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Brazil Regulator Approves Bidders For Oil Auction In March
ANP approves the participation of 14 companies in an oil round to be held on March 29.
7:00 PM EST | February 20, 2018
Brazil Regulator Allows Petrobras To Source Libra Rig Hull From Abroad
ANP approves a request by the consortium exploring the potentially oil-rich Libra area.
8:00 PM EST | October 03, 2017
Brazil's Prized Santos Basin Receives Single Bid In Oil Auction
Brazil's recent auction signals low global oil prices may have reduced the allure of potential new crude and gas investments in Latin America's largest economy.
8:00 PM EST | September 26, 2017
Brazil Pre-Salt Oil Output Surpasses All Other Fields In June
Brazil oil production rises .8 percent in June from May to an average of 2.675 million barrels per day.
8:00 PM EST | July 30, 2017
Brazil November Oil, Gas Output Lowest In A Year After Strike
Brazil's oil and natural gas output was the lowest in a year in November as a strike reduced production from fields run by Brazil's biggest operator, Petrobras, ANP said in a statement.
7:00 PM EST | January 03, 2016
ANP: Brazil Produced Record 2.5 MMbpd Of Oil In August
Brazil produces a record amount of oil in August, surpassing a previous high set in December 2014, ANP says.
8:00 PM EST | September 30, 2015
ANP: Brazil Oil And Gas Production Rises 13% In November
Brazil's oil and natural gas production in November increased 13.3% percent compared with the same period last year, oil agency ANP says.
7:00 PM EST | January 05, 2015
Brazil's Oil, Gas Output Rises In February, New Fields Online
Brazilian output of oil and natural gas rose in February as new fields came online, ANP says.
8:00 PM EST | April 02, 2014
Brazil Says Shell Must Negotiate Encroaching Oil Reservoir
ANP says Shell needs to negotiate with the Brazilian government on an oil reservoir that exceeds the limits of the concession block it controls with Total, according to an ANP document.
7:00 PM EST | January 26, 2014
ANP: Brazil's Franco Oil Field May Rival Libra In Size
The Franco field off the coast of southeastern Brazil could have as much or more oil than the massive Libra field that the government last month sold in an auction, oil regulator ANP says.
7:00 PM EST | November 12, 2013
ANP: Brazil Oil, Gas Output Rises for 1st Time in 15 months
Brazil's total output oil and natural gas output rose in June, the first year-on-year increase in 15 months, Brazil's ANP says.
8:00 PM EST | August 01, 2013
ANP: Brazil to Hold First Pre-Salt Oil Auction Oct. 22
Brazil will hold its first auction of pre-salt oil and natural gas exploration acreage Oct. 22, a director of the country's National Petroleum Agency says.
8:00 PM EST | June 10, 2013
Brazil's ANP: Libra Holds 8-12B Barrels of Recoverable Oil
Brazil will sell a prospect estimated to hold between 8 to 12 billion barrels of recoverable crude oil at its first-ever pre-salt auction in October, ANP says.
8:00 PM EST | May 22, 2013
ANP Says China's CNOOC Pulls Out of Brazil Oil-Concession Auction
CNOOC pulls out of an auction of oil and natural gas exploration concessions in Brazil, the country's ANP says.
8:00 PM EST | May 13, 2013
Brazil Seeks to Expand Oil, Gas Investment with 11th Bidding Round
ANP Director Magda Chambriard reports significant interest in Brazil's upcoming 11th bidding round as Brazil pursues plans to double its oil and natural gas production.
8:00 PM EST | May 08, 2013
Chevron's Frade Output to Remain Limited Until Analysis
Activity and production at the Frade field will be limited until the company and regulators gain a complete understanding of the second of two subsea spills that took place there, Brazil's oil regulator says.
8:00 PM EST | May 05, 2013
Brazil Approves 64 Companies to Bid on 11th Round of Oil Blocks
Brazil approves 64 companies to bid in the 11th round of auctions of oil and natural-gas exploration blocks, the ANP says.
