Maligned Petrobras catches a break
If you shout it from the hilltops, it must be so, no? Despite Petrobras’s facing down what some call its worst-ever crisis of alleged fraud and corruption, and simmering charges by Belgium-based trader...
View ArticleBrazil is open for US business at OTC, but Petrobras eyes local suppliers
With Petrobras planning to invest $224 billion between 2010-2014 in Brazil’s upstream and downstream oil and gas sector, plenty of US companies want to get a handle on how to get a piece of that. And...
View ArticleNew Frontiers: the rush is on in East Africa, and it’s a hit
The good news of East Africa as a major upstream play just keeps on coming. In this week’s Platts Oilgram News column, “New Frontiers,” Jacinta Moran discusses the many successes and the outlook for...
View ArticlePuzzling over the US mandate for a fuel that doesn’t exist yet
Someone sitting through oral arguments this morning at the DC Circuit without any knowledge of biofuels might come away asking: “So, you’re telling me the Environmental Protection Agency requires...
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Petrodollars: An increase at the pump is a big headache for Petrobras
It’s a common story: a big company with some degree of government ownership finds itself needing to set gasoline and diesel prices on the basis of politics rather than just economics, and has a heap of...
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Regulation & Environment: Sorting out environmental licenses in Brazil...
In Brazil, the end of a bid round is just the start of the environmental licensing process. Dom Phillips looks at the issue in this week’s Oilgram News column, Regulation & Environment....
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Liberalization key to Brazil’s natural gas market growth
As one of the largest renewable energy producers in the world, Brazil’s relatively recent foray into natural gas markets could probably be euphemistically described as “unplanned.” When it became clear...
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Don’t lose your head over bad times — the oil markets will sort everything out
Back in the day six weeks ago, I used to tell this joke when I was explaining how Platts was sending me on the road for the rest of the year to get the pulse of the oil markets. I hate to travel, and I...
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