Petrobras | Egypt Oil & Gas - Part 5

Brazil’s Total Oil Production Decreases by 0.5% in April

Brazil’s oil production remained steady in April, only decreasing 0.5% in comparison to March’s output figures despite reduced global oil demand.

Brazil’s Petrobras Begins Long-Term Testing in Albacora Field

Brazil’s state-run oil company, Petrobras, has embarked on long-term testing in the Forno area within the Campos Basin field.

Brazil Encounters Optimum Quality Oil

Brazil’s State owned oil company Petrobras has announced the discovery of a 208-meter reservoir containing high quality oil in the Buzios oilfield.

Brazil Hits Record Oil, Gas Output in June

Brazil's oil and natural gas production increased to its highest-ever level of 3.21mb/d in June, a rise of 7.1% compared to a year earlier.

Petrobras to Re-Open its Rio de Janeiro Refinery

The board of Brazil’s Petrobras has voted to restart limited work at its idled refinery in Rio de Janeiro, but decided to cancel the proposed second processing train and lubricants plant at the complex.

Brazil’s Petrobras Notes Record High Oil & Gas Outputs

Brazilian state-run oil company, Petroleo Brasileiro SA (Petrobras) has declared that new wells have helped push oil and natural gas output to a record high in June 2016 after falling to two-year lows in recent month ...

Brazil to Auction 4 Sub-Salt Areas in 2017

According to the Incoming Secretary of oil and gas at Brazil’s Ministry of Energy, Marcio Felix, the Brazilian government has announced its plans to hold its second auction of four sub-salt exploration and production ...

Petrobras Kicks Off Sale of Non-Essential Assets

Brazil's Petrobras, the world's most indebted oil firm, has kicked off the sale of a network of liquefied natural gas (LNG) terminals and thermal power plants.

New Petrobras’ CEO to Recover Company’s Credibility

The new president of Petrobras, Pedro Parente, said during his swearing in ceremony that to improve the company’s performance, the oil giant needs to restore its credibility and recover its economic, financial and so ...

Petrobras Renews Two Offshore Leases for 27 Years

Brazilian petroleum regulator ANP said that it extended state-run oil company Petrobras' concessions to explore and produce oil from the Marlim and Voador offshore fields for 27 years, to 2052.

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