Colombia, Petrobras
Ecopetrol, Petrobras announce major gas discoveries in Colombia
Colombia's state-run oil company oil Ecopetrol and Brazil's Petrobras on Thursday announced two major gas discoveries executives said would hugely increase reserves and help the Andean country remain self-sufficient for energy.
Petrobras strikes 6 Tcf at pair of Colombia offshore gas discoveries
Petrobras in 2022 found a large gas accumulation with the Uchuva-1 exploration well in the Tayrona block in the Guajira Offshore basin, and a couple of months ago the company said the Uchiva-2 appraisal well reinforced the volumetric potential of the play.
Petrobras Discovery Could Double Colombia’s Natural Gas Reserves
Petrobras has discovered massive natural gas reserves off the coast of Colombia, potentially doubling the country's gas reserves but raising questions about its energy transition plans.
Petrobras Announces 'Huge' Gas Discovery In Colombia
Petroleum giant Petrobras announced Thursday the discovery of natural gas deposits in Colombia that could double the South American country's known reserves even as it seeks to transition away from hydrocarbons.
Petrobras and Ecopetrol announce major gas finds in Colombia
The finds by Petrobras in the Guajira Offshore Basin are estimated to hold around six trillion cubic feet (tcf) of gas in place.
Ecopetrol Says Gas Discovery Could Meet 80% of Colombia’s Demand
Colombia’s Ecopetrol SA discovered an offshore natural gas deposit that could potentially produce up to 800 million cubic feet of gas a day, according to Chief Executive Officer Ricardo Roa.
Ecopetrol says discovery could meet 80% of Colombia's natural gas demand
Ecopetrol (NYSE:EC) said Thursday it discovered an offshore natural gas deposit that could potentially produce as much as 800M cf/day of gas, which could meet 80% of Colombia's current demand and help the country remain self-sufficient for energy.
Petrobras nears deal to revive one of Brazil's most important oil fields
Petrobras (NYSE:PBR) is nearing a deal with Brazil regulators allowing it to move forward with plans to redevelop the massive ...
Petrobras' pricing strategy avoids passing on market volatility, CEO says
Brazilian state-run oil firm Petrobras has been able to provide Brazilians with price stability despite market volatility ...
Moody’s Elevates Petrobras’ Financial Outlook
Petroleo Brasileiro SA- Petrobras (PBR) has released an update. Moody’s has improved the financial outlook for Petrobras from ...
Why I'm Upgrading Petrobras Back To Buy
I'm upgrading Petrobras back to Buy due to higher-than-expected FCF yield and business resilience despite struggling ...
Petrobras Poised to Revive Field that Made Brazil an Oil Giant
Brazil’s state-controlled oil company is nearing a deal with government regulators allowing it to move forward with plans to ...
Brazil's Petrobras to purchase offshore oil block stake in South Africa
Brazilian state-run oil company Petrobras announced on Tuesday that its board gave a green light to acquire a 10% stake in ...
Petrobras: Double-Upgrade To Buy On New Exploration And Stable Management
Petrobras should be able to repeat its highly successful offshore playbook in the Atlantic Margin and potentially Namibia.
Crude Oil Prices1h
Brazil Eyes Fresh Oil Boom as it Revitalizes Tupi Field
With global oil demand still robust, Petrobras’ ability to extend Tupi’s productivity could ensure Brazil remains a leading ...