Oct. 2 (TN) The ANP Board of Directors approved (Oct 2) the delimitation of 11 new exploratory sectors in the Brazilian Equatorial Margin—within an area incorporated into the Brazilian Continental Shelf—and the configuration of 501 new exploratory blocks within these sectors. The decision updates the region's territorial organization following the extension of the Brazilian Continental... Continue Reading →
Petrobras makes new oil discovery in Ultra-Deep Waters off the Coast of Amapá
Oct. 2 - Petrobras has found another oil-bearing interval in the Morpho well (1-BRSA-1405-APS), which constitutes a new discovery in block FZA-M-59, located in ultra-deep waters off the coast of the state of Amapá, at a water depth of 2,886 meters. The continued drilling of the well, following the discovery announced in August 2026, was... Continue Reading →
TotalEnergies to invest $10 billion in Argentina, CEO Pouyanne says
Oct 1 (Reuters) - French oil company TotalEnergies plans to invest $10 billion in Argentina, Chief Executive Patrick Pouyanne said on Thursday at a conference in Paris. The investment will be spread across different projects, including the drilling of new wells in Tierra del Fuego and an expansion of its gas production in Neuquen. "We... Continue Reading →
Venezuela and Colombia must reopen gas pipeline, association says
Sept 30 (Reuters) - A gas pipeline connecting neighbors Venezuela and Colombia that has remained idle in recent years needs to be repaired and reopened as soon as possible, the head of Colombia's gas association Naturgas, Luz Stella Murgas, said on Wednesday. The infrastructure is increasingly seen as essential to help Colombia reduce a natural... Continue Reading →
EPE estimates potential of 1 trillion cubic meters of natural gas in the Pelotas Basin
Sept. 30 (PN) The Pelotas Basin, located in the Brazilian southern region, may hold approximately 1 trillion cubic meters of recoverable natural gas, according to a preliminary estimate by the Energy Research Office (EPE). The assessment also indicates a volume of approximately 3.4 billion barrels of recoverable oil. In total, the study estimates 17.9 billion... Continue Reading →
Oil executives worried over lack of essential element for Venezuela expansion: power
Sept 30 (Reuters) - Executives gathered in Caracas this week for the first large energy conference since Washington launched a $100 billion reconstruction effort for Venezuela's oil industry are warning about slow progress to clear the biggest obstacle for their expansion projects: unreliable power. With an unresolved electricity deficit of more than 1,500 megawatts (MW),... Continue Reading →
Petrobras Platform P-80 (Búzios 9) Begins Journey to Brazil
Sept. 30 - The P-80 platform departed the Tuas Boulevard Yard in Singapore on Wednesday ( (September 30th), bound for the Búzios field in the pre-salt Santos Basin, Brazil’s largest field in terms of reserves and production. With the capacity to produce 225,000 barrels of oil and process 12 million cubic meters of gas per... Continue Reading →
Brazil briefed French, German officials on alleged US, Russian election interference
Sept 30 (Reuters) - A French and German delegation travelled this month to Brasilia, where intelligence officials briefed them on alleged US and Russian interference before Brazil's election, according to sources and documents seen by Reuters. Officials from Abin, Brazil's spy agency, "confirmed the existence of interference from the United States as well as Russia,"... Continue Reading →
Qatar’s UCC Eyes Expansion into Venezuelan Oil and Gas
Sept. 30 (Reuters) Qatari producer UCC Oil and Gas Holding is in talks for its possible entrance into new fields in Venezuela, the company's head of Upstream, Erik Keskula, said on Tuesday at a conference in Caracas. UCC, British BP and XRG, a unit of United Arab Emirates' state company ADNOC, last month were granted... Continue Reading →
Brava Energia: Papa-Terra Field start of production at well PPT-52
Sept.29 - BRAVA ENERGIA S.A. ("Brava" or the "Company") (B3: BRAV3), pursuant to CVM Resolution No. 44, hereby informs its investors and the market in general that it commenced production at well PPT-52 on this date, following authorization from the Brazilian Institute of the Environment and Renewable Natural Resources (“Ibama”). The well is part of... Continue Reading →