Petrobras seeks partnerships in divestment drive
The Brazilian company plans to reduce its participation in the refinery sector.
The Brazilian company plans to reduce its participation in the refinery sector.
Higher crude prices and a series of pro-market reforms are factors that could offset the impact of high political risk, according to the latest BNamericas oil and gas Intelligence Series report.
The project involves capex of almost US$400mn to produce 2,700t/y iodine.
The new 40,000m2 facility will house plants for the firm's main business lines in Chile: industrial, pharmaceutical and veterinary.
Mexico's state-run Pemex and German company Linde established an alliance regarding the long-term supply of hydrogen to Pemex's Ciudad Madero refinery.
Stricter compliance rules requiring suppliers to perform due diligence on their own suppliers could lead to a new purge among the many suppliers to state-owned oil giant Pemex, according to supplier association AMESPAC.
Total exports rose 0.2% to US$3.575bn, the central bank said in a statement.
Ulises Hernández has a doctorate in geology from the University of Reading in the UK and has been with Pemex since 1999.
The 54,000t order left the Píritu port in Anzoátegui state aboard the Liberia-flagged SBI Perseus vessel on Monday.
According to data from OPEC secondary sources published on Thursday, the hydrocarbon-rich South American nation produced 1.488Mb/d in March, down from 1.543Mb the previous month.