petrobras

Brazil to auction new oil blocks in 2013


September 20th, 2012 - 12:11 pm ICT by IANS
Brasilia, Sep 20 (IANS/EFE) Brazil is planning an auction of new oil and gas exploration and production blocks for May 2013, although that long-delayed round will depend on prior approval ... Read more...

Posted in Business |

Brazil says offshore find holds high-grade oil


August 15th, 2012 - 11:25 am ICT by IANS
Rio de Janeiro, Aug 15 (IANS/EFE) Preliminary drilling has confirmed that an offshore deposit discovered in March contains significant reserves of light crude, Brazilian state oil giant Petrobras said."New oil ... Read more...

Posted in Uncategorized |

Brazil oil giant announces new find


August 4th, 2012 - 12:31 pm ICT by IANS
Rio de Janeiro, Aug 4 (IANS/EFE) Brazilian state-controlled oil company Petrobras has announced the discovery of a new oil find at a deep-water well off the country's northeast coast.Petrobras said ... Read more...

Posted in Business |

Brazilian oil giant announces contracts worth $4.5 bn


July 21st, 2012 - 10:49 am ICT by IANS
Sao Paulo, July 21 (IANS/EFE) Brazilian state-controlled oil giant Petrobras and its partners BG Group, Petrogal Brasil and Repsol Sinopec will sign 10 contracts worth $4.5 billion for the construction ... Read more...

Posted in Business |

Chevron faces $25 mn fine for Brazil oil spill


July 20th, 2012 - 12:46 pm ICT by IANS
Rio de Janeiro, July 20 (IANS/EFE) Brazil's National Petroleum Agency said Thursday that Chevron Corp. will be fined nearly 50 million reais ($24.7 million) for an oil leak at an ... Read more...

Posted in Business |

Brazilian oil giant makes new deep-water find


July 13th, 2012 - 11:58 am ICT by IANS
Rio de Janeiro, July 13 (IANS/EFE) Brazilian state-controlled oil giant Petrobras said that it has discovered a new deep-water crude deposit.In a regulatory filing Wednesday, Petrobras said the find was ... Read more...

Posted in Business |

Loss of permit in Argentina a surprise: Petrobras


April 5th, 2012 - 12:05 pm ICT by IANS
Rio de Janeiro, April 5 (IANS/EFE) The decision by Argentina's Neuquen province to cancel a concession granted to Petrobras caught the Brazilian state-controlled oil giant by surprise, CEO Maria das ... Read more...

Posted in Uncategorized |

Brazilian firm makes offshore crude find


March 21st, 2012 - 11:46 am ICT by IANS
Rio de Janeiro, March 21 (IANS/EFE) Brazilian state-controlled energy giant Petrobras said Tuesday it discovered a new "high-quality" oil accumulation off the coast of Sao Paulo state.The new find was ... Read more...

Posted in Business |

Brazilian oil firm says refining shortfall to last until 2013


March 15th, 2012 - 11:21 am ICT by IANS
Sao Paulo, March 15 (IANS/EFE) Brazilian state-controlled energy giant Petrobras said it will experience fuel deficits until new domestic refineries come online in 2013 and therefore expects to import 80,000 ... Read more...

Posted in Business |

Chinese-Spanish venture makes oil find in Brazil


February 28th, 2012 - 11:25 am ICT by IANS
Madrid, Feb 28 (IANS/EFE) Chinese-Spanish oil venture Repsol Sinopec Brasil has made a new oil find in Brazil's deepwater Campos Basin, with the discovery offering one of the heaviest accumulations ... Read more...

Posted in Business |

Brazilian firm makes oil find


February 5th, 2012 - 1:19 pm ICT by IANS
Rio de Janeiro, Feb 5 (IANS/EFE) State-controlled energy giant Petrobras announced the discovery of an oil and natural gas accumulation in the Solimoes basin of Brazil's Amazon region.The find was ... Read more...

Posted in Business |

Ukraine, Brazil talk on energy


January 24th, 2012 - 4:55 pm ICT by IANS
Mexico City, Jan 24 (IANS/RIA Novosti) Ukraine has started talks with Brazil on joint development of hydrocarbons on the Black Sea shelf, Ukrainian Foreign Minister Konstantin Grishchenko said Tuesday."Naftogaz Ukraina ... Read more...

