Brazilian tie-back project charges full steam ahead

Brazilian oil and gas company PRIO, formerly known as PetroRio, has received the installation license for a tie-back project in Brazil’s Campos basin. FPSO Valente (formerly known as FPSO Frade) operating in the Frade field off Brazil; Source PRIO...

Oil prices steady after Israeli strike on Hamas in Qatar

Israel issued an airstrike on Doha, Qatar, on September 9, 2025. Oil prices only rose modestly. This is considered unusual in light of the recent conflicts, which suggest an international supply-demand imbalance, evident in the minor production...

Brazil’s Financial Morning Call for September 16, 2025

Brazil’s financial markets are navigating a complex environment shaped by domestic economic slowdown and global monetary policy shifts. The IBC-Br Economic Activity Index contracted by 0.5% in July, exceeding expectations of a 0.2% decline,...

Mexican envoy sees momentum for Korea-Mexico FTA, urges stronger private sector ties

Mexican Ambassador to Korea Carlos Penafiel Soto said the time is ripe to revive negotiations on a long-stalled free trade agreement (FTA) between the two countries, emphasizing the need for stronger communication and integration between...

Is the U.S. at War With Venezuela? Latest Strike Raises Legal Concerns

The new Department of War logo is seen in the Pentagon after President Donald Trump signed an order to rename the Department of Defense, on Sept. 15, 2025. Credit - Celal Gunes—Anadolu/Getty Images President Donald Trump ordered a strike on a...

COMMENTARY: Boat attack shows Trump doesn’t know what he wants in Venezuela

On Sept. 2, the Donald Trump administration killed 11 people by destroying a boat that allegedly was being used by the Venezuela-based Tren de Aragua gang to transport narcotics to the United States. The strike came with a message from Secretary...

104th Fort Madison Mexican Fiesta celebrates trailblazers and spirit of community

The 104th Fort Madison Mexican Fiesta wrapped up after three days of fun and cultural celebration on Saturday, and attendees had no shortage of activities to enjoy. Held every year for over a century now on the block of 34th Street and Avenue O,...

Gate Energy wins commissioning gig for BP's Kaskida FPU

Gate Energy has been selected to provide commissioning services for BP's Kaskida floating production unit, in close collaboration with Singapore’s Seatrium, the engineering, procurement and construction (EPC) solutions provider for the project....

Devastated family break their silence after Melbourne pilot dubbed The Broker mysteriously died in a Brazilian plane crash surrounded by 200kg of cocaine - but they thought he was alive...and in AFRICA

The heartbroken family of an Australian pilot killed in Brazil during a suspected drug drop believed he was alive and well, living 7000km away in South Africa. Timothy James Clark, 46, was flying over Coruripe, on the coast of the Alagoas region...

IEA: Oil & gas decline rates sound the alarm over global energy security risks

Given the accelerated decline in hydrocarbon production rates, a new report from the International Energy Agency (IEA) has warned about the supply risks that output drops carry, as ignoring them has the potential to undermine energy security,...

AEOI chief meets Venezuela’s deputy science minister

Eslami and Quintero met on the sidelines of the 69th regular session of the General Conference of the International Atomic Energy Agency (IAEA) in Vienna. During the meeting, the two sides discussed joint cooperation between the two countries in...

IAEA warns global oil, gas output decline accelerating without fresh investment

LONDON : In its latest report, the IAEA cautioned that without continued investment in existing fields, the world could lose the equivalent of Brazil and Norway’s combined production each year, posing serious risks to energy markets and security....

The IEA reports that the decline rates of global oil and gas fields are increasing.

International Energy Agency reported on Tuesday that the natural rate of decline for oil and gas production is increasing, due to a greater reliance on deep-ocean and shale resources. The International Energy Agency said on Tuesday that companies...

IEA Reverses Course on Oil and Gas Investment

The world needs to develop new oil and gas resources just to keep output flat amid faster declining rates at existing fields, the International Energy Agency (IEA) said on Tuesday in a major shift in its narrative from 2021 that ‘no new...

Del Llano Farms™ Achieves Seed Oil Free Certification

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Sep 16, 2025-- Del Llano Farms ™, a third-generation regenerative farm and leading producer of seedless tropical oils, has been officially certified by the Seed Oil Free Alliance. This milestone marks the...

In Oil-Rich Guyana, Ali’s Landslide Reelection Masks Simmering Challenges

Guyanese President Irfaan Ali waves after voting during general elections in Leonora, Guyana, Sept. 1, 2025 (AP Photo/Matias Delacroix). The last time Guyana held elections in 2020, bitter disputes over the results lasted for months, straining the...

Shipping invoice on Saudi, China oil route hits highest level in 2.5 years

Shipping costs for oil from Saudi Arabia to China just jumped to $87,000 a day, the highest rate in two and a half years, according to Bloomberg. That’s the current price tag for moving 2 million barrels on one of the world’s biggest tankers. It’s...

BP puts Gate Energy on commissioning duty for its deepwater FPU

BP Exploration & Production, a subsidiary of the UK-based energy heavyweight BP, has picked Gate Energy, a Houston-based engineering, commissioning, and field services player, to handle the commissioning scope of its semi-submersible floating...

Atiku Abubakar Urges Caution on Petroleum Industry Act Amendments and Oil Sector Divestments

In a recent statement that has sparked widespread discussion across Nigeria’s political and economic spheres, former Vice President Atiku Abubakar has issued a stern warning to the Federal Government of Nigeria regarding proposed amendments to the...

Democrats plan to force Senate vote on Trump's tariffs on Canada, Brazil

Home > Article VOL. 49 | NO. 38 | Friday, September 12, 2025 WASHINGTON (AP) — Democrats are planning to force two Senate votes on President Donald Trump's tariffs in the coming weeks, keeping pressure on Senate Republicans as many of them have...