Brazil

Brazilian state-controlled oil company Petróleo Brasileiro (Petrobras) has said that it expects the offshore Parque das Conchas project in the Campos Basin to begin operations in... 2008-11-21

Brazil's hydrocarbons regulator Agência Nacional do Petróleo (ANP) has estimated the country's deepwater subsalt blocks under concession hold hydrocarbon reserves of 50-70bn barrels... 2008-11-11

Japanese exploration group Inpex has received regulatory approval to acquire half of Royal Dutch Shell's 40% stake in Block BM-C-31 in the Campos Basin offshore Brazil. The price... 2008-11-05

Brazilian state-controlled oil company Petróleo Brasileiro (Petrobras) has signed an agreement with Cuban state-owned oil company Companhia Cubana de Petróleo (Cupet) to explore... 2008-11-03

US major ExxonMobil has spudded its first exploration well on Block BM-S-22 in the Santos Basin. Block BM-S-22 is part of the same grouping that has yielded significant discoveries... 2008-10-23

Brazilian state-controlled oil company Petróleo Brasileiro (Petrobras) has delayed the release of its new business plan until the end of 2008 in order to evaluate the potential... 2008-10-20

Brazilian state-controlled oil company Petróleo Brasileiro (Petrobras) has delayed the release of its new business plan until the end of 2008 in order to evaluate the potential... 2008-10-20

Brazil's hydrocarbons regulator Agência Nacional do Petróleo (ANP) has withdrawn 32 onshore blocks from the country's 10th licensing round, which is due to be held on December 18... 2008-10-06

Rio de Janeiro-based mining conglomerate Vale do Rio Doce (Vale) has received approval from the Brazilian hydrocarbons agency Agência Nacional do Petróleo (ANP) to acquire a 17.5%... 2008-10-02

Houston-based independent Anadarko Petroleum has announced a discovery in the subsalt layer of the Wahoo prospect in the Campos Basin, offshore Brazil.