8:00 PM EST | April 14, 2013
Brazil's ANP Allows Chevron to Resume Production at Frade Field
Chevron has been authorized to restart production at the offshore Frade field in Brazil, the site of a November 2011 accident and oil spill, Brazil's ANP said.
8:00 PM EST | April 08, 2013
Brazil's ANP: 71 Firms Show Interest in Oil Exploration License Auction
Brazil's ANP says that 71 companies had submitted paperwork to qualify for an auction of new licenses to explore for oil and natural gas that's set for May 14-15.
8:00 PM EST | April 03, 2013
Brazil's ANP to Hold Oil Bid Rounds for Small, Medium Producers
Brazil's National Petroleum Agenc plans to target small and medium-size oil producers with annual auctions of marginal oil and natural-gas concessions, the regulator says.
7:00 PM EST | February 17, 2013
Brazil Regulators OK Sinochem Stake Buy in Offshore Blocks
ANP approves Sinochem's purchase of a 10% stake in five offshore blocks as the state-run company continues its expansion into Latin America's hottest oil frontier.
8:00 PM EST | October 21, 2012
ANP: Brazil's Natural Gas Output Could Nearly Double by 2020
Brazil's nat gas output could nearly double by 2020 as the country increases the number of offshore platforms to take advantage of huge deep-sea oil reserves, the general director of ANP said.
8:00 PM EST | October 18, 2012
ANP OKs Transfer of Anadarko's Offshore Stake to Petrobras
Brazil's ANP approves the transfer of a stake in an offshore exploration block held by Anadarko to state-run energy giant Petrobras.
8:00 PM EST | September 26, 2012
Brazil's Oil Regulator ANP to Publish Oil Blocks in Coming Days
Brazil's President Dilma Rousseff has approved a much-delayed auction of oil blocks for companies to explore, ANP said.
8:00 PM EST | September 17, 2012
ANP Fines Chevron for Offshore Brazil Oil Spill
ANP issued Chevron a $17.3 million fine for its role in an offshore oil spill last year, ANP Director Magda Chambriard said.
8:00 PM EST | September 16, 2012
Brazil Senate Approves Renewal of ANP Director Chambriard's Term
Brazil's Senate voted 60-8 to renew Magda Chambriard's appointment as a director at the National Petroleum Agency (ANP).
8:00 PM EST | August 07, 2012
Brazil Berates Chevron for Frade Oil Spill, But Production to Restart
Brazil's oil regulator on laid heavy criticism on Chevron for an oil spill at an offshore field last November, but said it has no objections to the firm restarting production.
8:00 PM EST | July 18, 2012
ANP: Chevron Oil Spill Fine Unlikely to Surpass $25 Million
ANP is unlikely to fine Chevron more than $24.6 million for its role in a November oil spill off Brazil's coast, ANP Director Magda Chambriard said.
8:00 PM EST | July 16, 2012
ANP: Chevron Will Have to Pay for November Oil Spill
Brazil oil regulators confirm that Chevron will have to pay some type of financial penalty for the company's role in a November oil spill.
8:00 PM EST | June 03, 2012
ANP: Chevron Needs to Show it Can Prevent Spill before Resuming Drilling
Chevron won't be allowed to resume drilling at Frade field until it finds the cause of the recent pills in the area and shows the Brazilian govt it can prevent another oil spill from happening, said ANP head Magda Chambriard.
8:00 PM EST | April 29, 2012
Brazil Prosecutor Files New Lawsuit against Chevron
A Brazilian prosecutor filed a new lawsuit against Chevron and Transocean, the second such suit against the U.S. oil giant, for an offshore spill that happened March 4.
8:00 PM EST | April 03, 2012
ANP Approves Amazon Deal with TNK-BP
Brazilian oil startup HRT said that local regulators approved the company's deal to sell a stake in Amazon rainforest exploration blocks to BP's Russian joint venture TNK-BP.
8:00 PM EST | April 02, 2012
Brazil's 2011 Oil Royalties Surge On Higher Prices, Output
Brazil's government paid out a total of $7.2 billion in oil royalties in 2011, up 31% from the previous year, according to ANP.
