“The Libra oil discovery in Brazil is one of the largest deep water oil accumulations in the world. We look forward to applying Shell’s global deep water experience and technology, to support the profitable development of this ...
Tags: Shell, oil discovery
Brazil's Braskem has been buying bigger volumes of naphtha from Europe in recent days due to low stocks in Brazil as the petrochemicals producer continues to negotiate with Brazilian state-led oil company Petrobras over the terms of a ...
Colombia in January will begin importing 39 MMcf/d of natural gas from neighboring Venezuela to meet domestic needs, ending decades of natural gas self sufficiency, the head of Ecopetrol said Monday. The country is negotiating to increase ...
Tags: natural gas, crude
Pakistan is set to regain ground in the Asian beverage-grade ethanol market amid recent surge in Brazilian ethanol -- the predominant source of grade B product currently, market sources said Tuesday. With several Pakistani sellers set to ...
Tags: freight rates, Grade B Ethanol, price
Austria-based steelmaker voestalpine has announced that it will supply 120,000 mt of high-strength linepipe plates for Brazilian multinational Petrobras' third pipeline in the world's largest oilfield, near Rio de Janeiro, Brazil, between ...
Tags: Metallurgy, Mineral, Energy
French pipe manufacturer Vallourec has announced some updates in its 2014 guidance, following its Brazilian customer Petrobras' decision to eliminate most of its tube inventories by the end of the year, while maintaining its drilling plans. ...
Brazil's government is expected to announce Wednesday an increase to the volume of biodiesel mixed with diesel sold at the pump, boosting demand for the biofuel and likely lifting the flagging fortunes of local producers, officials for two ...
Tags: Biodiesel, Biodiesel producers
Argentine oil production fell 0.4% in March compared with the year-ago period, while natural gas output rose 0.5% over the same period, an industry report showed Friday. Crude production declined to an average of 533,651 b/d in March from ...
Tags: oil production, Oil Output
Brazil's Petrobras has signed a short-term contract with Bolivian counterpart YPFB to increase natural gas imports from the Andean nation, Petrobras said. Under terms of the contract, Petrobras will import an additional 2.24 million cubic ...
Tags: Natural Gas, Brazil's Petrobras, gas-fired power plant
Argentinian polymer and synthetic rubber output rose 3.4% in February compared with the year-earlier period, the state statistics office Indec said Friday. Production of these petrochemicals fell 2% in February compared with January, ...
Kongsberg Maritime Technology chosen for 10 Petrobras pipelaying newbuilds Tuesday,Mar 18,2014 Kongsberg Maritime has been chosen to deliver substantial technology packages for ten new pipelaying vessels ordered by Brazilian multinational ...
Tags: Kongsberg Maritime, Kongsberg, IHC
GC Rieber Shipping has taken delivery of its new advanced subsea newbuild "Polar Onyx" from Ulstein Verft. The vessel is chartered on a five-year contract by Ceona Services (UK) Limited, who will use it for advanced deep-water operations ...
Tags: Transportation, Service
Argentine polymer and synthetic rubber output rose 4.3% in January compared with the year-earlier period, state statistics office Indec said Friday. Production of these petrochemicals fell 5.4% in January compared with December, Indec ...
Tags: Polymer Output, Polymer
France-based pipe manufacturer Vallourec has announced its financial results for the fourth quarter and the full year of 2013, while also stating that for 2014 it expects a stable to moderate increase in sales and EBITDA. According to ...
Tags: Mineral, Vallourec's sales
Helix Energy Solutions Group, Inc. (NYSE: HLX) announced today that it has entered into agreements with Petróleo Brasileiro S.A. (Petrobras) to provide well intervention services offshore Brazil. Helix will be providing the services ...
Tags: Vessels, Service, Transportation