Tag: Petrobras

• Friday, June 25th 2010 - 05:22 UTC

  Petrobras confirms high quality oil in latest off-shore discovery

  

  Brazil’s government controlled oil and gas corporation Petrobras said its seventh well in the offshore Tupi field confirmed the potential of light oil in pre- salt reserves. The 3-BRSA-821-RJS well, known as Tupi Alto, is about 275 kilometers off the coast of Rio de Janeiro state, Petrobras confirmed Thursday in a regulatory filing.

• Monday, May 24th 2010 - 03:52 UTC

  Rousseff promises New York investors “continuity” of Lula da Silva’s policies

  

  Brazil's ruling party presidential candidate Dilma Rousseff promised, if elected, continuity of current economic and financial policies to ensure growth and macro-economic stability. She also stated that Brazil was prepared for “a woman president”.

• Thursday, May 13th 2010 - 10:38 UTC

  Brazil Announces Discovery of Field with 4.5 Billion Barrels of Light Oil

  

  Brazil’s National Agency of Petroleum, Natural Gas and Biofuels (ANP) has revealed that the 2-ANP-1-RJS well, dubbed Franco, is estimated to hold 4.5 billion barrels of recoverable light oil.

• Saturday, May 8th 2010 - 06:33 UTC

  Petrobras Sets Monthly Record Oil Production in April: 2.033 Million bpd

  

  Brazilian government managed oil and gas corporation Petrobras (SAO:PETR3) set a monthly record for oil production in April with 2.033 million barrels per day topping the previous record of 2.004 million bpd from September 2009, the company said Friday.

• Wednesday, May 5th 2010 - 22:03 UTC

  Petrobras Argentina Sells Parts of its Assets to Kirchner Couple Close Friend

  

  Petrobras Energía (NYSE:PZE), Brazil’s government managed oil and gas corporation announced it will sell part of its assets in Argentina to Oil Combustibles SA for 110 million US dollars, including a refinery, gasoline stations and inventories.

• Friday, April 30th 2010 - 01:16 UTC

  Repsol YPF Plans to Raise Cash to Keep Expanding in Brazil

  

  Repsol YPF S.A. (BMAD:REP), Spain’s biggest oil company, is considering the sale of about 40% of its Brazil assets in an initial public offering as early as this year, company executives said Thursday on a conference call.