August 4, 2026 – PRIO S.A. (“Company” or “PRIO”) (B3: PRIO3) announces its earnings for the second quarter of 2026. HIGHLIGHTS OF THE PERIOD Click here for the Earnings Release.
PRIO 2Q26 Earnings Release
PRIO July 2026 Operational Data
August 4, 2026 - PRIO S.A. (“Company” or “PRIO”) (B3: PRIO3), following best practices incorporate governance and transparency, informs its preliminary and non-audited Operational Data for the month of July. Key: (1) At the Frade field, the gas lift line replacement was completed on July 19, restoring production from the three wells that had been... Continue Reading →
Petrobras halts studies for $1 billion gas pipeline in Brazil amid regulatory uncertainty, sources say
Aug 4 (Reuters) - Brazil's Petrobras is reassessing a major natural gas infrastructure investment in Brazil amid regulatory uncertainty surrounding a proposed government program that could also impact a project by Norway's Equino, sources told Reuters. The proposal led Petrobras to halt studies for a planned $1 billion gas pipeline linked to its deep waters project... Continue Reading →
FPSO to push Guyana oil production past 1 million bpd weeks away from arriving
The Errea Wittu floating production, storage and offloading (FPSO) vessel is currently in West African water on its voyage to Guyana’s Stabroek Block, vessel tracking data shows. Marine Traffic placed the FPSO in the region after it departed Singapore in June. Separate automatic identification system data published by VesselFinder provides an estimated arrival date of August... Continue Reading →
Exxon exploring Rockhead-1 prospect in Stabroek Block, targeting more oil in Guyana
Aug. 4 (oilnow.gy) The Stena Carron is carrying out exploration drilling at the Rockhead-1 prospect in Guyana’s Stabroek Block. According to a recent notice from the Maritime Administration Department (MARAD), drilling activities will conclude on August 31. “The Rockhead-1 is situated approximately 115.2 nautical miles (213.4 kilometers) off the Coast of Guyana and covers an... Continue Reading →
Valaris Jack Up Wraps Up Well Job for BP Offshore Trinidad Early
Aug. 4 (OE) Valaris has completed a two-well workover and completion campaign for BP offshore Trinidad, with its VALARIS 249 jack-up rig finishing the program nearly 17 days ahead of schedule. The company credited the performance of the VALARIS 249 crew for delivering the campaign safely. "I am extremely proud of the VALARIS 249 team's... Continue Reading →
BP’s Profit Tops $5 Billion as Oil Prices Surge
Aug. 4 (Reuters) BP's second-quarter profit more than doubled to $5.73 billion on higher oil and gas prices and strong refining margins, it reported on Tuesday, as CEO Meg O'Neill outlined the energy group's priorities. Oil majors have benefited this year from market volatility caused by the U.S.-Iran conflict, which has disrupted energy flows and... Continue Reading →
ExxonMobil sees ninth Guyana FPSO mirroring Longtail development
Aug. 3 (oilnow.gy) ExxonMobil is evaluating a ninth floating production, storage and offloading vessel for Guyana that could mirror the development concept being advanced for Longtail, Chairman and Chief Executive Officer Darren Woods said during the company’s second-quarter 2026 earnings call on July 31. Woods said the company sees an opportunity to use what it is... Continue Reading →
AI work identifies four new Guyana discovery opportunities for ExxonMobil
Aug. 2 (oilnow.gy) ExxonMobil has identified four additional potential discovery opportunities in Guyana after applying artificial intelligence to its Stabroek Block exploration data. Senior Vice President and Chief Financial Officer Neil Hansen disclosed the results during ExxonMobil’s second-quarter 2026 earnings call on July 31. The company trained artificial-intelligence models using information gathered from previous discoveries, drilling... Continue Reading →
Suriname’s $26 Billion Oil Bet Is Finally Paying Off
Aug. 3 (oilprice.com) Middle East turmoil, centered on the U.S. war with Iran, is playing havoc with world energy markets. An ongoing dispute over access to the Strait of Hormuz, through which a fifth of world oil and natural gas supply is shipped, is causing prices to surge. This is a boon for South America's oil industry,... Continue Reading →
Brazil Energy Insight 