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April 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 of the disclosure of the Company’s Reserves Certification Reports, with a reference date of December 31, 2025 (“Certification 2026”), prepared by the independent specialized consultancies DeGolyer and MacNaughton and... Continue Reading →
April 10 (ANP) The ANP (National Agency of Petroleum, Natural Gas and Biofuels) released today (April 10th) the Annual Resources and Reserves Bulletin (BAR) 2025. The publication provides consolidated information on Brazilian oil and natural gas reserves declared by companies operating exploration and production areas last year. In 2025, there was a 3.84% increase in... Continue Reading →
March 27 (Reuters) - Global energy companies are getting back to basics and focusing on the hunt for new sources of oil and gas, executives declared at the CERAWeek conference in Houston this week, ending years of underinvestment in exploration. In recent years, the shale revolution in the U.S. promised abundant, flexible supply, while growth... Continue Reading →
March 16 (oilnow.gy) Deepwater oil and gas development will remain a major driver of global supply, with Brazil and Guyana expected to underpin production growth, according to discussions at a recent Deepwater Development Conference in Lisbon, Portugal. The conference, organized by World Oil and Gulf Energy Information, opened on March 10 with an operator panel,... Continue Reading →
March 11 - PRIO S.A. (“Company” or “PRIO) informs to its shareholders and the market in general that it has published a new reserve certification report, prepared by DeGolyer & MacNaughton (“D&M”), dated January 1, 2026, which includes the reserves of the Polvo and TBMT (Bravo) cluster, Frade and Wahoo (Valente) cluster, the Albacora Leste field and the Peregrino field. Summary of reserves:... Continue Reading →
Feb. 25 (oilnow.gy) The Ministry of Natural Resources late Tuesday said Guyana’s oil reserves remain at about 11 billion barrels, rejecting claims that updated figures were being withheld from the public. The statement responds to a February 24, 2026 article by Kaieteur News headlined, “ExxonMobil reports growth in oil reserves to shareholders.” The ministry said the... Continue Reading →
Feb. 23 - Africa and South America are expected to lead high-impact exploratory drilling in 2026, with a forecast of 19 and 15 wells, respectively, according to the consulting firm Westwood Global Energy Group. In Brazil, the highlights are the Tupinambá well, from BP, and the Morpho well, from Petrobras. In total, the company estimates... Continue Reading →
Feb. 10 - Petrobras' total oil and natural gas production exceeded the upper limit of its target by 2.8 percentage points (+4%), reaching 2.99 million barrels of oil equivalent per day (boed), representing an 11% increase compared to 2024 production. In 2025, Petrobras achieved its best result in the last ten years by adding 1.7... Continue Reading →
Feb 9 (Reuters) - Shell needs an acquisition or exploration breakthrough to make up for an expected production shortage of 350,000-800,000 barrels of oil equivalent per day by 2035 due to maturing fields unable to meet its output targets, the company and analysts say. For years, oil majors have been restrained in topping up reserves,... Continue Reading →
Jan. 29 (oilnow.gy) ExxonMobil Guyana averaged 892,000 barrels per day (b/d) of crude oil production in December 2025 across its four producing developments in the Stabroek Block, according to newly released government data. Production by project was 130,000 b/d at Liza 1, 244,000 b/d at Liza 2, 256,000 b/d at Payara, and 262,000 b/d at... Continue Reading →
Brazil Energy Insight 