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Petrobras

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

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