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, 2024Topic
Santos Basin
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
Foreign companies now hold 20% of Brazil’s oil and gas production
Together, Shell, Repsol Sinopec, Petrogal and TotalEnergies account for 20% of national oil and gas production.
June 23, 2021
Oil production in Brazil drops 8% in February, says ANP
Brazil's average oil production totaled 2.73 million barrels of oil per day (b/d) in February, a drop of 8% compared...
March 17, 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 Brazil’s Oil Production Falls in 2018 While Natural Gas Production Increases
Oil production in Brazil fell by one percent last year, compared to the results obtained in 2017, despite having grown...
February 5, 2019
Brazil’s Petrobras Pre-Salt Clusters Set Record Production
Santos and Campos basin pre-salt clusters reached record levels of production in February.
March 20, 2015
Brazil May Vote on Oil Royalties Again
Deputies and senators from non-oil producing states have secured enough signatures to force a vote on President Dilma Rousseff’s partial...
December 11, 2012
Chevron Says Brazil Ban Overturned
A Brazilian court has overturned a ban that prevented Chevron from operating in Brazil, according to a statement by the...
December 4, 2012