Displaying 1 - 10 of 14 articles
On January 24 2013 the National Agency of Petroleum, Natural Gas and Biofuels (ANP) published a draft of the preliminary tender package for the 11th oil and gas bidding round, in which 172 blocks will be offered. ANP is entitled to remove or add further blocks to the list at any stage, provided...
At an energy seminar this week, the General Director of ANP (Brazil’s National Petroleum Authority), Magda Chambriard, announced that the country’s natural gas output could nearly double by 2020 and reach up to 120 million cubic meters a day. “Between 2016 and 2018, 21 new platforms...
HRT Participações em Petróleo S.A. has announced the discovery of hydrocarbons in well 1-HRT-8-AM, Block SOL-T-169, in the Solimões Basin announces that its subsidiary HRT O&G Exploração e Produção de Petróleo Ltda. submitted to...
BG Group will sell a majority stake in Brazilian Comgás to Cosan for approximately $1.8 billion. Cosan is Royal Dutch Shell’s Brazilian partner. The deal is part of an asset sale programme aimed at ensuring BG can pursue multibillion-pound investments in developing assets in Brazil...
Brazil has found reserves to ensure self-sufficiency in the coming five years announced Mines and Energy minister Edison Lobao. The country currently imports 35% of its natural gas from Bolivia. The report from the National Petroleum Agency, ANP, says Brazil that has natural gas reserves on land...
BG Group Plc plans to sell half of its 40 percent interest in the Quintero liquefied natural gas plant on Chile’s central coast as it focuses on developing natural-gas fields in the U.K. and Brazil.U.K. based BG plans to keep 20 percent of the plant and will consider an expansion with other shareholders...
No issue in Latin America this year may be more fraught with volatility than energy.The Mayan calendar prophesied the end of the world this December. But for Latin America’s energy scene, the year is shaping up to be anything but a march toward the end of time. There are several themes to consider...
Petrobras announced recently that its proven reserves of oil, condensate and natural gas rose 2.7 percent in 2011 to 16.4 billion barrels of oil equivalent, based on criteria used by the Brazilian National Petroleum Agency (ANP) and the Society of Petroleum Engineers (SPE).Source: Petrobras
Many traditional oil-importing countries such as France and Chile could transform themselves into exporters since the discovery shale gas.According to experts cited in an analysis from entornointeligente.com, which cited British Petroleum (BP), proven reserves of conventional gas reach about 187 billion...
Canadian Fortress Energy Inc. announced yesterday it has entered into a letter of intent to acquire 100% of the shares of a Brazilian private oil and gas company Alvorada Petroleo S.A. for an acquisition price of US$37 million. Alvorada owns a 100% working interest in 7 exploration Blocks located in...