Brazil’s National Agency of Petroleum (ANP) said it will impose conditions before authorizing state-owned oil company Petrobras to resume drilling a controversial offshore well near the mouth of the Amazon River, after operations were suspended on Sunday due to a leak of fluid from company equipment

The United States will control Venezuela’s oil sales for an “indefinite” period and will deposit the proceeds from those transactions into accounts controlled by Washington, U.S. Energy Secretary Chris Wright said

U.S. oil producer Continental Resources has signed an agreement with Pan American Energy (PAE) to develop four areas in the Vaca Muerta region jointly

The memorandum of understanding outlines a plan for a pipeline running from Alberta to the Pacific coast to boost oil exports to Asia, in line with Carney’s goal of expanding foreign trade to offset the impact of the trade war launched by U.S. President Donald Trump

Covering approximately 17,000 square kilometers with a maximum water depth of 4,100 meters, OFF-5 is located “in a strategic area due to its geological potential,” Argentina’s largest oil and gas producer highlighted

“This is the fifth-deepest well Petrobras has ever drilled, and it is a pioneer well in an unexplored area. That requires great care,” said Sylvia Anjos, Petrobras’ Exploration and Production director, at a press conference

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

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

Argentina’s state-controlled oil company YPF has begun drilling three new exploratory wells in Palermo Aike, the country’s second-largest unconventional hydrocarbon reserve after Vaca Muerta