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(Reuters) - Venezuela's state-run PDVSA has put together three operational scenarios as part of a plan to continue producing and exporting oil at its largest joint venture with Chevron once a license for the U.S. major to operate in the country expires next month, according to a company document seen by Reuters on Monday. The administration... Continue Reading →
The president of Petrobras, Magda Chambriard, met this Thursday, 13/03, with the president of Guyana, Mohamed Irfaan Ali. They participate in CeraWeek, an Energy conference held in Houston, USA. Magda and Irfaan Ali discussed opportunities in the exploration and production of oil in Guyana's deep waters and other possibilities for South-South cooperation, aimed at the... Continue Reading →
(Reuters) - Brazil's state-run oil firm Petrobras is in talks with U.S. liquefied natural gas (LNG) suppliers for a long-term import deal, a Petrobras executive said. Brazil is Latin America's largest oil producer, but consumes more gas than it produces and relies on imports to fill the gap. Petrobras buys pipeline gas from neighbor Bolivia and... Continue Reading →
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 it signed, on March 13, 2025, with Shell Western Supply and Trading Limited (“Shell”), a contract for the sale of the oil produced by the consortium in Atlanta field (80% of... Continue Reading →
PRIO S.A. ("Company" or "PRIO") hereby informs its shareholders and the general market that it has published a new reserves certification of the Company, prepared by DeGolyer & MacNaughton ("D&M"), dated January 1, 2025, which includes the reserves of the Polvo and TBMT cluster, Frade and Wahoo cluster and Albacora Leste field. To the Peregrino... Continue Reading →
(Reuters) - Argentina's energy company YPF wants to speed up a divestiture plan that includes selling controlling stakes in offshore exploration projects in Argentina and Uruguay, reducing its presence in mature fields and later offering a gas distribution company for sale, chief executive officer Horacio Marin said. YPF has exploration rights in seven offshore areas,... Continue Reading →
(Reuters) Petrobras is looking at potential opportunities in Argentina while advancing in projects in Colombia and Africa, the firm's exploration and production head Sylvia dos Anjos said on Tuesday. Gas from the Vaca Muerta region would be interesting to Petrobras as a pipeline connecting Argentina, Bolivia and Brazil could be used to transport it, Anjos said on the... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following the disclosures dated March 31, 2017, and August 9, 2022, informs that its Board of Directors has approved the settlement agreement to resolve the lawsuit with EIG Energy Fund XIV, LP and others (EIG), The amount related to this contingency is provisioned in Petrobras' Financial Statements and has been... Continue Reading →
(offshore-energy.biz) Japanese giant MODEC has achieved further progress in the construction of a floating production, storage, and offloading (FPSO) destined for a big upcoming natural gas project off the coast of Brazil, thanks to the workers hired to turn the unit plan into reality, hitting 1 million work hours without lost time injury (LTI) and lost... Continue Reading →
(OE) Constellation, an offshore oil and gas drilling services provider in Brazil, has started trading on Euronext Growth Oslo, under the ticker symbol ‘COSH’. Constellation holds about one fifth of Brazil’s country’s offshore drilling market. Constellation, with 1,800 employees and a 45-year track record, holds about one fifth of Brazil’s offshore drilling market, the company... Continue Reading →
Brazil Energy Insight 