Energy Latam Blog | 2015 Dec | W1

Originally Published: 01 December 2015 Note: The new version of ELB’s site will be available in the coming days! Please excuse any site outages and enjoy the below Weekly Highlights. Questions or requests? claudia.espinosa@energylatamblog.com La versión nueva del sitio ELB estará disponible en los próximos días! Favor de disculpar cualquier interrupción. Espero que les gusten los Weekly Highlights para […]

Energy Latam Blog | 2015 Nov | W3

Mexico This week, the Mexican Energy Secretariat is accepting bids in its first electricity market auction since the restructuring of the Mexican electricity sector in 2013. Winners will be awarded 15-year contracts for generation projects and 20-year clean energy licenses (CELs). They will be announced at the end of March 2016 (Spanish). TransCanada now has […]

Petrobras cancels oil strike talks, union vows escalation

Brazil’s state-controlled oil producer Petroleo Brasileiro SA canceled talks with union leaders that were planned for Tuesday and aimed at settling a strike that is now in its ninth day. Members of oil union FUP have been on strike at Petrobras, as the company is known, since Nov. 1 in the biggest… https://bakken.com/news/id/247896/petrobras-cancels-oil-strike-talks-union-vows-escalation/

Petrobras Q3 Preview: Company Plagued By Internal And Macroeconomic Problems, Will Remain So In Near Term

Petrobras will release its third quarter earnings report on November 12. The company has had a rough ride in the last few months, facing roadblocks in the form of various internal and macroeconomic headwinds. Petrobras is currently experiencing the crippling effects of… http://www.trefis.com/stock/pbr/articles/322279/petrobras-q3-preview-company-plagued-by-internal-and-macroeconomic-problems-will-remain-so-in-near-term/2015-11-11

Worst Petrobras Strike in 20 Years Hurts Brazil Oil Output

“It’s like the unions are saying, ‘Hey, Petrobras is in intensive care. Let’s pull the plug!’” Pires said. Members of Brazil’s national oilworkers federation said on Wednesday that Petrobras was underestimating… http://www.reuters.com/article/2015/11/05/us-brazil-petrobras-strike-idUSKCN0ST36R20151105#R2uu1Rl3QwxPBxLd.97

Oil Workers Union Strike Hurt Production, Brazil’s Petrobras Says

Turmoil at Brazil’s state-run oil company Petroleo Brasileiro SA deepened late Tuesday, as the company said a strike by Brazil’s biggest oil workers union stopped a significant amount of oil and gas production, and that the company’s alternate board chairman was stepping down just… http://www.wsj.com/article_email/oil-workers-union-strike-hurt-production-brazils-petrobras-says-1446601321-lMyQjAxMTE1ODA0NTAwNTU4Wj

Keppel to Cooperate with Brazilian Authorities Over Petrobras Contracts

Keppel Corp. Ltd. refers to an earlier announcement Feb. 9 in relation to allegations made by Pedro Jose Barusco in Brazil that illegal payments were made by an agent in connection with contracts entered into by certain Keppel entities with Petroleo Brasileiro S.A. (Petrobras)… http://www.rigzone.com/news/oil_gas/a/141240/Keppel_to_Cooperate_With_Brazilian_Authorities_Over_Petrobras_Contracts

Dutch company and Brazil negotiating a $250m Petrobras bribery settlement

The ultimatum gives SBM several days to sign a leniency deal that includes financial reparation and other clauses such as cooperation with a corruption investigation. The settlement, which has been under negotiation for months, would lift a ban on the Amsterdam-based firm from… http://en.mercopress.com/2015/10/23/dutch-company-and-brazil-negotiating-a-250m-petrobras-bribery-settlement

Petrobras Ends Offshore Helicopter Tender

Petrobras has cancelled an ongoing tender for heavy and medium helicopters used in its offshore operations. Era Group said Aeroleo Taxi Aero, its Brazilian joint venture, had received notification after Petrobras has carried out a review of its aviation needs. It was concluded… https://www.energyvoice.com/other-news/91210/petrobras-ends-offshore-helicopter-tender/

Brazilian President Dilma Rousseff Cleared in Petrobras Corruption Scandal

Brazilian President Dilma Rousseff has been cleared of wrongdoing in the Petrobras scandal by a parliamentary commission report released Monday, Telesur English reported. Commission spokesman Deputy Luiz Sérgio Nóbrega de Oliveira said the report found there was no proof in any of the examined documents that Rousseff or her predecessor Luiz Inácio Lula da Silva were involved in the energy giant’s […]