Posted in Business |

Brazil oil giant’s reserves’ rise


January 13th, 2012 - 11:21 am ICT by IANS
Sao Paulo, Jan 13 (IANS/EFE) Brazilian state-controlled oil giant Petrobras said its oil and gas reserves rose to 16.41 billion barrels in 2011, up 2.7 percent from the prior year.The ... Read more...

Posted in Uncategorized |

Brazil chopper with four onboard disappears


August 21st, 2011 - 6:34 am ICT by IANS
Rio de Janeiro, Aug 21 (IANS/RIA Novosti) A helicopter belonging to Brazil's oil and gas company Petrobras has disappeared with four people onboard in the Atlantic Ocean off the coast ... Read more...

Posted in World |

Brazilian oil giant to build world’s largest ethanol plant


August 19th, 2011 - 12:06 pm ICT by IANS
Sao Paulo, Aug 19 (IANS/EFE) Brazilian state-controlled oil giant Petrobras and private sugar and ethanol group Sao Martinho said they planned to build an ethanol plant with the capacity to ... Read more...

Posted in Business |

Brazilian oil giant to invest $11 bn in Mexico


August 1st, 2011 - 11:24 am ICT by IANS
Veracruz (Mexico), Aug 1 (IANS/EFE) Petroleo Brasileiro, or Petrobras, plans to invest $11 billion in oil exploration, production and refining projects in Mexico between now and 2015, an official said.Veracruz ... Read more...

Posted in Business |

Brazilian firm approves $225 bn investment plan through 2015


July 24th, 2011 - 12:26 pm ICT by IANS
Rio de Janeiro, July 24 (IANS/EFE) Brazilian state-controlled energy giant Petrobras has approved $224.7 billion in investment outlays for the 2011-15 period.The majority - $127.5 billion - will be allocated ... Read more...

Posted in Business |

Brazilian firm finds offshore oil, gas fields


July 6th, 2011 - 11:47 am ICT by IANS
Rio de Janeiro, July 6 (IANS/EFE) Oil giant Petrobras said it found two new offshore oil and gas fields in a deepwater area in the Espirito Santo basin, some 115 ... Read more...

Posted in Business |

Brazilian government websites hacked


June 25th, 2011 - 2:01 pm ICT by IANS
Rio de Janeiro, June 25 (IANS) Two Brazilian government websites were hacked Friday in a string of internet invasions that was launched by various groups in January, a ... Read more...

Posted in Uncategorized |

Brazilian firm announces new deepwater oil find


April 30th, 2011 - 12:07 pm ICT by IANS
Sao Paulo, April 30 (IANS/EFE) State-controlled energy giant Petrobras announced the discovery of a new high-quality crude deposit in deep waters off Brazil's southeastern coast.Located in the Albacora field of ... Read more...

Posted in Business |

Brazil’s Petrobras announces deep-water oil find


January 27th, 2011 - 11:26 am ICT by IANS
Sao Paulo, Jan 27 (IANS/EFE) Brazilian state-controlled energy company Petrobras said it struck oil at a pre-salt block located in "ultra-deep" waters of the Santos Basin, located off the country's southeastern coast.The ... Read more...

Posted in Business |

Brazil oil field’s name changed to `Lula’


December 30th, 2010 - 11:51 am ICT by IANS
Rio de Janeiro, Dec 30 (IANS/EFE) Brazilian state-controlled energy giant Petrobras Wednesday confirmed the commercial viability of two massive offshore oil and gas fields located deep beneath the ocean floor, announcing that ... Read more...

Posted in Business |

Brazil to make sugarcane fuel


July 23rd, 2010 - 10:04 am ICT by IANS
Sao Paulo, July 23 (IANS/EFE) Brazil will soon start producing sugarcane-based bio-fuel, which will be used in commercial vehicles from 2011. The sugarcane-based fuel will be produced in collaboration with an American biotech ... Read more...

