Brazil

The BMI oil supply and demand assumptions for 2009 and beyond have again been revised for all 67 countries forming part of our detailed coverage, reflecting the changing macroeconomic... 2009-04-08

US major ExxonMobil's Brazilian unit has begun drilling its second exploration well at the BM-S-22 Block in the Santos Basin, offshore Brazil, according to the Agência Nacional... 2009-04-06

The governor of Maranhão state has said that its offshore oil reserves may be similar in size to the Campos Basin, which currently produces some 1.65mn barrels of oil per day (b/d),... 2009-03-27

Brazil's state-controlled Petróleo Brasileiro (Petrobras) appears to be maintaining crude production at roughly normal levels after the second day of the five-day general strike... 2009-03-25

Brazilian President Luiz Inácio Lula da Silva inaugurated the country's second liquefied natural gas (LNG) regasification terminal on March 18, according to Reuters.

News: US independent Devon Energy has reported the discovery of natural gas pay to Brazil's Agência Nacional do Petróleo (ANP). Devon told the ANP that gas was discovered at the... 2009-03-12

Brazilian state-owned oil company Petróleo Brasileiro (Petrobras) announced on March 6 that fourth quarter 2008 net income increased to BRL7.36bn (US$3.1bn) from BRL5.053bn (US$2.1bn)... 2009-03-09

US major ExxonMobil has notified Brazil's Agência Nacional do Petróleo (ANP) of a second oil discovery at the BM-S-22 offshore block in Brazil's Santos Basin.

Brazilian-state controlled oil company Petróleo Brasileiro (Petrobras) has announced the start-up of the Cidade de Niterói floating, production, storage and offloading (FPSO) platform... 2009-02-27

China has capped off an impressive week of deal making by signing an agreement with Brazil to import between 100,000 and 160,000 barrels per day (b/d) of oil in return for loaning... 2009-02-20