Petrobras wrapping up due diligence to buy back refinery from Mubadala, sources say
Petrobras is wrapping up due diligence for a bid on the Mataripe refinery it sold to Abu Dhabi sovereign fund Mubadala for $1.65bn...
GA Drilling Partners with Petrobras to Deliver Extreme Efficiency in the Deep Drilling Process
Drilling innovator de-risks ultra-deep drilling with speed and extended tool lifeHOUSTON, July 25, 2024 (GLOBE NEWSWIRE) -- Today GA Drilling, a pioneer in...
Declining Mexican crude output could shatter energy independence hope
Shortfall in domestic crude supply could see Mexico increasing imports to feed the $17bn refinery built by previous president.
TechnipFMC Awarded Substantial Flexible Pipe Contract by Petrobras
NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) has been awarded a substantial(1) contract by Petrobras to supply flexible pipe for the pre-salt fields offshore...
Brazil’s Petrobras ups gasoline prices 7%, first hike under new CEO
Petrobras in 2023 ditched a more market-based pricing policy in favor of one that gave it more flexibility to smooth out price swings.
Brazil’s Lula defends oil exploration near Amazon River
Brazil's President Luiz Inacio Lula da Silva said Wednesday that a controversial offshore oil exploration plan near the mouth of the Amazon River...
Baker Hughes Awarded Major Integrated Solutions Contract for Petrobras’ Offshore Fields
Multi-year project will see Baker Hughes provide solutions in pre-salt and post-salt fields offshore BrazilBaker Hughes’ comprehensive, integrated approach focuses on operational excellence,...
Fossil fuels set to be as unpopular as cigarettes: Brazil energy minister
Fossil fuels will eventually be seen as just as unhealthy as cigarettes, according to Brazil Energy Minister Alexandre Silveira, who oversees the South...
Carbon Tracker report: No oil and gas majors aligned with climate targets
All major oil and gas companies plan fossil fuel expansion incompatible with limiting warming to 1.5 degrees Celsius, a new report said Wednesday....
