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Shell
Big Oil Companies

Shell green lights Gato do Mato project off Brazil

March 24, 2025 Mariel Alumit

UK-based energy supermajor Shell has taken the final investment decision for Gato do Mato, a deep-water project in the pre-salt area of the Santos Basin offshore Brazil. The Gato do Mato consortium includes operator Shell […]

Climate Crisis

Amazon forest felled to build road for climate summit

March 12, 2025 Clark Savage

A new four-lane highway cutting through tens of thousands of acres of protected Amazon rainforest is being built for the COP30 climate summit in the Brazilian city of Belém. It aims to ease traffic to […]

Climate Crisis

How The UN Suppresses Climate Debate, Pushes Biased Policies, And Ignores Science

March 8, 2025 Stu Turley

ENB Pub Note: The U.S. needs to step out of the UN and throw the UN out of the U.S. They have been trying to take the United States down through covert programs and have […]

China Merchants
Crude Oil News

China Merchants buys major Brazilian VLCC terminal

March 4, 2025 Mariel Alumit

China Merchants has bought a 70% stake in Vast Infraestrutura, Brazil’s only privately run VLCC terminal, located in the port of Açu in a deal worth up to $714m. China Merchants bought its stake in […]

Crude Oil News

Petrobras Gears Up for Offshore Boom

March 2, 2025 Clark Savage

Petrobras is beefing up its offshore game, throwing four more support vessels into the mix by 2026—bringing the grand total to 48. Brazil’s state-run oil company is gearing up to boost production to 2 million […]

Karoon
Crude Oil News

Karoon buys FPSO working offshore Brazil for $115m

February 28, 2025 Mariel Alumit

Australian oil and gas player Karoon Energy has bought the Cidade de Itajaí FPSO for $115m from Altera & Ocyan, the joint venture formed by the Brazilian company Ocyan and Altera Infrastructure. The FPSO was […]

Petrobras
Exploration and Production

Petrobras cancels FPSO tender after bid deemed too expensive

February 25, 2025 Mariel Alumit

Brazil’s state-owned oil and gas giant Petrobras has cancelled a tender for chartering an FPSO for the Barracuda-Caratinga revitalization project. Initially, Petrobras started the contracting process for the FPSO back in the summer of 2023 but […]

Crude Oil News

Petroleum liquids supply growth driven by non-OPEC+ countries in 2025 and 2026

February 22, 2025 Stu Turley

Data source: U.S. Energy Information Administration, Short-Term Energy Outlook, February 2025 Data values: Non-OPEC Petroleum and Other Liquids Production Note: The OPEC and OPEC+ data series reflect those countries participating in the OPEC+ agreement. OPEC members Iran, Libya, and […]

offshore wind
International News

Brazil president authorises offshore wind development

January 13, 2025 Mariel Alumit

Bureau Veritas Brazilian president Luiz Inacio Lula da Silva has signed a bill authorizing the development of offshore wind farms in the country. The bill, signed into law on Friday last week, looks to enhance […]

Shearwater
Crude Oil News

Shearwater starts off new seismic acquisition in Brazil’s Pelotas Basin

January 8, 2025 Mariel Alumit

Shearwater Norwegian offshore seismic vessel player Shearwater Geoservices has started the second acquisition season for the Pelotas Basin multi-client 3D seismic survey offshore Brazil. This new acquisition, conducted in partnership with Searcher Seismic, will be […]

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