In an operations update, Alvopetro said its 2017 capital program includes plans to drill and test wells 198(A1) and 177(A1) in addition to a preliminary survey and permitting work at the Caburé gas field in the Recôncavo basin.
The general manager of Excelerate Energy in Brazil, David Drummond, spoke to BNamericas about the operational and business plans of the Texan company in the South American country, where it operates Experience, the largest floating storage and regasification unit (FSRU) hired by Petrobras.
The country's development bank is reportedly ready to start arranging a US$600mn facility for Odebrecht Engenharia e Construção so it can fund international projects.
Brazil's national development bank says builders involved in the graft probe can access financing provided certain conditions are met.
The state refiner says a bill to hold a referendum lacks technical and legal foundation.
Two new refineries planned for Texas will increase gasoline and diesel exports to Mexico.
The Argentine government and the International Energy Agency are to strengthen ties as the South American country prepares to assume the G20 presidency in 2018.