Petrobras’ oil, gas output slightly down in February

March 16, 2017 0

Brazilian state-controlled oil and gas company Petrobras saw its output decline slightly in February, on a monthly basis, amid scheduled stoppages at platforms. Total oil and gas output reached 2.82 million barrels of oil equivalent per day (MMMBOE/d) last month, compared to 2.86 MMBOE/d in January.

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Brazil seeks $14.2 billion in infrastructure investment

March 10, 2017 0

Brazilian government announced earlier this week plans to raise BRL 45 billion ($14.23 billion) in investments in the country’s infrastructure, in a program which will give concessions to 35 power transmission lines and other energy projects, Kallanish Energy learns.

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Petrobras approves four settlements with U.S. investors

February 28, 2017 0

Brazilian state-run oil company Petrobras said its board of directors approved new settlements with four individual lawsuits in a U.S. federal court in New York last Friday, ending to date 19 individual actions, Kallanish Energy learns.

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Enel completes Brazilian power distributor buy

February 17, 2017 0

Italian utility group Enel has completed the acquisition of Brazilian distribution company CELG for BRL 2.18 billion ($640 million) following a public tender last November, Kallanish Energy learns from the company.

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