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Petrobras, Brazil’s state oil company, aims to prioritize Africa for oil exploration, citing Côte d’Ivoire’s offer to acquire offshore blocks as a significant opportunity. CEO Magda Chambriard noted interest from …
Petrobras Eyes Nigeria and Other Nations for Oil Exploration Read More
Localiza’s shares fell over 6% after strong Q1 results, despite a net profit exceeding expectations at 842 million reais. Analysts believe this stock move misrepresents the firm’s positive outlook due …
Localiza Shares Drop Despite Strong Q1 Profit Read More
Companies have commenced exporting gas from Argentina to Brazil through Bolivia. This initiative utilizes existing pipelines and aims to enhance energy cooperation across the region, as confirmed by YPFB and …
Argentina Initiates Gas Exports to Brazil Using Bolivia’s Pipelines Read More
Brazil expects extended tariff negotiations with the U.S. to encompass sugar and ethanol. Finance Minister Haddad expressed that both countries will have specific trade issues to address. Brazil argues that …
Brazil Anticipates Lengthy U.S. Tariff Negotiations on Sugar and Ethanol Read More
Brazil’s Energy Minister Alexandre Silveira criticizes developed nations for lacking interest in helping developing countries industrialize ahead of the Brics meeting. He addresses media critiques of Brazil’s oil exploration, emphasizing …
Brazil’s Energy Minister Critiques Developed Nations Ahead of Brics Meeting Read More
Argentina’s unconventional oil and gas sector, particularly in Vaca Muerta Shale, is maturing with increasing production, asset valuations, and M&A activity. Government reforms aim to improve investment conditions, although challenges …
Argentina’s Shale Sector Enters a New Stage of Maturity Read More
Qualicorp Consultoria e Corretora de Seguros S.A. has reached a 44.5 million real settlement with Brazilian authorities, which serves as a definitive solution to a legal case against the company. …
Qualicorp Reaches 44.5 Million Real Settlement with Brazilian Authorities Read More
Argentina’s government has greenlit a stimulus for YPF’s pipeline project costing nearly $3 billion, projected to generate over $15 billion in annual oil exports. Developed with partners like Shell and …
Argentina Government Approves YPF Pipeline Project Stimulus Read More
Argentina has approved YPF’s participation in a stimulus program for a $3 billion pipeline project from the Vaca Muerta shale to Rio Negro port, expected to generate over $15 billion …
Argentina Approves YPF’s $3 Billion Pipeline Stimulus Initiative Read More
Pietro Mendes has been nominated for a new term as chairman of Petrobras by the Brazilian government. Shareholders will vote on this nomination during a meeting scheduled for April 16. …
Brazil Nominates Pietro Mendes for New Term as Petrobras Chairman Read More