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May 21 (oilnow.gy) Guyana’s Natural Resource Fund (NRF) surpassed the US$4 billion mark for the first time at the end of April 2026, supported by high crude prices and stable offshore crude production. According to the April report for the NRF, the fund closed the month with a balance of approximately US$4.1 billion (GY$856 billion).... Continue Reading →
May 21 (oilnow.gy) The Guyana government and Viridien/CGG Services will commence geotechnical and seismic survey operations within offshore Block S4, which was licensed last year to a TotalEnergies-led group. Guyana’s Maritime Administration Department (MARAD) announced the survey in notices. The notices, dated May 18, 2026, said the work will take place within Guyana’s Exclusive Economic... Continue Reading →
May 20 (OE) Cadeler has reported higher first-quarter revenue and earnings, supported by expanded offshore wind installation activity following growth in its operating fleet. The Danish offshore wind vessel operator posted revenue $145.2 million (€125 million) for the first quarter of 2026, up from $75.5 million (€65 million) in the same period last year, while EBITDA rose... Continue Reading →
May 20 (OE) BW Energy has made final investment decisions (FID) for the Bourdon development in the Dussafu license offshore Gabon and a new infill drilling campaign in the Golfinho license offshore Brazil, targeting combined 2P reserves of 68 million barrels of oil equivalent. The company said the two projects are expected to increase net... Continue Reading →
May 18 (Reuters) - Omnia, the data center platform of Brazil's Patria Investments, has signed a $2 billion, 20-year energy supply agreement with renewable generator Casa dos Ventos to power a data center it is building for TikTok-owner ByteDance, the companies told Reuters. The data center, located at the Pecem port complex in the northeastern... Continue Reading →
May 18 (Reuters) - U.S. power companies NextEra Energy and Dominion Energy announced a plan to merge on Monday in a $66.8 billion deal that will form one of the world's largest electric utilities during an expansion of energy-intensive data centers to support artificial intelligence. The all-stock transaction, which is pending regulatory approvals, is one... Continue Reading →
May 15 - Petrobras has decided to develop the Aram discovery in the pre-salt layer of the Santos Basin, said Petrobras president Magda Chambriard this Friday (15). The company expects to have at least two producing wells by 2030, said the executive, in a press conference to discuss the company's investments in the state of... Continue Reading →
May 14 (splash) The Crown Estate has launched a third round of its Supply Chain Accelerator, making an additional £15m ($20.3m) in early‑stage development funding available to support UK offshore wind supply chain businesses and projects. The programme, first established in 2024 with a £50m pool, is now entering its third and final funding round,... Continue Reading →
Rio de Janeiro, May 14, 2026 – Petróleo Brasileiro S.A. – Petrobras, following up on the Material Fact published on 03/05/2026 and the Communication on 04/16/2026, informs that it will carry out, on 05/20/2026, the payment of the first installment of remuneration to shareholders related to the fourth quarter of 2025, with the shareholder position... Continue Reading →
May 13 (Reuters) - Argentina's economy ministry has approved Transportadora de Gas del Sur's application to enter the RIGI large-investment incentive scheme for a $550 million expansion of the Perito Moreno gas pipeline, the company said on Wednesday. The approval covers a project to expand Section I of the pipeline and add 14 million cubic meters... Continue Reading →
Brazil Energy Insight 