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Brazil’s President Lula has invited Mexico, Colombia, and Uruguay to the July BRICS summit in Rio. The summit will focus on reducing reliance on the US dollar and promoting local …
Lula Invites Mexico, Colombia, and Uruguay to Participate in BRICS Summit Read More
The Mero field in Brazil’s Santos Basin reached a production milestone of 500,000 barrels of oil per day on February 28. It is operated by Petrobras and became the third …
Mero Field Achieves Record Production of 500,000 Barrels of Oil Daily Read More
Brazil’s Petrobras has reduced jet fuel prices by almost 6% in March to assist the aviation industry amid economic challenges. The company plans to expand its fleet with four additional …
Petrobras Lowers Jet Fuel Prices by Almost 6% in March Read More
U.S. President Trump’s threat to withdraw Chevron’s operating license in Venezuela may plunge the nation into deeper economic turmoil, reducing oil exports and exacerbating the already significant crisis. Economists warn …
Implications of Chevron’s License Revocation for Venezuela’s Future Read More
Petrobras shares have fallen due to rising capital expenditures and canceled bids for FPSO units. Environmental recommendations against drilling in the Amazon and revised capex forecasts for 2025 also influence …
Brazil’s Petrobras Shares Decline Following Capital Spending Surge Read More
Brazil’s Ibama agency has recommended denying Petrobras’ drilling license for the sensitive Foz do Amazonas region, citing insufficient environmental protection plans. President Lula has publicly criticized Ibama for delays in …
Ibama Recommends Denial of Petrobras Drilling Authorization in Amazon Read More
Colombia’s tourism fair, ANATO, opened amidst security concerns as President Gustavo Petro was absent from the ceremony. Despite this, there was strong attendance from industry leaders, with speeches emphasizing the …
Colombia’s Tourism Sector Faces Security Challenges Amid ANATO’s 44th Edition Read More
Colombia’s President Gustavo Petro will appoint Edwin Palma as the new energy minister amid a significant cabinet reshuffle after numerous resignations. Palma will focus on transitioning away from hydrocarbons to …
Colombia’s Petro to Appoint Edwin Palma as New Energy Minister Amid Cabinet Reshuffle Read More
Colombia has initiated peace talks with the ACSN as part of President Gustavo Petro’s “Total Peace” initiative, aiming to demobilize the armed group and address its criminal activities. Local leaders …
Colombia Launches Peace Talks with Self-Defense Forces of Sierra Nevada Read More
Brazilian President Lula da Silva pushes for oil exploration at the Amazon’s mouth despite climate concerns, arguing it will finance renewable energy transition. Critics warn this could harm biodiversity and …
Lula Advocates Oil Drilling at Amazon’s Mouth Despite Environmental Concerns Read More