April 23 - BRAVA ENERGIA S.A. (“BRAVA” or “Company”) (B3: BRAV3), in accordance with CVM Resolution No. 44, informs its investors and the market in general that it received a letter from Ecopetrol S.A., a mixed capital company linked to the Ministry of Mines and Energy of the Republic of Colombia, headquartered in Bogotá, D.C.,... Continue Reading →
Deepwater’s Playbook for Delivering Growth
April 23 (OE) Deepwater production continues to remain a core part of the long-term energy supply mix. While production from conventional onshore and shallow-water assets is expected to remain broadly flat under our base case, Welligence estimates that global deepwater oil production will grow from its current level of around 8 million bbl/d to close... Continue Reading →
Tight Supply Drives Surge in High-End AHTS Dayrates
April 23 (OE) With one year since the last AHTS report, we have now started to see the effects of a tightening supply-demand balance as earlier predicted, which has translated into a significant uptick in the North Sea spot market especially. The total global AHTS fleet totals just south of 1,700 vessels, of which roughly... Continue Reading →
Weatherford says oilfield activity in Mexico has normalized, company getting paid
April 22 (Reuters) - U.S. oilfield services firm Weatherford International (WFRD.O), opens new tab said on Wednesday that oilfield activity in Mexico has normalized and it was starting to get paid after a new financial mechanism helped raise funds for state-run energy company Pemex to pay its suppliers after long delays. Oilfield service companies had significantly reduced... 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 →
Halliburton flags higher costs from Iran war as first-quarter profit tops estimates
April 22 (Reuters) - U.S. oilfield services provider Halliburton warned disruptions caused by the Iran war and the closure of the Strait of Hormuz could cut current-quarter earnings per share by about 7 to 9 cents after beating first-quarter profit estimates. The Strait of Hormuz is a key global energy chokepoint, and the company said... Continue Reading →
South America now “most consequential” for new oil supply, given Middle East tensions – Rystad Energy
April 22 (oilnow.gy) South America’s upcoming oil developments, including several in Guyana, are gaining increased importance due to recent developments in the Middle East, Norway-based Rystad Energy said in an April 21 analysis. “The Middle East conflict has done more than spike oil prices — it has exposed how dangerously concentrated global supply chains are... Continue Reading →
Brava Energia Dividend Payment
April 20 - BRAVA ENERGIA S.A. (“Brava” or “Company”) (B3: BRAV3), informs to its investors and the market in general that, at the Annual General Meeting held today, the payment of mandatory minimum dividends ("Dividends") relating to the fiscal year ended December 31, 2025, was approved, as follows: The Dividends will be due to those... Continue Reading →
Petrobras participation in a new exploration block in São Tomé and Príncipe
Rio de Janeiro, April 17, 2026 - Petróleo Brasileiro S.A. – Petrobras announces that it has signed an agreement to acquire an interest and assume operatorship of Block 3, offshore São Tomé and Príncipe, Africa, from Oranto Petroleum Limited (Oranto). The current consortium is composed of Oranto, the current operator with a 90% interest, and... Continue Reading →
Colombian offshore project Sirius over halfway through prior consultations
April 16 (Reuters) - The Sirius offshore gas project in the Colombian Caribbean has completed more than half of its 120 required prior consultations, the head of Petrobras Colombia said on Thursday. The project is a joint venture between Brazil's Petrobras, which serves as operator with a 44.4% stake, and Colombia's state-run Ecopetrol, which holds... Continue Reading →