Dec. 1 - BRAVA ENERGIA S.A. (“BRAVA” or “Company”) (B3: BRAV3), pursuant to CVM Resolution No. 44, and, following the Material Fact disclosed on September 18, 2025, hereby informs its investors and the market in general that, on December 1, 2025, the Company’s Level I American Depositary Receipts program (“ADR” and “ADR Program,” respectively) was... Continue Reading →
Gunvor managers buy out CEO Tornqvist as company seeks ‘definitive reset’
Dec 1 (Reuters) - Global commodity trading house Gunvor's CEO Torbjorn Tornqvist will step down and sell his shareholding in a management buyout, weeks after the U.S. dubbed the firm the "Kremlin's puppet" over its past Russian links. The firm said on Monday that Americas head Gary Pedersen, hired by the company last year, will... Continue Reading →
DNV Boosts Offshore Wind and Renewables Team
Dec. 1 (OE) DNV Inspection has appointed two new specialists to support its expanding offshore wind and low-carbon energy business as global demand rises for assurance and inspection services across renewables, the company said on Thursday. Iván Jaramillo González has joined as project manager to lead offshore wind inspection activities across multiple regions and the... Continue Reading →
Petrobras cuts dividend, investment projections in new five-year business plan
Nov 27 (Reuters) - Brazilian state-run oil firm Petrobras has lowered its dividend forecast and cut expected investments by almost 2% in a new five-year business plan announced Thursday, as it grapples with lower crude prices. Petrobras expects to dole out between $45 billion and $50 billion during the 2026-2030 period in ordinary dividends, a... Continue Reading →
Petrobras approves Business Plan 2026-2030
November 27, 2025 – Petróleo Brasileiro S.A. – Petrobras announces that its Board of Directors approved, during a meeting held today, the Business Plan 2026-2030 (BP 2026-30). In BP 2026-30, Petrobras maintains the strategies defined in the Strategic Plan 2050 (SP 2050) and reaffirms its vision of being the best diversified and integrated energy company... Continue Reading →
Petrobras investment to drop in first cut under Brazil’s Lula
Nov 26 (Reuters) - Brazilian state-run oil firm Petrobras' five-year investment plan will see its first cut under President Luiz Inacio Lula da Silva's government due to lower oil prices, three sources familiar with the matter told Reuters. The new plan, to be unveiled on Thursday, is set to have a capital expenditure about 2%... Continue Reading →
MODEC Forms Dedicated Mooring Solutions Unit
Nov. 17 (OE) MODEC has outlined plans merge its wholly owned subsidiaries MODEC America and SOFEC from the start of 2026, bringing SOFEC fully into the group as a new Mooring Solutions Business Unit. SOFEC, known for its permanent mooring systems and fluid transfer technologies, will continue to supply SOFEC-branded mooring systems to clients across... Continue Reading →
Petrobras informs about shareholder remuneration
November 6, 2025 – Petrobras informs that its Board of Directors (CA), in a meeting held today, approved the payment of interim dividends in the amount of R$ 12.16 billion, equivalent to R$ 0.94320755 per common and preferred share in circulation, as an anticipation of the remuneration to shareholders related to the fiscal year 2025,... Continue Reading →
Orsted Has No Plans to Merge with Equinor’s Renewables Unit
Nov. 5 (Reuters) Danish offshore wind giant Orsted said on Wednesday that it had no plans to take over the renewables business of Equinor, its second biggest shareholder, which has proposed closer ties between the companies. Norwegian oil, gas and renewables group Equinor, which took a 10% stake in Orsted last year and injected close to $1... Continue Reading →
EnerMech strengthens Americas operations with multi-year strategic investment and leadership expansion
Nov. 4 - EnerMech has embarked on a multi-year, high-value investment program across its Americas operations, reinforcing its long-term commitment to the region and its people. This strategic outlay reflects the company’s confidence in the market despite global headwinds, as it continues to build a future-ready business anchored in local capability, leadership and talent. The enhancement plan encompasses equipment, people and facilities across... Continue Reading →