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No one in Brazil appears keen on OPEC diet, Rystad says

In case Brazil joins OPEC (Organization of the Petroleum Exporting Countries), OPEC would be the clear winner and Brazil the loser by a long shot, energy research firm Rystad Energy said commenting a recent statement by Brazil’s president Jair Bolsonaro that he would like to see Brazil join OPEC. 

Oil leak reported at Petrobras FPSO in Espadarte field

Brazilian state-owned oil company Petrobras confirmed occurrence of an oil leak on 2 January in one of the tanks of the FPSO ‘Cidade de Rio de Janeiro’, chartered by the company and operated by Modec do Brasil in the Espadarte field in the Campos Basin, approximately 130 km from the Macaé coastline, on the north coast of Rio de Janeiro.

Petrobras, Equinor assess offshore wind in Brazil

Brazilian energy major Petrobras (Petróleo Brasileiro S.A.) announced the signing of a Memorandum of Understanding (MoU) with the Norwegian oil major Equinor to evaluate a joint business development in the offshore wind energy industry in Brazil.