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Sept. 17 - BRAVA ENERGIA S.A. ("Brava" or the "Company") (B3: BRAV3), pursuant to CVM Resolution No. 44 and further to the Material Fact disclosed on February 10, 2025, hereby informs its investors and the market in general of the termination of the transaction for the sale of 11 onshore oil and gas concessions located... Continue Reading →
Sept. 17 - Petrobras informs that its wholly-owned subsidiary Petrobras Netherlands B.V. (PNBV) has signed, with the Republic of Côte d’Ivoire and PETROCI Holding, Production Sharing Contracts (PSCs) for eight offshore exploration blocks located in the Republic of Côte d’Ivoire. The PSCs cover the offshore blocks CI-513, CI-600, CI-601, CI-602, CI-603, CI-605, CI-701 and CI-702. Petrobras, through PNBV,... Continue Reading →
Sept 16 (Reuters) - Wind farm developer Vineyard Wind said on Wednesday it had resolved a legal dispute arising from turbine supplier GE Vernova's effort to walk away from its $4.5 billion project in New England over claims it was owed more than $300 million. As part of a settlement, GE Vernova said it had... Continue Reading →
Sept. 16 (OE) Çan2 Termik's subsidiary Minerosol Group has signed a 20-year operating and production agreement with Venezuela's PDVSA for the CEMA (Petrokariña) oil field, with a planned investment budget of $381.7 million over the contract period. The agreement grants exclusive rights and includes the right to an additional 20-year extension subject to approval. The... Continue Reading →
Sept. 14 (oilprice.com) Argentina’s state-controlled energy company YPF is close to signing several LNG sales agreements for its planned Argentina LNG project as it races toward a final investment decision later this year. YPF CEO Horacio Marín said at the Gastech conference in Bangkok that the company expects to sign two or three LNG contracts... Continue Reading →
Sept. 11 (OE) SED Energy Holdings and Ventura Offshore have signed a letter of intent for an all-share combination that would create an energy services group with about $1.3 billion in contracted revenue backlog and an implied pro forma equity value of approximately $1 billion. Under the proposed transaction, SED Energy Holdings would acquire 100%... Continue Reading →
Sept. 8 (Reuters) - Argentina's government said on Monday it will file criminal charges against energy company Navitas Petroleum and its executives for operating in the Falkland Islands. The move follows remarks on Friday by Argentine President Javier Milei, who vowed to sanction oil companies drilling in the British overseas territory as he stepped up... Continue Reading →
Sept 5 (Reuters) - The billionaire who helped broker the Trump administration’s sweeping long-term oil deal with Venezuela was until recently a target of U.S. money-laundering investigations involving funds embezzled from the state-owned oil company PDVSA. Now, after assisting U.S. authorities ahead of the capture of authoritarian leader Nicolas Maduro, Alejandro Betancourt is Washington’s key... Continue Reading →
Sept 4 (Reuters) - The U.S. government structured its 35% position in a Venezuelan oil venture as warrants that protect Washington's stake from being weakened by fresh raises of capital, a U.S. official said. Speaking on Thursday about the deal announced last week by President Donald Trump, the official said the Pentagon structured the stake... Continue Reading →
Sept 4 (Reuters) - Italian oil company Eni has improved its chances of recovering more than $2.3 billion owed by Venezuela with the signing this week of a new oil project deal in the country, analysts said on Friday. After nearly three decades in Venezuela, Eni has accumulated those receivables from state-owned oil group PDVSA. As Washington and... Continue Reading →
