Latin American momentum grows: Chevron’s Uruguay extension buys time for seismic work as Sintana pursues permit offshore Argentina

July 21 (offshore-energy.biz) Canada-headquartered oil and natural gas exploration player Sintana Energy has shed light on the latest activities in Latin America, confirming the advancement of its offshore plans in Argentina and an extension for the Chevron-operated block off the coast of Uruguay. According to Sintana, the National Administration of Fuels, Alcohol and Portland Cement... Continue Reading →

July 21, 2026 0

Guyana closes in on one million barrels per day as Uaru start-up approaches

July 21 (oinow.gy) Guyana is approaching oil production of one million barrels per day (b/d), less than seven years after the country produced its first commercial crude from the ExxonMobil-operated Stabroek Block. Production from four offshore projects averaged 903,000 b/d in April 2026, according to government data reviewed by OilNOW. The Uaru project, expected to begin... Continue Reading →

July 21, 2026 0

CorPower Gains World-First DNV Wave Energy Prototype Approval

July 21 (OE) CorPower Ocean has been awarded the world’s first DNV Prototype Certificate for a wave energy converter (WEC), marking a major leap towards bankable, utility-scale wave energy. The CorPower C4 has been certified by DNV under DNV-SE-0120, Certification of Wave Energy Converters and Arrays, following independent verification. The certificate confirms the technology meets... Continue Reading →

July 21, 2026 0

Brazil and US clash over future of payments as popular Pix system stirs global interest

July 21 (Reuters) - Brazil's Pix, one of the world's most successful instant-payment systems, has become a flashpoint between Brasília and Washington as the Trump administration aims to protect U.S. firms from the model's growing appeal in dozens of countries. U.S. Trade Representative Jamieson Greer named Pix, operated by Brazil's central bank, as one of... Continue Reading →

July 21, 2026 0

Halliburton beats estimates on Europe, Latin America oilfield services demand

July 21 (Reuters) - Halliburton edged past Wall Street estimates for second-quarter profit on Tuesday as gains in its other international markets ‌offset declines in the Middle East, but shares fell 4.3% in premarket trading on subdued demand in North America. The Middle East conflict has dominated energy markets this year as repeated flare-ups keep a crucial oil-producing... Continue Reading →

July 21, 2026 0

Major Offshore FID Decisions in 2025 Took Place in Brazil – Westwood

July 21 (PN) Brazil was home to the major large-scale offshore projects that reached a final investment decision (FID) in 2025, according to the third edition of the State of Exploration series released by the consultancy Westwood. The report analyzes the evolution of high-impact discoveries made between 2010 and 2025 and assesses the industry's ability... Continue Reading →

July 21, 2026 0

Ibama Grants Installation Licenses for P-80 and P-82 Platforms at Buzios Field

The Brazilian Institute of the Environment and Renewable Natural Resources (Ibama) issued installation licenses for the P-80 and P-82 platforms, which are destined for the Búzios field in the Santos Basin pre-salt area. The P-80 and P-82 will rank among Brazil's largest platforms. Each will have the capacity to produce up to 225,000 barrels of... Continue Reading →

July 21, 2026 0

Brava Energia – Ecopetrol Resubmission of the Tender Offer Notice

July 21 - BRAVA ENERGIA S.A. (“Brava” or the “Company”) (B3: BRAV3), in compliance with CVM Resolution No. 44/2021, and further to the Material Fact notice dated July 15, 2026, hereby informs its shareholders and the market in general that it has received from Ecopetrol Investimentos do Brasil Ltda. (“Offeror”) the notice attached to this Material... Continue Reading →

July 21, 2026 0

US energy firms boost rig count to highest since April 2025, Baker Hughes says

July 17 (Reuters) - U.S. energy firms this week added rigs for a fifth week in a row for the first time since early June, boosting the total count to its highest since April 2025, energy services firm Baker Hughes said in its closely followed report on Friday. The total rig count, an early indicator of... Continue Reading →

July 17, 2026 0

Grupo Carso to Buy TotalEnergies’ Stake in Mexico Offshore Block

July 17 (OE) Grupo Carso has signed a binding agreement with TotalEnergies to acquire its entire 30% interest in offshore Block 30 in Mexico's Isthmus Saline Basin. The acquisition will be carried out through Mx Dlta Nrg 1, a subsidiary of Zamajal, in which Grupo Carso holds an 80% interest and Control Empresarial de Capitales... Continue Reading →

July 17, 2026 0

Brazil Energy Insight

Latin American momentum grows: Chevron’s Uruguay extension buys time for seismic work as Sintana pursues permit offshore Argentina

Guyana closes in on one million barrels per day as Uaru start-up approaches

CorPower Gains World-First DNV Wave Energy Prototype Approval

Brazil and US clash over future of payments as popular Pix system stirs global interest

Halliburton beats estimates on Europe, Latin America oilfield services demand

Major Offshore FID Decisions in 2025 Took Place in Brazil – Westwood

Ibama Grants Installation Licenses for P-80 and P-82 Platforms at Buzios Field

Brava Energia – Ecopetrol Resubmission of the Tender Offer Notice

US energy firms boost rig count to highest since April 2025, Baker Hughes says

Grupo Carso to Buy TotalEnergies’ Stake in Mexico Offshore Block

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