Petrobras, CNPC sign alliance

July 5, 2017 0

Brazilian state-run oil company Petrobras announced on Tuesday a strategic alliance with China’s CNPC, through which the firms will jointly evaluate opportunities in the oil and gas industry in Brazil and abroad.

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Vaca Muerta to enter ‘second development wave’

June 29, 2017 0

Argentina’s Vaca Muerta shale play is about to enter the so-called “second development wave,” not only in terms of investments, but also in terms of productivity and operation costs, government news site Telam reported.

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Brazil should cut Bolivian gas imports: study

June 29, 2017 0

Brazilian state-controlled oil company Petrobras should halve its imports of natural gas from Bolivia to boost new entrants to the distribution market, a study by a research arm of Brazil’s mines and energy ministry has suggested.

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