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Oil Firms Brace for Impact as Brazil Revamps Tax Benchmark

OilPrice

Brazil has revised its rules for setting the reference price for crude oil produced in the country in a bid to boost government revenues from royalties paid by oil companies operating in Brazil. The new rules will take effect from September, affecting royalty distribution in November.

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Chevron’s return to Venezuela fuels controversy over oil payments to Maduro

Oil & Gas 360º

(Oil Price) – Chevron will transfer part of the oil it produces in Venezuela to the Maduro government, Bloomberg has reported , citing unnamed sources. granting a sanction exemption to the supermajor so it could continue operating in Venezuela. federal government from making any cash payments to the Venezuelan government.

Oil
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Entropy Enters Definitive Agreement to Purchase Strategic Carbon Storage Assets

Oil & Gas 360º

” Entropy Operational Update Entropy continues its successful operations and scale-up of carbon capture and sequestration operations at the Glacier gas plant. Entropy anticipates Glacier Phase 2 will reach commercial operations by Q2 2026. GJ/Tonne CO 2 captured. About Entropy Inc.

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Texas oil and gas jobs increased in May despite market turmoil, new report says

Oil & Gas 360º

Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) has highlighted new employment figures showing an increase in upstream employment in Texas in the month of May. (World Oil) – Citing the latest Current Employment Statistics (CES) report from the U.S.

Gas
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One-on-One meeting requests now open for registered investment professionals

Oil & Gas 360º

The event brings together the global energy investment community to connect with executive leadership across the energy value chain with nearly 80 companies participating in the conference with operations spanning the globe. Qualified investment professionals may register at no cost. London, Mexico City, and Shanghai.

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Energy Transition Meets Emerging Tech on August 20th at EnerCom’s 30th Anniversary Energy Investment Conference

Oil & Gas 360º

The company will be sharing case studies showing where Teren’s high-fidelity terrain data and predictive analytics are already saved clients millions annually by identifying and mitigating environmental threats before they impact operations. The company estimates there to be over 2.5

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Unforgettable Networking & Entertainment Await at 30th Anniversary EnerCom Denver 2025! August 17–20, 2025

Oil & Gas 360º

The event that brings together the global energy investment community to connect with executive leadership across the energy value chain with nearly 80 companies participating in the conference with operations spanning the globe. London, Mexico City, and Shanghai.