brazilian state oil company petrobras aims for chinas teapots in mexico

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Brazilian state oil company Petrobras aims for China’s

Brazilian state oil company Petrobras aims for China’s teapots with oil cargoes shipped to storage for future demand Two cargoes of Lula, Buizos crude to arrive in June-July Oil

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Petrobras

The 52 is the biggest Brazilian oil platform and the third-biggest in the world. In 2007 and 2008, Petrobras made several major oil discoveries including the Lula oil field (formerly known as the Tupi field), the Jupiter field, and the Sugar Loaf field, all in the

Headquarters: Rio de Janeiro, Brazil
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Brazil's Petrobras to sell stake in Argentinian natural

Rio de Janeiro — Brazilian state-led oil company Petrobras plans to sell its 34% stake in Argentinian natural gas processing company MEGA, the latest in an accelerating wave of asset sales under the leadership of new Chief Executive Roberto Castello Branco, Petrobras said in a statement Monday.

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Petrobras Brazilian corporation Britannica

Petrobras, abbreviation of Petróleo Brasileiro S.A., Brazilian oil and gas company that was founded in 1953 to engage in the exploration, production, refining, and transport of domestic petroleum and petroleum products. Originally a state-owned monopoly, Petrobras became majority-owned by the state but competes against other Brazilian companies as well as against foreign companies.

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Brazilian Oil Giant Petrobras Could Lose Its Most Valuable

Brazilian state-owned oil company Petrobras, the most indebted oil company in the world, could soon lose its status as the top operator in some of the country’s most prolific offshore oil

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Brazil’s Pre-Salt Extraction Costs Fall To $8 Per Barrel

Aug 13, 2017· Brazilian state oil company Petrobras was once the most indebted oil and gas company in the world, but things are beginning to change the U.S. Might Sanction China’s Largest Oil Company

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Petrobras sells Peru unit to PetroChina/CNPC for $2.6 billion

Brazilian state owned Petrobras is selling its Peru unit to the Chinese

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Petrobras Energy Analytics Institute (EAI) Energy

(Reuters, 13.Aug.2019) — More than 20 potential bidders are interested in the refineries that Brazil’s state-controlled oil company Petroleo Brasileiro Continue Reading → Posted in: Brazil,Latin America and Caribbean Filed under: Petrobras,refineries,Roberto Castello Branco

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Brazil’s Petrobras Expects $1.6 Billion From Total Deal

Brazil’s Petrobras Expects $1.6 Billion From Total Deal in Next Two Months Alliance between two companies expected to generate $2.2 billion for Brazil’s state-run oil firm as it aims to shed

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Petroleumworld, Latin America Energy, Oil and Gas, News

Brazilian state oil company Petroleo Brasileiro SA is shipping crude during June and July for storage in China to more quickly respond to demand from the country's independent refiners, two sources with knowledge of the matter said. China is the world's biggest oil importer driven partially by

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Brazil sells rights to offshore oil fields for €1.6

News Brazil sells rights to offshore oil fields for €1.6 billion. Brazil has traditionally protected its national oil champion, Petrobras, from international competition.

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PetroChina Buying Petrobras Peru Unit for $2.6B Latin

PetroChina Buying Petrobras Peru Unit for $2.6 bln. by Reuters. Wednesday, November 13, 2013. BEIJING, Nov 13 (Reuters) PetroChina, China’s top oil and gas firm, has struck a deal to acquire the Peruvian oil and gas assets of Brazilian state-led oil company Petrobras for $2.6 billion.

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Brazil's Petrobras, Joint Venture Hand Back Piracuca Oil

SAO PAULO, Jan 3 (Reuters) Brazil's state-controlled oil company Petroleo Brasileiro SA and Repsol Sinopec, a joint Spanish-Chinese venture in the country, are handing back exploration rights at

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LATIN AMERICA ADISOR ENERGY ADVISOR

inet. So far this year, Mexico has, on average, imported some 590,000 barrels per day (bpd) of gasoline and 232,000 bpd of diesel, mostly from the United States, Reuters reported. Meanwhile, Mexico’s crude oil production has been declining for years, and the six state-owned oil

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Former Braskem CEO target of Brazil corruption probe

Braskem is a joint venture of Brazilian construction conglomerate Odebrecht SA and state-run oil company Petroleo Brasileiro SA . Braskem and Petrobras did not immediately return a request seeking

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IR Report & Message vol modec

Southeast Asia, Pacific and West Africa. Large percentages of Brazil's oil fields exists offshore and among major offshore reservoir areas, Campos Basin, located northeast of Rio de Janeiro, holds numerous oil fields. In July 2005 MODEC, INC. was awarded a contract from Brazilian state oil company Petrobras for the supply and operation of an FPSO.

