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Sept. 24 (Zack's) Petrobras PBR, in collaboration with WEG SA and Norway’s Statkraft AS, has launched the most powerful onshore wind turbine ever installed in Brazil. Located in Bahia state, this 7-megawatt (“MW”) turbine marks a transformative moment for renewable energy in the region and sets a new benchmark for the country’s wind power sector. Strategic... Continue Reading →
The Brazilian oil and gas sector is expected to receive approximately R$17 billion in new onshore investments from the extension of contracts for 139 onshore oil and natural gas production fields originated in Round Zero. This figure was released by the National Petroleum Agency (ANP). The so-called Round Zero was held in 1998, following the... Continue Reading →
Sept 23 (Reuters) - Exxon Mobil, Brazilian state-run Petrobras and oil services provider TechnipFMC petitioned the country's antitrust regulator Cade to intervene in a merger between energy contractors Subsea7 and Saipem, public documents seen by Reuters show. In filings submitted on Thursday, the firms said the merger between Norway's Subsea7 and Italy's Saipem would bring a level of concentration... Continue Reading →
Sept 23 (Reuters) - Brazilian motor maker WEG (WEGE3.SA), opens new tab will invest $77 million in a U.S. specialty transformer manufacturing facility, it said on Tuesday, seeking to increase the plant's production capacity by 50% as artificial intelligence fuels demand in the country. The investment in the Washington, Missouri, plant targets the production of transformers seen as essential... Continue Reading →
Sept. 23 (TN) The ANP Board of Directors approved the inclusion of 275 new blocks and five areas with marginal accumulations in the Permanent Concession Offer (OPC) notice, located in the Campos, Ceará, Espírito Santo, Parnaíba, Potiguar, Recôncavo, Santos, São Francisco, Tacutu, and Tucano Sul basins. The new version of the notice, including the approved... Continue Reading →
Sept. 23 (PN) Equinor has completed the 15-km shallow-water section of the Raia Gas Pipeline. The 200-kilometer line will connect the Raia FPSO to the gas transmission network near Cabiúnas, in Macaé, Rio de Janeiro. Operations are scheduled to begin in 2028. Installation of the shallow-water section took approximately two months. In the next stage,... Continue Reading →
Sept. 22 - Petróleo Brasileiro S.A. – Petrobras, following up on the Material Fact published on 05/12/2025, informs that it will make today the payment of the second installment of shareholder remuneration relating to the balance sheet of March 31, 2025. The gross amount to be distributed today corresponds to R$ 0.45458309 per outstanding common... Continue Reading →
This year marked the return to boosting oil and gas production, and with it—increased exploration efforts in key basins and promising new frontiers. Guyana, Suriname, Namibia, and Brazil have seen major oil discoveries in recent years. Big oil scaled back on renewable energy investment and has returned to oil and gas exploration. Sept. 19 (oilprice.com)... Continue Reading →
Sept 18 (Reuters) - Colombian state-run energy company Ecopetrol is set to exceed its 2025 goal of drilling 10 oil wells by between 20% and 40%, the company's vice president for hydrocarbons, Rafael Guzman, said on Thursday. The company drilled six wells in the first half of the year, two of which were successful, it has said. "I think... Continue Reading →
Sept. 18 (TN) Petrobras has approved the construction of the São Tomé CCS Pilot Project in Macaé, Rio de Janeiro, a strategic initiative to achieve the carbon neutrality goal by 2050. This is the first CCS (Carbon Capture and Storage) pilot project in Brazil, with infrastructure that allows for the complete integration of CO₂ capture,... Continue Reading →
Brazil Energy Insight 