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April 9 (Reuters) - Energy producer Shell plans to begin natural gas output in 2027 from the Loran-Manatee offshore field, which crosses the border of Venezuela and Trinidad and Tobago the chairman of Trinidad's National Gas Company, Gerald Ramdeen, told Reuters on Thursday. Shell is moving to accelerate gas projects in Venezuela under interim President Delcy... Continue Reading →
April 10 (ANP) The ANP (National Agency of Petroleum, Natural Gas and Biofuels) released today (April 10th) the Annual Resources and Reserves Bulletin (BAR) 2025. The publication provides consolidated information on Brazilian oil and natural gas reserves declared by companies operating exploration and production areas last year. In 2025, there was a 3.84% increase in... Continue Reading →
April 10 (Reuters) ConocoPhillips said on Thursday it is sending a small evaluation team to Venezuela this week to evaluate oil and gas opportunities. The U.S. oil producer left the South American country in 2007 after its assets there were nationalized. The company is owed about $12 billion with interest following arbitration awards stemming from... Continue Reading →
April 10 - Subsea7 wins a supermajor contract by Petrobras for the development of the Sépia 2 field in the Santos Basin offshore Brazil. The contract, awarded following a competitive tender, covers engineering, procurement, fabrication, installation and pre-commissioning of subsea umbilicals, risers and flowlines for the project. The company deemed the contract as supermajor, meaning... Continue Reading →
April 9, 2026 – Petróleo Brasileiro S.A. – Petrobras, following up on the announcement made on March 16, 2026, announces that it signed contracts today with Petronas Petróleo Brasil Ltda. for the acquisition of 50% interests in the Tartaruga Verde and Espadarte – Module III fields, located in the Campos Basin. Upon completion of the... Continue Reading →
April 9 (Reuters) - The Middle East war is giving fresh momentum to Europe's push for energy independence and bolstering the case for offshore wind farm developments, the CEO of Denmark's Orsted said on Thursday. Europe, a major importer of fossil fuels, has seen energy prices soar in recent weeks as the U.S.-Israeli war on Iran, and Teheran's blockage of shipments through... Continue Reading →
April 9 (Reuters) - Chevron said on Thursday it expected first-quarter upstream earnings to rise between $1.6 billion and $2.2 billion from the previous quarter, fueled by higher oil prices due to the Iran war, though an impact from hedging could weigh on results. The U.S. oil major said timing effects tied to hedging and accounting were... Continue Reading →
April 9th, 2026 – OMS Group and Exail today announced the acquisition of a second Exail DriX O-16 Uncrewed Surface Vessel (USV), accelerating OMS Group’s deployment of autonomous survey capabilities to support the growing demand for subsea cable infrastructure worldwide. The first DriX O-16, purchased last year and to be named USV Elite, is scheduled... Continue Reading →
April 9 - BRAVA ENERGIA S.A. (“Brava” or “Company”) (B3: BRAV3), informs its investors and the market in general of the preliminary and unaudited production data for the month of March 2026. Atlanta – Production was impacted by a targeted intervention carried out on one of the pumps operating within the asset. Potiguar – The... Continue Reading →
April 9 (Reuters) China imported a record volume of oil from Brazil in March, boosting Brazilian exports of the commodity to the second highest level in the historical series, amid a reorganization of global energy flows following disruptions in the Middle East. The Asian country bought 1.6 million barrels per day (bpd) of Brazilian oil... Continue Reading →
Brazil Energy Insight 