Mexico’s Pemex Heads to Brazil to Seal a Deal With Petrobras
Pemex, carrying $80B in debt and output halved to 1.6M bpd, sends team to Brazil this month to sign a...
June 20, 2026Topic
pre-salt
The fight for oil money may grow among Brazilian States
Brazilian is not Nigeria, where the generation of oil wealth gives rise to an intricate web of federal conflicts that...
December 20, 2021
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’s Petrobras Reports Oil and Gas Production Up 2.8%
According to state-controlled oil giant, Petrobras, last month, Brazil oil and natural gas production were up 2.8 percent and two...
October 19, 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
Oil Giant Shell Announces R$10 Billion in Investments in Brazil
The recent approval to end Petrobras participation requirements is seen as opening opportunities for new players to enter the Brazilian...
November 14, 2016
New Petrobras Participation Rules Now Awaits Presidential Sanction
Officials hope that the bill that withdraws the requirement of a 30 percent participation by Petrobras on all operations will...
November 10, 2016
Brazil’s Petrobras and Energy Giant Total Reach Agreement
Brazil oil giant, Petrobras, and the French oil and gas company, Total, signed a Memorandum of Understanding, setting the framework...
October 26, 2016