News
01 August 2024

Brazil’s PPSA sells 37.5m barrels of oil at R$17 billion

In:
Oil & gas
Region:
Americas

Brazil’s Pre-Sal Petroleo (PPSA) sold 37.5 million barrels of oil from Union Oil’s 2025 production related to the Mero and Buzios Fields this week, in a auction contested by seven companies. The 4th Union Oil Auction had a record number of qualified companies participating, a record...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Video
26 August 2026

ECAs in Asia: Exploring frictions holding up ECA support

Ahead of Asia 2026, TXF gathered a handful of ECAs to outline why international ECA support still struggles to land in Asia — and where it is starting to work.

Perspective
28 August 2026

The export finance players that broke through

TXF’s export finance data for the first half of 2026 include several banks and ECAs that really upped their games. The key driver of success has been increasing commitments to...