Petrobras Removes Offshore Wind Energy Project in Espírito Santo from Business Plan

Dec. 11 (agazeta.com.br) Petrobras has restructured its low-carbon energy portfolio, reducing its ambition in renewable generation projects and positioning offshore wind energy as a long-term priority. In line with this new strategy, which prioritizes balancing demand and regulatory market evolution, the company maintained only one pilot project in Rio de Janeiro, thus removing broader development... Continue Reading →

December 11, 2025 0

Ørsted’s Largest German Offshore Wind Farm Produces First Power

Dec. 4 (OE) The Borkum Riffgrund 3 offshore wind farm, jointly owned by Ørsted and Nuveen Infrastructure, has started delivering power to the German grid. The 913 MW offshore wind farm delivered its first power to the grid on December 3, 2025. The renewable electricity from Borkum Riffgrund 3 will, through several long-term corporate power... Continue Reading →

December 4, 2025 0

Energy Transition’ Future: Fractured, Bumpy and Long

Nov. 17 (Reuters) As COP30 kicks off its second week in Brazil, much has changed since the landmark Paris climate agreement was penned 10 years ago.The spirit of cooperation that once reigned has been shattered by economic rivalries and a stark divergence in climate policies among the world’s biggest polluters.The landmark UN COP21 climate agreement... Continue Reading →

November 17, 2025 0

Study: Allseas SMR Tech Seen as Key Maritime, Industry Decarbonization Tool

Nov. 17 (OE) Allseas’ small modular reactor (SMR) technology could generate up to $150 million billion in economic value for the Netherlands and create as many as 40,000 new jobs by 2050, according to an impact study released on Monday by the offshore engineering group. The study, conducted by consultancy Roland Berger, found that deploying... Continue Reading →

November 17, 2025 0

Ørsted Achieves 2025 Decarbonisation Target, Slashes Emissions by 98 Per Cent

Nov. 12 (offshoreWIND.biz) Ørsted has reduced its carbon emissions by 98%, becoming the first energy company in the world to achieve its science-based 2025 decarbonisation target, the Danish firm announced on 12 November. Renewable energy accounts for 99 per cent of the company’s energy production, while its scope 1 and scope 2 emission intensity has... Continue Reading →

November 12, 2025 0

Energy Transition Stalls 10 Years After Paris Agreement – COP30

Nov. 2 (oilprice.com) Ten years after the landmark Paris Agreement to pursue net-zero emissions by 2050, the world faces a slowing transition to clean energy despite record-breaking renewable capacity installations. Much has changed in the energy systems in the decade since the Paris Agreement was signed in 2015. These systems faced a global pandemic, the... Continue Reading →

November 3, 2025 0

Equinor’s Q3 Profit Misses Analyst Estimate Amid Lower Oil Prices

Oct. 29 (oilprice.com) Equinor booked lower-than-expected earnings for the third quarter as liquids prices dropped from a year earlier. The Norwegian energy major on Wednesday reported an adjusted operating income of $6.21 billion for the third quarter of 2025, lower than the company-provided consensus of 21 analysts who had expected $6.31 billion, and below the $6.89 billion booked in... Continue Reading →

October 29, 2025 0

Britain announces $1.45 billion budget for offshore wind auction

Oct 27 (Reuters) - Britain is offering a smaller budget for offshore wind in its next auction round to spur investment in renewable power capacity, government documents showed on Monday, with one analyst saying the country will struggle to meet its clean power targets. Documents released on Monday showed the next auction round will have... Continue Reading →

October 27, 2025 0

Maersk tests Brazilian ethanol mix to make cleaner maritime fuel

Oct 20 (Reuters) - Danish shipping company Maersk is testing a blend of Brazilian ethanol with methanol and marine diesel - known as "bunker" - for its vessel engines as part of its efforts to further decarbonize operations, the company announced on Monday. WHY IT'S IMPORTANT The initiative could open a new market for Brazil's ethanol... Continue Reading →

October 23, 2025 0

Equinor Starts Production at Bacalhau Field Offshore Brazil

Oct. 16 (OE) Equinor and its partners has started production from the large Bacalhau field in Brazil, whose recoverable reserves exceed 1 billion barrels of oil equivalent (boe). Bacalhau is located in the pre-salt region of Brazil's Santos Basin in ultra-deep water of over 2,000 meters. The field features one of the most modern floating... Continue Reading →

October 16, 2025 0