British oil company BP announced a net profit of USD 3.477 billion in the first nine months of 2025, 48.6% higher than in the same period a year earlier, thanks in part to improved performance at its production facilities

Argentine state-owned oil company YPF and Italy’s Eni have reached an agreement with the investment arm XRG of Abu Dhabi National Oil Company (ADNOC) to join Argentina’s liquefied natural gas (LNG) project

The U.S. 2nd Circuit Court of Appeals, based in Manhattan, will review the judgment handed down in September 2023 by District Judge Loretta Preska in favor of two minority shareholders of YPF

Petrobras produced an average of 4.54 million barrels of oil and gas equivalent per day in the third quarter of 2025, 17.3% more than in the same period last year, the company reported

U.S. President Donald Trump hit Russia’s two biggest oil companies with sanctions in a sharp policy shift on Moscow’s war in Ukraine, prompting global oil prices to rise by 5% and India to consider cutting Russian imports

Brazil has authorized controversial offshore oil exploration near the Amazon, less than a month before it hosts the U.N. climate summit (COP30), where it aims to present itself as a leader in environmental preservation

In total, 100,000 cubic meters of natural gas entered Brazil via pipelines passing through Bolivia, to test the “commercial and operational framework” of the agreement

Spanish oil company Repsol has begun producing oil in the Leon-Castile basin in the state of Louisiana, strengthening its footprint in the United States, a key region in its 2024–2027 strategic plan

Exxon Mobil Corp has held confidential negotiations with Russian state energy giant Rosneft regarding a potential return to the Sakhalin-1 project, according to The Wall Street Journal

The agreement sets that Fluxus must make an initial investment of 21.3 million dollars for the reactivation of 54 wells between 2026 and 2027, as well as for the maintenance of existing facilities