Venezuela’s Gas Potential Could Overshadow Its Famous Oil Reserves

March 8 (oilprice.com) Following the United States intervention in Venezuela on 3rd January, which brought an end to President Nicolás Maduro’s 13-year dictatorship, all eyes have been on the South American country’s oil industry. Once one of the world’s biggest oil producers, output has waned in recent years. However, with U.S. President Trump setting his sights on Venezuelan... Continue Reading →

Brazil regulator CADE approves IG4-Novonor deal for Braskem

 March 6 (Reuters) - The general superintendence of ‌Brazil's antitrust watchdog CADE approved on Friday the agreement for private equity firm IG4 ​Capital to buy a controlling ​stake in petrochemical firm Braskem from conglomerate ⁠Novonor, a regulatory document showed. The ​agreement, which had been announced by the companies ​in December, was approved by the superintendence without restrictions,... Continue Reading →

Viridien Launches Charrua 3D Seismic Survey Offshore Uruguay

March 6 (OE) Viridien has kicked off the Charrua 3D multi-client seismic survey offshore Uruguay, marking a new phase of exploration activity in the country’s offshore basins. Data acquisition will be carried out by the vessel BGP Prospector, with the company applying seismic imaging technologies including time-lag full-waveform inversion (TLFWI) to produce high-resolution subsurface images.... Continue Reading →

Jaguar FPSO advances toward 2027 start-up with module installation and integration works underway

March 6 (oilnow.gy) SBM Offshore said the Jaguar floating production, storage and offloading vessel project has reached several construction milestones as work continues toward a planned 2027 start-up offshore Guyana. “Following a safe and successful work program in the Seatrium dry-dock, FPSO Jaguar has been safely relocated and moored quayside for the integration phase,” SBM... Continue Reading →

Brava Energia February’26 Production Data

 March 6 - 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 February 2026. Potiguar – The decline in productivity observed in recent months reflects the shutdown of facilities in the region, resulting from the audit concluded... Continue Reading →

Blog at WordPress.com.

Up ↑