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MercoPress, en Español

Montevideo, April 19th 2024 - 13:55 UTC

Tag: TOTAL Brazil

  • Wednesday, October 16th 2019 - 07:27 UTC

    Brazil eyes a US$1.45 billion payday as big oil flocks to pre-salt

    The auction will offer an area in the pre-salt zone that contains an estimated 15 billion barrels of crude

    Brazil expects to pocket some US$ 1.45 billion from the sixth round of oil and gas block licensing for the pre-salt zone offshore. Reuters reports, citing the special secretary to the Economy Ministry, Waldery Rodriguez, that the total minimum sum of signing bonuses for all the blocks that will be tendered on November 7th is US$ 1.9 billion.

  • Thursday, May 31st 2018 - 07:20 UTC

    Total denied environmental license to drill at the Amazon basin

    Ibama said when denying the application for a third time in August that it would give Total one last chance to clarify the application before suspending the process.

    Brazilian environmental agency Ibama this week rejected French oil company Total SA’s application for an environmental license to drill in the ecologically sensitive Foz do Amazonas basin. It is the fourth time that Ibama has rejected the application and requested additional information.