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By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – As Brazilian officials celebrated extremely positive pre-salt production, President Michel Temer signed on Wednesday concession contracts for another six pre-salt areas auctioned in October of 2017, raising expectations that production...
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 Nelson Belen, Contributing Reporter RIO DE JANEIRO, BRAZIL - In a Wednesday, October 18th statement from Brazil oil giant Petrobras, in September, oil production in Brazil averaged 2.17 million barrels per day, approximately 2.8 percent higher than in August. In...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The government of Brazil is hailing last week’s oil field exploration auction as a sign that foreign and Brazilian investors alike are regaining confidence in the country and its economy,...
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 – Brazil’s Chamber of Deputies concluded on Wednesday the approval of a bill which changes the pre-salt oil exploration rules in the country withdrawing the requirement of a 30 percent participation...
By Nelson Belen, Contributing Reporter RIO DE JANIERO, BRAZIL - Earlier this week, Brazil oil giant, Petrobras, and the French oil and gas company, Total, signed a strategic partnership agreement setting the framework for segments of gas and energy exploration...
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – The largest conference in Latin America in the oil and gas sector, Rio Oil and Gas 2016, began on Monday, October 24th, in Rio de Janeiro, with Brazilian officials...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The House of Representatives in Brazil approved this week a bill that removes the participation requirement of state-owned Petrobras in all of pre-salt oil exploration in the country. Approved by...
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – The Mines and Energy Minister of brazil, Fernando Bezerra Coelho, announced on Thursday that the federal government will be auctioning off old onshore petroleum fields in February of 2017...
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