Singapore, 23 February 2026 – Seatrium Limited (“Seatrium”, or the “Group”) wishes toannounce a series of additional divestments, as well as update on an earlier transaction, aspart of its ongoing efforts to rationalise non-core assets, streamline operations, and drivelong-term value for shareholders. Alongside recent divestments of the AmFELS yard in Texas and the GNL Platform... Continue Reading →
Brazil’s Petrobras to look into Venezuela opportunities, says head of E&P
Feb 20 (Reuters) - Brazil's state-run oil firm Petrobras will look into opportunities in neighboring Venezuela, said the head of Exploration and Production Sylvia Anjos in an interview with newspaper O Globo on Friday. Venezuela has "great potential", but investing in the country is risky, said Anjos, adding that producing in the oil-polluted Lake Maracaibo would put Petrobras'... Continue Reading →
Petrobras informs about the monetary update of shareholder remuneration related to 3Q25
February 12, 2026 – Petróleo Brasileiro S.A. – Petrobras, following up on the Material Fact published on 11/06/2025 and the Communication published on 12/11/2025, informs that it will pay on 02/20/2026 the first installment of shareholder remuneration referring to the anticipation of compensation related to the 2025 fiscal year, declared in accordance with the balance... Continue Reading →
BP Profit Climbs 32% as Company Suspends Buybacks
Feb. 10 (Reuters) BP posted quarterly profit in line with analyst expectations on Tuesday and suspended its share buyback programme as it wrote down around $4 billion in its renewables and biogas businesses. BP, whose new CEO Meg O'Neill will start in April, said it would allocate the excess cash to invest in oil and... Continue Reading →
Transocean to Acquire Valaris for $5.8B
Feb. 9 (Reuters) Oilfield services firm Transocean said on Monday it will acquire peer Valaris in an all-stock deal valued at $5.8 billion, expanding its exposure across deepwater, harsh-environment and shallow-water basins worldwide. Transocean shares were down 4% at $5.16, while Valaris shares were up 14.6% at $71.61 in premarket trade. Oilfield service providers have... Continue Reading →
With refining spin off, Galp focuses on growing upstream in Brazil, Namibia
Jan 20 (Reuters) - Portuguese energy firm Galp will focus on growing its upstream business from oilfields in Brazil and Namibia and may list parts of its newly formed downstream business in a couple of years, its co-chief executive Joao Diogo Marques da Silva told Reuters on Tuesday. The company said earlier this month it was in... Continue Reading →
PXGEO Appoints New Technical and Operations Chiefs
Jan. 14 - Marine seismic company PXGEO has appointed two senior executives to strengthen its leadership team and support operational performance across its global operations. Bob Nouh has been named technical solutions director and senior vice president, while Carlos Cubeddu has joined the company as operations director and senior vice president. Nouh brings nearly 30... Continue Reading →
Brava Energy: Resignation and Succession of CEO
Jan. 12 - BRAVA ENERGIA S.A. (“Brava” or “Company”) (B3: BRAV3), pursuant to CVM Resolution No. 44, hereby informs its investors and the market in general that, at a meeting held on January 9, 2026, the Board of Directors received, in accordance with the previously planned succession process, the resignation of Mr. Décio Oddone from... Continue Reading →
Large Brazilian union accepts Petrobras counteroffer, suspends strike
Dec 30 (Reuters) - Brazilian union Sindipetro-NF, one of the largest representing Petrobras workers, accepted on Tuesday a counteroffer from the state-run oil company for a labor deal, suspending a strike launched earlier this month. Sindipetro-NF was the only one among more than ten unions affiliated with FUP, an umbrella organization for oil workers, that remained... Continue Reading →
Brazil labor court orders 80% of Petrobras workforce to stay in place
Dec 29 (Reuters) - Brazil's Superior Labor Court ruled staffing levels to remain at 80% at all Petrobras facilities in Brazil as negotiations between workers at the state-run oil company drag on amid a prolonged strike. In a statement from the court, the ruling made on Saturday also bars worker unions from blocking the transportation of... Continue Reading →