Brazil

Brazilian national energy company Petróleo Brasileiro (Petrobras) and its partner Chevron have taken a final investment decision (FID) on the Papa Terra (Fatherland) heavy oil... 2010-01-28

Brazil's state-controlled Petróleo Brasileiro (Petrobras) is set to embark on a BRL40bn (US$22.5bn) project to construct what will be the country's largest refinery.

Angola's national oil company Sonangol is close to taking over a small Brazilian explorer Starfish Oil & Gas as part of its expansion in the Latin American country.

Brazil's state-run Petróleo Brasileiro (Petrobras) on December 18 agreed to pay for the natural gas liquid (NGL) components of the gas it buys from Bolivia.

State-run Petróleo Brasileiro (Petrobras) plans to invest US$3.12bn on the modernisation of its Henrique Lage, or Revap, refinery, according to the refinery's general manager... 2009-12-15

Brazil's lower house of parliament on December 9 approved a production-sharing model for the exploitation of subsalt deposits.

The Abreu e Lima refinery in northern Brazil will costs three times initial estimates and will come online a year later than expected, according to state-run Petróleo Brasileiro... 2009-12-04

Brazilian state-run Petróleo Brasileiro (Petrobras) activated the largest gas pipeline in the north of the country on November 26, altering the energy mix of the region. The 661km... 2009-12-01

Anadarko Petroleum has extended the size of its Wahoo subsalt discovery in the Campos Basin offshore Brazil, following successful initial appraisal of the find.

British gas specialist BG Group and Spanish major Repsol YPF are both making progress appraising their large discoveries in the subsalt layer offshore Brazil.