Oil Slips as WTI Settles at US$100.30; Ecopetrol and YPF Gain
WTI settled at US$100.30 and Brent at US$103.87 on Friday. Petrobras fell 0.67% while Ecopetrol rose 1.15% and YPF gained...
September 19, 2026Section
Oil and Gas Business
Oil and Gas Industry News in Rio de Janeiro and Brazil
Oil Eases as Saudi Arabia Routes Crude Around Its Damaged Pipeline
Crude fell for a second session as Saudi Arabia moved exports through Oman. Petrobras signed eight offshore blocks in Côte...
September 18, 2026
Guyana Oil Exports Reach a Record US$15 Billion in the First Half of 2026
Guyana's oil exports reached a record US$15 billion in the first six months of 2026, alongside economic growth of 33.3...
September 17, 2026
Petrobras Signs Eight Offshore Contracts in Ivory Coast, Crossing the Atlantic
Petrobras signed eight offshore exploration contracts in Ivory Coast, whose seabed shares the geology of Brazil's north. No investment figure...
September 17, 2026
Fuse Failure Shuts 161 Ecuador Oil Wells at Referendum-Hit ITT Block
A blown fuse triggered emergency shutdowns at 161 wells of Ecuador's Block 43-ITT between September 5 and 7, 2026, costing...
September 10, 2026
Brent Crude Oil Breaks US$105 as Saudi Output Sinks to 1990 Low
Brent crude oil broke above US$105 after the biggest tanker-attack wave of the Iran war and data showing Saudi crude...
September 10, 2026
Chevron to More Than Double Venezuela Rigs, Testing Washington’s Oil Bet
Chevron will more than double its Venezuela rigs, an early test of the US bet on the world's largest oil...
September 9, 2026
Oil Prices Near US$97 Split Latin America Between Sellers and Buyers
Oil prices near a six-week high after US-Iran strikes near Hormuz. Brazil and Colombia gain, Chile pays more, and Mexico...
September 7, 2026
Zambia’s State Firm Puts Ndola Refinery at US$1.2 Billion
Zambia's state holding company says the Ndola refinery will cost US$1.2 billion, above the licensed US$1.1 billion. The difference is...
September 6, 2026