South America4 months agoBrazil February 2026 Oil & Gas Production Breaks Record with 5.304 mm boed/dBrazil broke its record for oil and natural gas production in February, with 5.304 million barrels of oil equivalent per…
South America4 months agoArrow Exploration brings new Colombian oil well on stream ahead of schedule and under budgetArrow Exploration Corp the Calgary-based oil producer focused on Colombia, has successfully drilled and brought into production a new well…
South America4 months agoParex CEO bets on Colombia despite regulatory challengesThe executive says the company aims to become the country’s largest private oil and gas producer. Valora Analitik spoke exclusively…
South America4 months agoVenezuela Oil Production Climbs to 1.1 Million BpdVenezuela produced an average of 1.1 million barrels of crude daily this month, up from 942,000 barrels daily in February,…
South America4 months agoVenezuela opposition leader María Corina Machado calls for full privatization of oil industryHOUSTON — Venezuela opposition leader María Corina Machado called Tuesday for the full privatization of the South American nation’s oil…
South America4 months agoBrazil, Mexico weigh Petrobras–Pemex tie-up for offshore oil explorationBrazil President Luiz Inacio Lula da Silva said he spoke with Mexican leader Claudia Sheinbaum about a possible exploration partnership…
South America4 months agoExxon accelerates oil, gas projects in Guyana as prices surgeA new floating production facility for a consortium led by Exxon Mobil, opens new tab in Guyana is nearly complete…
South America4 months agoSaipem’s subsea drone clears tests with Petrobras ahead of offshore deploymentSaipem’s underwater inspection drone (UID) FlatFish has completed a test campaign with Brazil’s oil & gas major Petrobras as part…
South America4 months agoSouth American waters yield more gas: Petrobras makes new find in ColombiaBrazil’s state-owned energy giant Petrobras has boosted South America’s energy arsenal with a new gas discovery off the coast of…
South America4 months agoPetrobras Buys Petronas Stake for $450MThe Petrobras Petronas deal announced Monday sees Brazil’s state-controlled oil giant reclaim full ownership of two producing deepwater fields in…