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(Reuters) - France's EDF is weighing options to bring in capital to both its North American and Brazilian renewables businesses, a company spokesperson said on Wednesday, which could include stake sales of as much as 50%. The comments followed a report by Bloomberg News citing people familiar with the matter as saying the state-owned utility... Continue Reading →
(OE) Perenco has completed the acquisition of the Greater Angostura producing oil and gas assets and associated production facilities from Woodside Energy in Trinidad and Tobago. The finalization of the deal, combined with Perenco’s existing operation of the Teak, Samaan and Poui (TSP) and Cashima, Amherstia, Flamboyant and Immortelle (CAFI) fields, aligns Perenco as a... Continue Reading →
(Reuters) - Brazil's state-run oil firm Petrobras is weighing options for its Polo Bahia onshore oil fields, including a potential sale, Chief Executive Magda Chambriard said on Saturday, adding that any decision will prioritize returns and shareholder interests. The Polo Bahia hub, consisting of some 28 onshore fields, was previously listed for sale under former President... Continue Reading →
(Reuters) Italian energy group Eni has sold a 20% stake in its retail and renewables business Plenitude to U.S. alternative investment manager Ares Management Corp for about 2 billion euros ($2.3 billion), it said on Monday. The transaction is part of the Italian group's long-term strategy to find partners to jointly develop its businesses and... Continue Reading →
(Reuters) Petrobras aims to make Africa its main region of development outside Brazil, the state-run oil giant's CEO told Reuters on Thursday during a wide-ranging interview about the company's strategy. Ivory Coast has extended the "red carpet" for Petrobras to explore deep and ultra-deep waters off its coast, when it gave the company preference in... Continue Reading →
By STEVEN GRATTAN Associated Press (AP) — Colombia’s ambitious plans for wind energy development, especially in the resource-rich La Guajira region, are facing serious setbacks as major companies pull out and projects stall, industry experts say. Margarita Nieves, director of the Colombian Offshore Wind Research Network, told The Associated Press that despite large targets — including... Continue Reading →
SBM Offshore has signed a share purchase agreement for the full divestment of its equity interest in the lease and operating entities of the Aseng floating production, storage and offloading (FPSO) unit to GEPetrol. SBM Offshore’s exit from Equatorial Guinea will take place following an operational transition phase lasting up to 12 months. According to... Continue Reading →
(Reuters) - Brazilian electric company Eletrobras has tapped investment bank BTG Pactual (BPAC3.SA), opens new tab to advise on the sale of its remaining stake in state-run nuclear power generator Eletronuclear, said three sources familiar with the deal. Following its privatization in 2022, Eletrobras ceased to be the controlling owner of Eletronuclear but remained a minority partner... Continue Reading →
(Reuters) - Colombian state-run oil company Ecopetrol said on Tuesday it agreed to buy 10 wind and solar energy project development companies from Norway's Statkraft. Ecopetrol CEO Ricardo Roa said the portfolio of projects could total up to 1.3 gigawatts in capacity, but did not disclose the value of the transaction. Statkraft bought the assets last... Continue Reading →
BRAVA ENERGIA S.A. (“BRAVA” or “Company”) (B3: BRAV3), pursuant to CVM Resolution No. 44, further to the material facts disclosed on December 27, 2024, January 10, 2025, and March 6, 2025, hereby informs its investors and the general market that, today, the Company has decided to terminate the negotiations related to the divestment process onshore... Continue Reading →
Brazil Energy Insight 