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Brazil Offers Petrobras Compensation For Lower Diesel

Brazil is offering Petrobras compensation for lowering its diesel prices as a reaction on the trucking strike the U.S. Might Sanction China’s Largest Oil Company. potential suitors for

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ATIN AMERICA ADISOR ENERGY ADVISOR huntonak

Petrobras Reaches Deal With Eletrobras on Debt Brazil’s state-run oil company Petrobras said Monday that it had reached a deal with Eletro-bras on the renegotiation of most of the state power company’s $5.76 billion debt, Folha de S.Paulo reported. Under the deal, Eletrobras will pay $4.8 billion of the debt in installments.

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Petroleo Brasileiro SA Petrobras (PETR4.LA) News| Reuters

SAO PAULO Two Iranian ships stranded for weeks at a Brazilian port will be able to set sail on Saturday after the firm chartering the vessels obtained court rulings obliging state oil company

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China: Latin America’s Financier The Epoch Times

Petrobras logo at the corporate headquarters of the Brazilian state oil company, in Rio de Janeiro, Brazil, on March 13. Petrobras accepted a $3.5 billion loan from China

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ATIN AMERICA ADISOR ENERGY ADVISOR huntonak

Petrobras Reaches Deal With Eletrobras on Debt Brazil’s state-run oil company Petrobras said Monday that it had reached a deal with Eletro-bras on the renegotiation of most of the state power company’s $5.76 billion debt, Folha de S.Paulo reported. Under the deal, Eletrobras will pay $4.8 billion of the debt in installments.

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Petroleo Brasileiro SA Petrobras (PETR4.LA) News| Reuters

SAO PAULO Two Iranian ships stranded for weeks at a Brazilian port will be able to set sail on Saturday after the firm chartering the vessels obtained court rulings obliging state oil company

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China: Latin America’s Financier The Epoch Times

Petrobras logo at the corporate headquarters of the Brazilian state oil company, in Rio de Janeiro, Brazil, on March 13. Petrobras accepted a $3.5 billion loan from China

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ENERGY ADVISOR thedialogue.org

tions by 2025, according to a company press release. The new plant will generate “hundreds of local jobs,” Vestas said. Petrobras Announces Plans to Divest Piranama Deepwater Fields Brazilian state oil company Petrobras announced last Friday that it had begun

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Google News Pre-salt layer Latest

The company is already the second-largest participant after Petrobras, Brazil’s state-run oil company. “Brazilian deepwater is such a high-quality business for us in our portfolio because this is where the lowest break-even prices can be realised; this is the most...

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Petrobras: Unfulfilled potential Financial Times

Oct 17, 2013· And for investors who bought shares in Brazil’s state-controlled oil company Petrobras in 2010 as cutting plan that aims to save R$34bn by 2016. in Mexico and west Africa, means Brazil

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Floating Liquefaction and Regasification Report

Brazilian state-run oil firm Petroleo Brasileiro SA posted its highest ever quarterly profit on Thursday and handily beat analysts' estimates, thanks in large part to billions of reais in asset sales. In a securities filing, Petrobras, as the firm is commonly known

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ENERGY ADVISOR The Dialogue

Oil Production at Brazil’s Petrobras Increases by 2.8 Percent in September Brazilian state oil company Petrobras produced an average of 2.79 million barrels of oil and gas per day in September, the company said Wednesday, Reuters reported. The state oil company increased its average oil output by 2.8 percent as compared to the month before

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Brazil to resume oil and gas licensing rounds cms-lawnow

The delay is also understood to have been motivated by concerns regarding local content and the capacity of Petrobras, the Brazilian state controlled oil company. Brazilian oil and gas concessions require operators to ensure that a certain percentage of goods and services required for exploration and development operations are acquired from

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IR Report & Message vol modec

Southeast Asia, Pacific and West Africa. Large percentages of Brazil's oil fields exists offshore and among major offshore reservoir areas, Campos Basin, located northeast of Rio de Janeiro, holds numerous oil fields. In July 2005 MODEC, INC. was awarded a contract from Brazilian state oil company Petrobras for the supply and operation of an FPSO.

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Latin America holds one fifth of world's oil Latin

Latin America holds one fifth of world's oil. Venezuela's reserves rise to 297 billion barrels with heavy oil in the Orinoco Belt and Brazil's capacity is growing.

