Oil and Gas
Oil prices reach $70 due to U.S. tension. – Iran
Crude oil rises more than 3% as investors discount a higher risk premium in the face of impending instability in the Strait of Hormuz.
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Oil and Gas
Petrobras strengthens its strategic position by increasing proven reserves by 2025
The company guarantees 12.5 years of continuous production through the excellent performance of its assets in the Santos Basin.
Oil and Gas
Venezuela approves law allowing commercial autonomy to private oil companies
The regulation grants private operators the power to market crude oil and manage revenues independently, eliminating PDVSA's operating monopoly.
Oil and Gas
BOEM opens process for offshore leasing in California
BOEM analyzes potential areas for new offshore concessions in California under the 2026-2031 energy leasing program.
Oil and Gas
Citgo buys Venezuelan oil again at key moment
A purchase that breaks a trade veto that had lasted since 2019.
Oil and Gas
Petrobras expands oil sales to India: for 60 MMbd
Petrobras renews and expands oil contracts with Indian state-owned refineries (IOC, BPCL and HPCL) with sales of 60 million barrels
Oil and Gas
Energy paradox: U.S. resorts to LNG imports in the face of winter crisis
The energy companies are taking advantage of the maximum spot prices by importing LNG from Trinidad to terminals such as Cove Point, in an…
Oil and Gas
Saudi Arabia may set discounted light crude oil price for first time since 2020
Global oil supply has outstripped demand, mainly because OPEC+ began increasing production in April 2025.
Oil and Gas
Nigeria boosts investment by lowering barriers to entry in oil licensing round
The measures demonstrate a shift in Nigeria's strategy towards a sustainable and more efficient energy development model.
Oil and Gas
Australia and Timor-Leste strengthen partnership to develop offshore gas project
The Australian Government will finance an Infrastructure Fund that will direct at least one-third of Australian revenues derived from the project to Timor-Leste.
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