7:00 PM EST | January 09, 2012
ANP Orders Chevron to Shut-In Well Offshore Brazil
Chevron has been ordered by ANP to shut in one of its production wells and 4 produced water injection wells offshore Frade.
7:00 PM EST | December 01, 2011
ANP: Chevron Unprepared to Fulfill Emergency Plan
Chevron was not prepared to carry out the emergency plan approved by local oil regulators during the recent spill at Frade field, said ANP President Haroldo Lima.
7:00 PM EST | November 20, 2011
Brazil Crude Oil, Natural Gas Output Sets Record in Dec -ANP
Brazil set a record for crude oil and natural gas production in December as state-run energy giant Petrobras ramped up output at several fields, reported the country's oil regulator.
7:00 PM EST | January 30, 2011
Libra Oil Field Reserves Could Be Up to 15B Barrels
Brazil's ANP said a discovery in the Libra oil field could be larger than all of Brazil's existing oil reserves combined.
8:00 PM EST | October 28, 2010
Brazil's ANP Hits Paydirt in Presalt Oil Patch
Brazil's main oil regulator has discovered crude that could be part of the government's plan to fund Petrobras' development of the country's presalt oil patch.
8:00 PM EST | April 26, 2010
Petrobras IDs Oil in Offshore BM-S-9 Area
Petrobras has notified the ANP that it encountered oil at an exploration well in the BM-S-9 area, but wished to clarify that this does not indicate a commercial discovery until further evaluation is conducted.
7:00 PM EST | March 10, 2010
Brazil's ANP Sees Oil Shows at Offshore Block
Brazil's ANP said Tuesday it had discovered signs of oil at an offshore block along the coast of Rio de Janeiro.
7:00 PM EST | March 01, 2010
Petrobras Spies Traces of Gas Offshore Brazil
In a routine disclosure to the ANP, Petrobras confirmed that it has encountered traces of gas at exploration well 1BRSA783AESS, offshore Brazil.
7:00 PM EST | February 25, 2010
Colombian ANP's Open Round Arrives in NYC
ANH will be hosting a road show on February 25 in New York City to present more than 225 blocks in 22 Colombian basins that are available in the bidding round.
7:00 PM EST | February 10, 2010
Devon's Brazil Success Likely to Drive Up Assets' Price
Devon's latest discovery in Brazil will likely increase the company's windfall when it sells off the prime offshore assets.
7:00 PM EST | January 28, 2010
ANP OKs Petrobras Drilling in Government-Held Subsalt
Brazil's National Petroluem Agency has approved drilling by state-run energy giant Petrobras in a deepwater area currently under government control.
7:00 PM EST | December 01, 2009
Petrobras Says ANP Now Drilling for Oil Rights Swap
Brazil's National Petroleum Agency has started drilling wells to define oil reserves that will be transferred to state-run energy giant Petrobras, the company's CEO said Tuesday.
7:00 PM EST | November 30, 2009
Brazil's ANP Gears Up for Subsalt Oil Drilling in Dec.
Brazil's oil regulator, the National Petroleum Agency, or ANP, said it will start drilling in a promising offshore oil patch in the first week of December.
7:00 PM EST | November 18, 2009
Brazil's Government to Discuss Subsalt Royalties
Brazil's government will discuss with state officials disagreements over distribution of royalties from recently discovered offshore oil reserves.
7:00 PM EST | November 08, 2009
Brazil's ANP Removes Blocks from Suspended 8th-Round Sale
The Brazilian National Petroleum Agency, or ANP, said Wednesday that it would remove blocks from the suspended eighth-round concession auction.
8:00 PM EST | October 27, 2009
Petrobras: Payment for Special Participation in Marlim Field
Petrobras has concluded arbitration discussions with respect to additional collection of Special Participation from the Marlim Field, involving Petrobras, the National Petroleum Agency, and the State of Rio de Janeiro.
8:00 PM EST | October 25, 2009
Petrobras Drilling Two Wells for ANP
Petrobras is drilling two wells for the country's National Petroleum Agency, Chief Executive Jose Sergio Gabrielli said Tuesday.
8:00 PM EST | October 12, 2009