Petrobras: oil and gas production falls 2.1% in the fourth quarter
The total production of Petrobras in the fourth quarter of 2022 reached 2.64 million barrels of oil equivalent per day...
February 9, 2023Section
Oil and Gas Business
Oil and Gas Industry News in Rio de Janeiro and Brazil
What is Equatorial Margin? See 10 questions and answers about Brazilian Petrobras’ new bet
Petrobras could return to a region that has not received new oil and gas exploration activities for years, the Equatorial...
December 21, 2022
Guyana: Highest GDP growth rate in the world
Most South American economies have grown sluggishly this year. But Guyana is an outlier, both regionally and globally.
December 20, 2022
Petroecuador will increase oil production in two fields
The public company Petroecuador reported that it obtained environmental licenses for various activities in the Auca and in the Pacoa...
December 19, 2022
Government of Argentina agrees with oil companies a monthly increase of 4% in fuel prices
The Argentine Minister of Economy, Sergio Massa, agreed with the hydrocarbon companies a monthly increase in fuel prices of up...
November 28, 2022
Brazil: Lula da Silva’s PT party to cancel privatization projects
The process of selling Petrobras assets, such as gas pipelines and refineries, are some of the main privatization projects
November 25, 2022
Brazil: New oil discovery announced offshore
Brazil's national oil company, Petrobras, and its partners announced a new oil discovery in the northwest of the Sépia field,...
November 4, 2022
Brazil waits for signals from Lula da Silva; investors brace for Petrobras dividend era’s end
These are days of tense calm in Brazil, at least in the business world.
November 4, 2022
Guyana, a country of exponential economic growth to the detriment of Venezuela
Guyana's oil wealth in the Essequibo Region, claimed by Venezuela, is causing a surprising economic boom, but at the expense...
November 3, 2022