The head of Brazil’s state oil firm Petrobras said it will sign a memorandum of understanding with mining giant Vale to study potential joint ventures in renewable energy, even as looks to new suppliers for diesel

Vista, the second-largest producer of unconventional oil in Argentina, plans to put a total of 138 new “shale oil” wells into production between 2024 and 2026

Brazilian state-run oil company said it has decided to halt some key asset sales after concluding a broad revision of divestment processes, which were launched during the country’s previous administration

Britain committed to granting hundreds of licences for North Sea oil and gas extraction as part of efforts to become more energy independent

The U.S. government will provide up to $1.55 billion in funding to monitor and reduce methane emissions from the oil and gas sector

US oil and gas mergers surged last quarter with the most $1 billion plus combinations since 2014, as rising energy and share prices led to larger oilpatch deals

Argentine energy firm Compañía General de Combustibles (CGC) said it had acquired the local operation of China’s Sinopec Group, helping it increase its production to over 50,000 barrels of oil equivalent per day

Israeli pipeline company EAPC said it had signed a preliminary deal to help transport oil from the United Arab Emirates to Europe via a pipeline that connects the Red Sea city of Eilat and the Mediterranean port of Ashkelon

Ecuador’s government will allow private companies to import and sell some fuels for industrial and commercial use, ending a monopoly state-owned Petroecuador had in the sector, the energy ministry said

The energy industry is set to suffer a record drop in investment due to the coronavirus fallout, the IEA said, and while renewables are likely to fare better than oil, any swift economic recovery could create a global fuel crunch