Rio de Janeiro Municipalities Dependent on Offshore Oil Face New Hardship Surge
The Campos Basin, an oil production area that made the North of Rio de Janeiro a prosperous region in terms...
November 3, 2020Section
Oil and Gas Business
Oil and Gas Industry News in Rio de Janeiro and Brazil
Colombian Oil and Coal Production to Fall Over the Next Decade, Says Government
Colombia’s output of top exports oil and coal will fall by 16.9 percent and 28.4 percent respectively over the next...
October 27, 2020
Brazil Soars to China’s No. 3 Crude Oil Supplier in September
Brazil jumped to China’s third-biggest crude oil supplier in September, import data showed on Sunday, as China’s independent refiners scooped...
October 25, 2020
Brazil’s Lower House May Vote to End Petrobras’ Virtual Monopoly in Gas Industry
Brazil’s lower house is set to vote on Tuesday, September 1st, to pass a bill that can further open up...
August 31, 2020
Rio’s Mayor Wants to Sell Future Revenue From Oil Royalties and Special Holdings
In his last year in office, Rio's Mayor Marcelo Crivella authorized the opening of a bid for the government to...
August 19, 2020
Oil Pipeline Rupture in Ecuador’s Amazon Region Causes Environmental Disaster
At the start of April, one of the most devastating oil disasters to affect the country in the past 15...
July 28, 2020
Brazil Will Produce Gasoline Having Same Quality As That Sold in USA and Europe
Starting in August, Brazil will produce gasoline of similar quality to that sold in the United States and Europe.
June 25, 2020
Oil Prices Rebound in Recent Trading, But Is the Trend Sustainable?
After the chaos of crude oil in recent weeks, with futures contracts coming in at negative prices, the commodity is...
May 12, 2020
Oil at Minus US$100 “Not Impossible” as Global Storage Tanks Become Full
In orbit hundreds of miles above the Earth, the Sentinel-1 satellites are the eyes in the sky that show why...
April 23, 2020