Aug. 13 (oilprice.com) Over the past couple of years, Colombia’s clean energy transition has shifted into overdrive under President Gustavo Petro’s "Just Energy Transition" agenda, with the country pivoting away from fossil fuels towards wind and solar energy. Petro, Colombia’s first ever left-wing president, instituted a strict ban on signing new oil, gas and coal exploration contracts... Continue Reading →
Brava Energia: Results of the Auction Related to the Tender Offer Launched by Ecopetrol
Aug. 5 - BRAVA ENERGIA S.A. (“Brava” or the “Company”) (B3: BRAV3), pursuant to Article 157, Paragraph 4, of Law No. 6,404, dated December 15, 1976, as amended, and CVM Resolution No. 44, dated August 23, 2021, and further to the Material Facts disclosed on April 23, 2026, May 25, 2026, June 15, 2026, and July... Continue Reading →
Petrobras confirms New Gas Discovery in Colombia
August 3, 2026 – Petróleo Brasileiro S.A. - Petrobras informs a new gas discovery in the Sandia-1 exploratory well, located in Block GUA-OFF-O in deep waters offshore Colombia. The Sandia-1 well is located approximately 42 kilometers from the coast, at a water depth of 1251 meters and 18 kilometers from the Sirius-1 (discovery) and Sirius-2... Continue Reading →
Guyana’s Oil Boom Matters More Than Ever
July 30 (oilprice.com) In a surprise development, the tiny South American nation of Guyana recently emerged as a major oil exporter. In a mere four years, the former British colony of one million went from first discovery to first oil. Guyana has cemented its place among South America’s leading oil producers, pumping nearly one million barrels per... Continue Reading →
Brava Energia Board of Director’s Opinion on the Ecopetrol Tender Offer
July 24 - BRAVA ENERGIA S.A. (“Brava” or the “Company”) (B3: BRAV3), pursuant to Article 157, paragraph 4, of Law No. 6,404 dated, December 15, 1976, as amended, and CVM Resolution No. 44, dated August 23, 2021, further to the Material Facts disclosed on April 23, 2026, May 25, 2026, June 15, 2026 and July 7,... Continue Reading →
Brazil’s Oil Boom Is Accelerating as Asian Buyers Flee the Middle East
July 22 (oilprice.com) Since Middle East hostilities reignited, oil prices have soared higher, although they remain below the highs witnessed during April 2026. This can be blamed on U.S. strikes against Iran, with Tehran and Washington disrupting traffic in the Strait of Hormuz, through which a fifth of global hydrocarbon supplies are shipped. This has sparked greater demand for Brazil’s... Continue Reading →
Brava Energia – Ecopetrol Resubmission of the Tender Offer Notice
July 21 - BRAVA ENERGIA S.A. (“Brava” or the “Company”) (B3: BRAV3), in compliance with CVM Resolution No. 44/2021, and further to the Material Fact notice dated July 15, 2026, hereby informs its shareholders and the market in general that it has received from Ecopetrol Investimentos do Brasil Ltda. (“Offeror”) the notice attached to this Material... Continue Reading →
CADE Approves Ecopetrol’s Acquisition of Control of Brava Energia (BRAV3)
June 18 - The Administrative Council for Economic Defense (CADE) approved, without restrictions, the acquisition of control of Brava Energia (BRAV3) by Ecopetrol, removing another regulatory step for the completion of the operation. The decision comes a day after Brava announced that the public takeover bid (OPA) launched by the Colombian oil company was temporarily... Continue Reading →
South America’s stealthy ascent to key crude oil swing supplier
By Gavin Maguire June 3 (Reuters) - While oil markets fixate on the disruptions to Middle East exports and surging U.S. supply in 2026, South America is quietly emerging as a key new source of global crude flows. Led by Brazil, Guyana and Venezuela, the region has delivered the largest increase in oil exports of... Continue Reading →
Ecopetrol files tender offer to take control of Brazil’s Brava
May 26 (Reuters) - Colombia's state oil company Ecopetrol launched a tender offer to acquire control of Brava Energia, the Brazilian energy firm said in a securities filing late on Monday. Offer covers 116.1 million common shares at 23 reais per share, a 15.4% premium over Brava's Monday close Deal represents about 25% of Brava's total... Continue Reading →