April 27 (Reuters) - Oilfield service companies that for years kept rigs and specialized equipment stored in Venezuela have begun removing them from warehouses for assembly and repair as the government advances a review of oil and gas contracts that could lead to fresh activity, four sources involved in the preparations said. Since a sweeping reform of... Continue Reading →
Colombia’s Oil Industry Eyes Comeback as $100 Crude Revives Investment Case
April 27 (oilprice.com) A shock oil price spike, after U.S. airstrikes on Iran, which sees Brent trading at over $100 per barrel, is giving hope of a recovery for Colombia’s beleaguered oil patch. Hydrocarbon production in the conflict-riven country is at multi-year lows, with adverse regulatory and tax reforms impacting investment in the economically critical sector. Nonetheless, higher oil... Continue Reading →
Venezuela’s Orinoco Belt is an Environmental Nightmare
April 22 (oilprice.com) U.S. intervention in Venezuela, with illegitimate President Nicolas Maduro snatched in a daring January 2026 night raid, opened the country's oil industry to foreign investment. While President Donald Trump is aggressively pushing for Big Oil to invest in Venezuela, energy majors are taking a more sober approach. Venezuela's heavily corroded oil infrastructure, responsible for a nationwide... Continue Reading →
Brava Energia Reserves Certification Reports
April 16 - BRAVA ENERGIA S.A. (“BRAVA” or “Company”) (B3: BRAV3), pursuant to CVM Resolution No. 44, hereby informs its investors and the market in general of the disclosure of the Company’s Reserves Certification Reports, with a reference date of December 31, 2025 (“Certification 2026”), prepared by the independent specialized consultancies DeGolyer and MacNaughton and... Continue Reading →
Brazil’s Proven Oil Reserves Grew 3.84% in 2025
April 10 (ANP) The ANP (National Agency of Petroleum, Natural Gas and Biofuels) released today (April 10th) the Annual Resources and Reserves Bulletin (BAR) 2025. The publication provides consolidated information on Brazilian oil and natural gas reserves declared by companies operating exploration and production areas last year. In 2025, there was a 3.84% increase in... Continue Reading →
Brava Energia Production Data March 2026
April 9 - 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 March 2026. Atlanta – Production was impacted by a targeted intervention carried out on one of the pumps operating within the asset. Potiguar – The... Continue Reading →
Brazil February 2026 Oil & Gas Production Breaks Record with 5.304 mm boed/d.
April 2 (ANP) Brazil broke its record for oil and natural gas production in February, with 5.304 million barrels of oil equivalent per day (boe/d). The previous record was set in October 2025, with 5.255 million boe/d. There were also records in separate oil and gas production. The data was released today (April 1st) by... Continue Reading →
Oil, gas exploration is back: Energy giants hunt to replenish reserves
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 →
Equinor Strengthens Energy Portfolio in Brazil
March 24 (TN) Equinor has acquired the 230 MW Esquina do Vento onshore wind farm complex from Vestas, which is ready for construction. With this investment, Equinor expands its broad energy offering in Brazil, further strengthening its portfolio for long-term growth in one of the company's key markets. The complex, which will have 51 turbines,... Continue Reading →
Bolivia eyes fresh partnership with Brazil’s Petrobras under new energy regulations
March 17 (Reuters) - Bolivian President Rodrigo Paz said on Tuesday that his country wanted to restart a relationship with Brazilian state oil firm Petrobras (PETR3.SA), opens new tab under new, clearer energy regulations. Paz said his government was working to quickly update the regulations to make them fair for Bolivia and foreign investors, and that its... Continue Reading →