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Submarine cables become a maritime security issue

Submarine cables become a maritime security issue

Submarine cables carry the vast majority of international data traffic and have become increasingly relevant to national security as incidents involving accidental and potentially intentional damage rise globally. Brazil has particular exposure because a significant...

PPSA offers 13.9 million barrels in eighth spot auction

PPSA offers 13.9 million barrels in eighth spot auction

PPSA will hold its eighth spot auction of the Federal Government’s oil on August 26, offering approximately 13.9 million barrels from the pre-salt. Approximately 13 million barrels will come from Búzios and 900,000 barrels from Atapu, with deliveries scheduled between...

Brazilian ethanol targets the maritime fuel market

Brazilian ethanol targets the maritime fuel market

Maritime decarbonization is creating a new potential market for Brazilian ethanol. Recent industry initiatives have demonstrated the technical use of ethanol in transoceanic vessels, while global shipowners increasingly evaluate alternative fuels to meet tightening...

Brazil’s gas market moves toward greater competition

Brazil’s gas market moves toward greater competition

Industry participants see recent policy developments as important steps toward a more open and competitive Brazilian natural gas market. The CNPE has advanced the framework for commercialization of the Federal Government’s share of pre-salt gas, while ANP has moved...

Exploration moves toward a critical milestone

Exploration moves toward a critical milestone

Petrobras expects to complete drilling of its first deepwater exploratory well in the Foz do Amazonas Basin around the beginning of September. The well represents a critical step in evaluating the geological potential of the Equatorial Margin and may influence future...