Petrobras Bids US$594M for 12 Brazil Offshore Blocks
Petrobras bid about US$594 million for 12 Campos Basin blocks as a Brazil oil auction on Wednesday raised US$602 million,...
October 8, 2026Topic
Campos Basin
Brazil Sells 7 of 13 Pre-Salt Oil Blocks
Brazil's ANP sold 7 of 13 pre-salt oil blocks for US$105.7 million. Petrobras won two blocks, and no US company...
October 7, 2026
Petrobras Teams Up With Equinor to Drill a New Campos Frontier
Petrobras agreed to take half of Equinor's Itaimbezinho block in the Campos Basin, deepening a partnership as Brazil's oil giant...
June 22, 2026
Brazil’s Oil and Gas Sector Poised for Major Investments
Brazil is set to revolutionize its oil and gas sector, expecting over R$500 billion ($101 billion) in investments from 2024...
February 1, 2024
Petrobras: oil and gas production falls 2.1% in the fourth quarter
The total production of Petrobras in the fourth quarter of 2022 reached 2.64 million barrels of oil equivalent per day...
February 9, 2023
Brazil: IPCA, disagreement between Petrobras and PetroRio and what else moves the market
The main indexes advance on Friday morning, September 9, in another day of risk appetite in the international market on...
September 9, 2022
Only one local company among Brazil’s top oil and gas producers in May
Petrobras was the only Brazilian company to rank among the top 10 Brazilian hydrocarbon producers in May, according
July 8, 2022
Nine companies dispute 92 oil concessions auctioned by Brazil
According to the regulator, 92 concessions "located in 11 high potential and new frontier sectors" in 4 different Brazilian sedimentary
October 6, 2021
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