The elected president of Venezuela Edmundo González Urrutia had to flee to Spain and is currently in exile in that country after the regime issued an arrest warrant against him for subversion. González Urrutia obtained 67% of the votes in the election day of July 28, against 30% for Nicolás Maduro with 83.5% of the votes verified with published tally sheets, winning in all states (source: resultadosconvzla.com). We reject the arrest warrant, and the fraud intended by the National Electoral Council – CNE of Venezuela, proclaiming Nicolás Maduro as president-elect for a new presidential term and its ratification by the Supreme Court of Justice-TSJ, both without showing the voting minutes or any other support.  EnergiesNet ” Latin America & Caribbean web portal with news and information on Energy, Oil, Gas, Renewables, Engineering, Technology, and Environment.– Contact : Elio Ohep, editor at  EnergiesNet@gmail.com +584142763041-   The elected president of Venezuela Edmundo González Urrutia had to flee to Spain and is currently in exile in that country after the regime issued an arrest warrant against him for subversion. González Urrutia obtained 67% of the votes in the election day of July 28, against 30% for Nicolás Maduro with 83.5% of the votes verified with published tally sheets, winning in all states (source: resultadosconvzla.com). We reject the arrest warrant, and the fraud intended by the National Electoral Council – CNE of Venezuela, proclaiming Nicolás Maduro as president-elect for a new presidential term and its ratification by the Supreme Court of Justice-TSJ, both without showing the voting minutes or any other support.
10/28 Closing Prices / revised 10/29/2024 08:18 GMT | 10/28 OPEC Basket  $71.59 –$2.22 cents | 10/28 Mexico Basket (MME)  $62.55 –$4.36 cents |  09/30 Venezuela Basket (Merey) $54.91   -$7.24 cents  10/28 NYMEX Light Sweet Crude $67.38 -$4.40 cents | 10/28 ICE Brent Sept $71.42 -$4.63 cents | 10/28 Gasoline RBOB NYC Harbor  $2.9257 -0.113 cents | 10/28 Heating oil NY Harbor  $2.1398 -0.1093 cents | 10/28 NYMEX Natural Gas $2.863 +0.229 cents | 10/18 Active U.S. Rig Count (Oil & Gas) = 585 0 | 10/29 USD/MXN Mexican Peso 20.0092 (data live) 10/29 EUR/USD  1.0814 (data live) | 10/29 US/Bs. (Bolivar)  $41.73610000 (data BCV) | Source: WTRG/MSN/Bloomberg/MarketWatch

Petrobras Targets 1 Million BPD Output from Tupi Oilfield by 2027

The Tupi field was discovered in October 2006 by Petrobras. 

Reporting by Rodrigo Viga Gaier, Reuters

RIO
EnergiesNet.com 10 24 2024

Brazil state-run firm Petrobras (PETR4.SA),  plans to bring oil production at its Tupi oil field back to 1 million barrels per day by 2027 as it plans new investments in the asset, its director for exploration and production said on Thursday.

Located in deep waters offshore, Tupi is Brazil’s largest oil field in terms of production with 832,600 bpd, although it has been declining over the past few years, according to August data from oil regulator ANP.

In an interview with Reuters, director Sylvia dos Anjos said Petrobras now wants to bring Tupi’s production back to 1 million bpd.

“Tupi was declining, but it will come back up again,” she said, adding Petrobras aims to up production by drilling new wells at the field.

Still, even if the plans go as expected, dos Anjos expects Tupi to lose its crown as Brazil’s largest field to Buzios, another deep-water giant.

Buzios currently produces 605,600 bpd, ANP data showed.

Dos Anjos said Buzios should outpace a production of 1 million barrels of oil equivalent per day (boepd) in the second half of 2025.

According to dos Anjos, Petrobras plans to drill 25 fresh wells in its Campos basin next year aiming to find new oil and gas discoveries, while it also intends to carry out a new complementary drilling campaign in Santos basin.

In gas, Petrobras expects to raise its production by about 3 million cubic meters per day with the reopening of two wells in the Roncador field, she said.

Reporting by Rodrigo Viga Gaier; Writing by Andre Romani; Editing by Aida Pelaez-Fernandez and Marguerita Choy

reuters.com 10 24 2024

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