High Prices, Hidden Costs Discouraged Buyers at Brazil’s Petroleum Auctions
The enormous buildup surrounding this week’s petroleum field auctions in Brazil flopped as no major oil company came forward to...
November 10, 2019Topic
auction
Brazil Gets Ready for Two Mammoth Petroleum Auctions in November
In a little over a week, Brazil’s government will hold two auctions for oil and gas exploration and production areas,...
October 27, 2019
Brazil’s North-South Rail Auctioned For R$2.7 Billion
Designed to be the backbone of Brazil’s rail transportation, the North-South Railroad was auctioned off this week, for R$2.719 billion....
March 29, 2019
Brazil’s Privatization of Twelve Airports Seeks to Obtain R$2.1 Billion
Brazil’s government will auction off twelve airports on Friday which receive annually almost twenty million passengers, and hope to obtain...
March 15, 2019
Brazil to Auction 20 Energy Transmission Lines in 16 States
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – ANEEL (Electric Energy Regulator) in Brazil will conduct the...
June 28, 2018
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
Brazil’s Pre-Salt Responsible For Over Half of Oil Production
With the signing of another six pre-salt concession contracts officials expect production to increase even further in coming years.
February 1, 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