Chinese CNOOC Petroleum buys additional 5% stake in Brazil’s Buzios oilfield for US$1.9bn
Chinese state-run firm CNOOC Petroleum Brasil paid Petrobras R$10.3 billion (US$1.9 billion) for an additional 5% interest in Búzios,
November 30, 2022Topic
oil industry brazil
If Rio de Janeiro were a country, it would be the tenth largest oil producer in the world
Rio's experience in providing goods, services, and equipment to the offshore oil industry and the lower carbon footprint of Rio's...
August 11, 2022
Bolsonaro dismisses Petrobras president after 40 days in office
The Brazilian government announced Monday the replacement of José Mauro Ferreira Coelho, who held the presidency of state oil company
May 24, 2022
Brazil’s Bolsonaro fires Minister Bento Albuquerque over high diesel prices
After challenging the Brazilian president with another diesel price hike, the bosses of state-owned Petrobras are now getting a short...
May 11, 2022
Brazil oil production up 2.2% in March from previous month
Brazil produced 2.981 MMbbl/d (million barrels per day) of oil in March, up 2.2% from the previous month and 4.8%...
May 4, 2022
Brazil appoints Marcio Weber as new Petrobras president after power vacuum
Brazil's Energy Ministry has named Marcio Andrade Weber as the new president of Petrobras, following a week-long power vacuum
April 7, 2022
Brazil announces 10% increase in oil production to stabilize prices
Brazil will increase its oil production by 10% to help stabilize the international oil market. This was announced by the...
March 23, 2022
Brazilian oil and gas industry expects up to 50,000 new jobs could be created next year
The Brazilian oil and gas industry projects that the sector could create up to 50,000 new jobs by 2022, driven...
December 29, 2021
Eleven multinationals to compete in auction to exploit two gigantic oil fields in Brazil
Eleven multinationals will compete this Friday in an auction in which Brazil will offer rights to exploit part of two...
December 16, 2021