The next five years will bring the disclosure of the state-owned company's investments on Friday (24/11).
The company Mattos Filho is recognized as one of the main law firms in Brazil, with diversified operations in different areas of law, serving a wide range of clients, which include national and international companies, financial institutions, investors, start-ups and entrepreneurs individual. The company has stood out for the excellence of its services and its commitment to ethics, innovation and social responsibility.
Next Friday (24) marks the launch of the long-awaited Petrobras Strategic Plan, bringing crucial insights into the company’s future. This plan will be a fundamental guide to understanding the directions and goals that Petrobras intends to achieve, along with the challenges to be faced along the way.
Ibama plans to evaluate licensing of Basin of mouth of amazon in 2024
The Brazilian Institute of the Environment and Renewable Natural Resources (Ibama) announced that it will carry out the analysis of the environmental licensing for oil exploration in the Basin of mouth of amazon 2024 up.
Pré-Sal Petróleo SA (PPSA) is committed to finding new interested parties for the acquisition of natural gas produced in the Brazilian pre-salt, aiming to expand the market and attract investments to the energy sector.
Large companies such as Vale and Petrobras have the potential to boost the search and use of green hydrogen in Brazil, contributing to the development of renewable and sustainable energy sources in the country.
According to estimates released by Valor, market analysts project that the company's investments Petrobras for the period from 2024 to 2028 they could reach up to US$105 billion. Projections vary, with Ativa Investimentos predicting an amount of US$86 billion, while UBS BB estimates the highest value. In turn, Goldman Sachs and Itaú BBA project an investment of US$90 billion.
Analysts also predict a minimum increase of US$8 billion (R$39,2 billion) in relation to the company's current plan. Petrobras, which foresees investments of US$78 billion for the period from 2023 to 2027. This increase to correct values indicates the expectation of significant growth in the company's investments in the coming years.
Increased investments and expansion of projects
The president is seeking to increase the percentage allocated to low-carbon projects from 6% to up to 15%. In addition, an increase in investments in refineries, the expansion of existing plants, biorrefinement and fertilizer factories.
Squid demonstrated his desire to avoid conflicts, demanding an end to public disagreements during a meeting in Planalto to discuss the company's strategic plan Petrobras. These divergences were recently mentioned by CNN.
Deputy Prates was charged with complying with the law and answering questions about reducing fuel prices, appearing to be dissatisfied with the delay in taking effective measures. Sources indicate that he wants the state-owned company to increase the local content of its projects, in addition to asking for an immediate reduction in prices.
The president of the Ibama, Rodrigo Agostinho, announced that the decision on the environmental license for the project in Foz do Iguaçu will be postponed until 2024, denying the request and placing a new obstacle to the authorization of the project.
The meeting of oil producers da OPEC+ was postponed from November 26th to November 30th, which generated uncertainty about the global oil supply and resulted in a drop in oil prices. You Brent futures closed down 0,59%, at US$81,96, and WTI, down 0,86%, at US$77,10/barrel.
The Minister of Foreign Affairs, Celsus Amorim, traveled to Venezuela amid the Brazilian government's concerns about the territorial conflict of the country with the Guyana.
The new CEO of YPF, Horacio Marin, who is also president of Exploration and Production at Tecpetrol, the oil and gas company of the Techint Group, was announced by the press of Venezuela, increasing tension with Guyana. Meanwhile, specialist Fabio Florentino addresses the impact of tax fraud in the Brazilian fuel market, highlighting that tax complexity allows illicit practices that distort consumer prices, despite the single phase of the ICMS having helped to combat tax evasion.
Conversation about opening the natural gas market and contract models
On May 28th, Carolina Bunting, responsible for New Business at Shell Energy, and Makyo Félix, Gas Supply and Market Manager at Bahiagás, will participate in a discussion about the opening of the natural gas market and the contract options currently available . The event is scheduled for 14pm and promises to bring valuable insights into the current scenario of the gas market in Brazil.
Register to join and receive all information about the event!
PPSA seeks new buyers to sell the part of natural gas that belongs to the Union in the sharing contracts to companies other than the Petrobras, through the Integrated Processing System (SIP), scheduled to start in 2024.
The 6th PPSA Technical Forum, in Rio de Janeiro, is an opportunity to learn more about this important process. Check all the information
A strategic action is being adopted to boost the gas market, based on the connection between supply and demand through long-term auctions. Furthermore, this initiative aims to stimulate new investments in gas infrastructure, according to industry experts.
According to the CEO of Gas Energy, Rivaldo Moreira Neto, PPSA can play a fundamental role in this process, as highlighted during the panel “Paths for the gas market”, at the 6th PPSA Technical Forum. To find out more, access the full article.
The National Energy Policy Council (CNPE) will be presented with 11 blocks with a potential of 1,73 billion to 3,69 billion barrels of oil in place for consideration in future cycles of permanent sharing offers from the National Petroleum Agency (ANP).
The Ministry's Director of Exploration and Production highlighted that these areas are of great interest, especially considering the discoveries made both in the pre-salt and in other regions since 2018. This presentation took place during the panel “The attractiveness of the pre-salt” at the 6th Forum Pre-Salt Oil Technician.
ANP considers regulatory study for carbon capture
The National Agency for Petroleum, Natural Gas and Biofuels (ANP) discussed at its board meeting a project of regulatory studies for carbon capture, use and storage (CCUS) that will be carried out in Brazil. The objective is to learn from international experiences and accelerate regulatory processes to implement these industries in the country.
The companies' CEOs stated that the demand for hydrogen is guaranteed. The mining company is the largest energy consumer in the country and the oil company is the largest producer and consumer of fossil hydrogen, showing the importance of this resource for both sectors.
– Eduardo Bartolomeo, president of Vale, highlighted the possibility of guaranteeing demand through the production of green steel and biofuels, which highlights the commitment to the energy transition.
- Remember:Will green hydrogen replace natural gas?
Former minister Mercadante highlighted the need for Brazil to invest in the electrification of its bus fleet as a way of boosting the development of the national industry. He emphasized that the migration to electric buses is crucial to not lose space in this market and for the country's history.
According to CapitalReset, the implementation of the electric bus is essential to decarbonize activities in the refine of the country, contributing positively to the environment.
The shipping industry's pioneering large-scale contract for the acquisition of green methanol from 2026 also represents a significant step forward towards the decarbonization of large-scale industrial activities, as reported.
An agreement was established for the supply of 500 thousand tons of renewable hydrogen-based fuel, intended to supply Maersk's first 12 large vessels that are enabled to use methanol.
Federalization of cemig
A cemig agreed with the proposal of the president of the Senate, Rodrigo Pacheco, to federalize State companies as a way of paying off the public debt with the Union. The company demonstrated support for this initiative.
After the proposal to hand over shares of the cemig as payment of debts, the market reacted negatively, taking shares cemig PN (CMIG4) to fall 9,71% and reach R$11,35, the lowest price since April 6th.
The idea of handing over company shares as a form of debt payment was presented to the president Squid as an alternative to avoid the Tax Recovery Regime.
Source: EPBR Agency
