June 9 (Reuters) - U.S. oil major Exxon Mobil on Tuesday reported $4.67 billion in profit from its Guyana operations in 2025, slightly lower than the previous year when oil prices were weaker. Exxon leads the consortium that produces all of Guyana's oil output and currently produces more than 900,000 barrels per day from the country.... Continue Reading →
Venezuela comeback faces Guyana oil challenge
June 8 (oilnow.gy) Going back to Venezuela might be a stretch for big oil with other more attractive places nearby like Guyana. That was the assessment from Texas-based energy attorney Ted Borrego in an S&P Global article published May 20, as analysts weighed whether Venezuela’s planned debt restructuring could eventually reopen the door to major... Continue Reading →
Ecovix and Gerdau complete decommissioning of the P-32 platform, Brazil’s first green recycling project
June 7 - The Rio Grande Shipyard, owned by Ecovix, completed this week the decommissioning of the P-32 platform in its dry dock. The first green dismantling in Brazil was concluded, involving hundreds of workers who worked on the maritime unit, which weighed more than 44,000 tons. Acquired at auction by Gerdau in July 2023,... Continue Reading →
DNV advises lenders on financial close of USD 650 million green hydrogen fertilizer project in Paraguay
Asunción, Paraguay - June 3, 2026 – DNV, the independent energy expert and assurance provider, acted as lender technical advisor for the Villeta green hydrogen-based fertilizer project in Paraguay, supporting a group of international lenders through technical due diligence and contributing to the project reaching financial close. The project is being developed by ATOME. The... Continue Reading →
Brava Energia Production Data May 2026
June 4 - BRAVA ENERGIA S.A. (“Brava” or “Company”) (B3: BRAV3), informs its investors and the market in general of the preliminary and unaudited production data for the month of May 2026. Potiguar – The Company has been gradually resuming operations at the facilities that were suspended in October 2025 following an audit conducted by the... Continue Reading →
South America’s stealthy ascent to key crude oil swing supplier
By Gavin Maguire June 3 (Reuters) - While oil markets fixate on the disruptions to Middle East exports and surging U.S. supply in 2026, South America is quietly emerging as a key new source of global crude flows. Led by Brazil, Guyana and Venezuela, the region has delivered the largest increase in oil exports of... Continue Reading →
PRIO May 2026 Operational Data
June 3, 2026 - PRIO S.A. (“Company” or “PRIO”) (B3: PRIO3), following best practices incorporate governance and transparency, informs its preliminary and non-audited Operational Data for the month of May. Key: (1) Production at the Valente cluster was impacted by the need for replacement of a gas lift line at Frade, leading to a temporary... Continue Reading →
Brazil registered another record in oil and gas production in April, with 5.640 million barrels of oil equivalent per day (boe/d)
June 3 - Brazil registered a record in oil and gas production in April, with 5.640 million barrels of oil equivalent per day (boe/d). The data was released by the ANP in the Monthly Bulletin of Oil and Natural Gas Production. The previous record was registered last month (March 2026), when 5.531 million barrels of... Continue Reading →
Wheat, trash, and sweet potatoes: Brazilian ethanol is a smorgasbord of raw materials
Brazil, June 3 (Reuters) - The cars navigating Brazil's crowded streets currently powered by sugarcane or corn-based ethanol could before long run on a cornucopia of fuels made from grains, tubers and other exotic feedstocks. A new wave of biofuel innovation is sweeping the nation, with developers in unexpected corners of the country's farm sector... Continue Reading →
BlackRock’s Atlas freezes $1 billion in Brazil renewables investments
June 3 (Reuters) - Atlas Renewable Energy, one of South America's largest clean power generators, has put plans for $1 billion in new investments in Brazil on hold as the national grid operator has periodically rejected renewable power, CEO Carlos Barrera said. Atlas - owned by BlackRock unit Global Infrastructure Partners - had planned the projects... Continue Reading →