Articles Tagged "brazil"

ONGC of Brazil Project Commenced

State-run Oil and Natural Gas Corporation’s deep-sea project in Brazil has begun crude oil production and output is projected to touch 1,00,000 barrels a day soon. For full story, click here

Total eyes upstream assets in Brazil, Venezuela

French oil major Total is interested in entering the upstream offshore Brazil to help develop the huge resources in the Santos basin and is also eying new acreage in Venezuela, the company’s CEO Christophe de Margerie said. For full story, click here

Oil price steady amid supply concern from Brazil

Oil prices were steady amid concerns about disrupted supplies from Brazil due to strike at Petroleo Brasileiro, Brazil’s state oil company. Jeff Spittel, an analyst at Natixis Bleichroeder, was quoted as saying: A strike would have ”a pretty meaningful impact, especially given that it’s a source of crude from the Western Hemisphere from a regime [...]