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Jan. 2 (Reuters) - Peru issued an emergency decree late Wednesday approving the reorganization of state-owned oil firm Petroperu, allowing private investment in key company assets. The decree signed by Peru's President José Jerí says the company could be separated into one or more asset blocks, including the state-of-the-art Talara refinery that the company spent... Continue Reading →
Jan 2 (Reuters) - Denmark's Orsted said on Friday it was challenging the U.S. government's suspension of the lease for its Revolution Wind joint venture and would seek a court injunction against the decision to halt its $5 billion offshore wind project. The Trump administration suspended leases on December 22 for five large offshore wind projects that are... Continue Reading →
Dec. 31 (OE) U.K.-based oil and gas firm Harbour Energy has been appointed operator of the Zama oil project offshore Mexico. The appointment was agreed by the Zama partners, including Pemex, Grupo Carso and Talos Energy who will have the option to appoint key personnel into Harbour's project team, and subsequently approved by SENER (Mexico's... Continue Reading →
Dec. 29 (TN) In another modernization process and commitment to the market, Petrobras announces the online auction of two deactivated offshore platforms following a decommissioning plan. Platform P-26 (pictured), located in São João da Barra (RJ), has a starting bid of R$ 1.5 million, while P-19, located in Macaé (RJ), starts at R$ 1.6 million.... Continue Reading →
Dec. 29 (oilnow.gy) Guyana’s total revenues from oil production have climbed to over US$8 billion since output began in December 2019, bolstered by rising production from offshore projects operated by ExxonMobil. Cumulative revenues from oil sales and royalties exceeded US$8.25 billion, according to Bank of Guyana reports, with the milestone reached in October when inflows from crude... Continue Reading →
Dec. 29 (offshoreWIND.biz) Dominion Energy has filed a federal lawsuit challenging the Trump administration’s stop-work order issued on 22 December that directed all major US offshore wind projects under construction to pause while federal agencies review alleged national security risks, AP and US media report. In its complaint filed in the US District Court for the Eastern... Continue Reading →
Dec 24 (Reuters) - Four Democratic governors wrote to U.S. Interior Secretary Doug Burgum on Wednesday to ask the Trump administration to lift its halt on five offshore wind projects on the U.S. East Coast. The Department of the Interior on Monday attributed its suspension of the leases for the projects to national security concerns. However, New York... Continue Reading →
Dec. 23 - Petrobras, following up on the announcement dated December 15, 2025, informs that, in light of the progress in negotiations related to Braskem and in order to expedite the necessary authorization procedures, Shine I Fundo de Investimento em Direitos Creditórios de Responsabilidade Limitada (FIDC) submitted today the potential transaction to Brazil’s Administrative Council for Economic Defense (CADE), with... Continue Reading →
Dec. 23 (PN) Everything is fine with the P-68 floating production, storage and offloading (FPSO) vessel, which has resumed production in the Berbigão field, in the pre-salt layer of the Santos Basin. The unit's operation was suspended last Friday (19th) after a fire broke out in the water treatment unit panel of the platform. Production... Continue Reading →
Dec 23 (Reuters) - Brazilian state-run oil firm Petrobras' Tupi field briefly reached a production pace this week that, if sustained for a full day, would amount to 1 million barrels, three sources familiar with the matter told Reuters. The milestone suggests that the field, once Brazil's largest, is on track to return to output... Continue Reading →
Brazil Energy Insight 