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Petrobras to bag whopping $6.5 billion for investments in Brazil oil...

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(S&P Global Platts) Brazilian state-led oil company Petrobras will be reimbursed around $6.5 billion for investments it made to develop the Atapu and Sepia...

Brazil’s Bolsonaro wants to change Petrobras’ fuel-price policy

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(S&P Global Platts) Rio de Janeiro — Brazilian President Jair Bolsonaro once again warned of changes at state-led Petrobras in a move that raised...

Mexico and Brazil populist presidents confounding investors

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(Reuters) - When a left wing populist and a far-right lawmaker rose to power in Latin America’s two largest economies, investors thought they knew...

Petrobras takes over BP’s stakes in basin where geologist say Guyana...

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The highly prospective Foz do Amazonas region in Brazil, which is part of South America’s Equatorial Margin, is considered to hold similar geology and...

Brazil’s oil industry in grip of deadliest pandemic wave yet

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(Reuters) - The deadly coronavirus wave that has torn through Brazil in recent weeks has not spared its oil industry, according to unions and...

Mexico investments in jeopardy as Guyana, Brazil and others push hard...

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Political instability has always been the Achilles' heel of Latin America. Investments in the region have often been jeopardized by governments who make changes...

Around 2500 offshore wells set to be drilled in major deepwater...

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Oil and gas exploration activities remain resilient even after a devastating year that saw investments declining by more than 30%, widespread shut-ins, and well...

Guyana and Brazil set to dominate non-OPEC+ oil supply growth, IEA...

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With US and Canadian oil production growth tapering off, Brazil is poised to be one of the key sources of expansion over the medium...

SBM Offshore is sole bidder for giant Brazil FPSO

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Brazil’s state-controlled oil company Petrobras received only one proposal, from Dutch floater specialist SBM Offshore, in a bid to construct the Mero 4 oil...

Brazil’s Enauta restarts production well after shutting down to replace oil...

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(S&P Global Platts) Brazilian independent oil and natural gas producer Enauta restarted a single production well at the offshore Atlanta Field, pumping about 10,400...