Oil and Gas Business

Brazil Fuel Import Group to File Antitrust Complaint against Petrobras Pricing

A Brazilian association of private fuel importers known as Abicom plans to file a complaint on Frida, January 8th, against...

January 9, 2021

EIG Sells Stake in Bolivia-Brazil Natural Gas Pipeline, Eyes More Brazilian Investments

EIG Global Energy Partners has sold its stake in the Brazilian portion of the Bolivia-Brazil natural gas pipeline, widely known...

January 5, 2021

Analysis: Massive Changes Ahead in Brazil´s Oil and Gas Industry Amid Global Competition

Brazil needs to continue making important oil industry reforms in 2021 to remain as one of the world’s top destinations...

January 4, 2021

Brazil Pursues Criminal Probe of Top Trafigura Executives – Sources

Brazilian investigators are pursuing the first criminal probe of current executives at commodities trading firm Trafigura on allegations they approved...

December 15, 2020

Brazil Senate Approves Reform of Natural Gas Distribution Sector

Brazil’s Senate on Thursday, December 10th, approved the basic text of a bill to further open up the natural gas...

December 11, 2020

ExxonMobil Will Concentrate South American Growth Ambitions in Brazil and Guyana

ExxonMobil expects Brazil and Guyana will be key drivers for the company’s growth ambitions in the future, as the US...

December 7, 2020

Brazil’s Petrobras Could Expand Into Guyana, CEO Says

Brazil’s Petrobras could expand its operations into neighboring Guyana, if the regulatory environment does not improve in Brazil, CEO Roberto...

December 3, 2020

Analysis: Why Brazil’s Pre-Salt Offshore Oil Boom Will Continue

Brazil’s massive offshore oil boom, notably in the deepwater offshore pre-salt oilfields, is continuing to grow despite weaker oil prices...

December 1, 2020

Brazil’s Petrobras Aims to Step up Oil Exports and Asset Sales

Brazil’s Petrobras on Monday, November 30th, projected a surge in oil exports and divestments over the next five years as...

November 30, 2020