Aug 19 - BRAVA ENERGIA S.A. (“Brava” or “Company”) (B3: BRAV3), pursuant to CVM Resolution No. 44, hereby informs its investors and the market in general that, on August 18, 2026, it received resignation letters from Mr. Mateus Tessler, from the positions of member of the Board of Directors and Coordinator and member of the... Continue Reading →
Petrobras requests Ibama license to explore 3 additional wells in Amapá
Aug. 18 - Petrobras has filed a request to drill three wells with the Brazilian Institute of the Environment and Renewable Natural Resources (Ibama) for an environmental license to advance its oil and natural gas exploration campaign in the Foz do Amazonas Basin. This area is located along the Equatorial Margin, off the coast of... Continue Reading →
Ecopetrol takes Brava Energia under its wing in $1.2 billion Brazil expansion move
Aug. 18 (offshore-energy.biz) Ecopetrol Investimentos do Brasil, a wholly owned subsidiary of Colombia’s state-owned oil and gas company Ecopetrol, has broadened its presence in Brazil’s energy sector by acquiring a controlling stake in local oil and gas producer Brava Energia. In a step that strengthens its growth platform in Brazil, Ecopetrol has completed the acquisition of a... Continue Reading →
OSV Market: Howling Wind Test Tight CSOV Market
Aug. 17 (OE) As the market moves toward the end of the summer season in the northern hemisphere, several offshore support vessels are expected to roll off their contracts over the coming months. Shipowners are thus already positioning tonnage for the winter and next summer season. The CSOV market has remained tight over the past... Continue Reading →
Corvus Energy expands service support for Brazil’s growing offshore sector with Belga Marine
August 17, 2026 Bergen, Norway and Rio de Janeiro - Corvus Energy, global market leader in marine energy storage systems, has entered into a strategic partnership with Belga Marine, a distinguished maritime and offshore service provider based in Brazil, to deliver specialized local support, expert aftermarket battery system services, and on-the-ground spare parts storage to... Continue Reading →
Petrobras Announces New Hydrocarbon Discovery in Ultra-Deep Waters off the Coast of Amapá
Rio de Janeiro, August 14th, 2026 – Petróleo Brasileiro S.A. – Petrobras has identified the presence of hydrocarbons in an exploratory well currently being drilled in Block FZA-M-59, located in deep waters offshore Amapá, within the Foz do Amazonas Basin in Brazil's Equatorial Margin. The Morpho well (1-BRSA-1405-APS) is located approximately 175 km off the... Continue Reading →
Brazil opens reciprocity process against US over tariffs
Aug 13 (Reuters) - The Brazilian government has opened a process that could result in the adoption of reciprocal measures against the United States in response to tariffs recently imposed by Washington on the country's goods, it said in a Thursday statement. The U.S. government announced tariffs of 25% last month on some Brazilian goods, alleging unfair... Continue Reading →
Ethanol emerges as a marine fuel with big name backing
Aug. 14 (splash247.com) As shipowners place their first investments in ethanol-fuelled ships, engine technology is well prepared for growing uptake of the biofuel, writes Andrea Lazzaro, head of business intelligence at WinGD. When one of the world’s biggest dry bulk charterers backs a new alternative fuel type, the industry takes notice. But to anyone paying... Continue Reading →
Tupi asset reaches cumulative production of 4 billion barrels
Aug. 14 - The Tupi asset, in the pre-salt area of the Santos Basin, has reached cumulative production of 4 billion barrels of oil equivalent (boe), becoming the first in the company's 73-year history to achieve this production volume. The first pre-salt system to begin commercial production, in 2010, it required the development of a new exploration model and pioneering... Continue Reading →
Brazil Advances Low-Carbon Hydrogen and Carbon Capture Regulation
Aug. 13 - The government also signed significant decrees for the energy industry. The first regulates the implementation of the National Low-Carbon Hydrogen Policy. The decree puts into practice mechanisms for governance, certification, tax incentives, and investment promotion, laying the groundwork for the National Hydrogen Program (PNH2) and the Low-Carbon Hydrogen Development Program (PHBC). It... Continue Reading →