Brazil Senate Approves Renewal of ANP Director Chambriard's Term
RIO DE JANEIRO - Brazil's Senate voted 60-8 Wednesday to renew Magda Chambriard's appointment as a director at the National Petroleum Agency, or ANP, the country's leading regulator for the oil and natural gas industries.
Ms. Chambriard, who also took over as general director of the agency earlier this year, was appointed to a four-year term.
The former engineer at state-run energy giant Petroleo Brasileiro SA, or Petrobras, first joined the ANP in 2002. Ms. Chambriard became one of the agency's senior directors in 2008, playing an important role in delineating government-held reserves that were transferred to Petrobras as part of the company's massive 2010 capital increase.
During testimony before a Senate committee, Ms. Chambriard pushed for broadening oil and natural gas exploration away from Brazil's dominant southeast region, where a majority of the country's crude oil is produced in the Campos Basin. Technological advances and growing demand for natural gas has made development of little-explored states such as Mato Grosso, Maranhao and Piaui economically viable, Ms. Chambriard said. She also called for greater offshore exploration in Brazil's northeast.
WHAT DO YOU THINK?
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
- How Likely Is an All-Out War in the Middle East Involving the USA?
- Rooftop Solar Now 4th Largest Source of Electricity in Australia
- US Confirms Reimposition of Oil Sanctions against Venezuela
- EU, Industry Players Ink Charter to Meet Solar Energy Targets
- Analyst Says USA Influence on Middle East Seems to be Fading
- Russian Ships to Remain Banned from US Ports
- Brazil Court Reinstates Petrobras Chair to Divided Board
- EIB Lends $425.7 Million for Thuringia's Grid Upgrades
- Var Energi Confirms Oil Discovery in Ringhorne
- Seatrium, Shell Strengthen Floating Production Systems Collaboration
- An Already Bad Situation in the Red Sea Just Got Worse
- What's Next for Oil? Analysts Weigh In After Iran's Attack
- USA Regional Banks Dramatically Step Up Loans to Oil and Gas
- EIA Raises WTI Oil Price Forecasts
- How Likely Is an All-Out War in the Middle East Involving the USA?
- Venezuela Authorities Arrest Two Senior Energy Officials
- Namibia Expects FID on Potential Major Oil Discovery by Yearend
- Oil Markets Were Already Positioned for Iran Attack
- Is The Iran Nuclear Deal Revival Project Dead?
- Petrobras Chairman Suspended
- Oil and Gas Executives Predict WTI Oil Price
- An Already Bad Situation in the Red Sea Just Got Worse
- New China Climate Chief Says Fossil Fuels Must Keep a Role
- Oil and Gas Execs Reveal Where They See Henry Hub Price Heading
- Equinor Makes Discovery in North Sea
- Macquarie Strategists Warn of Large Oil Price Correction
- DOI Announces Proposal for Second GOM Offshore Wind Auction
- Standard Chartered Reiterates $94 Brent Call
- Chevron, Hess Confident Embattled Merger Will Close Mid-2024
- Analysts Flag 'Remarkable Feature' of 2024 Oil Price Rally