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29.10.25

Petrobras announces production record of FPSO Almirante Tamandaré (Búzios 7)

Rio de Janeiro, October 28, 2025 – Petróleo Brasileiro S.A. Petrobras announces that the FPSO Almirante Tamandaré, operating in the Búzios field, located in the pre-salt layer of the Santos Basin, reached a record instantaneous production flow equivalent to 270,000 barrels of oil per day (bpd) last Saturday (October 25). On average, the platform’s production...

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04.08.25

BP makes its largest oil and gas discovery in 25 years off coast of Brazil

Malcolm Moore in London – Updated 09:40 Find at 300 sq km Bumerangue field is a potential major boost as company refocuses on fossil fuels BP has made its biggest oil and gas discovery in 25 years after drilling a successful well in a field off the coast of Brazil, in a boost to the energy...

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02.05.25

Equinor sells the Peregrino field for USD 3.5 billion

Equinor News – 02 May 2025 01:30(GMT+1) Equinor Brasil Energia Ltda., a subsidiary of Equinor ASA, has entered into agreements(1) with Brazilian company Prio Tigris Ltda., a subsidiary of PRIO SA (PRIO3.SA) for a sale of its 60% operated interest in the Peregrino field in Brazil. PRIO, Brazil’s largest independent oil and gas company, will...

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14.04.25

Petrobras targets new oil and gas amid market volatility

Fábio Couto and Kariny Leal — Rio de Janeiro – 04/14/2025 11:45 AM Brazil’s oil giant invests in reviving Campos Basin, plans similar strategy for Santos, home to pre-salt megafields Petrobras, responsible on its own or in joint ventures for nearly 90% of Brazil’s oil and gas output, is navigating volatile commodity prices while pursuing strategies to...

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20.03.25

Petrobras identifies possible presence of oil in the Santos Basin.

Agência Brasil – 19/03/2025 – 18:10 Hydrocarbons have been found in the Aram block. Petrobras has announced the presence of hydrocarbons in an exploratory well within the Aram block, located at great depth (below sea level) in the pre-salt layer of the Santos Basin (São Paulo). The presence of hydrocarbons suggests a probable presence of...

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13.03.25

Chevron looks to Brazil, Mexico, and the Middle East to replace Venezuelan oil

Kevin Crowley – 12/03/2025 | 04:36 PM The American industry giant has been seeking alternative supplier countries for its refineries after the Trump administration ordered the company to cease operations in Venezuela. Bloomberg — Chevron is looking to replace Venezuelan oil in its refineries with supplies from Mexico, Brazil, and the Middle East after the...

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19.02.25

Brava predicts the first offloading from Atlanta this weekend.

Ana Luisa Egues – 19/02/2025 The company has signed a contract for the sale of a total volume of 6 million barrels of oil with Trafigura, a multinational commodities company headquartered in Singapore. The first offloading of the FPSO Atlanta is scheduled to take place on Sunday (23rd). The operation will be carried out with...

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06.02.25

CNPE will discuss Brazil’s entry into OPEC+ this month, says Silveira to CNN.

CNN – 05/02/2025 16:24 Minister of Mines and Energy highlights geopolitical importance and supports accession. The Minister of Mines and Energy, Alexandre Silveira, announced that Brazil is set to join OPEC+, a group of oil-producing countries. The statement was made during an interview with CNN this Wednesday (5th), in which Silveira highlighted the geopolitical importance...

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04.02.25

Petrobras meets target, but production declines in 2024

Oil and gas output falls 3.1% for the year, despite pre-salt records By Kariny Leal and Rafael Rosas — Rio de Janeiro 02/04/2025 10:02 AM Petrobras achieved its oil and gas production targets for 2024, but that didn’t prevent the company from posting annual and quarterly declines in output. According to the state-run oil giant’s production and sales report...

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28.01.25

The Transition of Tax Reform Will Require Adaptation from the Oil Sector

Danilo Oliveira – 27/01/2025 – 19:49 The recent sanctioning of the regulation of the Tax Reform (LC 214/2025) may bring different impacts on the prices of products and/or services of companies in the oil and gas sector. A large portion of the players are service providers contracted by operators for activities such as seismic surveys,...

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Petrobras announces production record of FPSO Almirante Tamandaré (Búzios 7)

BP makes its largest oil and gas discovery in 25 years off coast of Brazil

Equinor sells the Peregrino field for USD 3.5 billion

Petrobras targets new oil and gas amid market volatility

Petrobras identifies possible presence of oil in the Santos Basin.

Chevron looks to Brazil, Mexico, and the Middle East to replace Venezuelan oil

Brava predicts the first offloading from Atlanta this weekend.

CNPE will discuss Brazil’s entry into OPEC+ this month, says Silveira to CNN.

Petrobras meets target, but production declines in 2024

The Transition of Tax Reform Will Require Adaptation from the Oil Sector

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Latest News

Petrobras announces production record of FPSO Almirante Tamandaré (Búzios 7)

BP makes its largest oil and gas discovery in 25 years off coast of Brazil

Equinor sells the Peregrino field for USD 3.5 billion

Petrobras targets new oil and gas amid market volatility

Petrobras identifies possible presence of oil in the Santos Basin.

Chevron looks to Brazil, Mexico, and the Middle East to replace Venezuelan oil

Brava predicts the first offloading from Atlanta this weekend.

CNPE will discuss Brazil’s entry into OPEC+ this month, says Silveira to CNN.

Petrobras meets target, but production declines in 2024

The Transition of Tax Reform Will Require Adaptation from the Oil Sector

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