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March 11 (Reuters) - Colombia and Venezuela have agreed to repair a damaged section of a binational pipeline that will allow Bogota to import natural gas from its neighbor, Colombia's energy ministry said on Wednesday. The Antonio Ricaurte gas pipeline has been inactive for years. A roadmap for re-establishing operations was outlined in a meeting... Continue Reading →
March 10 (OE) X1 Wind has received a Statement of Compliance for the basic design of its X100 floating offshore wind platform from classification society DNV, marking a key milestone in the development of the company’s floating wind technology. The certification confirms that the X100 platform meets international engineering and safety standards under the DNV-SE-0442... Continue Reading →
March 9 (Reuters) - The sharp increase in energy prices as the war in the Middle East continues will drive Brazilian sugarcane processors to produce more ethanol and less sugar in the new season that will kick off in the coming weeks, analysts said on Monday. Raw sugar futures in the ICE exchange jumped more than 3%... Continue Reading →
March 9 (Reuters) The dollar surged on Monday as soaring oil prices sent investors scrambling for cash on worries that a protracted Middle East war could severely disrupt energy supplies and hurt global growth. Against the surging greenback, the euro EUR= and sterling GBP= were down roughly 1% in Asia, while the Aussie AUD= and... Continue Reading →
March 9 (valorinternational.globo.com) Uncertainty stemming from the conflict in the Middle East still makes it impossible to identify a clear oil price trend, but Petrobras’s pricing policy will not change because of the crisis, company executives said in assessing the current geopolitical environment and its effects on Brazil. They said, however, that the oil giant... Continue Reading →
March 6 (electrek.com) Aikido Technologies has unveiled a concept that combines floating offshore wind turbines, battery storage, and AI data centers on a single platform. The offshore infrastructure company says its new platform, called AO60DC, is designed to co‑locate AI-grade computing directly with renewable energy generation at sea. Wind, batteries, and AI compute on one floating... Continue Reading →
March 5 (Reuters) - China on Thursday released a new economic decarbonisation plan that seeks to put its carbon intensity reduction programme back on track, mainly by relying on its booming renewable sector to limit coal consumption and rein in emissions. China's new five-year plan, released on Thursday, called for it to reduce its carbon... Continue Reading →
March 4 (Reuters) - Brazilian sugar and ethanol producer Raizen said on Wednesday it is analysing a proposal for a Shell-led 4 billion real ($765 million) capital injection, while indicating that a solution to its debt crisis could be implemented in an out-of-court restructuring process. Raizen, a joint venture between Shell and Brazilian conglomerate Cosan, has been... Continue Reading →
March 4 (offshoreWIND.biz) The 220 MW Kitakyushu Hibikinada, Japan’s largest offshore wind farm, commenced commercial operation on 2 March. Located in the Hibikinada Sea, off the coast of Kitakyushu City, Fukuoka Prefecture, the offshore wind farm comprises 25 Vestas V174-9.6 MW turbines, the last of which was installed in autumn 2025. The project was built... Continue Reading →
March 3 (oilprice.com) South America’s largest economy, Brazil, is on track to be a top 5 global oil producer. During 2023, Brazil received an offer to join the OPEC+ price cartel, but it took until early 2025 for the government in the capital Brasilia to accept membership. This signaled a significant change in government strategy, with... Continue Reading →
Brazil Energy Insight 