Brazil News


Sinochem in Talks to Sell Peregrino Stake

Sep 25, 2024

The chief executive of Brazilian oil company Prio is 'optimistic' about talks with China's oil and chemicals firm Sinochem for the potential purchase of a stake in the Peregrino oil field, he told Reuters on Wednesday.No binding agreement has been reached so far…

New Petrobras CEO Pressed on Shipbuilding Reboot, Jobs

May 16, 2024

The next chief executive of Petrobras, Magda Chambriard, arrives with the résumé and mandate to make Brazil's state-run oil firm what it was under prior Workers Party governments: an engine of job creation and industrial development, said people familiar with the matter…

Current News

Brazil’s President Authorizes Offshore Wind Development

BOEM Boosts Monetary Penalties for Oil & Gas firms

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Technical Issue Shuts Down BP’s Caspian Sea Gas Platform

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