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Jan. 28 (TN) The Government of Sergipe, through the State Secretariat for Economic Development and Science and Technology (Sedetec), continues to closely monitor the progress of the ‘Sergipe Deepwater’ project (Seap), after the National Agency of Petroleum, Natural Gas and Biofuels (ANP) approved the development plan for deepwater fields in the state. The decision was... Continue Reading →
Jan 28 (Reuters) - Shell and BP are seeking U.S. licenses to extract natural gas from fields in Trinidad and Tobago and Venezuela, the Caribbean country's energy minister Roodal Moonilal said on Wednesday. Trinidad is Latin America's largest liquefied natural gas exporter and one of the world's largest exporters of ammonia and methanol, but the Caribbean island... Continue Reading →
Jan. 24 (oilprice.com) Venezuela is often described as sitting atop the largest oil reserves on Earth. Officially, the country reports more than 300 billion barrels of proven oil—more than Saudi Arabia. To many readers, that figure implies vast, untapped wealth waiting only for political change to unlock it. But Venezuela did not become the world’s... Continue Reading →
Jan. 23 (oilnow.gy) A consortium led by TotalEnergies completed payment of a US$15 million signing bonus to Guyana in December for offshore exploration rights to Block S4, according to a report published in the December 30 Official Gazette. The group, which includes QatarEnergy and Petronas, secured Block S4 in Guyana’s first offshore licensing round, which closed... Continue Reading →
Jan. 23 (eixos) The first ANP board meeting of 2026, scheduled for January 26th, has on its agenda the evaluation of the development plan for the Sergipe Deepwater project presented by Petrobras. Approval of the plan is one of the final steps to unlock one of the largest natural gas production projects planned for Brazil... Continue Reading →
Jan. 23 (offshoreWIND.biz) Wind turbine installation on Dominion Energy’s 2.6 GW Coastal Virginia Offshore Wind (CVOW) has started with the first of the project’s 176 Siemens Gamesa 14 MW wind turbines currently being erected. Virginia-based broadcaster WAVY reported on 21 January that a wind turbine tower was being installed at the CVOW site, next to the two... Continue Reading →
Jan 16 (Reuters) - Oil executives and lawyers for international oil companies are lobbying the U.S. and Venezuelan governments for changes in the OPEC member's hydrocarbon law that would give them the right to freely export the oil they produce in Venezuela, sources involved in the talks said. As the administration of U.S. President Donald... Continue Reading →
Jan 16 (Reuters) - A federal judge on Friday cleared U.S. power company Dominion Energy to resume work on its Virginia offshore wind project, the third legal blow this week to President Donald Trump's anti-offshore wind agenda. Judge Jamar Walker of the U.S. District Court for the Eastern District of Virginia issued an order that allows... Continue Reading →
Jan. 16 - BRAVA ENERGIA S.A. (“Brava” or “Company”) (B3: BRAV3), pursuant to CVM Resolution No. 44, hereby informs its investors and the market in general that, on January 15, 2026, it has entered into an agreement for the acquisition of the entire 50% equity interest currently held by PETRONAS Petróleo Brasil Ltda. (“PPBL”) in... Continue Reading →
Jan 15 (Reuters) - Several European partners of Venezuela's state-run oil company PDVSA, including Spain's Repsol, Italy's ENI and France's Maurel & Prom, have applied for U.S. licenses or authorizations to export oil from the OPEC country, six industry sources told Reuters. The requested terms are similar to those granted by Washington in past years,... Continue Reading →
Brazil Energy Insight 