Colombia’s Ecopetrol wins oil concession in Brazil
Colombia's Ecopetrol won one of the 92 concessions to explore and produce oil and natural gas in Brazil's offshore waters...
October 7, 2021Topic
Brazil Oil Industry
Petrobras shares close 9.6% higher following excellent quarterly results
Petrobras shares closed Thursday with a rise of almost 10% on the São Paulo Stock Exchange, boosted by the publication...
August 6, 2021
Brazil’s Petrobras sells oil block in Alagoas state for US$300 million
Petrobras signed a contract to sell its entire participation in seven onshore and shallow water concessions located in the state...
July 6, 2021
Oil prices drop 7% and commodity records worst session since September
In its worst trading session since September, crude oil prices traded sharply lower Thursday, March 18th, in the 5th consecutive...
March 19, 2021
Bolsonaro’s nominee to run Petrobras stresses need for “balance” in fuel pricing
Brazilian President Jair Bolsonaro’s nominee to lead state-run oil company Petrobras said on Saturday, February 29th, the company needs to...
February 20, 2021
Bolsonaro Pushes Truckers Pressure onto Governors by Proposing to Change State Taxes
With no room to meet truckers' demands, President Jair Bolsonaro announced on Friday, February 5th, that he is considering a...
February 6, 2021
Malaysia Becomes China’s Second Largest Crude Oil Supplier, Pushing Brazil to Third Place
Crude oil flows from Malaysia to independent refiners in China witnessed a dramatic surge of more than 70% year on...
February 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
Petrobras Valued at US$220 Billion
By Doug Gray, Senior Contributing Reporter RIO DE JANEIRO – Petrobras President Sergio Gabrielli was celebrating the world’s biggest ever...
September 28, 2010