Environmentalists Applaud No Bids for Oil Fields Near Coral Reefs
SÃO PAULO, BRAZIL – Despite the apparent success of last week’s auction, organized by Brazil’s National Agency of Petroleum, Natural...
October 13, 2019Topic
ANP
Brazil’s Oil Production Falls in 2018 While Natural Gas Production Increases
Oil production in Brazil fell by one percent last year, compared to the results obtained in 2017, despite having grown...
February 5, 2019
Brazil’s ANP to Auction 158 Oil Blocks in Permanent-Offers
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – At least 158 petroleum exploration blocks have been approved...
June 21, 2018
Petrobras and Shell Lead Way in Brazil’s Pre-Salt Auction
By Nelson Belen, Contributing Reporter RIO DE JANEIRO, BRAZIL - Representatives from the oil industry’s heavyweights were in Rio de...
October 30, 2017
Brazil Attracts ExxonMobile into Investing in Oil Fields
After offering R$1.2 billion in bonus, ExxonMobile wins exploration rights of Campos Basin block
October 2, 2017
Brazil’s Petrobras Allowed to Halt Oil Production in 16 Platforms
The latest request by Petrobras is part of the company’s plan to reduce costs and reverse some of the losses...
July 15, 2016
ANP Says Brazil Pre-Salt Production Increases Six Percent
The ANP in Brazil reports that the production of oil and gas in the pre-salt fields recorded an increase of...
April 5, 2016
Drop in International Oil Prices Helps Brazil’s Trade Balance
The lower petroleum prices could lead the country to save US$5-10 billion in oil imports.
December 18, 2014
Brazil’s Oil Sale Could Generate Trillions
Some of the world’s biggest oil companies joined forces in a successful bid for the country’s first pre-salt offshore oil...
October 22, 2013