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April 13 (offshore-energy.biz) Jumbo Offshore, part of the Jumbo Group, and CoreMarine have been tasked with the transport and installation of the soft-yoke (SSY) mooring systems and hook-up of two floating liquefied natural gas (FLNG) vessels in Argentina’s Golfo San Matías. CoreMarine and Jumbo Offshore’s assignment in Argentina is for both the FLNG Hilli Episeyo and the FLNG... Continue Reading →
April 13 (Reuters) - Chevron is expected to sign agreements on Monday to return a gas field to Venezuela and participate in an extra heavy crude area in the country's main oil region, while Shell is set to sign a pact to receive the Loran gas field for operation, three sources close to the preparations said. The... Continue Reading →
April 13 (Reuters) - Baker Hughes said on Monday it will sell its unit, Waygate Technologies, to Sweden-based Hexagon ( for about $1.45 billion in cash, as the oilfield services provider reorganizes its business to focus on high-growth areas. The deal is part of Baker Hughes' efforts to reshape its business by shedding non-core assets and shifting focus... Continue Reading →
April 10 (Reuters) - Vineyard Wind has filed a lawsuit seeking to block a wind turbine-supplying unit of GE Vernova from terminating agreements and abandoning work on a $4.5 billion offshore wind farm in Massachusetts on the eve of completion. Vineyard Wind, a joint venture between Spain's Iberdrola and Denmark's Copenhagen Infrastructure Partners, filed a lawsuit this week in... Continue Reading →
April 10 (Reuters) - Brazil's ethanol makers are ready to raise output if the government hikes the legal mix of anhydrous ethanol blended with gasoline from 30% to 32% this year, industry figures said, adding that production is heading towards a record. Brazil's government wants to raise the ethanol blend to 32% in the first... Continue Reading →
April 9 (Reuters) - Energy producer Shell plans to begin natural gas output in 2027 from the Loran-Manatee offshore field, which crosses the border of Venezuela and Trinidad and Tobago the chairman of Trinidad's National Gas Company, Gerald Ramdeen, told Reuters on Thursday. Shell is moving to accelerate gas projects in Venezuela under interim President Delcy... Continue Reading →
April 9 (Reuters) - The Middle East war is giving fresh momentum to Europe's push for energy independence and bolstering the case for offshore wind farm developments, the CEO of Denmark's Orsted said on Thursday. Europe, a major importer of fossil fuels, has seen energy prices soar in recent weeks as the U.S.-Israeli war on Iran, and Teheran's blockage of shipments through... Continue Reading →
April 9 (Reuters) - Chevron said on Thursday it expected first-quarter upstream earnings to rise between $1.6 billion and $2.2 billion from the previous quarter, fueled by higher oil prices due to the Iran war, though an impact from hedging could weigh on results. The U.S. oil major said timing effects tied to hedging and accounting were... Continue Reading →
April 9 - BRAVA ENERGIA S.A. (“Brava” or “Company”) (B3: BRAV3), informs its investors and the market in general of the preliminary and unaudited production data for the month of March 2026. Atlanta – Production was impacted by a targeted intervention carried out on one of the pumps operating within the asset. Potiguar – The... Continue Reading →
April 9 (Reuters) China imported a record volume of oil from Brazil in March, boosting Brazilian exports of the commodity to the second highest level in the historical series, amid a reorganization of global energy flows following disruptions in the Middle East. The Asian country bought 1.6 million barrels per day (bpd) of Brazilian oil... Continue Reading →
Brazil Energy Insight 