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EIG Clears Pathway to Buying Petrobras Assets

2021-01-07 15:10:00| OGI

EIG's bet in Brazil comes while the state firm Petrobras speeds up asset sales, ending what was nearly a state-held monopoly in natural gas five years ago.

Tags: buying assets pathway clears

 

Petrobras Readies 51% Stake Sale of Brazil-Bolivia Gas Pipeline

2020-12-23 15:32:58| OGI

Brazilian state-controlled oil company Petroleo Brasileiro SA has started the process to sell its 51% stake in the Brazil-Bolivia gas pipeline as part of a divestment program, the company said in a securities filing on Dec. 23.

Tags: sale gas stake pipeline

 
 

Petrobras Finds High Quality Oil in New Well at Giant Buzios Field

2020-12-22 14:41:34| OGI

Brazils state-controlled oil producer Petroleo Brasileiro SA confirmed the presence of high quality oil on Dec. 22 after drilling a new well at Buzios, the countrys second-most productive field.

Tags: high quality field oil

 

Brazil Senate Approves Reform of Gas Sector Including Break Up of Petrobras

2020-12-11 11:10:00| OGI

Brazil's Senate on Dec. 10 approved the basic text of a bill to further open up the natural gas market to private competition and break the monopoly held by state-controlled oil company Petrobras.

Tags: including break gas brazil

 

Brazils Petrobras Aims to Step Up Oil Exports and Asset Sales

2020-12-01 15:36:12| OGI

Brazils Petrobras on Nov. 30 projected a surge in oil exports and divestments over the next five years as it steps up plans to target overseas demand and cut debt.

Tags: sales step oil asset

 

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