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Tag: Oil Industry

RIO DE JANEIRO, BRAZIL - Brazil, which only began exporting more oil than it imported in 2019, will become the world's fifth-largest exporter of crude oil in 2030 thanks to a sharp increase in its production, Brazilian Mines and...
RIO DE JANEIRO, BRAZIL - (REUTERS) Consortia led by Brazil’s 3R Petroleum Oleo e Gas SA and private equity firm Seacrest Capital have submitted binding offers for a refinery and dozens of oilfields owned by state-run Petrobras, three people...
RIO DE JANEIRO, BRAZIL - The Brazilian oil company Petrobras plans to start drilling oil wells next year in the controversial concessions it was awarded in deep waters of the Atlantic, in front of the mouth of the Amazon...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Petrobras, the oil giant of Brazil, took to its website on Monday (January 23rd) to refute criticism that it is favoring foreign companies over national companies in the bidding process...
By William Jones, Contributing Reporter RIO DE JANEIRO, BRAZIL - Some of the world's biggest oil companies have snubbed Brazil's much-vaunted auction of offshore pre-salt oil blocks as the National Petroleum Agency (ANP) tried to remain positive despite receiving only a fraction...
By Samindra Kunti, Contributing Reporter RIO DE JANEIRO, BRAZIL - The Cidade Maravilhosa is already home to one of the world's richest real estate markets, and the sector keeps growing as, according to some reports, comparatively more units were sold...
By Anna Fitzpatrick, Contributing Reporter SÃO PAULO, BRAZIL – With an oil leak off the Brazilian coast and tense negotiations over state oil royalties, the deep sea "pre-salt" oil discoveries have shown that it is not just the state of...
By Sibel Tinar, Contributing Reporter RIO DE JANEIRO – The eyes of the global oil industry will be on Rio de Janeiro as it once again hosts the biennial expo Rio Oil & Gas, the biggest event of its kind in...
By Doug Gray, Contributing Reporter  RIO DE JANEIRO - One year after President Lula’s promise to use profits from the pre-salt oil deposits in Brazil’s Tupi oilfield to eradicate poverty, he has spoken of the importance of electoral support in...

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