Get our news on your inbox! x

Remember me Forgot password

MercoPress, en Español

Montevideo, December 22nd 2024 - 06:48 UTC

Tag: Magda Chambriard

  • Tuesday, November 19th 2024 - 09:19 UTC

    Brazil increasingly dependent on oil exports and energy production

    “We have reached the milestone of crude oil becoming Brazil’s top export, surpassing soybean meal, agribusiness, mining, and iron exports, said CEO Chambriand

    Crude oil has become Brazil’s main export product surpassing agribusiness and mining, according to the country’s hydrocarbons company Petrobras CEO Magda Chambriard. Brazil is not also becoming highly dependent on oil exports but also in energy generation.

  • Thursday, August 1st 2024 - 23:00 UTC

    Petrobras increases yoy output in 2Q of 2024

    A milestone for Petrobras milestones in this quarter was the arrival of the Marechal Duque de Caxias FPSO vessel platform

    Brazil's State-run company Petrobras posted this week a 2.4% interannual increase in oil and natural gas output in the second quarter of 2024, with 2.7 million barrels of oil equivalent per day (boed) thanks to improving performances at five sea platforms and 12 wells, eight of them in the Campos Basin and four in the Santos one. However, compared to this year's first quarter of this year, average production fell 2.8% due to maintenance shutdowns and the natural decline of mature fields.

  • Thursday, June 20th 2024 - 10:55 UTC

    Petrobras CEO says oil will lead Brazil's energy transition

    Chambriard has already been in charge of the company since late May when she replaced Jean-Paul Prates

    Despite being de-facto the new CEO of Brazil's state-run oil company Petrobras for a while, Magda Chambriard took her oath of office Wednesday during a ceremony in Rio de Janeiro, Agencia Brfasil reported. In her speech at the event attended among others by President Luiz Inácio Lula da Silva, Chambriard insisted that oil would lead the way into energy transition progressively reducing carbon emissions and zeroing them by 2050.

  • Friday, June 14th 2024 - 21:18 UTC

    Petrobras CEO regrets time spent without exploring Equatorial Margin

    ”I took part in the discovery of the pre-salt,” Chambriard had noted on her first day as CEO

    Petrobras' newly appointed CEO Magda Chambriard said this week that Brazil's state-run oil company “lost 10 years” by not exploring an area known as the new “pre-salt” and criticized the Brazilian Institute for the Environment and Renewable Natural Resources (Ibama) for the delay in authorizing oil explorations in the so-called Equatorial Margin, Agencia Brasil reported.

  • Tuesday, May 28th 2024 - 14:01 UTC

    Petrobras' new CEO upholds current pricing policy

    The goal is to be profitable while remaining sustainable, Chambriard explained three days after taking over as CEO of Petrobras

    The new CEO of Brazil's State-run oil company Petrobras Monday defended during a press conference the company's current pricing policies to preserve domestic market stability, Agência Brasil reported. Magda Chambriard had been on her post three days after a reshuffle ordered by President Luiz Inácio Lula da Silva.

  • Wednesday, May 15th 2024 - 19:20 UTC

    Lula orders major reshuffle at Petrobras' helm

    In 1Q of 2024, Petrobras' profits shrank 23% from last year's 4Q

    President Luiz Inácio Lula da Silva has ordered a reshuffle at the top of Brazil's state-run oil company Petrobras, with Magda Chambriard replacing Jean-Paul Prates as CEO, Agencia Brasil reported. Following the head of state's decision late Tuesday, the board of directors approved the early termination of Prates' term Wednesday morning. In the meantime, and until Chambriard takes office, Corporate Affairs Executive Director Clarice Coppetti has been appointed on an interim basis.

  • Monday, September 23rd 2013 - 18:56 UTC

    Brazil insists that Libra oil field auction was a major success

    Minister Lobão said “seven of the 11 largest (oil firms) are participating, therefore we could not imagine a bigger success”

    Brazil’s government is planning to give a boost to state-run oil company Petróleo Brasileiro by financing its participation in the October 21 auction of Libra, the country’s largest-ever oil discovery, the O Estado de Sao Paulo newspaper reported over the weekend.

  • Sunday, July 14th 2013 - 23:48 UTC

    Brazil’s Libra deepwater oilfield expected to yield a million bpd

    ANP Director-General Magda Chambriard said the oilfield will be auctioned 21 October

    The Libra deepwater oil field that Brazil plans to auction off Oct 21 will yield minimum output of 1 million barrels of crude per day, the National Petroleum Agency, ANP, said on Friday. That production would be equivalent to half of Brazil's current output of 2 million bpd.

  • Friday, May 10th 2013 - 06:44 UTC

    Brazil reports great interest in the coming 11th bidding hydrocarbons round

    Director Magda Chambriard: ANP is offering 189 blocks across 11 states

    The director of Brazil's Agencia Nacional do Petroleo (ANP) reports significant interest from operators in Brazil's upcoming 11th bidding round as the country pursues its plans to double its oil and natural gas production. The bidding round is the first since December 2008 and the first under the nation's new hydrocarbon law.