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April 6 (TN) A study analyzing data from thousands of Brazilian municipalities identified regions with the greatest potential for the production and use of green hydrogen – a fuel considered strategic for the decarbonization of emission-intensive industrial sectors. The research shows that the country has favorable conditions for developing this new energy chain, but also... Continue Reading →
April 2 (TN) Vast Infraestrutura carried out the first ExxonMobil oil transshipment operation in Brazil, moving one million barrels from the Bacalhau Field to Vast's Oil Terminal (T-Oil), in the Porto do Açu, in the north of the state of Rio de Janeiro, destined for the international market. The operation involved two Suezmax class tankers... Continue Reading →
April 1 (Reuters) - Shell is in advanced talks with Venezuela's government to develop four large areas near Trinidad and Tobago, in two of the South American country's largest offshore natural gas fields, two people familiar with the discussions said. The London-based energy major has been trying for years to advance the 4.2-trillion-cubic-feet Dragon gas field... Continue Reading →
March 31 (oilnow.gy) The GranMorgu offshore project has entered full subsea build-out mode, with multiple subsea Christmas Trees (XTs) completed, according to a March 30 update by TotalEnergies Suriname General Manager Artur Nunes da Silva. The project recorded its first XT completion in December 2025. Since then, progress has accelerated. Nunes da Silva said, “We... Continue Reading →
March 31 (CNN) The president of Shell Brazil, Cristiano Costa, reported that the company surpassed the production of 500,000 barrels of oil equivalent per day (boed) on March 24th, producing 502,200 barrels of oil equivalent per day (boed). The executive highlighted the production of assets such as Parque das Conchas (BC-10), in the Campos Basin,... Continue Reading →
March 29 (ANCAP) On March 25, new companies formally joined Areas OFF-2 and OFF-7, operated by Shell, within the framework of the existing hydrocarbon exploration and production contracts. QatarEnergy entered Areas OFF-2 and OFF-7, while Chevron also joined Area OFF-7, as non-operating partners in all cases. As a result, in Area OFF-2, Shell now holds... Continue Reading →
March 30 (oilnow.gy) ExxonMobil Guyana is advancing plans for its next development offshore Guyana, with the Haimara discovery expected to serve as the anchor for the project in the southeast section of the Stabroek Block. Company President Alistair Routledge said at a recent press briefing that the development concept for that area groups discoveries from Longtail through... Continue Reading →
March 30 (oilnow.gy) Crude oil production offshore Guyana averaged about 918,000 barrels per day (b/d) in February 2026, reflecting continued gains from optimization work across ExxonMobil’s Stabroek Block developments. Government data shows that approximately 25.7 million barrels were produced during the month across four projects. Output was distributed as follows: Liza 1: 129,000 b/d Liza... Continue Reading →
March 27 (Reuters) - Global energy companies are getting back to basics and focusing on the hunt for new sources of oil and gas, executives declared at the CERAWeek conference in Houston this week, ending years of underinvestment in exploration. In recent years, the shale revolution in the U.S. promised abundant, flexible supply, while growth... Continue Reading →
March 26 (Reuters) - The world will not be able to reach carbon neutrality by 2050 as outlined in the Paris Agreement, French oil major TotalEnergies said on Thursday, and the company will have to adapt its own climate ambitions as a result. Total had previously said it had an ambition to be carbon neutral... Continue Reading →
Brazil Energy Insight 