Tags Edison Lobao

Tag: Edison Lobao

By Lisa Flueckiger, Contributing Reporter RIO DE JANEIRO, BRAZIL – Petrobras announced this week that the company plans to increase production by fifty percent in a bid to emerge from its current financial difficulties. The oil giant desperately needs funds to...
By Stephanie Foden, Contributing Reporter SALVADOR, BRAZIL – Around fifty million people in northeastern Brazil were affected by a regionwide blackout on Wednesday afternoon. The power outage was the result of a manmade fire in a rural area of Piauí...
By Tracy Woodley, Contributing Reporter RIO DE JANEIRO, BRAZIL – Petrobras Transporte S.A. (Transpetro), a subsidiary of Petrobras responsible for the transportation of petroleum and natural gas, received a new product shipment vessel this morning in concordance with the company’s...
By Mary Carroll, Contributing Reporter RIO DE JANEIRO, BRAZIL – On Monday, July 9th, Brazil's Minister of Mines and Energy, Edison Lobão said that the government may increase the percentage of ethanol to 25 percent in gasoline sold, if there...
By Stephen Eisenhammer, Contributing Reporter RIO DE JANEIRO, BRAZIL – Brazil will become self-sufficient in natural gas within the next five years, after which it will grow into an influential exporter, according to Edison Lobão, Brazil's energy and mining minister. ...
By Stephen Eisenhammer, Contributing Reporter RIO DE JANEIRO, BRAZIL - Argentina is seeking greater partnership with Brazilian state-run energy company, Petrobras, to develop the country’s energy resources after announcing the nationalization of YPF, its main oil producer, last week. ...
By Sibel Tinar, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – The federal government headed by President Dilma Rousseff is determined to prioritize the resolution of the controversy surrounding the proposed distribution of oil royalties, and is expected to send...
By Juliana Tafur, Contributing Reporter RIO DE JANEIRO – Foreign companies and investors have flocked to Brazil since the extent of the pre-salt oil fields became known in 2006. Companies like Exxon Mobil, Shell and Repsol hurried in and acquired...
By Bruno De Nicola, Contributing Reporter RIO DE JANEIRO - Petrobras is set to launch the first part of a new project in the biggest oil basin ever discovered by mankind. The whole plan for oil extraction in the “Pré-sal”...
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