Tag: Petrobras

• Tuesday, September 22nd 2020 - 08:34 UTC

  Petrobras faces unexpected challenges in its attempt to sell refineries

  

  Brazilian oil company Petrobras said on Monday it will open another round of bidding for its Repar refinery in the state of Parana after receiving binding offers that were too similar in value.

• Friday, September 11th 2020 - 09:40 UTC

  Brazilian prosecution investigating Petrobras forex transactions between 2008 and 2011

  

  Brazil’s federal police were serving 25 search warrants as part of an investigation regarding foreign-exchange transactions done by oil company Petrobras between 2008 and 2011, according to a statement from federal prosecutors on Thursday.

• Thursday, August 6th 2020 - 09:26 UTC

  Brazil doubled oil exports during July

  

  Brazilian oil exports more than doubled in July to 8.19 million tons, compared to 3.76 million tons shipped in July 2019, according to data released by the Foreign Trade Secretariat, Secex.

• Thursday, August 6th 2020 - 08:01 UTC

  Petrobras opens bidding notice for the lease of Regasification Terminal in Bahia

  

  Brazil oil giant Petrobras released a bidding notice for the lease of the Bahia LNG regasification terminal (TR-BA) and its associated facilities. The bidding will be restricted to companies accepted in the prequalification call which will follow pre-established criteria.

• Monday, July 20th 2020 - 09:29 UTC

  Brazilian oil industry showing resilience to coronavirus pandemic despite fall in investment

  

  By Matthew Smith for Oilprice.com – Before the outbreak of COVID-19 and the oil price war between Saudi Arabia and Russia, an oil boom of monumental proportions was underway in Brazil, Latin America’s largest economy. Economists and industry analysts as far back as 2018 were speculating that it would be the largest in Latin America’s history. There were even signs that Brazil’s burgeoning oil production could challenge OPEC’s wanning supremacy.

• Tuesday, July 14th 2020 - 09:50 UTC

  The virus has reached Petrobras offshore oil rigs; prosecutors investigations into the outbreaks

  

  On Friday, May 1, two workers on the PXA-1 offshore platform owned by Brazil's state-run oil company Petrobras checked into the facility's infirmary complaining of headaches and fever-like symptoms. Another Petrobras employee fell visibly ill the following day, according to Brazilian media.

• Thursday, June 11th 2020 - 08:51 UTC

  Petrobras record exports of fuel oil, low in sulphur content

  

  Brazil's oil and gas giant Petrobras during the month of Maye exported 1.11 million tons of fuel oil, surpassing the previous record set in February 2020 by 10%. The amount of fuel oil exported was 231% above the volume exported in May last year.

• Wednesday, May 27th 2020 - 08:15 UTC

  Coronavirus reaches the oil rigs off the coast of Brazil

  

  Norway's Equinor ASA and Anglo-French firm Perenco are among at least five oil producers that have registered coronavirus cases among employees or contractors at facilities off the coast of Brazil, according to industry and regulatory sources.

• Wednesday, May 6th 2020 - 09:40 UTC

  Petrobras record oil exports of one million barrels per day in April

  

  Petrobras set a new oil exports record of 1 million BPD in April, as domestic demand plunged, the Brazilian state-controlled oil firm said on Monday, days after a large group of other oil producers, OPEC+, began a 9.7-million-BPD collective cut aimed at rebalancing the market.

• Monday, February 24th 2020 - 06:38 UTC

  Petrobras workers end three weeks strike, after arbitration call by labor court

  

  Workers at Brazil’s state-owned oil giant Petrobras have ended a strike of nearly three weeks that left the firm scrambling to avoid a drop in production, labor unions said last Friday. Around 21,000 workers — a third of the total workforce — joined the mass walk-out at the start of the month.