Petrobras Sells Group of Seven Fields to 3R Petroleum for US$191 Million
RIO DE JANEIRO, BRAZIL - Petrobras signed a US$191.1 million contract with SPE 3R Petroleum on Friday, August 9th, for...
August 10, 2019Section
Oil and Gas Business
Oil and Gas Industry News in Rio de Janeiro and Brazil
Brazilian Oil and Gas Sector Research Sees Investment Increase by 66 Percent
Investments in development and innovation research in the oil and gas sector in Brazil increased by 66 percent in applied...
August 8, 2019
Brazil Sees its Oil Production Shrink Over Three Months
Oil production in the country dropped 6.4 percent from May to June. According to data from the National Oil, Natural...
August 3, 2019
Brazil’s Petrobras to Lower Bottled Gas Price as of Monday
RIO DE JANEIRO, BRAZIL - Petrobras announced that as of Monday, August 5th, the price of bottled gas for residential...
August 3, 2019
Brazil’s Petrobras Sells 35 Percent of its Service Station Chain for US$2.5 Billion
RIO DE JANEIRO, BRAZIL - Petrobras has sold, on Wednesday, July 24th, 35 percent of Brazil's biggest service station chain,...
July 24, 2019
Brazil Government to Launch “Cheap Energy Shock” in Two Weeks
RIO DE JANEIRO, BRAZIL - On July 8th, Petrobras signed an agreement with the Administrative Council for Economic Defense (Cade)...
July 17, 2019
Bolivia Signs Supply Agreements With Russian Company Acron in Brazil
RIO DE JANEIRO, BRAZIL - The Bolivian state-owned oil and gas company YPFB has agreed to sell 2.2 million cubic...
July 12, 2019
Petrobras to Raise US$2.32 Billion from Sale of Stock in its Service Station Chain
Petrobras announced on Wednesday, July 3rd, the start of the process of reducing its shareholding in BR Distribuidora
July 4, 2019
Brazil’s Oil and Natural Gas Production Breaks Records in May
Brazil's total oil and natural gas production hit record levels in May, the National Petroleum, Natural Gas and Biofuels Agency...
July 3, 2019