Oil & Gas Dealmaking: Navitas Petroleum is expanding in the Gulf of America with agreements to buy 33.33% interests in the Tiberius and Logan discoveries, targeting first oil in March 2028 via an Oxy-operated floating production setup. LNG Infrastructure: Excelerate signed a seven-year charter party with Sociedad Portuaria Puerto Bahia for the FSRU Express, aiming to start LNG import service in Colombia in 1Q27, and also agreed to acquire an LNG carrier for an FSRU conversion project slated for early 2028. Renewables Circularity (Brazil): A bill in Brazil’s Chamber of Deputies would make reverse logistics mandatory for photovoltaic panels, batteries and energy storage systems, pushing manufacturers and retailers to collect and route end-of-life equipment to recycling or proper disposal. Grid & Storage Policy (Brazil): Brazil’s battery capacity auction faces regulatory debate as Aneel resists changes that could alter how battery storage costs are allocated, despite strong project registration interest. Venezuela Upstream Moves: ONGC Videsh is seeking operatorship of two Venezuelan oil blocks after receiving a US OFAC licence, aiming to take over from PDVSA and finalize new agreements with local partners. Regional Energy Diplomacy: Lula and Petro highlighted shared energy cooperation ahead of Colombia’s transition, pointing to a new offshore natural gas discovery as a boost for ties.