Brazil plans to use many approaches as it tries to maintain the momentum from its successful Oct. 27 presalt production-sharing bidding round that raised $1.9 billion in signing bonuses, the leader of its National Petroleum, Natural Gas, and Biofuels Agency (ANP) told a Washington audience on Nov. 16. Source: News

The American Petroleum Institute, Canadian Association of Petroleum Producers, and Mexican Association of Hydrocarbon Companies jointly reiterated their support for the North American Free Trade Agreement as its renegotiation resumed in Mexico City on Nov. 15. Their latest joint position paper also repeated the need to maintain robust investor protections to keep North American energy […]

According to the International Energy Agency’s World Energy Outlook 2017, up until the mid-2020s, oil demand growth remains robust in the New Policies Scenario (NPS) but slows markedly thereafter as greater efficiency and fuel-switching bring down oil use for passenger vehicles. IEA’s NPS models current and announced energy policies, including those from the Paris Climate […]

Angola’s new president has fired the president of state-owned Sonangol, who was appointed to the position in June 2016 by her father, the former president. Isabel dos Santos implemented a series of reforms at the financially ailing oil and gas company aimed cutting costs and improving efficiency. Source: News