June 17 (offshreWIND.biz) The Trump Administration has withdrawn its appeal of a federal court ruling that vacated the section of its January 2025 Presidential Wind Memorandum that halted federal leasing and permitting activities for onshore and offshore wind projects, leaving the court’s decision in place and the wind permitting and leasing freeze overturned. The US... Continue Reading →
Barbados could be sitting on 13 billion barrels of oil, rivaling Guyana’s Stabroek Block
June 15 (oilnow.gy) Barbados’ offshore acreage could hold more than 13 billion barrels of oil in place, based on seismic surveys and technical assessments, as the country advances direct negotiations for exploration licences across 19 offshore blocks. The figure adds scale to the offshore push already being advanced by the Mia Mottley administration. Barbados is seeking... Continue Reading →
Britain Offers Grid Connections to More Than 700 Projects In Energy Investment Push
June 10 (Reuters) Britain has offered grid connections to more than 700 projects, the country's power planning body said on Wednesday, under a reformed allocation system expected to help unlock up to £40 billion in annual clean power investment. The allocations follow recent reforms replacing a "first come, first served" connection system that had led to bottlenecks, said... Continue Reading →
Brava Energia Production Data May 2026
June 4 - 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 May 2026. Potiguar – The Company has been gradually resuming operations at the facilities that were suspended in October 2025 following an audit conducted by the... Continue Reading →
South America’s stealthy ascent to key crude oil swing supplier
By Gavin Maguire June 3 (Reuters) - While oil markets fixate on the disruptions to Middle East exports and surging U.S. supply in 2026, South America is quietly emerging as a key new source of global crude flows. Led by Brazil, Guyana and Venezuela, the region has delivered the largest increase in oil exports of... Continue Reading →
Brazil registered another record in oil and gas production in April, with 5.640 million barrels of oil equivalent per day (boe/d)
June 3 - Brazil registered a record in oil and gas production in April, with 5.640 million barrels of oil equivalent per day (boe/d). The data was released by the ANP in the Monthly Bulletin of Oil and Natural Gas Production. The previous record was registered last month (March 2026), when 5.531 million barrels of... Continue Reading →
Chevron applies for Argentina tax break program with $13.8 billion investment plan
June 2 (Reuters) - Chevron has applied to join Argentina's incentive regime for large investments for a $13.8 billion unconventional oil project in the El Trapial area of Vaca Muerta, the U.S. oil major said on Tuesday, in what would rank among the biggest new bets on the country's shale patch. The filing, which still requires... Continue Reading →
Ecopetrol files tender offer to take control of Brazil’s Brava
May 26 (Reuters) - Colombia's state oil company Ecopetrol launched a tender offer to acquire control of Brava Energia, the Brazilian energy firm said in a securities filing late on Monday. Offer covers 116.1 million common shares at 23 reais per share, a 15.4% premium over Brava's Monday close Deal represents about 25% of Brava's total... Continue Reading →
Staatsolie says investor confidence supported GranMorgu funding deal
May 19, (oilnow.gy) Staatsolie secured more than US$2 billion in financing in 2025 to fund its 20% participation in Suriname’s GranMorgu offshore oil development, according to Managing Director Annand Jagesar. In a message published in the company’s 2025 Annual Report released on May 15, Jagesar said Staatsolie raised US$516 million through the Staatsolie Bond 2025-2033 and secured... Continue Reading →
Brazil’s Omnia, Casa dos Ventos sign $2 billion energy deal for TikTok data center
May 18 (Reuters) - Omnia, the data center platform of Brazil's Patria Investments, has signed a $2 billion, 20-year energy supply agreement with renewable generator Casa dos Ventos to power a data center it is building for TikTok-owner ByteDance, the companies told Reuters. The data center, located at the Pecem port complex in the northeastern... Continue Reading →