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Petrobras

Brazil’s Petrobras is on track to become the world’s largest oil producer among publicly listed companies by 2030. Read more

Commodities

Twenty potential bidders are interested in the refineries that Brazil’s state-controlled oil company Petroleo Brasileiro SA plans to sell Read more

Refining & Petrochemical Processing

The global market for floating production, storage and offloading vessels (FPSOs) is headed for a major renaissance with as many as 24 FPSO awards expected by 2020, driven to a great degree by Brazil. Read more

Offshore & Marine

Brazil’s state-controlled oil company Petroleo Brasileiro SA announced on Monday the start of a sale process for refining and logistics assets, according to a securities filing. Read more

Commodities

Brazil’s Petroleo Brasileiro SA is reorganizing its trading business, the company told Reuters on Monday, as the state-run oil firm seeks to best take advantage of an expected increase in oil and gas exports. Read more

Commodities

Digitalization, LNG among producers' top priorities Read more

Plant Management & Operations

A planned transfer of a 112,229 barrel-per-day (bpd) refinery in Pasadena, Texas, to Chevron Corp from Brazil’s state oil company Petrobras stalled. Read more

Refining & Petrochemical Processing

Royal Dutch Shell plc, through its subsidiary Shell Brasil Petróleo Ltda. (“Shell”), today announces with consortium partners the start of production at the Lula North deep-water project in the Brazilian Santos Basin. Read more

Upstream

Chevron Corp. has agreed to buy a Texas oil refinery with a troubled past and space to handle a coming flow of shale from its West Texas operations. Read more

Refining & Petrochemical Processing

Chevron Corp. held talks to acquire Pasadena Refining System Inc (PRSI), a Texas oil refining unit of Brazilian state-run oil firm Petroleo Brasileiro SA. Read more

Refining & Petrochemical Processing

Brazil’s state-controlled oil company Petroleo Brasileiro may extend the deadline for potential bidders for a 60 percent stake in four refineries to sign non-disclosure agreements. Read more

Refining & Petrochemical Processing

Brazilian state-run oil company Petroleo Brasileiro SA is starting the binding phase of the sale of its Pasadena, Texas-based refinery, the company said in a securities filing. Read more

Downstream

Brazil’s state-controlled oil company, Petróleo Brasileiro SA, had started taking steps to sell its refinery in Pasadena, Texas, an installation ensnared in Brazil’s largest corruption scandal. Read more

Refining & Petrochemical Processing

Total announces that it has taken the investment decision for the first large-scale development phase of the Libra project, located deep offshore, 180 kilometers off the coast of Rio de Janeiro, in the pre-salt area of the Santos Basin in Brazil. Read more

Offshore & Marine

Exxon Mobil Corp and Petróleo Brasileiro SA, Brazil’s state-controlled oil producer also known as Petrobras, said on Thursday they had formed an alliance to develop energy projects around the world. Read more

Drilling & Exploration

The Bureau of Safety and Environmental Enforcement and U.S. Coast Guard are conducting an investigation into the fatality of a drillship worker in an area of the Gulf known as Walker Ridge 469, about 172 miles south of Port Fourchon, Louisiana. Read more

Offshore & Marine

Royal Dutch Shell and Petrobras signed a Memorandum of Understanding (MoU) to establish a long-term mutual collaboration in developing pre-salt fields in Brazil. Read more

Upstream

  • Roberto Castello Branco, CEO of Petrobras

  • Pasadena Refining (PRSI) in Pasadena, Texas.