Brazil Advances 86 Amazon-Coast Oil Blocks for an October Auction
Brazil's regulator cleared 86 Equatorial Margin blocks for study before an October auction, on a frontier the government says could...
July 12, 2026Section
Oil and Gas Business
Oil and Gas Industry News in Rio de Janeiro and Brazil
Peru’s Electric Vehicle Sales Jump 86%, but the Region Races Ahead
Peru electric vehicle sales jumped 86% to 8,285 units in early 2026, yet its market stays a fraction of Colombia's...
July 11, 2026
Mexico Raises Fuel Subsidies as an Oil Shock Pushes Prices Up
Mexico raised its fuel subsidy for regular petrol and diesel for 11-17 July as an oil shock lifted prices. Premium...
July 11, 2026
Dangote Gambia Push: $2 Billion for Solar and Fuel
The Dangote Gambia pledge: $2 billion for a 250 MW solar plant and a fuel storage terminal, President Barrow says...
July 11, 2026
Oando Profit Hits N204.8 Billion on the Fields Eni Left
Oando profit reached N204.8 billion in 2025 on a 32% production jump, the first full year running the Nigerian oilfields...
July 10, 2026
Petronas Found Oil in Suriname’s Gas Block, in 90 Metres of Water
Petronas confirms a Suriname oil discovery at its Caiman-1 well in just 90 metres of water, a find the president...
July 10, 2026
Nigeria’s First Floating LNG Plant Locks In Its Gas
Nigeria’s first floating LNG plant signed a 15-year deal for 200 million cubic feet of gas a day from NNPC...
July 9, 2026
Dangote Picks Kenya’s Lamu for a $17 Billion Refinery
Dangote Kenya refinery confirmed: Lamu will host a 700,000-barrel-a-day plant costing up to $17 billion, with soil tests and engineering...
July 9, 2026
Dangote Overtakes the US as Europe’s Top Jet Fuel Supplier
Dangote jet fuel hit 466,000 tonnes shipped to Europe in June, worth $553M—overtaking the US as the region's top external...
July 8, 2026