TOP STORIESSouth Africa’s oil refiner’s future in jeopardy after oil refiners’ halts operationsGBO CorrespondentJanuary 13, 2021 GBO CorrespondentJanuary 13, 2021 Glencore’s Astron Energy has halted operations due to an explosion in July...
TOP STORIESPetrobras to sell 50% stake in the famed Marlim oil clusterGBO CorrespondentNovember 18, 2020 GBO CorrespondentNovember 18, 2020 The Marlim cluster is located in the Campos Basin, offshore Brazil...
TOP STORIESPetrobras restarts oil trade with Vitol and others after two yearsGBO CorrespondentSeptember 16, 2020 GBO CorrespondentSeptember 16, 2020 The company will spend $40 bn between 2021 and 2025 on capital...
TOP STORIESPetrobras and Microsoft continue to work together despite of Covid 19 pandemicGBO CorrespondentAugust 21, 2020 GBO CorrespondentAugust 21, 2020 The oil major will process its myriad of geological data with the...
TOP STORIESPetrobras begins new development for Santos Basin oil projectGBO CorrespondentAugust 19, 2020 GBO CorrespondentAugust 19, 2020 Metro field produces 26,000 bpd of crude oil, daily...
TOP STORIESBrazil’s oil major Petrobras expands presence into AsiaGBO CorrespondentAugust 14, 2020 GBO CorrespondentAugust 14, 2020 Brazil imported an average of 1.07 million barrels per day of oil...
TOP STORIESPetrobras is preparing tender for Brazil’s largest oil platformGBO CorrespondentJuly 9, 2020 GBO CorrespondentJuly 9, 2020 Petrobras plans to launch the tender by the end of August...
TOP STORIESOil giant Petrobras to lay off 20% of its workforceGBO CorrespondentJuly 2, 2020 GBO CorrespondentJuly 2, 2020 Brazilian state-owned oil company Petrobras could let go around 20 percent of...
TOP STORIESPetrobras to issue global bonds in the US marketGBO CorrespondentMay 28, 2020 GBO CorrespondentMay 28, 2020 Petrobras hired BNP Paribas Securities, BofA Securities, Itau BBA USA Securities, J.P....
TOP STORIESBrazil’s Petrobras to cut production by 3% in response to coronavirusGBO CorrespondentMarch 27, 2020 GBO CorrespondentMarch 27, 2020 The company will also delay dividend payment and slashed 2020 investments by...