Guyana Has Nearly Paid Off Exxon. Now Comes the Real Money
Guyana oil profits near a turning point as just $4.5bn remains in Exxon's cost bank. Once cleared, Guyana claims half...
June 25, 2026Section
Oil and Gas Business
Oil and Gas Industry News in Rio de Janeiro and Brazil
East Africa Weighs a Dangote-Style Oil Refinery
East African states are weighing a 650,000-barrel-a-day oil refinery, with Aliko Dangote offering to build it but now favouring Kenya's...
June 25, 2026
Suriname Gas Find Lifts Petronas Past a Billion Barrels Offshore
A new offshore gas find takes Petronas past a billion barrels in one Suriname block, as the country weighs a...
June 24, 2026
PetroTal to Restart Peru Oil Drilling After a Three-Year Permit Delay
PetroTal Peru resumes Amazon drilling in Oct 2026 after a 3.5-year permit delay, targeting 20,000 bpd and raising earnings guidance...
June 24, 2026
Guyana Cuts Its Oil Spill Response Time From a Week to Days
Guyana has moved a rare well-capping device onto its own coast, cutting the time to choke a runaway offshore well...
June 24, 2026
Honduras Bets on an Energy Reform to Stop a $600 Million Yearly Drain
Honduras moves to split its bankrupt power utility ENEE and court private capital, a reform Washington and global lenders back...
June 24, 2026
TotalEnergies Restarts Mozambique’s $20bn Gas Project
TotalEnergies has restarted its roughly $20 billion Mozambique LNG project four years after an insurgency halted it, with first gas...
June 22, 2026
Petrobras Bets $1.2 Billion on Jet Fuel Made From Plants
Petrobras approved a one-point-two-billion-dollar plant to make bio-jet fuel and renewable diesel at its Cubatão refinery, with start-up planned for...
June 22, 2026
Petrobras Teams Up With Equinor to Drill a New Campos Frontier
Petrobras agreed to take half of Equinor's Itaimbezinho block in the Campos Basin, deepening a partnership as Brazil's oil giant...
June 22, 2026