Peru energy companies paid US$750 million in royalties to the government
The mining-energy guild reported that this figure (US$749.8 million) represented a 130% growth compared to the US$325.6 million paid by...
October 21, 2021Section
Oil and Gas Business
Oil and Gas Industry News in Rio de Janeiro and Brazil
Oil price hike relieves several oil-rich Latin American states
oil was anathema and Latin American and Caribbean countries that depend on its sales to grow, which are not few,...
October 11, 2021
Brazil’s Fernando de Noronha archipelago may host offshore oil exploration
A region of unique biodiversity, the integral preservation area is also key to maintaining the livelihood of all fishing and...
October 2, 2021
Firm shipments of gas from Argentina to Chile begin in the midst of hydroelectric tightening
As of this Friday, firm shipments of gas from Argentina to Chile will begin without interruption, amidst hydroelectric tightening
October 1, 2021
Ecuador aims to double oil production in four years, after almost 20 years of stagnation
Ecuador aspires to double its oil production, stagnant for almost 20 years, and will seek to fully involve the private...
August 20, 2021
Petrobras should receive US$2.2 billion from sale of remaining 37.5% of former subsidiary
Brazilian oil company Petrobras will receive about R$11.356 billion (US$2.271 billion) for 37.5% of its remaining shares in BR Distribuidora,...
June 30, 2021
Brazil’s Açu Petróleo, eyeing rising exports, resumes IPO plans
Açu Petróleo will resume plans for an initial public offering later this year to finance expansion, the oil terminal operator's...
June 24, 2021
Foreign companies now hold 20% of Brazil’s oil and gas production
Together, Shell, Repsol Sinopec, Petrogal and TotalEnergies account for 20% of national oil and gas production.
June 23, 2021
Brazil stands to lose US$119 million a year in royalties by using thermal power plants
Oil companies operating in Brazil believe that the government's compulsory contracting of thermal power plants, under the rules of the...
June 9, 2021