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Feb. 19 (offshoreWIND.biz) The US Department of Justice, Environment & Natural Resources Division, filed a Notice of Appeal on 17 February in the case in which a federal judge ruled in favour of 18 states that sued the Trump administration over the sweeping ban on wind energy projects. In May 2025, seventeen US states and the District... Continue Reading →
Feb 19 (Reuters) - The scrapping of the foundation for U.S. federal climate regulations has upended energy investor narratives that have prevailed so far this decade, and is sparking a re-think on which sectors might now win and lose in the U.S. energy space. The repeal of the so-called Endangerment Finding removes the legal basis for federal... Continue Reading →
Feb 19 (Reuters) - In September, a rig used to drill wells in shallow waters completed the long trip from China to Venezuela's oil-producing region of Lake Maracaibo. The passage of the big old rig named Alula just inches below the bridge connecting Maracaibo city with the oilfields of the lake's eastern coast stirred excitement... Continue Reading →
Feb. 18 - BRAVA ENERGIA S.A. (“Brava” or “Company”) (B3: BRAV3), pursuant to CVM Resolution No. 44, and following the Material Facts of May 3, 2024 and May 10, 2024, hereby informs its investors and the market in general that, on February 15, 2026, a procedural order was issued in the arbitration proceedings initiated by... Continue Reading →
Feb 17 (Reuters) - The tiny oil-producing nation of Guyana, already one of the world's fastest-growing economies, has a window of opportunity for more expansion amid ongoing U.S. activity in neighboring Venezuela, geopolitical and oil experts said ahead of the Guyana Energy Conference. That growth potential will take center stage at the four-day event beginning... Continue Reading →
Feb 12 (Reuters) - The administration of President Donald Trump on Thursday plans to announce the repeal of a scientific finding that greenhouse gas emissions endanger human health, removing the legal basis for federal climate regulations. The move represents the most sweeping climate change policy rollback by the administration to date, after a string of... Continue Reading →
February 12, 2026 – Petróleo Brasileiro S.A. - Petrobras, further to the release disclosed on December 15, 2025, informs that, at a meeting held on February 11, 2026, its Board of Directors, considering a potential transaction (“Transaction”) involving the transfer of shares of Braskem S.A. held by NSP Investimentos S.A., a subsidiary of Novonor, to... Continue Reading →
Feb. 11 (Reuters) The U.S. Treasury Department on Tuesday issued a general license to facilitate the exploration and production of oil and gas in Venezuela, a long-awaited step that could help increase output in the country. Washington has relaxed sanctions on Venezuela's energy industry since U.S. forces captured President Nicolas Maduro in early January. It... Continue Reading →
Feb. 10 - Seatrium, through its wholly owned subsidiary Jurong Shipyard, has started arbitration proceedings against Petrobras Netherlands in connection with a legacy contract for the conversion of the P-54 floating production, storage and offloading vessel (FPSO). The dispute relates to a settlement agreement reached in 2008 following amendments to the original 2004 contract. Under... Continue Reading →
Feb 8 (Reuters) - Namibia will not recognise the purchase of offshore stakes in the Luderitz Basin announced last week by TotalEnergies and Petrobras until the oil companies follow the proper route for approval, government officials said on Sunday. Jonas Mbambo, a spokesperson for the presidency, confirmed that until a formal application is submitted and the prescribed... Continue Reading →
Brazil Energy Insight 