by Petrobras with Shell, Total and two Chinese companies were the winners

    Brazil sold production rights to develop the giant offshore Libra oil area to a consortium led by Brazilian state-run oil company Petroleo Brasileiro SA in an auction with a single bid on Monday. The auction in Rio do Janeiro took place amid strict security measures with hundreds of police forces clashing with protestors.

  • Thursday, June 14th 2012 - 10:49 UTC

    Shell drops plan to buy sugar cane grown on land taken from indigenous people

    Many Guarani people had been driven off their land to plant sugar cane

    Shell subsidiary that makes bio-diesel in Brazil has dropped controversial plans to buy sugar cane grown on land taken from indigenous people, according to Survival International.

  • Monday, August 15th 2011 - 22:32 UTC

    Chilean family group interested in taking over Shell assets in Argentina

    Chile's Luksic family group plans to buy Royal Dutch Shell Plc's assets in Argentina, which include service stations and the country's second-biggest oil refinery, financial daily Ambito Financiero reported on Monday.