Page 4 - ஆற்றல் அமைச்சர் பெண்டோ அல்புகர்கி News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Worst drought in decades puts Brazil energy, agri interests on alert
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Brazil to launch energy rationing trial period amid drought, Congress leader says
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UPDATE 1-Brazil will not ration energy amid drought, Congress leader says
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Rio de Janeiro Brazil slashed its signing bonuses and profit-oil guarantees for the sale of the Atapu and Sepia fields now scheduled for December, significantly improving terms to develop the subsalt oil and natural gas deposits amid greater global competition for the oil industry s investment dollars, the Mines and Energy Ministry said April 20.
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Under terms approved by Brazil s National Energy Policy Council, or CNPE, Atapu will be sold for a signing bonus of $721 million and minimum profit-oil guarantee of 5.89%. That was down from a signing bonus of $3.4 billion and minimum profit oil of 26.23% at the previous sale held in November 2019.
Petrobras CEO nods to price parity, deepwater investment in market-pleasing speech
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