Brought to you by Quest Offshore & Southern Cone Consultants
Feb 5 (Reuters) - HIF Global expects significantly lower costs for its green-hydrogen plant in Brazil and hopes to secure financing for the first of four planned modules in the middle of next year, the company's Latin America chief executive said on Thursday. The e-fuels maker had put a $4 billion price tag on the... Continue Reading →
Feb. 4 (oilprice.com) Equinor posted lower earnings in the fourth quarter of 2025 compared with a year earlier, reflecting weaker liquids prices and impairment charges, even as the Norwegian energy major delivered record annual production and outlined measures to reinforce cash flow and competitiveness. Adjusted operating income for the quarter reached $6.2 billion, down from the same... Continue Reading →
Jan. 13 (oilprice.com) Last year, upstream oil investment was projected to have declined 2.5% Y/Y to $420 billion after low oil prices put pressure on producers and slowed expansion plans. Companies across the industry continued to prioritize profitability, free cash flow, and debt reduction over aggressive production growth, a trend reinforced by macro uncertainty. The decline was... Continue Reading →
Dec. 19 - BRAVA ENERGIA S.A. (“BRAVA” or “Company”) (B3: BRAV3), in response to the Official Letter n. 343/2025/CVM/SEP/GEA-1, sent to the Company in December 17, 2025 (“Official Letter”), hereby clarifies the news published by the newspaper CNN Brasil, section Economia/Negócios, in December 17, 2025 (link available here). The contents of the Official Letter are... Continue Reading →
Nov 7 (Reuters) - Brazil's Petrobras expects annual capital expenditures to be between the midpoint and top of its current estimates, as it rolls out investments faster than expected, the state-run oil company's chief financial officer said on Friday. After investing $5.5 billion in the third quarter, Petrobras' cumulative capex for the first nine months of 2025 reached... Continue Reading →
Sept 29 (Reuters) - TotalEnergies will cut its annual capital expenditure by $1 billion, it said on Monday, as the French oil major sought to soothe investor fears over slow asset sales and rising debt at a meeting with investors in New York. The reduction in capex, to around $15–17 billion annually between 2027 and 2030,... Continue Reading →
Sept. 16 (OE) Perenco has started active field reactivation program for the Cherne and Bagre fields in Campos Basin, acquired from Petrobras earlier in 2025, helping meet the industry’s mature field challenges and unlocking in excess of 50 mmstb of reserves. The multi-dimensional, two-year, reactivation program was designed to be executed in three linked stages... Continue Reading →
Aug. 11 (oilprice.com) Brazil’s state-controlled oil giant Petrobras sneezed at the end of last week, and the domestic stock market caught a cold. Despite returning to a profit for the second quarter of the year, Petrobras dashed hopes of an extraordinary dividend for this year amid lower oil prices and higher investments into production expansion.... Continue Reading →
By Rafael Clemente, Key Sales Account Manager, Castrol Castrol explains why subsea hydraulic systems will be integral as we look for proven, viable solutions that are commercially feasible and do the job Operators today face an unenviable challenge: deploying new technology in more complex locations while increasing uptime and reliability at the same time. The... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras announces that approximately R$33 billion in investments are planned for refining and petrochemical projects in Rio de Janeiro, of which R$29 billion in Petrobras Capex and R$4 billion in another project that operates in synergy with Petrobras assets. The implementation of the integration projects of the Boaventura Energy Complex (Itaboraí... Continue Reading →
Brazil Energy Insight 