Brought to you by Quest Offshore & Southern Cone Consultants
Oct. 1 - ANP reports that in August 2026, Brazil produced 6.002 million barrels of oil equivalent per day (boe/d) of oil and natural gas. Regarding oil, 4.615 million barrels per day (bbl/d) were extracted, an increase of 2.6% compared to the previous month and 18.4% compared to the same month in 2025. Natural gas... Continue Reading →
Oct 1 (Reuters) - French oil company TotalEnergies plans to invest $10 billion in Argentina, Chief Executive Patrick Pouyanne said on Thursday at a conference in Paris. The investment will be spread across different projects, including the drilling of new wells in Tierra del Fuego and an expansion of its gas production in Neuquen. "We... Continue Reading →
Sept 30 (Reuters) - A gas pipeline connecting neighbors Venezuela and Colombia that has remained idle in recent years needs to be repaired and reopened as soon as possible, the head of Colombia's gas association Naturgas, Luz Stella Murgas, said on Wednesday. The infrastructure is increasingly seen as essential to help Colombia reduce a natural... Continue Reading →
Sept 30 (Reuters) - US senators from both parties said on Wednesday they have reached a deal to reform laws on the permitting of large energy and infrastructure projects, though a vote will not occur before the midterm elections. The agreement marks a significant milestone in the years-long effort by Congress to overhaul federal permitting,... Continue Reading →
Sept. 30 (PN) The Pelotas Basin, located in the Brazilian southern region, may hold approximately 1 trillion cubic meters of recoverable natural gas, according to a preliminary estimate by the Energy Research Office (EPE). The assessment also indicates a volume of approximately 3.4 billion barrels of recoverable oil. In total, the study estimates 17.9 billion... Continue Reading →
Sept 30 (Reuters) - Executives gathered in Caracas this week for the first large energy conference since Washington launched a $100 billion reconstruction effort for Venezuela's oil industry are warning about slow progress to clear the biggest obstacle for their expansion projects: unreliable power. With an unresolved electricity deficit of more than 1,500 megawatts (MW),... Continue Reading →
