Petrobras announces US$5.2 billion to expand gas supply
The president of Petrobras, Jean Paul Prates, announced this Monday (17) an investment plan of US$5.2 billion to expand the...
April 18, 2023Section
Oil and Gas Business
Oil and Gas Industry News in Rio de Janeiro and Brazil
Brazil’s oil and gas production dropped 11.95% in March vs. February
Brazil's average oil and natural gas production retreated 11.95% in March from a record high in the previous month to...
April 18, 2023
Goldman Sachs: Petrobras would remain profitable with the new pricing policy
Since the election campaign, President Luiz Inácio Lula da Silva made it clear that he intended to change the pricing...
April 14, 2023
Petrobras will expand natural gas production in the Northeast of Brazil
Petrobras will increase national natural gas production in the Northeast region by beginning the hiring process for chartering two platform...
April 4, 2023
Oil export tax should slow investments, says the Brazilian Institute of Oil and Gas
The creation of an oil export tax should curb investments in the sector and have consequences on the federal revenue...
March 23, 2023
Brazil sets oil and gas production record in February
The result, published on Monday, February 20, guaranteed the monthly production of a record 4.2 million barrels of oil.
March 21, 2023Brazil: oil workers cross arms on Friday and evaluate the possibility of a strike
The workers linked to Brazil's Unique Petroleum Workers Federation (FUP) will paralyze activities on Friday (24) to assess the possibility
March 21, 2023
Argentine oil company YPF registers record profit and production in 2022
The state-owned oil company Yacimientos Petrolíferos Fiscales (YPF) closed in 2022 with a net profit of more than US$2.2 billion.
March 10, 2023
Brazil produced a record 3.25 million barrels of oil per day in January
Brazil's oil production rose 5.9% in January from the previous month and registered a record 3.255 million bpd (barrels per...
February 24, 2023