Brazilian Oil Could Find New Destinations in the Face of Trump's Tariffs
Petrobras shares were trading close to flat on the news of Trump's announcement of a 50% tariff on Brazilian oil.
E&P Highlights: June 16, 2025
Here’s a roundup of the latest E&P headlines, including the third major transaction this month for Baker Hughes and an explorer award for Exxon Mobil.
Fitch Ratings Says Global Oil, Gas Sector Outlook is ‘Deteriorating’
Fitch Ratings changed its outlook on the global oil and gas sector from neutral to deteriorating, citing U.S. tariff policy and production increases for the revised forecast.
E&P Highlights: June 9, 2025
Here’s a roundup of the latest E&P headlines, including CNOOC’s latest production startup and an exchange of properties offshore Brazil.
Petrobras Aims to Make Africa its Main Exploratory Region Outside Brazil
Petrobras aims to make Africa its main region of development outside Brazil.
TotalEnergies, Shell Exchange Stakes in Gato do Mato, Lapa
TotalEnergies EP Brasil is exchanging its 20% non-op interest in the Gato do Mato project with Shell Brasil Petróleo.
E&P Highlights: May 19, 2025
Here’s a roundup of the latest E&P headlines, from a new oil discovery offshore Brazil to Libya’s latest upstream licensing round.
Carbon Capture Outlook Shows Signs of Brightening
Companies big and small are responding to global incentives to catch and store CO2.
The Future Remains Bright for Offshore Oil and Gas, Rystad Says
In the midst of a global energy transition, offshore oil and gas production continues to not only be viable, but essential, says Rystad Energy.
Petro-Victory Completes Acquisition of Brazil’s Capixaba Energia
Petro-Victory partnered with BlueOak Investments to complete the $17.5 million deal for Brazilian E&P Capixaba Energia.