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Dec 1 (Reuters) - Global commodity trading house Gunvor's CEO Torbjorn Tornqvist will step down and sell his shareholding in a management buyout, weeks after the U.S. dubbed the firm the "Kremlin's puppet" over its past Russian links. The firm said on Monday that Americas head Gary Pedersen, hired by the company last year, will... Continue Reading →
December 1, 2025 – Petróleo Brasileiro S.A. – Petrobras announces that it has been notified by Brazil’s National Agency of Petroleum, Natural Gas and Biofuels (ANP) regarding the approval of the addendum to the Production Individualization Agreement (AIP) of the Tupi Shared Reservoir, located in the Santos Basin, which becomes effective as of today. The... Continue Reading →
Dec. 1 (TN) TGS began, this Saturday (November 29th), 3D marine seismic survey in the Pelotas sedimentary basin, Pelotas Norte Phase I program, 96 kilometers off the coast of the municipality of Laguna, in Santa Catarina, between the municipalities of Florianópolis and Palmares do Sul, at depths greater than 200 meters. The research area was... Continue Reading →
Dec. 1 (offshoreWIND.biz) The joint venture (JV) between Nadara and BlueFloat Energy has confirmed to offshoreWIND.biz that Nadara will acquire BlueFloat’s stake in the JV’s floating offshore wind projects in the UK and Italy, and become their sole owner. “Nadara has reached an agreement with its joint venture partner BlueFloat Energy, to acquire its 50% stake... Continue Reading →
Dec. 1 (OE) DNV Inspection has appointed two new specialists to support its expanding offshore wind and low-carbon energy business as global demand rises for assurance and inspection services across renewables, the company said on Thursday. Iván Jaramillo González has joined as project manager to lead offshore wind inspection activities across multiple regions and the... Continue Reading →
Dec. 1 (splash247.com) Seatrium has escalated its dispute with Maersk Offshore Wind’s affiliate Phoenix II, launching arbitration over the abrupt cancellation of a near-complete wind turbine installation vessel (WTIV) originally contracted at $475m. The Singapore yard filed its notice of arbitration on 28 November under London Maritime Arbitrators Association terms, seeking a ruling that Phoenix... Continue Reading →
Nov. 28 - Petrobras has postponed the contracting of two FPSO (floating production, storage and offloading) units until after 2030: one for the Albacora field revitalization project and the other for the second FPSO for Sergipe Águas Profundas (SEAP). Both units were left out of the horizon of the company's new 2026-2030 Business Plan. The... Continue Reading →
November 28, 2025 – Petróleo Brasileiro S.A. – Petrobras (“Petrobras”) (NYSE: PBR) announces that its wholly-owned subsidiary Petrobras Global Finance B.V. (“PGF”) has delivered notices of redemption to the holders of the outstanding 8.750% Global Notes due 2026 (the “Notes”). Title of SecurityISINCUSIPCommon CodeAggregate Principal Amount to be Redeemed8.750% Global Notes due 2026US71647NAQ2571647NAQ2N/AUS$ 344,167,000.00 The... Continue Reading →
Nov 28 (Reuters) - Colombian state-run energy firm Ecopetrol will invest between 22 trillion and 27 trillion pesos ($5.88 billion-$7.21 billion) next year, it said late on Thursday, roughly in line with 2025 as it pledged "disciplined" capital allocation. Ecopetrol plans to drill between 380 and 430 development wells - 95% in Colombia and 5% in... Continue Reading →
Nov. 28 - The company's new strategic plan for the period between 2026 and 2030 reveals a paradigm shift in the search for new reserves. Although the pre-salt layer will continue to receive a significant amount of investment, the Equatorial Margin will receive the largest share of the state-owned company's resources over the next five... Continue Reading →
Brazil Energy Insight 