Tagged With Brazil
25 January 2024
Despite environmental criticism, President Lula sees opportunity to build bridges with OPEC+ allies
1 September 2023
Soaring pre-salt production sees Latin America’s largest country pull away from the local competition
23 May 2023
The five economies are shaking up global markets, and they could be on the cusp of a major break from the existing order
8 February 2023
Investors are wary about government intervention as the NOC welcomes its latest CEO
1 November 2022
M&A activity may have slowed in recent months, but turbocharging production is the new goal for the country’s emerging independents
20 October 2022
Ballot box verdict could prove existential for the NOC, amid controversial calls from the incumbent to break apart the Brazilian energy giant
9 September 2022
The upcoming election pits the right-wing incumbent against a left-wing former president
16 August 2022
Petrobras is starting to see significant production gains in the pre-salt, while independents are already raising output at fields divested by the NOC
26 July 2022
Distributor CDGN has an agreement for gas, but flexible contracts and limited output mean Bolivian volumes are likely to continue to flow to the highest bidder
4 July 2022
Threat of subsidies and political interference grows as under-pressure president refuses to accept rising domestic fuel prices
28 June 2022
The RNEST, Repar and Refap facilities are open for offers again, but the divestment programme’s future is in doubt
31 May 2022
As Petrobras starts to wind down its portfolio divestment, Brazil is entering a new era of upstream consolidation
19 April 2022
Brazil and Colombia may be about to follow the pattern of their neighbours in taking a political left turn
28 March 2022
While the region’s crude producers stand to benefit from high prices, LNG importers will feel the pressure
14 February 2022
The sector is attracting attention from both domestic and international firms
9 February 2022
Norwegian firm reports healthy progress on its Brazilian portfolio
8 February 2022
Brazil stands out from the rest of the continent in terms of growth potential
1 February 2022
The northeastern Brazilian offshore province is poised to make progress this year
21 January 2022
Declining production and cheaper LNG threaten the country’s role as gas supplier to its neighbours
20 January 2022
The German independent is overhauling its Latin American portfolio
17 January 2022
Peruvian firm signs deal to increase export volumes and looks at ways to further bolster them
20 December 2021
The world has no lack of recoverable oil and gas resources. But where they will come from in the future will change
30 November 2021
The offshore region is poised to significantly ramp up production as more midstream gas infrastructure reaches startup and divestments keep coming
21 October 2021
President Bolsonaro considers privatising the NOC as fuel prices climb and divestments drag
11 October 2021
Bidding round deemed a disappointment after most operators steer clear
7 October 2021
Government inaction and rapidly changing climate have combined to highlight the importance of diversifying the country’s energy mix
5 October 2021
The energy transition is increasing the risk of huge discoveries becoming stranded indefinitely
4 October 2021
Pledge to divest half of the company’s refining capacity by year-end is starting to look doubtful
26 August 2021
Political and financial motivations vary, but the region is noticeably lurching towards greater resource nationalism
24 August 2021
Supply- and demand-side factors pushed contracts to multi-year highs in recent months and may continue to lend support going into the fourth quarter
26 July 2021
The independent is rapidly expanding its footprint in Brazil and may not have finished just yet
15 July 2021
Extreme dry spell is highlighting the need to kickstart the country’s gas liberalisation efforts
1 July 2021
Upstream firms are opening their wallets again as offshore prospects look more lucrative
28 June 2021
The auctioning process for the Transfer of Rights fields has been streamlined, and hopes are high for a better showing at the end of the year
24 June 2021
The previously exploration-focused firm has expanded its footprint offshore Brazil and is now eyeing further production opportunities
20 May 2021
Surging pre-salt oil production will rely on the region for future revenues and rising exports
20 April 2021
The pandemic has showcased the importance of reaching digital maturity, and state oil companies are taking notice
13 April 2021
Downstream divestment programme at risk as federal office scrutinises auction
16 March 2021
Court case vindication could open the door to next year’s election, with implications for the NOC and wider energy reforms
4 March 2021
The pandemic wreaked havoc on NOC balance sheets in 2020, but the region still has some competitive advantages
11 February 2021
Divestments have struggled to get going amid tough economic conditions, but could the first refinery sale prise open the door?
11 January 2021
The Brazilian producer revises down its 2021 crude production forecast but still has ambitious long-term pre-salt growth plan
23 October 2020
Booming crude production in the region is helping to offset financial shock caused by Covid-19
20 October 2020
Long-term production project delayed as economic malaise upends upstream timeline
18 September 2020
Spotlight falls on pre-salt production as Latin American NOC dials down capex
6 August 2020
Hefty financial losses and a depressed oil market fail to sway Brazilian NOC from pursuing ambitious upstream strategy
21 July 2020
Argentina’s Galileo aims to tackle the country’s lack of pipeline capacity through road tankers
21 May 2020
Brazilian heavyweight announces huge losses on assets it believes are no longer commercially viable
1 May 2020
Economic growth may be rebounding, but demand for Latin American crude remains minimal
8 April 2020
Brazilian company revises spending and downgrades production from high-cost assets to lessen financial burden
