Jan. 7 (OE) Artificial intelligence (AI) contributed savings and value creation of about $130 million for Equinor and its partners in 2025, as the Norwegian firm expanded the use of AI across offshore platforms and onshore facilities. The company uses artificial intelligence to support industrial operations at scale, improving safety, efficiency and profitability, as it... Continue Reading →
U.S. crude imports from Guyana rose to record levels in 2025
Jan. 7 (oilnow.gy) U.S. net imports of crude oil from Guyana rose to record levels in 2025, supported by rising offshore production and growing demand from U.S. refiners, according to data from the U.S. Energy Information Administration (EIA). Based on EIA data for the first 10 months of the year, U.S. net imports from Guyana... Continue Reading →
Brava Energia: Production Data December 2025 & 4Q25
BRAVA ENERGIA S.A. (“BRAVA” or “Company”) (B3: BRAV3) informs its investors and the market in general of the preliminary and unaudited production data for the month of December 2025. The Company ended 2025 with an average production of 81,3 kboe/d, a 46% increase when compared to the previous year, with Papa-Terra and Atlanta standing out,... Continue Reading →
Norway’s Equinor does not plan return to Venezuela, CEO says
Jan 7 (Reuters) - Equinor does not plan a return to Venezuela, after leaving the country in the early part of this decade, the Norwegian oil and gas company's CEO told Reuters on Wednesday. "At the moment, that's not on the table," Anders Opedal said on the sidelines of a business conference. "We pulled out of... Continue Reading →
Uaru positions Guyana as runner-up in biggest new field race, production to start at 136,000 b/d – S&P
Jan. 6 (oilnow.gy) Guyana is set to rank second among the world’s largest new oil field start-ups in 2026, with first production from the Uaru field expected to begin in July at nearly 136,000 barrels per day (b/d), according to S&P Global Energy CERA on January 5. “Eight of the world’s largest oil field developments... Continue Reading →
‘No disruption’ to Guyana’s offshore operations amid Venezuela tension
Jan. 6 (oilnow.gy) Guyana’s Minister of Natural Resources, Vickram Bharrat, has assured that offshore oil and gas exploration activities continue without a hitch. The assurance comes amid heightened geopolitical tensions in the region following the capture of Venezuelan President Nicolás Maduro by U.S. military forces over the weekend. Bharrat confirmed to OilNOW on January 4... Continue Reading →
PRIO – December 2025 Operational Data
January 5, 2026 - PRIO S.A. (“Company” or “PRIO”) (B3: PRIO3), following best practices incorporate governance and transparency, informs its preliminary and non-audited Operational Data for the month of December. Key: (1) The figures refers to PRIO’s 80% stake in Peregrino, considering production throughout the month. As the closing of the acquisition of the additional... Continue Reading →
Jereh Group Delivers Oil Separation Systems for Petrobras’ FPSO Units
Jan. 6 (OE) Chinese multinational oilfield equipment and services provider Jereh Group has delivered slop treatment units and oil purifiers to CIMC Raffles for Petrobras’ P84 and P85 floating production storage and offloading (FPSO) units, bound for deployment at the Atapu and Sépia fields, off Brazil. The equipment will support slop water and oil separation... Continue Reading →
Chevron Delivers First Oil from New Platform Offshore Angola
Jan. 6 (OE) Chevron has delivered first oil from its South N’dola platform offshore Angola, marking a major project milestone just over two years after construction began. Located in Block 0, which accounts for around 12% of Angola’s daily energy output, the new platform connects to existing infrastructure via a tieback to the Mafumeira facility,... Continue Reading →
What’s the status of international oil companies in Venezuela after Maduro’s capture?
Jan 5 (Reuters) - Here are key facts about international oil companies in Venezuela, a country with the world's largest oil reserves thrown into crisis by the capture of President Nicolas Maduro by U.S. forces. In the 2000s, former President Hugo Chávez expropriated assets from several foreign oil companies, strengthening state-owned PDVSA’s control over the country's oilfields. Today, foreign... Continue Reading →