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(Reuters) Brazil's environment protection agency Ibama is expected to decide by early next year if state-run oil company Petrobras PETR4.SA can drill near the mouth of the Amazon River, Ibama's president Rodrigo Agostinho said on Wednesday. The area is part of Brazil's Equatorial Margin, which Petrobras considers its most promising new frontier for oil and... Continue Reading →
(OW) Iberdrola France has launched its platform to identify and collaborate with companies committed to renewable energy and offshore wind for upcoming calls for tenders. According to Iberdrola, the company’s goal is to integrate new partners into the Iberdrola France network to facilitate collaboration on territories and future offshore wind projects. Iberdrola France is organising... Continue Reading →
(Reuters) Recent decisions in the United States and Britain to accept higher prices for offshore wind developments are a welcome sign that authorities are adjusting to higher costs in the industry, Equinor's head or renewables said on Tuesday. "I believe that politics and markets will adjust, and that is also necessary in order to keep... Continue Reading →
(Reuters) South Korea's Ministry of Trade, Industry and Energy said on Wednesday that British-based offshore wind firm Corio Generation and BP have submitted investment plans for wind farm projects in South Korea totaling $1.16 billion. The projects, which had been in the works, are additional signs of carbon-free energy cooperation between Britain and South Korea... Continue Reading →
(OE) Brazilian oil company Petrobras and Norwegian marine seismic services firm Shearwater have entered into a collaborative technology agreement aiming to reshape seismic exploration and field developments. This multi-year strategic partnership is set to evolve the seismic industry to new levels of performance, Shearwater said Wednesday. Central to this endeavor is Shearwater’s marine vibrator, with... Continue Reading →
(Reuters) - Argentina persuaded a U.S. judge not to enforce a $16.1 billion judgment arising from the government's 2012 seizure of majority control in oil company YPF (YPFD.BA) while the cash-strapped country appeals the judgment. In a decision on Tuesday, U.S. District Judge Loretta Preska in Manhattan agreed to suspend enforcement until Dec. 5 without requiring Argentina... Continue Reading →
(Bloomberg) — On a platform 140 kilometers (87 miles) off the coast of Norway, Crown Prince Haakon held two power cables connected to scale models: the first was a wind turbine, the second an oil rig. Behind him, the world’s biggest floating offshore wind farm was just visible on the horizon, an engineering marvel that... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the Material Fact of 08/03/2023, informs that it has paid today the first installment of the remuneration to shareholders for the second quarter of 2023. The gross amount distributed today is R$ 0.209176 per common and preferred share in the form of dividends and R$ 0.365476 per... Continue Reading →
(Reuters) -Officials in the Brazilian government have been discussing a possible replacement of the CEO of state-run oil company Petrobras, as they are unhappy with the firm's direction, two sources with knowledge of the matter told Reuters. President Luiz Inacio Lula da Silva has shown dissatisfaction with certain actions taken by CEO Jean Paul Prates.... Continue Reading →
Petróleo Brasileiro S.A – Petrobras, following the Material Fact of 11/09/2023, informs that, as a result of the share buyback program, there was a change in the number of treasury shares. Thus, the gross value of dividends and interest on equity per share to be paid based on the balance sheet as of September 30,... Continue Reading →
Brazil Energy Insight 