Tag: Petrobras

Thursday, May 2nd 2024 - 10:04 UTC
Petrobras hits new environmental achievement

Brazil's state-run Petrobras oil company announced this week a 41% reduction in carbon dioxide (CO2) emissions between 2015 and 2023, Agencia Brasil reported. The result was “exceptional,” said Petrobras' Energy Transition and Sustainability Director Maurício Tolmasquim.
Wednesday, April 10th 2024 - 19:51 UTC
Petrobras finds oil not far from Amazon River mouth

Brazil's state-owned oil company Petrobras said Wednesday it had discovered a new reservoir in the ultra-deep waters of the Potiguar Basin, in the Anhangá exploratory well, located between the states of Amapá and Rio Grande do Norte.
Saturday, January 6th 2024 - 10:10 UTC
FPSO Sepetiba begins production at Petrobras’ third largest oil field off Brazil

Oil and gas giant Petrobras has started production from a floating production, storage, and offloading (FPSO) vessel at its giant Mero oil field in the pre-salt area of the Santos Basin offshore Brazil. The third production unit at the field, out of a total of five, since two are yet to be installed.
Monday, August 21st 2023 - 11:18 UTC
Brazil's Petrobras refineries increase gasoline 16,17% and diesel, 25,83%

Brazil's Petrobras this last week increased the price of gasoline and diesel, 16,17% and 25,83% respectively at its refineries. The higher prices were announced following complaints from private refineries that domestic prices were out of line and tendency with the increased situation in international markets.
Thursday, August 3rd 2023 - 07:05 UTC
Petrobras processing more oil in domestic refineries, as export volumes drop 22%

Brazil's giant oil and gas corporation Petrobras this week presented its second-quarter report, which showed a drop in oil exports in a scenario of increased processing at domestic refineries.
Tuesday, May 16th 2023 - 10:19 UTC
Petrobras creates diversity management position

Brazil's state-run oil company Petrobras Monday announced the creation of a diversity, equity, and inclusion managerial position, Agencia Brasil reported.
Tuesday, February 7th 2023 - 10:59 UTC
Lula pledges to boost shipyard and oil and gas industries

Brazilian President Luiz Inácio Lula da Silva announced Monday his intention to boost the shipbuilding and oil and gas industries with the state-owned Petrobras and the Banco Nacional de Desenvolvimento Econômico e Social (BNDES) as vectors for public investments, Xinhua reported from Rio de Janeiro.
Friday, January 27th 2023 - 10:13 UTC
Petrobras has a new CEO; company shares drop awaiting fuels prices policy

Former Senator and energy consultant, Jean Paul Prates is Brazil's oil giant Petrobras new Chief Executive, marking a clear difference from the previous administration rapidly reflected in the Sao Paulo stock exchange where company shares dropped more than 3% on Thursday
Tuesday, January 3rd 2023 - 10:55 UTC
Lula's first day if office, meeting Latin American leaders and a selloff in Petrobras shares

As the Brazilian president Lula da Silva settled in his first day in office in the Planalto Palace, Latin American leaders met with the inaugurated president, who faced his first financial challenge, stocks had fallen more than 3%, led by a selloff of shares in state-run oil company Petrobras.
Wednesday, November 2nd 2022 - 10:30 UTC
Petrobras and partners make major oil discovery at Sépia offshore field

Petrobras and partners have made an oil discovery in the north-west of the Sépia oil field, offshore Brazil, some 250 kilometers from Rio do Janeiro, drilling the 4-BRSA-1386D-RJS (Pedunculo) well. The well, which was spudded in late July 2022, was drilled at a water depth of around 2,200m.