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April 2 (TN) Vast Infraestrutura carried out the first ExxonMobil oil transshipment operation in Brazil, moving one million barrels from the Bacalhau Field to Vast's Oil Terminal (T-Oil), in the Porto do Açu, in the north of the state of Rio de Janeiro, destined for the international market. The operation involved two Suezmax class tankers... Continue Reading →
April 2 (ANP) Brazil broke its record for oil and natural gas production in February, with 5.304 million barrels of oil equivalent per day (boe/d). The previous record was set in October 2025, with 5.255 million boe/d. There were also records in separate oil and gas production. The data was released today (April 1st) by... Continue Reading →
April 1 (Reuters) - Shell is in advanced talks with Venezuela's government to develop four large areas near Trinidad and Tobago, in two of the South American country's largest offshore natural gas fields, two people familiar with the discussions said. The London-based energy major has been trying for years to advance the 4.2-trillion-cubic-feet Dragon gas field... Continue Reading →
April 1, 2026 - PRIO S.A. (“Company” or “PRIO”) (B3: PRIO3), following best practices incorporate governance and transparency, informs its preliminary and non-audited Operational Data for the month of March. Key: (1) In the Valente cluster, the first producing well in the Wahoo field began production on March 18th and the second on March 25th. ... Continue Reading →
April 2, 2026 – Petróleo Brasileiro S.A. – Petrobras following up on the announcement of December 1, 2025, informs that the financial settlements related to the first redetermination of the Tupi Shared Reservoir, located in the Santos Basin, have been completed. This follows the approval of the Fourth Addendum to the Production Individualization Agreement (AIP)... Continue Reading →
April 1 (MME) The National Energy Policy Council (CNPE) approved, this Wednesday (April 1st), the resolution establishing the Guidelines for regulating Law No. 15,097/2025, on Offshore Wind Energy. The approval complies with the legal framework sanctioned in January 2025 and the deadlines established for the activities of the Offshore Wind Energy Working Group (GT-EO), instituted... Continue Reading →
April 1 (PN) Brazilian demand for platform supply vessels (PSVs) peaked at 140 vessel-years in 2025, driven by new offshore developments and high daily rates. This data comes from a survey by Rystad Energy, authored by Supply Chain specialists Victor Claro and Einar Michel. According to the consultancy, this scenario led shipowners to mobilize foreign-flagged... Continue Reading →
March 31 (Reuters) - Renewable power made up almost 50% of the world’s electricity capacity last year after a record increase in solar installations, data from the International Renewable Energy Agency shared exclusively with Reuters showed on Tuesday. As the Middle Eastern conflict has led to record monthly gains on oil markets, some in industry have lobbied... Continue Reading →
March 31 (oilnow.gy) The GranMorgu offshore project has entered full subsea build-out mode, with multiple subsea Christmas Trees (XTs) completed, according to a March 30 update by TotalEnergies Suriname General Manager Artur Nunes da Silva. The project recorded its first XT completion in December 2025. Since then, progress has accelerated. Nunes da Silva said, “We... Continue Reading →
March 31 (CNN) The president of Shell Brazil, Cristiano Costa, reported that the company surpassed the production of 500,000 barrels of oil equivalent per day (boed) on March 24th, producing 502,200 barrels of oil equivalent per day (boed). The executive highlighted the production of assets such as Parque das Conchas (BC-10), in the Campos Basin,... Continue Reading →
Brazil Energy Insight 