First large-scale purchase of Halo-Connect nodes to support seismic exploration in Colombia

Sept. 2 - Colombian geophysical services company Vector Geophysical has acquired 30,000 STRYDE Halo-Connect ground-based seismic nodes along with a Nimble receiver system, significantly expanding its capacity to execute high-density seismic surveys in Colombia. The agreement marks STRYDE's first large-scale order for Halo-Connect since the launch of the next generation of its miniaturized seismic node... Continue Reading →

September 3, 2026 0

Iran Creates Oil Bonanza for the Americas

Sept. 2 (Reuters opinion by Ron Bousso) From Canada to Argentina, oil producers across the Americas have enjoyed a windfall during the Iran war by capturing market share lost by Middle Eastern exporters. The renewed focus on energy security globally could transform this emergency response into a lasting structural change. Oil production in the Americas... Continue Reading →

September 2, 2026 0

Colombian oil service firms move into Venezuela amid deal announcements, trade group says

Aug 31 (Reuters) - Colombian firms handling oil services and goods are moving into Venezuela to work in the sector, following announcements of reactivation and new exploration and ‌production contracts, a trade group leader said on Monday. The move comes as President Donald Trump announced that the United States had secured majority control over some... Continue Reading →

September 1, 2026 0

Experts, lawyers puzzled over US-Venezuela oil deal, call for contract transparency

Aug 31 (Reuters) - A massive long-term oil deal expected to grant the U.S. access to a fifth of Venezuela's crude reserves has energy experts and lawyers questioning its legality and eventual execution, while calling on both governments for contract transparency. The unprecedented pact, announced by U.S. ‌President Donald Trump on Friday and confirmed by Venezuela's interim... Continue Reading →

August 31, 2026 0

U.S. In Talks To Take Direct Ownership Of Venezuelan Oil Fields

Aug. 27 (oilprice.com) The Trump administration is reportedly in active discussions with Venezuela’s interim government to acquire a direct U.S. ownership stake in key Venezuelan oil fields. According to senior U.S. officials cited by Axios, the talks involve equity stakes in a select group of high-yield fields containing approximately 90 billion barrels of proven crude—a transaction... Continue Reading →

August 28, 2026 0

SLB, Formentera working to activate drilling rigs in Venezuela, executives say

Aug 19 (Reuters) - Oil service provider SLB and private equity firm ‌Formentera Partners are working to either reactivate oil rigs in Venezuela or import additional rigs into the country in the coming months, executives from both firms said on Wednesday during a conference in Houston. Energy-focused Formentera is in discussions with international service providers to... Continue Reading →

August 20, 2026 0

Ecopetrol takes Brava Energia under its wing in $1.2 billion Brazil expansion move

Aug. 18 (offshore-energy.biz) Ecopetrol Investimentos do Brasil, a wholly owned subsidiary of Colombia’s state-owned oil and gas company Ecopetrol, has broadened its presence in Brazil’s energy sector by acquiring a controlling stake in local oil and gas producer Brava Energia. In a step that strengthens its growth platform in Brazil, Ecopetrol has completed the acquisition of a... Continue Reading →

August 18, 2026 0

Billionaire Peter Thiel buys 1% stake in Argentine Vaca Muerta oil firm, filing shows

Aug 17 (Reuters) - Palantir chair and co-founder Peter Thiel has bought a 1% stake in Argentina's Vista, one of the largest oil companies operating in the country's Vaca Muerta ‌shale formation, according to a U.S. Securities and Exchange Commission filing. The filing, published on Friday, comes four months after the tech billionaire met with... Continue Reading →

August 17, 2026 0

Colombia Revives Oil And Gas After Four-Year Renewable Energy Push

Aug. 13 (oilprice.com) Over the past couple of years, Colombia’s clean energy transition has shifted into overdrive under President Gustavo Petro’s "Just Energy Transition" agenda, with the country pivoting away from fossil fuels towards wind and solar energy. Petro, Colombia’s first ever left-wing president, instituted a strict ban on signing new oil, gas and coal exploration contracts... Continue Reading →

August 13, 2026 0

Argentina’s YPF reports $1.21 billion second quarter net profit

Aug 10 (Reuters) - Argentina's state oil firm YPF on Monday reported a net profit of $1.21 billion in the second quarter of 2026, compared with $58 million ‌seen a year earlier, citing higher shale production, record processing levels and a hike in international prices. The state-run producer's revenues reached $6.57 billion during the April-to-June... Continue Reading →

August 11, 2026 0

Category: Onshore