Brought to you by Quest Offshore & Southern Cone Consultants
April 17 (offshoreWIND.biz) The first wind turbine has been installed at the Sunrise Wind project site offshore New York, Ørsted confirmed to offshoreWIND.biz on 17 April. “As part of ongoing construction at Sunrise Wind, the project has safely and successfully installed its first turbine generator, marking an important step toward delivering first power to New York later... Continue Reading →
Rio de Janeiro, April 17, 2026 - Petróleo Brasileiro S.A. – Petrobras announces that it has signed an agreement to acquire an interest and assume operatorship of Block 3, offshore São Tomé and Príncipe, Africa, from Oranto Petroleum Limited (Oranto). The current consortium is composed of Oranto, the current operator with a 90% interest, and... Continue Reading →
April 16, 2026 – Petróleo Brasileiro S.A. – Petrobras, following up on the Material Fact published on March 5, 2026, informs that, at a meeting held today, the Annual General Meeting (AGM) approved the remuneration to shareholders relating to the fiscal year 2025, in the total amount of R$ 41,235,750,000.00, representing R$ 3.19936420 per outstanding... Continue Reading →
April 16 - Petrobras has completed the interconnection campaign of the Buzios 8 project, a step that enables the first oil from the P-79 platform in the Búzios field, in the Santos Basin. The unit will have the capacity to produce up to 180,000 barrels of oil per day and compress 7.2 million cubic meters... Continue Reading →
April 16 (Reuters) - The Sirius offshore gas project in the Colombian Caribbean has completed more than half of its 120 required prior consultations, the head of Petrobras Colombia said on Thursday. The project is a joint venture between Brazil's Petrobras, which serves as operator with a 44.4% stake, and Colombia's state-run Ecopetrol, which holds... Continue Reading →
April 16 (oilprice.com) Higher oil and gas prices and volatile energy commodity markets are set to more than offset production losses from the Middle East at French supermajor TotalEnergies, which expects significantly higher upstream and LNG trading profits. In the early days of the war, TotalEnergies warned that the conflict had effectively shut in 15% of its... Continue Reading →
April 16 (Reuters) - Spanish energy group Repsol has reached an agreement with the Venezuelan government and state energy firm PDVSA to take back operational control of its Venezuelan oil assets and boost production, the company said on Thursday. The agreement includes plans to triple production from its Venezuelan oil operations within three years and guarantee... Continue Reading →
April 16 (Reuters) - Washington's top derivatives regulator is due on Thursday to reassure lawmakers that the United States will punish fraud as concern mounts on Capitol Hill that oil, stock and prediction market players are illicitly trading on inside information from the White House, according to prepared remarks seen by Reuters. The first congressional testimony by the current chair of... Continue Reading →
April 16 (oilprice.com) An analysis by The Guardian has revealed that the world's largest Oil & Gas companies, as well as major oil producers such as Saudi Arabia and Russia, will make an extra $234 billion in windfall profits by the end of the year if oil prices continue to average $100 per barrel. According to the... Continue Reading →
April 16 - BRAVA ENERGIA S.A. (“BRAVA” or “Company”) (B3: BRAV3), pursuant to CVM Resolution No. 44, hereby informs its investors and the market in general of the disclosure of the Company’s Reserves Certification Reports, with a reference date of December 31, 2025 (“Certification 2026”), prepared by the independent specialized consultancies DeGolyer and MacNaughton and... Continue Reading →
Brazil Energy Insight 