Petrobras is going ahead with several projects in oil and gas while demand remains high. Brazil’s oil major could expand to offer greener diesel and biofuels, supporting the decarbonization of Continue Reading
The impact of the La Nina weather pattern that’s expected to roil global food markets in coming months is already showing up in parts of Brazil, the world’s biggest soybean Continue Reading
Crude oil production in Colombia this year is on track to hit its lowest level since 2009 Colombia is in urgent need of additional investments and exploration success as proven Continue Reading
Several oil majors on Friday committed to exploring deep-sea oil prospects off Brazil’s coast following an auction widely seen as a test of the industry’s appetite for crude in the Continue Reading
Exxon Mobil Corp. is prepared to bid on Friday for new blocks in Brazil’s deep-water oil fields, a focus area for its oil and gas production growth, people familiar with Continue Reading
Highlights Petroperu expected to take a week to restart pumping PetroTal’s Block 95 tops 20,000 b/d for first time PetroTal to ship 320,000 barrels to Brazil State oil company Petroperu Continue Reading
Exxon Mobil Corp outlined a major new investment in Guyana amid government calls for delivering economic benefits to residents from deepwater oil and gas discoveries helping turn the South American Continue Reading
A senior U.S. diplomat quietly traveled to Venezuela this week and met with imprisoned Americans in an ongoing effort to secure release of the men the Biden administration believes are Continue Reading
Venezuelan President Nicolas Maduro plans to replace Oil Minister Tareck El Aissami – a key ruling party official who also serves Venezuela’s OPEC representative and board member of the state Continue Reading
U.S. sanctions have a long history of failing to initiate regime change Sanctions from both the Obama and Trump Administrations have failed to have a material impact on Venezuela’s regime Continue Reading