Posted in Business |

New oil field discovered in Angola


July 14th, 2010 - 6:47 am ICT by IANS
Sao Paulo, July 14 (IANS/EFE) Brazilian oil firm Petrobras said it has found a new oil field at an exploration block 100 km off the Angolan coast at a depth of 470 ... Read more...

Posted in Business |

Brazil oil firm sets oil output record in April


May 9th, 2010 - 12:32 pm ICT by IANS
Rio de Janeiro, May 9 (IANS/EFE) Brazilian state-controlled energy giant Petrobras set a new monthly record for oil output in April, producing an average of 2.03 million barrels of crude per day ... Read more...

Posted in Business |

Brazilian firm to invest $400 mn in Colombia


March 18th, 2010 - 11:21 am ICT by IANS
Bogota, March 18 (EFE) Brazilian state-controlled energy company Petrobras plans to invest close to $400 million in Colombia over the next three years, Colombian business daily Portafolio reported Wednesday. "Petrobras is attuned to ... Read more...

Posted in Business |

Brazilian firm announces oil find in Colombia


March 12th, 2010 - 10:58 am ICT by IANS
Rio de Janeiro, March 12 (IANS/EFE) Brazilian state-controlled energy giant Petrobras has said that it discovered oil at a block in eastern Colombia. In a statement issued Thursday, Petrobras said the find was ... Read more...

Posted in Business |

Argentina to import gasoline for first time in 30 years


March 10th, 2010 - 12:02 pm ICT by IANS
Buenos Aires, March 10 (IANS/EFE) Argentine oil company YPF has said that it plans to import 50 million litres of gasoline as demand outstrips supply in the South American nation. Argentina, an oil-producing ... Read more...

Posted in Business |

Two oil reserves discovered in Brazil


February 26th, 2010 - 9:37 am ICT by IANS
Rio de Janeiro, Feb 26 (DPA) Brazil's state energy giant Petrobras announced Thursday that it has located two new significant oil deposits, estimated at a combined 65 million barrels. Both deposits are in ... Read more...

Posted in Business |

Brazilian firm creates petrochemicals giant


January 23rd, 2010 - 12:08 pm ICT by IANS
Sao Paulo, Jan 23 (IANS/EFE) Brazilian petrochemicals company Braskem has announced an agreement to acquire control of rival Quattor, a move aimed at creating one of the world's largest plastic resins producers. Braskem ... Read more...

Posted in Business |

Bolivian revenues from gas exports fall over $1 bn


December 4th, 2009 - 6:28 pm ICT by IANS
La Paz, Dec 4 (EFE) The revenues that Bolivia receives from natural gas exports will come in at roughly $2 billion for all of 2009, down from $3.16 billion last year, the ... Read more...

Posted in Business |

Brazilian oil giant announces new offshore find


November 18th, 2009 - 1:58 pm ICT by IANS
Sao Paulo, Nov 18 (EFE) State-controlled oil company Petrobras has announced the discovery of an estimated 25 million barrels of oil in Brazil's Atlantic waters. The deposit is located in the Campos basin, ... Read more...

Posted in Business |

Petrobras signs $10 bn loan deal with China


November 5th, 2009 - 3:46 pm ICT by IANS
Rio de Janeiro, Nov 5 (EFE) Brazilian state-controlled energy giant Petrobras said that it has signed a contract finalising a 10-year, $10 billion loan from China Development Bank (CDB) Corp, the biggest-ever ... Read more...

Posted in Business |

Brazil’s oil reserves will last 50 years: Minister


September 17th, 2009 - 12:08 pm ICT by IANS
Brasilia, Sep 17 (EFE) Brazil will have crude for half a century and become a leading oil exporter and "an important player in international geopolitics", the country's energy minister has said during ... Read more...

Posted in Business |

Petrobras expects to be world oil major by 2020: Official


March 25th, 2009 - 3:21 pm ICT by IANS
Rio de Janeiro, March 25 (EFE) The CEO of Brazil's Petrobras has said that the state-controlled firm will be one of the world's largest oil companies by 2020. It intends to produce 5.7 ... Read more...

Posted in Business |

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