Trying to right the Petrobras ship
Brazil's oil major is on the course of recovery, but has a long way to go
The one-two punch of the multi-billion dollar Lavo Jato (Carwash) corruption scandal followed by a collapse in the oil price was punishing for Petrobras, leaving the company's reputation and balance sheet in tatters. The task of putting it all back together and delivering its promise of world-beating production growth has fallen to new chief executive Pedro Parente. It's a monumental ask, but the company might have put the worst behind it. Start with the upstream business, where the company's fortunes ultimately lie. After years of disappointingly stalled output, Petrobras is at last starting to reap the gains from years of heavy investment in its pre-salt oilfields. Three new floating, prod
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20 February 2026
The country is pushing to increase production and expand key projects despite challenges including OPEC+ discipline and the limitations of its export infrastructure
20 February 2026
Europe has transformed into a global LNG demand powerhouse over the last few years, with the fuel continuing to play a key role in safeguarding the continent’s energy security, Carsten Poppinga, chief commercial officer at Uniper, tells Petroleum Economist
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Sempra Infrastructure’s vice president for marketing and commercial development, Carlos de la Vega, outlines progress across the company’s US Gulf Coast and Mexico Pacific Coast LNG portfolio, including construction at Port Arthur LNG, continued strong performance at Cameron LNG and development of ECA LNG
19 February 2026
US LNG exporter Cheniere Energy has grown its business rapidly since exporting its first cargo a decade ago. But Chief Commercial Officer Anatol Feygin tells Petroleum Economist that, as in the past, the company’s future expansion plans are anchored by high levels of contracted offtake, supporting predictable returns on investment
