August 4, 2026 – PRIO S.A. (“Company” or “PRIO”) (B3: PRIO3) announces its earnings for the second quarter of 2026. HIGHLIGHTS OF THE PERIOD Click here for the Earnings Release.
Without AI’s Invisible Layer, the Liberalization of Brazil’s Electricity Market Doesn’t Add Up – Guest Contribution
*By Gustavo Karman, Chief Product Officer (CPO) at Lead Energy Aug. 5 - The opening of Brazil’s Free Energy Market marks a new phase for the electricity sector, characterized by scale, pressure for efficiency, and the need for deep digital transformation. The expansion of the free market environment to smaller consumers requires a structural shift... Continue Reading →
PRIO July 2026 Operational Data
August 4, 2026 - PRIO S.A. (“Company” or “PRIO”) (B3: PRIO3), following best practices incorporate governance and transparency, informs its preliminary and non-audited Operational Data for the month of July. Key: (1) At the Frade field, the gas lift line replacement was completed on July 19, restoring production from the three wells that had been... Continue Reading →
Petrobras halts studies for $1 billion gas pipeline in Brazil amid regulatory uncertainty, sources say
Aug 4 (Reuters) - Brazil's Petrobras is reassessing a major natural gas infrastructure investment in Brazil amid regulatory uncertainty surrounding a proposed government program that could also impact a project by Norway's Equino, sources told Reuters. The proposal led Petrobras to halt studies for a planned $1 billion gas pipeline linked to its deep waters project... Continue Reading →
FPSO to push Guyana oil production past 1 million bpd weeks away from arriving
The Errea Wittu floating production, storage and offloading (FPSO) vessel is currently in West African water on its voyage to Guyana’s Stabroek Block, vessel tracking data shows. Marine Traffic placed the FPSO in the region after it departed Singapore in June. Separate automatic identification system data published by VesselFinder provides an estimated arrival date of August... Continue Reading →
BP’s Profit Tops $5 Billion as Oil Prices Surge
Aug. 4 (Reuters) BP's second-quarter profit more than doubled to $5.73 billion on higher oil and gas prices and strong refining margins, it reported on Tuesday, as CEO Meg O'Neill outlined the energy group's priorities. Oil majors have benefited this year from market volatility caused by the U.S.-Iran conflict, which has disrupted energy flows and... Continue Reading →
ExxonMobil sees ninth Guyana FPSO mirroring Longtail development
Aug. 3 (oilnow.gy) ExxonMobil is evaluating a ninth floating production, storage and offloading vessel for Guyana that could mirror the development concept being advanced for Longtail, Chairman and Chief Executive Officer Darren Woods said during the company’s second-quarter 2026 earnings call on July 31. Woods said the company sees an opportunity to use what it is... Continue Reading →
Suriname’s $26 Billion Oil Bet Is Finally Paying Off
Aug. 3 (oilprice.com) Middle East turmoil, centered on the U.S. war with Iran, is playing havoc with world energy markets. An ongoing dispute over access to the Strait of Hormuz, through which a fifth of world oil and natural gas supply is shipped, is causing prices to surge. This is a boon for South America's oil industry,... Continue Reading →
ANP releases Brazil consolidated oil and gas production data for June 2026
Aug. 3 - In June 2026, Brazil produced 5.842 million barrels of oil equivalent per day (boe/d) of oil and natural gas. The data was released today (August 3) by the ANP in the Monthly Oil and Natural Gas Production Bulletin. Regarding oil, 4.475 million barrels per day (bbl/d) were extracted, an increase of 4%... Continue Reading →
Dominion Targets End-2027 Completion for Virginia Offshore Wind Farm
Aug. 3 (OE)Dominion Energy has updated the construction schedule for its 2.6 GW Coastal Virginia Offshore Wind (CVOW) project, with installation of the 176th and final wind turbine now expected by the end of 2027, while reporting the project was approximately 81% complete as of July 31. Construction has continued to advance across the project's... Continue Reading →