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Feb 10 (Reuters) - Equinor's international oil and gas portfolio will return to growth in the next few years as the Norwegian energy group targets sharply increased output abroad by 2030, its head of foreign operations told Reuters. After recent divestment of onshore assets in Argentina, Equinor now produces oil and gas in seven countries outside Norway, down... Continue Reading →
February 6, 2026 – Petróleo Brasileiro S.A. – Petrobras announces that it has acquired a 42.5% stake in Block 2613, located offshore in the Republic of Namibia, Africa. The transaction was carried out in partnership with TotalEnergies, which also acquired 42.5% and will act as the operator of the block. The selling companies are Eight Offshore... Continue Reading →
Feb. 3 (TN) Shell Brasil Petróleo Ltda. (Shell Brasil), a subsidiary of Shell plc, has signed an agreement to sell a 20% stake in the Orca Project to Kuwait Foreign Petroleum Exploration Company (KUFPEC). Orca is a deepwater project in the pre-salt area of the Santos Basin. After the transaction is completed, Shell will remain... Continue Reading →
Feb 2 (Reuters) - Norway's Equinor said on Monday it has agreed to sell its onshore business in Argentina's Vaca Muerta basin to Vista Energy for $1.1 billion, half paid in cash and the other half in the form of Vista shares and future payments linked to output and oil prices. "The consideration includes contingent... Continue Reading →
Jan. 29 (oilprice.com) Russia’s oil producer Lukoil has agreed to sell most of its international assets to private equity giant Carlyle. Following the U.S. sanctions on Lukoil and Rosneft, “as a result of Russia’s lack of serious commitment to a peace process to end the war in Ukraine,” Lukoil announced in October it would sell all of its international assets, initiating a... Continue Reading →
Jan 22 (Reuters) - Oil major Shell is considering a sale of its assets in Argentina's Vaca Muerta shale play and has approached potential buyers in recent weeks to gauge their interest, three sources familiar with the matter told Reuters. Shell is open to selling some or all of its interests in the highly sought shale... Continue Reading →
Jan. 20 (oilprice.com) A three-day strike at Peru’s state oil company began Monday as workers protested government plans to open the company to private investment, a move that comes as Petroperu also weighs bringing in outside management for its debt-laden Talara refinery. Workers at state-owned Petroperu launched the strike in opposition to what unions describe... Continue Reading →
Jan 19 (Reuters) - Swedish investment platform Maha Capital is seeking approval from the United States to acquire an indirect minority stake in a PDVSA-controlled oil firm, Maha's chairman of the board, Paulo Thiago Mendonca, told Reuters on Friday. The firm has until May to exercise an option for a majority stake in a Novonor subsidiary... Continue Reading →
Jan. 16 - 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 January 15, 2026, it has entered into an agreement for the acquisition of the entire 50% equity interest currently held by PETRONAS Petróleo Brasil Ltda. (“PPBL”) in... Continue Reading →
Jan. 2 (Reuters) - Peru issued an emergency decree late Wednesday approving the reorganization of state-owned oil firm Petroperu, allowing private investment in key company assets. The decree signed by Peru's President José Jerí says the company could be separated into one or more asset blocks, including the state-of-the-art Talara refinery that the company spent... Continue Reading →
Brazil Energy Insight 