Petrobras Requests Authorization to Include Constellation Drilling Rig in Exploration of the Foz do Amazonas Basin

May 1 - Petrobras has requested authorization from IBAMA (Brazilian Institute of Environment and Renewable Natural Resources) to use the Amaralina Star (NS-43) drillship, owned by Constellation, in exploratory activities in block FZA-M-59, in the Foz do Amazonas Basin. This measure aims to increase operational flexibility in the Equatorial Margin, allowing for optimized resource allocation... Continue Reading →

May 1, 2026 0

Brazil plans hike in ethanol mix in gasoline to 32% as Lula flags biodiesel blend rise

April 30 (Reuters) - Brazil will announce an increase in the mandatory ethanol mix ‌in gasoline to 32% from 30% in the coming days, President Luiz Inacio Lula da Silva said on Thursday, ⁠also noting that the biodiesel blend is set to be raised to 16% from 15%. The Energy and Mines Ministry had previously... Continue Reading →

May 1, 2026 0

Vessel Sector Deep Dive: WTIVs

The changing global bottom-fixed offshore wind turbine and foundation installation market May 1 (OE) The last two or three years have seen a change in the underlying stakeholder support for the energy transition, resulting in the energy trilemma being focused more on energy security and affordability than transition, which means a pivot away from renewables... Continue Reading →

May 1, 2026 0

Virginia Governor Enacts Offshore Wind Workforce Bill Into Law

April 30 (offshoreWIND.biz) Virginia Governor Abigail Spanberger has signed House Bill 67 (HB67), which introduces a measure focused on assessing workforce and training needs for the offshore wind sector and aligning workforce development efforts with its specific demands. The bill, which passed both the Virginia House of Delegates and the State Senate in March, requires the... Continue Reading →

April 30, 2026 0

Massachusetts Activates Vineyard Wind Contracts, Locking in 20-Year Pricing

April 30 (offshoreWIND.biz) The State of Massachusetts has activated long-term contracts for the Vineyard Wind 1 offshore wind farm, securing fixed electricity pricing for 20 years and projected customer savings of USD 1.4 billion (around EUR 1.2 billion) over that period, according to the state government. The contracts, announced on 27 April by the Healey-Driscoll... Continue Reading →

April 30, 2026 0

Staatsolie to take Suriname offshore licensing pitch to Houston

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, 2026 0

Eni Signs Deal with Venezuela to Relaunch Junin-5 Heavy Oil Project

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 →

April 29, 2026 0

UAE leaves OPEC and OPEC+ in major blow to global oil producers’ group

April 28 (Reuters) - The United Arab Emirates said on Tuesday it was quitting oil-producers' group OPEC, as an unprecedented energy crisis triggered by the Iran war exposes discord among Gulf nations. The loss of the UAE, a longstanding OPEC member, could create disarray and weaken the group, which has ‌usually sought to show a united front... Continue Reading →

April 28, 2026 0

US to end more offshore wind leases in exchange for fossil fuel investments

April 27 (Reuters) - President Donald Trump's administration said on Monday that it had reached a deal to end two more ‌U.S. offshore wind leases in exchange for $885 million in pledged investments in domestic fossil fuels. The projects, one in the Atlantic and one in the Pacific, are managed by Ocean Winds, a joint... Continue Reading →

April 28, 2026 0

Petrobras Expands Its Presence in the Campos Basin with the Acquisition of Part of the Argonauta Ring-Fence

April 27, 2026 – Petróleo Brasileiro S.A. – Petrobras announces that it has entered into an agreement to acquire 100% of a portion of the ring-fence of the Argonauta Field (BC-10 Concession) in the Campos Basin, currently held by Shell (Shell Brasil Petróleo Ltda.), ONGC (ONGC Campos Ltda.), and Brava (Enauta Petróleo e Gás Ltda.).The... Continue Reading →

April 28, 2026 0

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Category: Regulatory

Petrobras Requests Authorization to Include Constellation Drilling Rig in Exploration of the Foz do Amazonas Basin

Brazil plans hike in ethanol mix in gasoline to 32% as Lula flags biodiesel blend rise

Vessel Sector Deep Dive: WTIVs

Virginia Governor Enacts Offshore Wind Workforce Bill Into Law

Massachusetts Activates Vineyard Wind Contracts, Locking in 20-Year Pricing

Staatsolie to take Suriname offshore licensing pitch to Houston

Eni Signs Deal with Venezuela to Relaunch Junin-5 Heavy Oil Project

UAE leaves OPEC and OPEC+ in major blow to global oil producers’ group

US to end more offshore wind leases in exchange for fossil fuel investments

Petrobras Expands Its Presence in the Campos Basin with the Acquisition of Part of the Argonauta Ring-Fence

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