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March14 (newbedfordlight.org) A crew of Americans and Europeans, assisted by a heavy lift crane and high-tech bolting tools, hoisted and secured the 186th and final blade at Vineyard Wind on Friday, closing the lengthy chapter on the project installation, and cementing the “Forever First” project as the second but now largest commercial-scale offshore wind farm... Continue Reading →
March 14 (offshoreWIND.biz) Revolution Wind has begun delivering electricity to the New England grid, Ørsted, which owns the US offshore wind farm together with Skyborn Renewables, said on 14 March. The offshore wind farm comprises 65 Siemens Gamesa SG 11.0-200 DD wind turbines and powers Rhode Island and Connecticut. Once fully commissioned, the 704 MW... Continue Reading →
March 12, 2026 – Petróleo Brasileiro S.A. – Petrobras announces that its Board of Directors, at a meeting held today, approved the company’s adherence to the economic subvention for the commercialization of road diesel oil in Brazil’s national territory, established by Provisional Measure (MP) No. 1,340, dated March 12, 2026. Given the optional nature of... Continue Reading →
March 15 (Reuters) Venezuela and Spanish energy group Repsol have signed "strategic agreements," the government of the South American country said in a statement on Thursday. Speaking on state-run television, acting President Delcy Rodriguez said the agreement will allow for gas production at Cardon IV, which is a 50-50 joint venture between Repsol and Italy's... Continue Reading →
March 12 (Reuters) - Brazil's government scrapped taxes on diesel while imposing a levy on oil exports in a move on Thursday that could affect state-run oil firm Petrobras , as the country seeks to soften the blow of the recent spike in global oil prices. President Luiz Inacio Lula da Silva's administration said the... Continue Reading →
March 12 (offshoreWIND.biz) Spanish energy company Iberdrola has registered a public takeover bid to acquire the remaining shares of its Brazilian subsidiary Neoenergia, aiming to reach full ownership of the company. Iberdrola, which now officially submitted documentation to the Brazilian Securities and Exchange Commission (CVM) and Novo Mercado (Brazilian Stock Exchange – B3), launched the... Continue Reading →
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 →
Brazil Energy Insight 