Tagged With Petrobras
8 February 2023
Investors are wary about government intervention as the NOC welcomes its latest CEO
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
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
14 February 2022
The sector is attracting attention from both domestic and international firms
1 February 2022
The northeastern Brazilian offshore province is poised to make progress this year
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
12 October 2021
The NOC has added another sale to its long list of divestment targets
4 October 2021
Pledge to divest half of the company’s refining capacity by year-end is starting to look doubtful
9 August 2021
Fading market volatility and rising global energy demand should boost the operator’s focus on pre-salt crude growth
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
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
25 May 2021
Portfolio rebalancing is helping boost M&A activity across the continent
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
3 March 2021
The company’s pre-salt portfolio helped offset last year’s economic crisis, but investors will still be nervous about potential downstream interference
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
25 November 2020
Asset sales in the region are again starting to lure buyers after a tough financial year
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
10 September 2020
Brazilian company has ambitious divestment package but could be thrown off track by adverse economic conditions
6 August 2020
Hefty financial losses and a depressed oil market fail to sway Brazilian NOC from pursuing ambitious upstream strategy
19 June 2020
Economic reality is likely to stall the breakneck speed of the Brazilian firm’s asset sales plan
21 May 2020
Brazilian heavyweight announces huge losses on assets it believes are no longer commercially viable
8 April 2020
Brazilian company revises spending and downgrades production from high-cost assets to lessen financial burden
3 March 2020
Brazilian NOC’s commitment to the offshore province and portfolio overhaul is helping offset unstable commodity prices
12 December 2019
The region is well-placed to shrug off any transition headwinds, according to Welligence
6 December 2019
Brazilian heavyweight revises down its output projections as it focuses on the long-term
11 November 2019
Enormous offshore pre-salt reserves fail to entice IOCs to the Transfer of Rights surplus bidding round
22 October 2019
Expanding output from the pre-salt province starts to bear fruit for the Brazilian company
6 September 2019
The Transfer of Rights Surplus Bidding Round promises to attract a bevy of international players and generate enormous rewards for the government
16 August 2019
The government has progressed on freeing Petrobras from its unwanted dominance of the domestic gas market
6 August 2019
Brazilian company re-evaluates spending strategy while focusing on divestment
10 June 2019
Oil and gas majors are setting increasingly ambitious divestment targets, despite volatile market conditions and questions over the size of the buyer pool
10 April 2019
Brazilian company posts best financial results since bribery scandal
3 April 2019
Brazilian company posts best financial results since bribery scandal
15 March 2019
The Brazilian company will need to maintain momentum to meet its ambitious divestment objectives
4 January 2019
Is the fragile market cracking under pressure? Despite some ambitious growth-oriented investments, some of the continent's traditional big guns will be facing challenges in 2019
17 December 2018
Brazil was hoping to start a new page in 2018, while Mexico’s new president also announced changes. But Venezuela continued its precipitous decline