News
06 November 2019

Huge Brazil oil round disappoints as only Petrobras and Chinese bid

In:
Oil & gas
Region:
Americas

A huge Brazilian oil auction, dubbed one of the largest ever, frustrated expectations as high prices and tepid demand turned the widely awaited tender into an embarrassing miscalculation for the cash-strapped government. Brazil's state-controlled oil firm Petrobras and Chinese state firms...

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


Perspective
26 January 2026

Venezuela: Not yet bankable or investable

The Trump administration’s capture of Nicolás Maduro was in part designed to create opportunities for US players in Venezuela’s oil sector. But both the short-term and...

Video
04 February 2026

Dealmakers: Brigitte Bruengger, SERV

TXF spoke with Brigitte Bruengger, head of large enterprises, SME & acquisition at SERV, to outline the recent challenges for Swiss exporters, its scheme for attracting more...