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(Reuters) Australia's Woodside Energy said on Friday it would sell some assets in its offshore oil and gas project in Trinidad and Tobago to London-based Perenco for $206 million. The sale includes the Greater Angostura project's offshore production facilities and interests in the shallow water Angostura and Ruby fields, but excludes assets in the deepwater... Continue Reading →
(Reuters) - Argentina's energy company YPF wants to speed up a divestiture plan that includes selling controlling stakes in offshore exploration projects in Argentina and Uruguay, reducing its presence in mature fields and later offering a gas distribution company for sale, chief executive officer Horacio Marin said. YPF has exploration rights in seven offshore areas,... Continue Reading →
(Reuters) - Spanish energy company Iberdrola is seeking a partner willing to buy a minority stake in a roughly 1 gigawatt renewables portfolio, according to two people familiar with the matter. The sources described the project as "Romeo 2.0," referring to a 1.3 GW portfolio of wind and solar assets in which Norway's sovereign wealth... Continue Reading →
Petrobras, following up on the release disclosed on June 12, 2020, announces that its Executive Board has approved today the termination of the divestment project related to the sale of 100% of the shares held by Petrobras International Braspetro B.V. (PIB BV) and other Petrobras subsidiaries, in Petrobras Colombia Combustibles (PECOCO). The decision is in... Continue Reading →
BRAVA ENERGIA S.A. (“BRAVA” or “Company”) (B3:BRAV3), pursuant to CVM Resolution No. 44, following the material facts disclosed on December 27, 2024 and on January 10 and 24, 2025, informs its investors and the market in general that the Company's Board of Directors has defined that the scope of the possible divestment transaction of the... Continue Reading →
(Valor Feb. 20, 2025) With a debt of R$3.3 billion, Seacrest Petróleo filed for bankruptcy protection in the Court of Justice of São Paulo. The company is seeking to suspend collection proceedings and early maturity of the debt for a period of 180 days. The decision to file came after the company received requests for... Continue Reading →
(OE) Offshore accommodation rig provider Prosafe has signed an agreement with an undisclosed party for the sale of its Safe Concordia semi-submersible flotel. Prosafe signed the deal through its wholly-owned subsidiary for the gross price of $5 million before commissions and expenses. The vessel is expected to be delivered to its new owner upon completion... Continue Reading →
BRAVA ENERGIA S.A. (“BRAVA” or “Company”) (B3:BRAV3), pursuant to CVM Resolution No. 44, following the Notice to the Market disclosed on December 17, 2024, hereby informs its investors and the market in general that it signed, on February 7, 2025, with the consortium formed by Azevedo e Travassos Petróleo S. A. (“A&T”) and Petro-Victory Energy... Continue Reading →
(oilprice) Colombia’s president, Gustavo Petro, has canceled a joint venture between state energy company Ecopetrol and Occidental Petroleum on environmental concerns regarding hydraulic fracturing. Bloomberg reported that Petro had shared his concern on national TV, saying he was against a recent expansion of the deal between Ecopetrol and Oxy because it involved fracking, going counter... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, further the notices disclosed on April 27, 2022, and January 26, 2023, hereby informs that today it has received from Petro Rio Jaguar Petróleo S.A. (“PRIO”), a subsidiary of PRIO S.A., R$1.025 billion referring to the contingent payment (earnout) related to the oil barrel price for the 2024 fiscal year. ... Continue Reading →
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