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February 12, 2026 – Petróleo Brasileiro S.A. – Petrobras, following up on the Material Fact published on 11/06/2025 and the Communication published on 12/11/2025, informs that it will pay on 02/20/2026 the first installment of shareholder remuneration referring to the anticipation of compensation related to the 2025 fiscal year, declared in accordance with the balance... Continue Reading →
February 12, 2026 – Petróleo Brasileiro S.A. - Petrobras, further to the release disclosed on December 15, 2025, informs that, at a meeting held on February 11, 2026, its Board of Directors, considering a potential transaction (“Transaction”) involving the transfer of shares of Braskem S.A. held by NSP Investimentos S.A., a subsidiary of Novonor, to... Continue Reading →
Feb. 11 (oilnow.gy) MODEC has completed the first steel cutting for the Hammerhead floating production, storage and offloading (FPSO) vessel more than a month ahead of schedule. MODEC made the announcement today via LinkedIn. The steel cut ceremony marked the start of fabrication at BOMESC Offshore Engineering Company Limited in Tianjin, China. The FPSO is being... Continue Reading →
Feb 11 (Reuters) - TotalEnergies will halve share buybacks in the first quarter, it said on Wednesday, as low oil and gas prices negated soaring fourth-quarter profit from refining fuels and proceeds from renewable assets stake sales. The French oil major's fourth-quarter adjusted net income fell to $3.8 billion (3.2 billion euros) from $4.4 billion a... Continue Reading →
Feb. 11 (Reuters) The U.S. Treasury Department on Tuesday issued a general license to facilitate the exploration and production of oil and gas in Venezuela, a long-awaited step that could help increase output in the country. Washington has relaxed sanctions on Venezuela's energy industry since U.S. forces captured President Nicolas Maduro in early January. It... 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. 10 - Petrobras's P-79 platform, an FPSO-type unit, arrived at the Santos Basin pre-salt this weekend, according to the planned schedule. The unit was towed to its location with the crew on board, a successful strategy already used with P-78 to reduce the time to start production. "Embarking the crew during the voyage to the location allows... Continue Reading →
Feb 10 (Reuters) - Equinor's international oil and gas portfolio will return to growth in the next few years as the Norwegian energy group targets sharply increased output abroad by 2030, its head of foreign operations told Reuters. After recent divestment of onshore assets in Argentina, Equinor now produces oil and gas in seven countries outside Norway, down... Continue Reading →
Feb. 10 - HydroWing Tidal Energy Projects, part of Inyanga Marine Energy Group, has been awarded a further 10MW for its Ynni’r Lleuad Project at Morlais in Wales in today’s announcement of the UK government’s Allocation Round 7a (AR7a) Contracts forDifference (CfD) awards. This additional capacity builds on the 20MW already awarded to HydroWing through earlier rounds... Continue Reading →
Feb. 10 - Seatrium, through its wholly owned subsidiary Jurong Shipyard, has started arbitration proceedings against Petrobras Netherlands in connection with a legacy contract for the conversion of the P-54 floating production, storage and offloading vessel (FPSO). The dispute relates to a settlement agreement reached in 2008 following amendments to the original 2004 contract. Under... Continue Reading →
Brazil Energy Insight 