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Jan. 5 - In November 2025, Brazil produced 4.921 million barrels of oil equivalent per day (boe/d) of oil and natural gas. The data was released today by the ANP in its Monthly Oil and Natural Gas Production Bulletin. Regarding oil, 3.773 million barrels per day (bbl/d) were extracted, a 6.4% decrease compared to the... Continue Reading →
Jan. 2 (oilprice.com) Argentina, in a surprise development, overtook Colombia to become South America’s fourth-largest oil producer. The country is undergoing a once-in-a-generation unconventional hydrocarbon boom, which began with Buenos Aires nationalizing integrated energy major YPF in 2012. Since then, Argentina’s oil and natural gas output has kept soaring higher, regularly hitting new monthly highs as volumes... Continue Reading →
Dec 24 (Reuters) - Four Democratic governors wrote to U.S. Interior Secretary Doug Burgum on Wednesday to ask the Trump administration to lift its halt on five offshore wind projects on the U.S. East Coast. The Department of the Interior on Monday attributed its suspension of the leases for the projects to national security concerns. However, New York... Continue Reading →
Dec. 18 (oilprice.com) Brazil, Guyana, and Argentina are set to be major drivers of non-OPEC oil supply growth in 2026, accounting for half of the expected 0.8 million barrels per day (b/d) increase in 2026 the U.S. Energy Information Administration has predicted. According to the energy watchdog, Brazil's growth will mainly be driven by new offshore... Continue Reading →
December 16, 2025 – Petróleo Brasileiro S.A. - Petrobras announces that it has entered into an agreement to form a strategic partnership in the onshore renewable energy segment through the acquisition of 49.99% of Lightsource bp's subsidiaries in Brazil. The partnership will be structured as a joint venture, with shared management between Petrobras and Lightsource... Continue Reading →
Dec. 4 - BRAVA ENERGIA S.A. (“BRAVA” or “Company”) (B3: BRAV3), informs its investors and the market in general the preliminary and unaudited production data for the month of November 2025. The company recorded an average production of 70,3 thousand boe/d during the period. The month's result was impacted by scheduled maintenance at Papa-Terra and... Continue Reading →
Dec. 2- Brazilian oil and gas production — including pre-salt, post-salt, and onshore — hit a new record in October, reaching 5.255 million barrels of oil equivalent per day. In total, 4.030 million barrels of oil per day were produced, a 2.9% increase compared to September and a 23.2% increase compared to October 2024. Natural... Continue Reading →
Nov. 14 (Reuters) U.S. private equity firm Carlyle is exploring options to buy Russian oil major Lukoil's LKOH.MM foreign assets, three sources familiar with the situation said. The U.S. has hit Lukoil with sanctions as part of its effort to bring the Kremlin to peace talks over Ukraine, and has blocked Lukoil's attempt to sell... Continue Reading →
Nov 14 (Reuters) - Siemens Energy sees limited synergies between its struggling onshore and better-performing offshore wind units, its CEO said on Friday, reflecting ongoing uncertainty over the future of the loss-making division. Siemens Gamesa, Siemens Energy's wind division that produces both offshore and onshore turbines, is still recovering from a quality crisis two years... Continue Reading →
Nov 13 (Reuters) - Colombia's state oil producer Ecopetrol on Thursday reported a 30% drop in net profit in the third quarter from a year earlier, citing weaker sales volumes and lower crude prices. Net profit landed at 2.56 trillion pesos ($689 million) from 3.65 trillion pesos in the year-ago period, while total sales also fell... Continue Reading →
Brazil Energy Insight 