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May 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 April. Key: (1) At the Valente cluster, the third producing well in the Wahoo field began production on April 6. The fourth well is expected to... Continue Reading →
May 4, 2026 – Petróleo Brasileiro S.A. - Petrobras announces that it has been notified by the National Agency of Petroleum, Natural Gas and Biofuels (ANP) on April 30, 2026, regarding the approval of the Production Individualization Agreements (AIP) for the Berbigão Shared Reservoir in Zone BVE-ITP/RJS-656 (Sururu) and the Zone BVE-ITD/RJS-697 of Berbigão (Berbigão),... Continue Reading →
May 4 - Brazil broke a record for oil and natural gas production in March, with 5.531 million barrels of oil equivalent per day (boe/d). The data was released May 4th by the ANP in its Monthly Oil and Natural Gas Production Bulletin. The previous record was in February 2026. Regarding oil, 4.247 million barrels... Continue Reading →
May 4 (Reuters) - When potential providers and financiers for Venezuela's electric industry, including Siemens Energy and GE Vernova, held meetings with officials in Caracas in April, questions of how they might get paid to shore up the country's deteriorated grid were top of mind, two sources involved in the talks said. Those executives came away... Continue Reading →
Rio de Janeiro, May 1, 2026 – Petróleo Brasileiro S.A. – Petrobras announces that the P-79 platform, located in the pre-salt layer of the Santos Basin, began production today, ahead of the date scheduled in Business Plan 2026–2030 (BP 26–30). As the eighth platform in the Búzios field, with a capacity of 180 thousand barrels of... Continue Reading →
April 30 (Reuters) - Mexico's Pemex reported a 45.99 billion peso ($2.6 billion) quarterly loss, as the state energy company failed to profit from a global oil price surge triggered by international conflict. The United States' war with Iran has lifted crude oil prices worldwide to a four-year high. Pemex is constrained by high debt, and has... Continue Reading →
April 30 (Reuters) - Mexican President Claudia Sheinbaum said on Thursday she expects state oil firm Pemex (PEMX.UL) and its Brazilian counterpart Petrobras to reach an agreement, after Brazil's president pitched a partnership earlier this year. Sheinbaum told her regular morning press conference she would travel to Brazil to sign a deal with President Luiz Inacio... Continue Reading →
April 30 (oilnow.gy) Staatsolie will host an in-person roadshow in Houston on May 26, 2026, to present Suriname’s Open-Door Offering to oil and gas companies. The event will run from 9 a.m. to noon CDT at The Post Oak Hotel at Uptown, 1600 W Loop S, Houston, Texas. Staatsolie said in an April 28 LinkedIn... Continue Reading →
April 30 (oilnow.gy) ExxonMobil Guyana has awarded the Noble Developer a one-well contract at a day rate of US$375,000 to drill a prospect in the Stabroek Block offshore Guyana. The contract is scheduled to commence in early 2027. ExxonMobil Guyana said it contracted the rig “to drill a prospect in the shallow water portion of... Continue Reading →
April 29 (OE) Italy’s Eni has signed an agreement with Venezuela’s Ministry of Hydrocarbons and state oil company PDVSA to relaunch oil activities at the Junin-5 project in the Orinoco Belt. The agreement was signed following a meeting in Caracas between Eni Chief Executive Claudio Descalzi and Acting President Delcy Rodriguez. Junin-5 is a heavy... Continue Reading →
Brazil Energy Insight 