Tag: Petrobras

• Tuesday, February 22nd 2011 - 07:00 UTC

  Malvinas basin oil exploration scheduled to begin first half of 2011

  

  Repsol-YPF plans to start deepwater exploration off the coast of Tierra del Fuego in the Malvinas basin are expected to begin before the end of the first half of 2011, according to company’s sources.

• Friday, February 18th 2011 - 19:34 UTC

  Brazil’s proven oil reserves increase 11% in 2010 reaching 14.25 billion barrels

  

  Brazil’s proven oil reserves rose 10.65% in 2010 to nearly 14.25 billion barrels, the biggest annual increase in the past eight years, the ANP oil regulator announced this week. Total reserves, overwhelmingly offshore, which also include probable and possible reserves, soared 34.57% to 28.47 billion barrels.

• Wednesday, February 16th 2011 - 14:17 UTC

  Leading oil companies turn up at Uruguay Round II pre-bidding process

  

  Some of the world’s leading oil companies turned up at the Uruguay Round II informative session for operators interested in participating in the biding process for offshore exploration in Uruguay’s South Atlantic.

• Saturday, February 12th 2011 - 05:17 UTC

  Brazilian shipyard wins Petrobras 4.6 billion contract for seven ultra-deep rigs

  

  Brazil's government managed oil and gas giant Petrobras said on Friday that local shipyard Estaleiro Atlantico Sul (EAS) had won the tender to build seven drilling rigs in Brazil.

• Tuesday, February 8th 2011 - 05:08 UTC

  Petrobras third largest oil company on market capitalization

  

  Based on market capitalization Brazilian government managed oil and gas company Petrobras ranked third worldwide according to the prestigious PFC Energy 50 list of the world's biggest energy companies.

• Wednesday, February 2nd 2011 - 14:27 UTC

  Brazilian oil output reaches 2.18 million bpd in December; 9% above a year ago

  

  Brazil’s production of oil and natural gas in December 2010 surpassed the previous one-month record, according to a release from the ANP regulatory agency. December 2010 oil output of 2.18 million barrels per day represents a 4.4% increase over November and was 9.1% higher than in December 2009.

• Thursday, December 30th 2010 - 08:12 UTC

  Lula da Silva has his own oil field according to Petrobras

  

  Brazilian state-controlled energy giant Petrobras on Wednesday confirmed the commercial viability of two massive offshore oil and gas fields located deep beneath the ocean floor, announcing that one of them will now be known as “Lula.”

• Friday, December 3rd 2010 - 06:06 UTC

  Brazilian congress tightens grip on oil industry and new ‘strategic’ fields

  

  Brazil’s lower house of Congress approved this week new oil regulations that will increase government control over the energy industry and reduce competition against government managed Petrobras.

• Monday, November 29th 2010 - 22:31 UTC

  Petrobras confirms major oil find onshore in the Amazon region

  

  Brazilian government controlled oil and gas corporation Petrobras announced the discovery of a new crude deposit in the Amazon region, where the energy company already is developing large natural gas reserves.

• Wednesday, November 24th 2010 - 22:12 UTC

  Petrobras abandons Ecuador: no agreement on new oil contracts

  

  Brazil’s Petrobras is abandoning Ecuador after not having reached an agreement on the new oil contracts with the government while Spanish-Argentine Repsol-YPF will remain, announced Minister of Non renewable natural resources Wilson Pastor.