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Oil and Gas

12/01/2018 at 14:46h

Fuel prices from refineries up today

Brazil’s state-run oil company Petrobras said costs were raised by 1.4% and 0.7%, respectively, this Friday (12).

06/01/2018 at 07:00h

Aramco becomes joint-stock company en route to IPO

The Saudi Arabian state-run oil company is being converted into a joint-stock company to pave the way for an Initial Public Offering (IPO).

03/01/2018 at 14:53h

Oil production dropped in November

Output in Brazil amounted to 2.595 million barrels per day, down 1.2% from October and 0.5% from November 2016.

02/01/2018 at 14:54h

Gasoline, diesel prices change

Gas prices will drop by 0.1% at Brazilian refineries this Tuesday, while diesel’s will be up 0.6%.

21/12/2017 at 16:53h

Petrobras expects 0.5% investment hike

The Brazilian state-run oil company has released its plans for the next five years, which should see USD 74.5 billion be invested.

07/12/2017 at 16:19h

Pre-RFP out for oil exploration

Brazil’s National Agency of Petroleum, Natural Gas and Biofuels has issued a pre-request for proposals and the draft contract for the tender of 70 exploration blocks.

30/11/2017 at 12:51h

Oil industry tax break extended

The Brazilian Chamber of Deputies approved the extension of a draft Provisional Measure lifting taxes on imports of goods intended for oil and gas exploration, development and production.

14/11/2017 at 18:45h

GCC oil projects worth USD 331 billion

Such is the combined value of projects underway in the oil and gas industry in Gulf Cooperation Council countries.

14/11/2017 at 15:58h

IEA oil demand forecast scaled back

The International Energy Agency slashed its 2018 consumption projection for Brazil to 3.13 million bpd, besides shedding 50,000 bpd from its worldwide forecast.

03/11/2017 at 17:13h

Iraq exported USD 5.4 bn in oil in October

The country produced 103.7 million barrels last month, which results in an average above 3.3 million daily barrels.

01/11/2017 at 13:29h

Business owner confidence up in October

An index from think tank Fundação Getúlio Vargas climbed 2.6 points in October from September to its highest level since July 2014.

01/11/2017 at 13:27h

Pre-salt output increased 6.6%

In September, nearly 1.6 million daily barrels of oil equivalent were produced in the Brazilian pre-salt, which accounted for 49.8% of the country’s total.