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South America
FPSO-Almirante-Tamandare_Capa_Credito_Divulgacao-SBM
South America

Brazil February 2026 Oil & Gas Production Breaks Record with 5.304 mm boed/d

Brazil broke its record for oil and natural gas production in February, with 5.304 million barrels of oil equivalent per…
Arrow-Exploration
South America

Arrow Exploration brings new Colombian oil well on stream ahead of schedule and under budget

Arrow Exploration Corp the Calgary-based oil producer focused on Colombia, has successfully drilled and brought into production a new well…
Parex CEO
South America

Parex CEO bets on Colombia despite regulatory challenges

The executive says the company aims to become the country’s largest private oil and gas producer. Valora Analitik spoke exclusively…
onshore-oilandgas
South America

Venezuela Oil Production Climbs to 1.1 Million Bpd

Venezuela produced an average of 1.1 million barrels of crude daily this month, up from 942,000 barrels daily in February,…
Venezuela opposition leader María Corina Machado
South America

Venezuela opposition leader María Corina Machado calls for full privatization of oil industry

HOUSTON — Venezuela opposition leader María Corina Machado called Tuesday for the full privatization of the South American nation’s oil…
Foresea-drillship-ODN-II-NS-42-drillship-Source-Petrobras
South America

Brazil, Mexico weigh Petrobras–Pemex tie-up for offshore oil exploration

Brazil President Luiz Inacio Lula da Silva said he spoke with Mexican leader Claudia Sheinbaum about a possible exploration partnership…
ExxonMobil
South America

Exxon accelerates oil, gas projects in Guyana as prices surge

A ‌new floating production facility for a consortium led by Exxon Mobil, opens new tab in Guyana is nearly complete…
Flatfish - Source Saipem
South America

Saipem’s subsea drone clears tests with Petrobras ahead of offshore deployment

Saipem’s underwater inspection drone (UID) FlatFish has completed a test campaign with Brazil’s oil & gas major Petrobras as part…
Noble-Discoverer-rig-Source-Noble
South America

South American waters yield more gas: Petrobras makes new find in Colombia

Brazil’s state-owned energy giant Petrobras has boosted South America’s energy arsenal with a new gas discovery off the coast of…
Petrobras
South America

Petrobras Buys Petronas Stake for $450M

The Petrobras Petronas deal announced Monday sees Brazil’s state-controlled oil giant reclaim full ownership of two producing deepwater fields in…

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