Petrobras Awards Fugro Four Multi-Year Contracts

Petrobras has announced tender results awarding Fugro four significant multi-year contracts for the inspection and monitoring of critical subsea infrastructure in Brazil.  The contracts, once signed, will commence in the fourth quarter of 2025 and span four years with potential one-year extensions. Each of the four day-rate contracts is assigned to a dedicated vessel—two operated... Continue Reading →

Brava Energia signs sale agreement with Petroreconcavo for gas midstream asset in Rio Grande do Norte

BRAVA ENERGIA S.A. (“BRAVA” or the “Company”) (B3: BRAV3), pursuant to CVM Resolution No. 44, hereby informs its investors and the market in general that, on this date, it has entered into an Asset Purchase and Sale Agreement (the “Agreement”) with PETRORECONCAVO S.A. (“PetroReconcavo”), regarding the sale of 50% of (i) the Natural Gas Processing... Continue Reading →

Colombia seeks to join China-based development bank as Latin America drifts away from Washington

(AP) — Colombia's government has applied to join a China-based development bank, another sign of Latin America's drift away from the U.S. as the Trump administration's foreign aid cuts, trade barriers and crackdown on immigration spurs many leaders in the region to seek closer ties with Washington's geopolitical rival. Colombian President Gustavo Petro wrapped up a visit to China this... Continue Reading →

Brazil’s Renewable Energy Revolution

By Haley Zaremba for Oilprice.com Nearly 90% of Brazil's electricity comes from renewables, making it a prime location for energy-intensive AI infrastructure. Amazon, Microsoft, and other tech giants are investing billions in Brazilian data centers powered by clean energy. Brazil aims to prove that a renewable-focused energy grid can sustain large-scale AI growth, challenging the... Continue Reading →

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