The 15-minute chart for Natural Gas Services recently displayed a KDJ Golden Cross and Bullish Marubozu at 10/07/2025 14:15, indicating a shift in momentum towards an upward trajectory. This suggests that the stock price has the potential to further increase, as buyers currently hold control of the market and are driving the bullish momentum forward.
Brazil's state-controlled oil company, Petróleo Brasileiro S.A. (Petrobras), has completed its first import of unconventional natural gas from Argentina's Vaca Muerta formation, marking a significant milestone in the country's energy supply strategy
Petrobras Launches First Natural Gas Import From Argentina[1]. The inaugural shipment, carried out in partnership with Pluspetrol, involved 100,000 cubic meters of gas transported via pipelines from Argentina to Bolivia, and then into Brazil
Brazil’s Petrobras imports natural gas from Argentina for the first time[2].
This initiative underscores South America's growing regional gas interconnectivity and aligns with Brazil's goal of increasing domestic gas supply to reduce consumer prices. The test operation marks the beginning of a new commercial and operational framework under which Petrobras can import up to 2 million cubic meters of natural gas per day on an interruptible basis
Petrobras Launches First Natural Gas Import From Argentina[1].
Petrobras' Director of Energy Transition and Sustainability, Angelica Laureano, highlighted the company's commitment to expanding natural gas availability and supporting the sustainable growth of Brazil's energy market. The successful pilot reinforces Petrobras' strategy to diversify supply sources and strengthen Brazil's energy resilience
Petrobras Launches First Natural Gas Import From Argentina[1].
The import of natural gas from Argentina is part of a broader trend of cross-border energy cooperation in South America. Earlier this year, TotalEnergies supplied gas from Vaca Muerta to Matrix Energia in São Paulo, demonstrating the growing network of such trades
Petrobras Launches First Natural Gas Import From Argentina[1].
Petrobras' stock, PBR, currently holds a Zacks Rank #3 (Hold), but investors interested in the energy sector may consider better-ranked stocks like California Resources Corporation (CRC), Core Laboratories Inc. (CLB), and Oceaneering International, Inc. (OII)
Petrobras Launches First Natural Gas Import From Argentina[1].
Comments
No comments yet