Sept 3 (Reuters) - Shareholders of Dominion Energy and NextEra Energy approved the companies' proposed $66.8 billion merger deal, according to regulatory filings on Thursday. The companies had announced their plan to merge in May, which is expected to create one of the world's largest electric utilities during an expansion of energy-intensive data centers to support artificial intelligence. Virginia-based... Continue Reading →
Milei Vows Tougher Sanctions, Defense Push Over Falklands Oil Drilling
Sept. 3 (Reuters) Argentine President Javier Milei said on Thursday he would tighten sanctions on companies involved in oil projects around the Falkland Islands, boost defense resources in the country's south and send Congress a bill aimed at strengthening Argentina's response to what he called violations of its sovereignty. In a televised address, Milei said... Continue Reading →
ABS to Support Japanese Company’s 18 MW Floating Wind Turbine Pilot in Brazil
Sept.4 (offshoreWIND.biz) The American Bureau of Shipping (ABS) and the Japanese engineering and technology company Japan Blue Energy (JB Energy) have signed a memorandum of understanding (MoU) to collaborate on strategic studies for a floating wind pilot project proposed for installation off Rio Grande do Sul, Brazil. Named Aura Sul Wind, the project will consist... Continue Reading →
PRIO Operational Data for August 2026
Rio de Janeiro, September 2, 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 August. Key: (1) Production at the Albacora Leste field was affected by a partial scheduled shutdown for cooling system maintenance. (2) At the Bravo... Continue Reading →
Chevron, Eni commit to expand oil projects in Venezuela under US eye
Sept 2 (Reuters) - Several international energy firms, including Eni, GE Vernova and Chevron committed on Wednesday to project expansions to boost oil output in Venezuela, in a signing ceremony in Caracas overseen by interim President Delcy Rodriguez and U.S. Energy Secretary Chris Wright. The deals are separate from a Caracas-Washington deal recently unveiled that gives the U.S. access to... Continue Reading →
Woodside and PEMEX to Expand Deepwater Partnership
Sept. 2 (OE) Woodside Energy has signed a non-binding Memorandum of Understanding (MoU) with Petróleos Mexicanos (PEMEX) that will allow analysis of potential future opportunities for exploration and extraction of hydrocarbons in the deep waters of the Gulf of Mexico. It will also facilitate the mutual exchange of technical knowledge, experience, and industry best practices... Continue Reading →
Petrobras May Simultaneous Drill in Block FZA-M-59 in the Future and IBAMA Issues Further Requirements
Sept. 2 (PN) Petrobras does not rule out the possibility of conducting simultaneous drilling operations using two rigs in Block FZA-M-59, located in the Foz do Amazonas Basin, at some point in the future. This possibility was discussed with the Brazilian Institute of the Environment and Renewable Natural Resources (Ibama) during a meeting in late... Continue Reading →
Shell reaches agreement with BP to acquire 50% stake in Tupinamba block, Santos Basin
Sept. 2 - Shell has signed an agreement with bp to acquire a 50% stake in the Tupinambá exploration block, located in the Santos Basin, as well as a 30% interest in five concessions comprising the Conifer exploration prospect in the Paleogene province of the deepwater US Gulf of Mexico. bp will retain the remaining... Continue Reading →
First large-scale purchase of Halo-Connect nodes to support seismic exploration in Colombia
Sept. 2 - Colombian geophysical services company Vector Geophysical has acquired 30,000 STRYDE Halo-Connect ground-based seismic nodes along with a Nimble receiver system, significantly expanding its capacity to execute high-density seismic surveys in Colombia. The agreement marks STRYDE's first large-scale order for Halo-Connect since the launch of the next generation of its miniaturized seismic node... Continue Reading →
Chevron expands Venezuela presence with $7 billion plan to double output in five years
Sept 2 (Reuters) - Chevron will invest more than $7 billion through its Venezuela joint ventures to double oil production to about 600,000 barrels per day over the next five years in the South American country, the U.S. oil major said on Wednesday. Under new agreements, Chevron's Petroindependencia joint venture will expand to include two adjacent areas in... Continue Reading →