Lucky week for Brazil’s Petrobras that announced major oil and gas discoveries in the US Gulf of Mexico and off the coast of Spirito Santo in Brazil.
Antonio Palocci, who on Tuesday stepped down as President Dilma Rousseff’s chief of staff over questions about his personal finances, will be taking a seat at Petrobras Administration Council, confirmed Brazil’s oil giant president Sergio Gabrielli.
A group of Brazilian banks and funds have created a company called Sete Brasil that will build seven deep-water rigs for state-run oil company Petrobras offshore exploration campaign, Petrobras announced on Monday.
Brazil’s oil and gas corporation Petrobras was ranked first in a new listing of the most valuable brands in Latin America, with an estimated brand value of 13.4 billion US dollars.
Petrobras announced the increased investment plans for the emerging Santos basin pre-salt assets, earmarking 73 billion US dollars for the 2011-2015 period. The vast sum is a 63% increase compared with the company’s 2010-2014 plan said a company statement.
Brazilian government controlled oil and gas corporation Petrobras announced the discovery of a new high-quality crude deposit in ultra-deep waters off Brazil’s south-eastern coast.
Environmentalists in New Zealand asked the government to halt an offshore oil exploration project being conducted for Brazilian oil giant Petrobras in the wake of the deaths of dozens of penguins, the press reported.
Petrobras, Brazil’s state-controlled oil producer will export its first cargo from the country’s second-largest crude field to Chile in mid-May.
Brazilian oil giant Petrobras suspended an offshore survey Sunday in New Zealand after several environmental activists jumped into the water to block the passage of the ship conducting the study, reports the NZ press.
The United States must pay more importance to its strategic alliance with Brazil if it really wants to benefit from Petrobras’ recently discovered deep-water oil and natural gas reserves in the Atlantic Ocean, the company’s CEO, Jose Sergio Gabrielli, said.