BRAVA ENERGIA S.A. (“BRAVA” or “Company”) (B3: BRAV3), pursuant to CVM Resolution No. 44, and following the Material Fact disclosed on May 5, 2025, informs its investors and the market in general that the Asset Purchase and Sale transaction (“Agreement”) with PETRORECONCAVO S.A. (“PetroReconcavo”), regarding the sale of 50% of the gas midstream infrastructure in... Continue Reading →
Carlos Slim Doubles Down on Pemex With $2B Drilling Deal
Sept. 30 (oilprice) Billionaire Carlos Slim’s Grupo Carso SAB has signed a $1.99 billion contract with state oil company Pemex to drill 32 wells at the Ixachi natural gas field in Veracruz over the next three years. The Ixachi field, one of Mexico’s most important onshore deposits, currently produces about 93,000 barrels of oil and... Continue Reading →
Equatorial Guinea to open its 2026 oil and gas licensing round in April
Sept 29 (Reuters) - Equatorial Guinea will open a new oil and gas licensing round in April to boost exploration and counter dwindling oil output, its minister of hydrocarbons and mining development Antonio Oburu Ondo said on Monday. "This ronda (licensing round) will be launched in the second quarter of 2026 right after the details... Continue Reading →
Petrobras and Its Partners Launch the Largest Onshore Wind Turbine
Sept. 24 (Zack's) Petrobras PBR, in collaboration with WEG SA and Norway’s Statkraft AS, has launched the most powerful onshore wind turbine ever installed in Brazil. Located in Bahia state, this 7-megawatt (“MW”) turbine marks a transformative moment for renewable energy in the region and sets a new benchmark for the country’s wind power sector. Strategic... Continue Reading →
ANP Expects R$17Billion in Investments from the Extension of Round Zero Onshore Contracts
The Brazilian oil and gas sector is expected to receive approximately R$17 billion in new onshore investments from the extension of contracts for 139 onshore oil and natural gas production fields originated in Round Zero. This figure was released by the National Petroleum Agency (ANP). The so-called Round Zero was held in 1998, following the... Continue Reading →
ANP Approves Inclusion of 275 New Blocks in the Permanent Concession Offer
Sept. 23 (TN) The ANP Board of Directors approved the inclusion of 275 new blocks and five areas with marginal accumulations in the Permanent Concession Offer (OPC) notice, located in the Campos, Ceará, Espírito Santo, Parnaíba, Potiguar, Recôncavo, Santos, São Francisco, Tacutu, and Tucano Sul basins. The new version of the notice, including the approved... Continue Reading →
Canada Readies for Offshore Wind
Sept. 21 (OE) Sean Fraser, Canada’s Minister responsible for the Atlantic Canada Opportunities Agency, has announced that strategic direction has been given to the Canada–Nova Scotia Offshore Energy Regulator as a next step toward realizing Canada’s first-ever offshore wind project. Fraser made the announcement on behalf of Tim Hodgson, Canada’s Minister of Energy and Natural... Continue Reading →
Exclusive: Ecopetrol to beat 2025 drilling goal, may best output target, executive says
Sept 18 (Reuters) - Colombian state-run energy company Ecopetrol is set to exceed its 2025 goal of drilling 10 oil wells by between 20% and 40%, the company's vice president for hydrocarbons, Rafael Guzman, said on Thursday. The company drilled six wells in the first half of the year, two of which were successful, it has said. "I think... Continue Reading →
Petrobras approves pilot project to capture and store 100,000 tons of carbon per year
Sept. 18 (TN) Petrobras has approved the construction of the São Tomé CCS Pilot Project in Macaé, Rio de Janeiro, a strategic initiative to achieve the carbon neutrality goal by 2050. This is the first CCS (Carbon Capture and Storage) pilot project in Brazil, with infrastructure that allows for the complete integration of CO₂ capture,... Continue Reading →
FairWind appoints first Regional Head of Service for Southern Europe, South America & South Africa
Sept. 9 - FairWind, a global leader in wind turbine installation and service solutions, has appointed Aitor Diaz de Lezana Fernández to the newly created role of Regional Head of Service for Southern Europe, South America & South Africa (SESA). Mr Diaz de Lezana Fernández brings more than 19 years’ experience in the wind sector,... Continue Reading →