Brazilian state-run energy giant Petroleo Brasileiro SA notified the country’s National Petroleum Agency late Friday that a wildcat well in the Santos Basin tested positive for oil. For full story, click here
Continue reading "Brazil Petrobras declared Offshore Oil Find in BM-S-7 Block"
Friday, July 3, 2009
Brazil’s government managed oil corporation Petrobras declared this week it had commenced refining oil from the Tupi field, located at the pre-salt area of Santos Basin which is Brazil’s great hope for becoming a major player in the world’s hydrocarbons market. For full story, click here
Continue reading "Brazil’s Petrobras has commenced refining oil from Pre-Salt Basin"
Tuesday, May 26, 2009
Brazilian state-run energy giant Petrobras announced that it will hold two or three more natural gas spot-market auctions in 2009. For full story, click here
Continue reading "Brazil’s Petrobras will hold more gas auctions in 2009"
Monday, May 11, 2009
Repsol YPF SA, Spain’s leading oil company has found natural gas in the Santos Basin off the coast of Brazil. For full story, click here
Continue reading "Repsol, Petrobras has discovered natural gas in Santos Basin Block"
Friday, May 1, 2009
Brazilian state-run energy giant Petrobras announced that it will hold its second spot auction of natural gas on May 12. For full story, click here
Continue reading "Brazil’s Petrobas will hold Second Natural Gas Auction on May 12"
Tuesday, April 28, 2009
Brazilian state-run energy giant Petrobras announced that it has successfully launched its first auction of natural gas in which 16 gas distributors are participating. For full story, click here
Continue reading "Brazil Petrobras called first Natural Gas Auction a huge success"
Wednesday, April 15, 2009
Brazilian state-run energy giant Petrobras, notified the National Petroleum Agency about the discovery traces of natural gas in two exploration wells. For full story, click here
Continue reading "Brazil’s Petrobras announced two natural gas finds to ANP"
Tuesday, August 26, 2008
By Duncan Sutherland – Exclusive to Gas Investing News Market news Ouch! Natural gas futures are hovering at six-month lows, in the mid-high US$7 range, on the NYMEX. Down by almost half their values in July, futures contracts reflect a growing conventional wisdom that demand is not going to keep up with American production “rising [...]
Continue reading "South Parse: August 26"
Tuesday, August 12, 2008
India based Oil and Natural Gas Corporation has received approval from government to partner Petrobras of Brazil and Statoil Hydro of Norway in the gas rich KG-DWN-98/2 block. For more information, click here For more information on ONGC, click here
Continue reading "ONGC gets approval to include Petrobras, Statoil in KG project"
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Monday, August 3, 2009