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Aug. 7 (offshoreWIND.biz) RWE and the US Department of the Interior (DOI) have reached a settlement agreement under which RWE will relinquish its offshore wind leases in the New York Bight and off the coasts of California and Louisiana in exchange for USD 1.22 billion (around EUR 1.06 billion) in settlement funds. The agreement resolves... Continue Reading →
Aug. 7 (oilprice.com) BP’s Bumerangue discovery is more than another giant Brazilian oil find: it could become the project that keeps both BP’s upstream portfolio and Brazil’s production boom alive well into the 2030s. With an estimated 2.5 billion barrels potentially recoverable and peak output that could reach 600,000 b/d, the ultra-deepwater development is large enough to... Continue Reading →
Rio de Janeiro, August 06, 2026 – Petróleo Brasileiro S.A. - Petrobras, pursuant to CVM Resolution No. 44/21, informs that its Board of Directors, in a meeting held today, approved the payment of shareholder remuneration in the amount of R$ 17.4 billion, equivalent to R$ 1.34814262 per outstanding common and preferred share, as an anticipation... Continue Reading →
Rio de Janeiro, Aug 06, 2026 “The operational records we achieved in this second quarter led to one of Petrobras’ highest quarterly financial results in our time series. The increase in oil and oil products output, alongside higher Brent prices, strengthened our cash generation." Fernando Melgarejo, Chief Financial and Investor Relations Officer ... Continue Reading →
Aug. 6 (PN) The Raia project, operated by Equinor in the Campos Basin pre-salt, has reached new milestones in its development phase. The company completed the installation of a 186-kilometer ultra-deepwater section of the gas pipeline that will connect the field to the coast of Rio de Janeiro, using pipes manufactured by Tenaris with 99%... Continue Reading →
Aug. 6 (OE) Dutch floating production specialist SBM Offshore raised its 2026 outlook for the second time this year on Thursday after strong contract activity and the sale of its One Guyana vessel helped lift first-half revenue, sending its shares up more than 7%. The company, which builds, leases and operates floating production, storage and... Continue Reading →
Rio de Janeiro, August 5, 2026 – Brava Energia (“Brava” or “Company”) (B3: BRAV3) hereby discloses its results for the second quarter of 2026 (“2Q26”): 2Q26 HIGHLIGHTS AND SUBSEQUENT EVENTSProgress across all business fronts Operational highlights Average quarterly production of 81.7 kboe/d in 2Q26, +8% Q/Q. Atlanta: production +4% Q/Q, reflecting the operational adjustments implemented throughout... Continue Reading →
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 →
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.
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 →
Brazil Energy Insight 