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05 Oct 26 |
Suncor to divest non-core offshore assets and increase shareholder returns Suncor Energy has entered into a definitive agreement to sell its 48% interest in Terra Nova, 40% interest in White Rose and 38.6% interest in West White Rose offshore assets to Ithaca Energy for $1.2 billion (US$860 million) of upfront cash and an additional contingent payment of up to $350 million (US$250 million), based on future oil prices. |
05 Oct 26 |
Brazil: Petrobras makes new oil discovery in ultra-deep waters off the Coast of Amapá Petrobras has found another oil-bearing interval in the Morpho well (1-BRSA-1405-APS), which constitutes a new discovery in block FZA-M-59, located in ultra-deep waters off the coast of the state of Amapá, at a water depth of 2,886 meters. |
04 Oct 26 |
The President of the Republic of Argentina, Javier Milei, meets Eni CEO Claudio Descalzi The President of the Republic of Argentina, Javier Milei, met October 2 in Paris with Eni Chief Executive Officer Claudio Descalzi on the sidelines of the institutional and industrial events organized as part of Argentina Week. During the meeting, the parties discussed prospects for cooperation in the energy sector and investment opportunities in Argentina, with particular focus on the development of the country’s gas resources and projects aimed at strengthening its role in international energy markets. |
04 Oct 26 |
Brazil: Petrobras surpasses R$700 billion in market value and breaks record after new discovery in Amapá Petrobras hit its record market value on October 2nd, 2026, reaching R$ 700.08 billion at the close of trading on B3, the São Paulo Stock Exchange. It was the first time in history that the company surpassed the R$ 700 billion mark. The upward movement was driven by the announcement of a new oil discovery in ultra-deep waters, in the Sedimentary Basin of the Amazon River Mouth Basin, on the Brazilian Equatorial Margin. |
