Don't Just Read the News, Understand It.
Published loading...Updated

Petrobras $5.1 Billion Fleet Expansion Targets Brazilian Shipbuilding Revival

Summary by The Rio Times
Brazil’s state-run oil company Petrobras announced plans to commission 52 new vessels by 2026 with a 29 billion reais ($5.1 billion) investment. CEO Magda Chambriard outlined the initiative at a Porto de Itajaí event attended by President Luiz Inácio Lula da Silva. The strategy aims to modernize Petrobras’ fleet, reduce reliance on foreign-chartered ships, and […]

7 Articles

All
Left
Center
Right
1

The reinjection of natural gas into oil wells in Brazil remains high. According to the April monthly bulletin from the ANP (National Agency of Petroleum, Natural Gas and Biofuels), oil companies operating in the country returned 90.6 million m³/day (cubic meters per day) to the reservoirs in the month. The volume corresponds to 54% of the total production in the period, which was 168 million m³/day. Data from the agency indicate that the practic…

The president of the Brazilian company Petrobras, Magda Chamberiard, has announced an investment of 29 billion reais (5,170 million dollars or 4,530 million euros) in the acquisition of 52 ships, which will have to enter into operations during 2026. "The main operations of Petrobras are in the sea", so "the strategic planning" of the state also goes "through the recovery of the Brazilian naval industry", said Chamberiard in an act with President…

Portuguese builder was hired by Petrobras for services related to three oil fields in Brazil, with a period of 60 months

·Portugal
Read Full Article

With this, the refinery expands its production capacity of S-10 diesel in up to 63 thousand barrels per day and aerosols (QAV) in up to 21 thousand barrels per day

·Brazil
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 100% of the sources lean Right
100% Right
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

energynewsbeat.co broke the news in on Wednesday, May 28, 2025.
Sources are mostly out of (0)