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Brazil
Petrobras: New oil finds could top 15% of existing reserves
Petrobras announced the four new offshore fields it discovered this week contain 1.5 billion barrels of petroleum, equivalent to as much as 15.8% of the company's existing reserves.
Dec 30, 2005, 12:29
Petrobras’s P-50 FPSO to bring Brazil closer to self-sufficiency in oil
Brazil is on its way to becoming self-sufficient in oil by the second quarter of next year with its latest floating production system being deployed early in 2006.
Dec 30, 2005, 10:37
Brazil to raise gas price for distributors
Petrobras will raise its price for natural gas from Bolivia to Brazilian distributors starting on Jan. 1, according to the company's Gas and Energy department.
Dec 30, 2005, 08:17
Shell, Petrobras Declare Brazil Block Commercial
Royal Dutch Shell, Petroleo Brasileiro SA (Petrobras), and Exxon Mobil Corp. declared the commercial viability of four areas within their Brazilian BC-10 offshore block.
Dec 28, 2005, 15:48
Petrobras to Tap Major Offshore Oil Field
Petroleo Brasileiro (Petrobras) announced a huge offshore oil field off Brazil's southeast Atlantic coast is "commercially viable."
Dec 28, 2005, 15:20
Brazil to work with new Bolivian energy policies
Marco Aurelio Garcia, the adviser in international affairs at the Brazilian presidency, signalled a willingness to cooperate with a new government in Bolivia in its zeal to change the country's energy policies, but he also said Brazil plans to preserve its own interests.
Dec 20, 2005, 20:34
Brazil's oil production hits new record
Brazil's daily oil output hit a record 1.86 million barrels, with exceptional output from its offshore fields, according to the government oil company Petrobras.
Dec 20, 2005, 13:17
Brazil and Venezuela push to integrate infrastructure
The presidents of Venezuela and Brazil pressed forward with plans to build a shared oil refinery at this Atlantic port, vowing to bolster South America's neglected infrastructure.
Dec 17, 2005, 11:06
Petrobras to start intensifying operations in Brazil and US
The President of Petrobras, José Sergio Gabrielli, affirmed in Rio de Janeiro, that in 2006 the government-owned company will start intensifying its operations in the refining market of oil by-products, both in Brazil and the United States.
Dec 7, 2005, 16:04
Arbitration Panel Postpones Ruling on El Paso, Petrobras Dispute; Final Ruling Seen in 2006
Natural gas pipeline operator El Paso Corp. said an international arbitration panel has postponed its ruling on the company's dispute with Petroleo Brasileiro SA.
Nov 30, 2005, 14:02
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