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April 10 (Reuters) ConocoPhillips said on Thursday it is sending a small evaluation team to Venezuela this week to evaluate oil and gas opportunities. The U.S. oil producer left the South American country in 2007 after its assets there were nationalized. The company is owed about $12 billion with interest following arbitration awards stemming from... Continue Reading →
April 9, 2026 – Petróleo Brasileiro S.A. – Petrobras, following up on the announcement made on March 16, 2026, announces that it signed contracts today with Petronas Petróleo Brasil Ltda. for the acquisition of 50% interests in the Tartaruga Verde and Espadarte – Module III fields, located in the Campos Basin. Upon completion of the... Continue Reading →
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 →
April 9 (Reuters) China imported a record volume of oil from Brazil in March, boosting Brazilian exports of the commodity to the second highest level in the historical series, amid a reorganization of global energy flows following disruptions in the Middle East. The Asian country bought 1.6 million barrels per day (bpd) of Brazilian oil... Continue Reading →
April 9 (oilprice.com) The latest global oil shock has created an ideal environment for Suriname’s struggling oil boom. The impoverished South American country of less than seven hundred thousand is endeavoring to launch a transformative oil boom. Poor drilling results, a high gas-to-oil ratio, and conflicting seismic data saw Suriname’s oil boom put on hold during 2022. There are,... Continue Reading →
April 9 (Reuters) A Brazilian federal court has issued an injunction exempting TotalEnergies, Repsol Sinopec, Galp's Petrogal, Shell and Equinor from a tax on crude oil exports, a court document seen by Reuters shows. The Tuesday decision says a 12% tax enacted about a month ago as oil prices spiked due to the U.S.-Israeli war... Continue Reading →
April 8 (OE) SLB has signed an agreement between Petronas Suriname, a subsidiary of Petronas and Subsea Integration Alliance, comprising SLB OneSubsea and Subsea7. The partnership aims to unlock resources in Suriname’s emerging frontier basin through innovative and cost-effective subsea solutions. The agreement establishes a long-term framework for collaboration across the project lifecycle. This approach... Continue Reading →
April 6 (oilnow.gy) Grenada is preparing to invite bids for offshore exploration licenses by the fourth quarter of 2026, as it positions itself for entry into the upstream hydrocarbons sector. “Grenada is open for business and working toward awarding licenses in fourth quarter of 2026, inviting interested parties to submit bids for exploration licenses,” said... Continue Reading →
April 6 (OE) Offshore drilling contractor Valaris has secured a multi-year contract extension with Petrobras offshore Brazil and entered into a strategic collaboration agreement with Petronas and Halliburton for offshore development in Suriname. The company said the drillship VALARIS DS-4 was awarded a 1,064-day contract extension with Petrobras, expected to begin in November 2027 in... Continue Reading →
April 6 (agenciabrasil) The next auction of pre-salt oil exploration blocks will offer 23 areas, the National Agency of Petroleum, Natural Gas and Biofuels (ANP), the sector's regulatory body, announced this Monday (6). The confirmation was made through an update to the Permanent Production Sharing Offer (OPP) notice. Eight blocks were already included in the... Continue Reading →
Brazil Energy Insight 