Brazil's Petrobras announces fresh oil discovery in Buzios field
Brazilian state-run oil firm Petrobras has confirmed the presence of oil in a well at its offshore Buzios field, the firm said on Friday, without giving details on the size of the discovery.
Upstream7d
Petrobras starts production from Brazil’s largest FPSO
Petrobras expects output in Buzios to reach 1 million bpd by the second half of 2025, as production from the Almirante Tamandare FPSO ramps up. According to data from Brazilian market regulator ANP, Buzios is currently producing about 744,
Brazil Offshore Oil Hit by Regulator’s Crackdown on Drilling
Brazilian regulators are cracking down on some offshore drilling by oil giants like Petrobras and Equinor ASA, complicating exploration and production projects at a key moment in the nation’s effort to boost crude output.
Brazil's Lula to meet with environment agency on Petrobras' bid to drill near mouth of the Amazon river
Brazil's President Luiz Inacio Lula da Silva will meet with environmental agency Ibama either this week or the next to discuss Petrobras' bid to drill for oil near the mouth of the Amazon river, he told a local radio station on Wednesday.
Upstream12d
Petrobras chases diving vessels for work offshore Brazil
Petrobras has approached the market with several tenders to charter vessels to attend its needs and anticipate a rise in costs.
Petrobras Urged by Lula to Cut Fuel Brokers Who ‘Rob’ Consumers
Brazil’s state-run oil producer Petrobras should get rid of intermediaries and sell directly to consumers in order to lower fuel prices, President Luiz Inacio Lula da Silva said Monday.
Brazil's Petrobras, Banco do Brasil contract export credit notes for $1.14 billion
Brazilian state-run oil company Petrobras and lender Banco do Brasil have contracted two export credit notes totaling 6.5 billion reais ($1.14 billion), Petrobras said on Thursday.
Petrobras should sell fuel directly to large consumers, says Lula
Brazil's state-run oil firm Petrobras should consider selling fuel directly to large consumers in order to reduce prices at the pump, President Luiz Inacio Lula da Silva said on Monday, without giving further details on his suggestion.
Petrobras starts new production at Buzios, expected to become company's biggest oilfield
Petrobras starts production at Buzios 7, the company's sixth project in the Buzios oilshore offshore Brazil, expected to raise production in the field to as much as 1M bbl/day by H2.
Brazil's Petrobras to raise diesel output by 120,000 bpd this year, says director
Brazilian state-run oil firm Petrobras expects to boost its diesel output by some 120,000 barrels per day (bpd) this year due to the expansion of S-10 diesel production in some of its refineries, the firm's industrial processes head said.
Petrobras considers canceling FPSO tender after high bid, sources say
Brazil's state-run oil firm Petrobras is considering canceling a tender to charter a production storage and offloading vessel (FPSO) from India's Shapoorji Pallonji Energy, two sources with knowledge of the matter told Reuters.
Brazil Offshore Oil Hit by Regulator’s Crackdown on Drilling
Brazilian regulators are cracking down on some offshore drilling by oil giants like Petrobras and Equinor ASA, complicating exploration and production projects at a key moment in the nation’s effort to boost crude output.