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Oil and Gas

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.

30/10/2017 at 19:11h

Qatar part of group that won pre-salt block bid

State-owned Qatar Petroleum is part of a consortium that won the tender for the Alto de Cabo Frio Oeste area, in the Santos Basin, alongside Shell and Chinese company CNOOC.

27/10/2017 at 17:01h

Federal government grosses USD 1.89 bn through oil tenders

The second and third bidding rounds for pre-salt area production sharing agreements were held this Friday. Winning bids were placed for six out of eight blocks on offer.

26/10/2017 at 12:59h

Petrobras to save USD 10 million

The Brazilian state-run oil company will restructure its oil exploration, production and refining operations, as well as its natural gas operations, which will lead to cost-cutting.

18/10/2017 at 19:46h

Petrobras’ output goes up

In Brazil, the company produced in September 2.8% more oil and 2% more natural gas than in August.

13/10/2017 at 16:56h

World oil consumption to increase in 2018

The OPEC expects demand to hike by 1.4 million barrels per day. It has revised its forecast due to an improved outlook for the global economy.

05/10/2017 at 13:11h

Saudi Aramco to IPO in 2018

The Saudi Arabian state-run oil company is expected to go listed in the second half of next year, one of its executives said. Its shares will be offered in domestic and international stock exchanges.

02/10/2017 at 17:20h

Oil and gas output declined in August

Brazil produced 3.28 million of barrels of oil equivalent per day, a lower volume than registered in July and August of last year.

25/09/2017 at 14:05h

UAE reduces oil exports

Acessar notícia

According to the Arab country’s minister of Energy, international sales of the commodity were reduced by 10% in the last two months, as part of an OPEC agreement.

04/09/2017 at 15:40h

Natural gas output breaks record

Production averaged 115 million cubic meters per day in July, exceeding the previous record from December 2016.