Aug.14 (cleantechnica.com) A new report by Carbon Brief contains some pretty interesting news. It says China’s exports of clean energy technologies such as solar panels, batteries, and electric vehicles are helping to cut emissions in other countries. In 2024, those exports helped reduce global emissions outside of China by 1% and will avoid some 4 billion tons... Continue Reading →
Italy’s Eni Posts 25% Drop in Quarterly Profit
(Reuters) Italian energy group Eni said on Friday its second-quarter earnings fell 25% year-on-year as lower oil prices and a weaker dollar overshadowed a better-than-expected performance at its gas business. Adjusted net profit came in at 1.13 billion euros ($1.33 billion) between April and June, down from 1.52 billion euros in the same period of... Continue Reading →
Top UN court says treaties compel wealthy nations to curb global warming
July 23 (Reuters) - The United Nations' highest court on Wednesday told wealthy countries they must comply with their international commitments to curb pollution or risk having to pay compensation to nations hard hit by climate change. In an opinion hailed by small island states and environmental groups as a legal stepping stone to make... Continue Reading →
Global oil and gas emissions standard put on pause after Shell, others walk away, FT says
(Reuters) Shell and other leading energy groups have abandoned a six-year-long attempt to define a net zero emissions strategy after being told that such a standard would require them to stop developing new oil and gas fields, the Financial Times reported on Tuesday, citing documents seen by the newspaper. Shell, Norway's Aker BP and Canada's Enbridge... Continue Reading →
Work Starts on Brazil’s First Offshore Wind Project, Pilot Expected to Come Online in 3 Years
(offshoreWIND.biz) Brazil’s SENAI Institute of Innovation in Renewable Energy (ISI-ER) and SENAI’s Rio Grande do Norte branch, SENAI-RN, expect to receive the installation permit for their pilot project, the country’s first offshore wind project to be granted a preliminary licence, within 12 to 18 months and to have it operational within 36 months. Following the... Continue Reading →
Petrobras Sustainability Report
Petrobras published its Sustainability Report, providing a snapshot of the company's progress in its journey towards the Fair Energy Transition in 2024. The investment of US$16.3 billion in low-carbon projects over the next 5 years, the generation of 315 thousand jobs in the same period and the reduction of 40% in absolute CO2e emissions since... Continue Reading →
P-80 FPSO set to work at world’s ‘largest deepwater field’ ready for next construction stage
(offshore-energy.biz) Singapore’s offshore marine solutions company PACC Offshore Services Holdings (POSH), part of the Kuok Maritime Group, has completed the towing of a hull for a floating production storage and offloading (FPSO) unit from China to Singapore. The vessel is slated to work at a Brazilian deepwater field with Brazil’s state-owned energy giant, Petrobras. Towed by... Continue Reading →
EFEN AND WILSON SONS CONDUCT FIRST-EVER HVO FUELLING AT VAST’S TERMINAL IN THE PORT OF AÇU
In late March, efen and Wilson Sons carried out the first HVO (hydrotreated vegetable oil) fuelling operation in Brazil’s maritime sector. The operation was conducted at the Açu Liquid Bulk Terminal (TLA), owned by Vast Infraestrutura. Approved in February by Brazil’s National Agency of Petroleum, Natural Gas and Biofuels (ANP), this is the first HVO... Continue Reading →
First Wind-Powered Offshore Gas Platform Loaded Out in the Dutch North Sea
(OE) The N05-A platform is the first offshore gas platform in the Dutch North Sea to be powered entirely by wind power – harnessing electricity via cable from the nearby 113.4 MW Riffgat offshore wind farm. The platform is part of the GEMS (‘Gateway to the Ems’) project, which focuses on developing field N05-A and other fields in the... Continue Reading →
SBM Offshore, Petrobras to Assess Application of Carbon Capture Tech on FPSOs
(OE) SBM Offshore and Petrobras have signed an agreement to study the application of carbon capture modules on floating production, storage, and offloading (FPSO) units. The module design is based on an engineering and design study between SBM Offshore and Mitsubishi Heavy Industries (MHI), qualified by DNV. It is based on a combination of MHI’s... Continue Reading →