Brazil's oil production reached an all-time high in June, as increased output from producers outside the Middle East helped offset supply disruptions caused by the conflict in Iran.
Brazilian state-controlled energy company Petrobras has identified a new natural gas deposit at the Sandia-1 exploratory well in deep waters off the coast of Colombia. The well is located within Block ...
Pemex said that the lower profit was due to a 177% annual increase in its financial costs, higher tax obligations and an unfavorable exchange rate. (Isabel Mateos Hinojosa/Cuartoscuro) Pemex’s net ...
Offshore energy infrastructure contractor Subsea7 has secured a major subsea pipeline replacement contract from Brunei Shell ...
Colombians hold a 55.56% stake in the consortium, while Brazilians hold 44.44%. Although a minority partner, Brazil’s ...