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By Nelson Belen, Contributing Reporter RIO DE JANEIRO, BRAZIL - Representatives from the oil industry’s heavyweights were in Rio de Janeiro on Friday, October 27th, as Brazil held its much-anticipated auction of eight blocks in the highly sought-after pre-salt region....
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The day after Brazil’s Chamber of Deputies approved the lifting of participation requirements for Petrobras on all exploration projects, Royal Dutch Shell executives went to Brasilia to talk to Brazilian...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Reiterating that there is a favorable investment climate in Brazil, the president of petroleum giant Royal Dutch Shell, Ben Van Beurden, told Brazil’s President Michel Temer of the company’s interest...
By Doug Gray, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Some of the world’s biggest oil companies joined forces in a successful bid for the country’s first pre-salt offshore oil field, Libra, this week, the R$15 billion signing fee...
By Maria Lopez Conde, Contributing Reporter RIO DE JANEIRO, BRAZIL – Sixty-four out of the 71 national and international companies that filed requests with the Brazil’s National Petroleum Agency (ANP) will be allowed to bid for Brazilian exploration blocks this...
By Tim Anderson, Contributing Reporter RIO DE JANEIRO, BRAZIL - The Anglo-Dutch oil giant Shell and their Brazilian partner Cosan have agreed the name of their sugar cane operations as Raizen. The name is taken from the words for ‘root’...
By Amy Skalmusky, Contributing Reporter RIO DE JANEIRO, BRAZIL - With the recent Libra oil field discovery promising reserves of up to fifteen billion barrels of oil and Sinochem and BP coughing up billions for space in the Campos Basin,...
By Doug Gray, Senior Contributing Reporter RIO DE JANEIRO – Petrobras President Sergio Gabrielli was celebrating the world’s biggest ever share offer at the end of last week that, according to Brazilian Finance Minister Guido Mantega, now gives the company...
By Doug Gray, Senior Contributing Reporter RIO DE JANEIRO - The most important Expo of its kind in South America got underway on Monday September 13th, with the world’s energy industry focusing its attentions on the week-long Rio Oil and...
By Doug Gray, Senior Contributing Reporter RIO DE JANEIRO – Brazil’s energy giant Petrobras announced last week record-breaking oil production levels for the month of April, before further good news for shareholders came with the announcement by the National Petroleum...
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