Page 15 - Equatorial Margin News Today

Brazilian oil giant Petrobras has launched the sale process for its 40% stake in two exploration oil concessions in the Potiguar basin’s deep waters in the Equatorial Margin, off the coast of Rio Grande do Norte.

Oil giant Petrobras has launched the sale process for its 40% stake in two exploration oil concessions in the Potiguar basin's deepwaters.

By Peter Millard (Bloomberg) — Expensive offshore exploration setbacks for international oil majors including Shell Plc and Exxon Mobil Corp. are throwing cold water on their plans to turn Brazil into...

Expensive offshore exploration setbacks for international oil majors including Shell Plc and Exxon Mobil Corp. are throwing cold water on their plans to turn Brazil into a profit center.

Three exploration wells that Shell has drilled in Brazil in hopes of making the next big discovery have come up dry,

The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.

The recent pre-salt oil discoveries, in the Central Alto de Cabo Frio and Aram areas, open up a scenario of new extraction opportunities for Brazil. The discoveries are the result of the intensification of the extraction efforts by Petrobras, which plans to invest US$ 5.5 billion in this segment in the next five years.

The heads of state of Brazil, Guyana, and Suriname this week will take the first steps toward forging an infrastructure that…

The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.

A flood of bullish factors have sent oil prices higher at the start of the week, with fears about Omicron fading on the back of some promising reports