South America2 weeks agoQatarEnergy wins seven Brazil offshore exploration licensesQatarEnergy, in a consortium with Petrobras, won seven exploration blocks in the 6th Concession Open Acreage Bid Round organized by…
South America3 weeks agoBrazil expands offshore exploration map with 501 new blocksBrazil has significantly expanded the area available for potential future oil and gas exploration along its Equatorial Margin, with regulator…
South America3 weeks agoPetrobras makes new oil discovery in Morpho well off AmapáPetrobras reached another oil-bearing interval in the Morpho well (1-BRSA-1405-APS), a new discovery in block FZA-M-59 offshore Amapá, Brazil. The…
South America2 months agoPetrobras Cancels Newbuild OSV Tender After 18 Months as Brazil Contracting Delays Frustrate Vessel MarketPetrobras has cancelled a tender for two newbuild offshore support vessels more than 18 months after originally launching the exercise,…
South America2 months agoBrazil’s New Oil Frontier Could Keep Its Boom Alive For DecadesPetrobras has discovered oil near the Amazon River mouth, with Lula calling the find a “passport to Brazil’s future,” although…
South America3 months agoPetrobras Halts $1 Billion Gas Pipeline Study Over Proposed Brazilian Gas RegulationsBrazil’s state-run oil company Petrobras has suspended studies for a $1 billion natural gas pipeline due to regulatory uncertainty surrounding…
South America3 months agoFluxus acquires stake in Venezuela’s Petrororaima joint ventureBrazil’s billionaire Batista brothers have acquired a stake in an oil production project in Venezuela, the latest deal to emerge…
3 months agoBrazil’s 23 GW offshore wind pipeline is now one turbine, GEN Intel analysis finds**ABERDEEN, 15 July 2026.** Five of the world’s largest energy companies have sold, exited or downgraded their offshore wind businesses…
Appointments7 months agoPetrobras Shakes Up Leadership Amid Governance TransitionBrazil’s state-controlled oil major Petrobras has announced a set of leadership changes, reshaping both its board of directors and executive…
International9 months agoBrazilian oil and gas production record in 2025, 4,987million boe/dBrazil daily production of oil and natural gas in 2025 reached the equivalent of 4,987 million boe/d, a new record,…
