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April 27 (oilprice.com) A shock oil price spike, after U.S. airstrikes on Iran, which sees Brent trading at over $100 per barrel, is giving hope of a recovery for Colombia’s beleaguered oil patch. Hydrocarbon production in the conflict-riven country is at multi-year lows, with adverse regulatory and tax reforms impacting investment in the economically critical sector. Nonetheless, higher oil... Continue Reading →
April 24 (Reuters) - Brazilian researchers at the Maua Institute of Technology will begin tests to investigate the viability of raising the blend of biodiesel in diesel to 20% in May, Renato Romio, manager of the institute's vehicles division, said on Thursday. Brazil is a powerhouse producer of biofuels from raw materials soy and sugarcane,... Continue Reading →
April 23 (Reuters) - Colombia's state oil firm Ecopetrol has agreed to buy a stake of around 26% in Brazilian energy firm Brava, in a deal that could result in the Colombian company taking a majority control of the Brazilian firm, they said on Thursday. The Colombian state firm expects to launch a public tender... Continue Reading →
April 23, 2026 – Petróleo Brasileiro S.A. - Petrobras, following up on the announcement of April 20, 2026, informs that it has sent a notification to Novonor S.A. – Em Recuperação Judicial (“Novonor”), formally stating its decision not to exercise the Preemptive and Tag Along Rights provided for in the current Braskem S.A. (“Braskem”) Shareholders’ Agreement.... Continue Reading →
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 →
April 23 (offshoreWIND.biz) The European Commission has identified offshore wind repowering as one of the key measures to strengthen energy security and reduce reliance on fossil fuel imports, as part of its newly unveiled AccelerateEU strategy. Announcing the strategy on 22 April, the Commission highlighted the rapid repowering of large renewable assets, including offshore wind farms,... Continue Reading →
April 22 (Reuters) A federal judge on Tuesday blocked President Donald Trump's administration from enforcing a series of permitting policies that wind and solar energy industry groups say have stymied the development of new energy generation projects. Chief U.S. District Judge Denise Casper in Boston issued a preliminary injunction sought by nine advocacy groups and industry trade associations that... Continue Reading →
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 →
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 →
April 16 - Petrobras has completed the interconnection campaign of the Buzios 8 project, a step that enables the first oil from the P-79 platform in the Búzios field, in the Santos Basin. The unit will have the capacity to produce up to 180,000 barrels of oil per day and compress 7.2 million cubic meters... Continue Reading →
Brazil Energy Insight 