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Brazil Extra, Petrobras, Latin America, Relocation

The Tupi offshore oil and gas discovery in November 2007 by Brazilian state-operated oil company Petrobras was reportedly one of the largest in the preceding 20 years. The area is estimated to contain 5-8bn barrels of recoverable light oil and gas. Petrobras aims to produce up to 1.8m bbl/day of oil from the Tupi field by 2020, bringing overall

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Blog Americas Quarterly

New reports released on September 8 revealed that the agency also spied on Brazil’s national oil company, Petrobras. Rousseff expressed further concern after learning that Petrobras, which is currently developing technology to dramatically expand offshore oil exploration, was a

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Karoon Eyes Output Boost After Grabbing Field Energy

Petrobras, as the Brazilian state-run oil firm is known, on Wednesday announced the sale of the Bauna cluster in Brazil’s Santos Basin for $665 million to Karoon, as well as the sale of the Pampo and Enchova shallow-water clusters to UK-based

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Brazil to resume oil and gas licensing rounds cms-lawnow

The delay is also understood to have been motivated by concerns regarding local content and the capacity of Petrobras, the Brazilian state controlled oil company. Brazilian oil and gas concessions require operators to ensure that a certain percentage of goods and services required for exploration and development operations are acquired from

get price

Latin America holds one fifth of world's oil Latin

Latin America holds one fifth of world's oil. Venezuela's reserves rise to 297 billion barrels with heavy oil in the Orinoco Belt and Brazil's capacity is growing.

get price

Brazil Extra, Petrobras, Latin America, Relocation

The Tupi offshore oil and gas discovery in November 2007 by Brazilian state-operated oil company Petrobras was reportedly one of the largest in the preceding 20 years. The area is estimated to contain 5-8bn barrels of recoverable light oil and gas. Petrobras aims to produce up to 1.8m bbl/day of oil from the Tupi field by 2020, bringing overall

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Blog Americas Quarterly

Politics, Business & Culture in the Americas Countries About Subscribe Newsletter. Search form

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Karoon Eyes Output Boost After Grabbing Field Energy

Petrobras, as the Brazilian state-run oil firm is known, on Wednesday announced the sale of the Bauna cluster in Brazil’s Santos Basin for $665 million to Karoon, as well as the sale of the Pampo and Enchova shallow-water clusters to UK-based

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Petrobras Splits Trading Teams Into Local

“The change aims to align Petrobras with movements in the sector and bring more synergies, innovation and agility to its trading unit,” Petroleo Brasileiro SA, as the Brazilian state

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ENERGY ADVISOR thedialogue.org

OIL & GAS. Brazil to Pay Petrobras $9 Bn . to Settle Dispute. The Brazilian government will pay . the state oil company to settle a deepwater contract dispute, following years of negotiations. The deal paves the way for other oil companies to access crude deposits in Brazil’s pre-salt area. Page 2. ENVIRONMENT. Chile Seeks to Be ‘More

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China signs $10-billion 'oil-for-loan' deal with Brazil news

Under the three-party agreements signed this week, the state-owned China Development Bank would lend $10-billion at low-interest rates to the Brazilian state-run oil company in return for a guaranteed supply of 7 million metric tonnes of crude oil in 2010, to Sinopec, which would increase to 10 million tonnes from 2011 to 2020.

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Commentary Reuters UK

RIO DE JANEIRO, Aug 14 Brazil's state-controlled oil company Petroleo Brasileiro SA plans to sell 15 of the 26 power plants it owns, Petrobras head of downstream, Anelise Lara, said on Wednesday.

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Monday Memo: Colombia Peace Talks — U.S. Refugee Status

Those arrested included Renato Duque, the former director of engineering and services at the state-owned oil company, as well as nine executives from construction firms who signed fraudulent contracts with Petrobras. Authorities also froze $277 million in assets belonging to

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Offshore Engineer Deepwater News oedigital

Brazil's Petroleo Brasileiro SA is nearing the sale of two oilfields in a process that could fetch around $1 billion and aid the state-run oil firm in its bid to reduce debt.Petrobras, as the company is known, has set a June 5 deadline to receive ACE Winches Wins Gulf of Mexico Contracts

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Brazil: Keppel Delivers FPSO P-57 to SBM for Petrobras

Brazil: Keppel Delivers FPSO P-57 to SBM for Petrobras. Keppel Offshore & Marine Ltd (Keppel O&M) has delivered the P-57 Floating Production Storage and Offloading (FPSO) vessel to SBM Offshore N.V. (SBM) early, within budget and safely. Gulf of Mexico, Brazil, the Caspian Sea, Middle East and the North Sea regions. Brazilian state-run

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Shandong News chinanews.ws

Shandong News. Categories. China News. Cities. Aksu; Altay; Anqing; Anshan; Anyang; Baoding; Baoji; Baotou

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COLUMN-Petrobras' remarkable 100-year bond: James Saft

COLUMN-Petrobras' remarkable 100-year bond: James Saft there is Petrobras, the state-controlled oil company in the midst of a corruption scandal and in

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