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(PN) A new and important step by Enauta in its drilling program in the Atlanta field, in the Santos Basin. The operator announced today that well 7-ATL-5H-RJS (also called 5H) was connected to FPSO Petrojarl I and entered into operation. The new well is in the ramp-up phase, which should be completed by next weekend.... Continue Reading →
While the global energy crisis marked 2022, efforts to propel the energy transition forward in a bid to usher in a sustainable energy future continued gaining momentum. As a result, last year was also a bumper year for carbon capture, utilization, and storage (CCUS), according to the International Energy Agency (IEA), as more than 140 new... Continue Reading →
(Reuters) - Portugal will launch a pioneering auction in the second half of this year for rights to sell hydrogen for injection into the national gas grid, which some see as a key step in kickstarting Europe’s fledgling hydrogen market. Under the terms of the auction, energy group Galp Energia will contract to buy hydrogen... Continue Reading →
(Reuters) - Tokyo Electric Power Company Holdings (TEPCO) (9501.T) said on Monday that it had won the rights to develop up to 1.9 gigawatts (GW) of floating offshore wind capacity across two projects in Scotland together with Norway-based company Vargronn. Many once-conventional energy and power companies around the globe are switching their attention to renewable energy, such... Continue Reading →
(Reuters) - A record 680 gigawatts (GW) of wind energy capacity is expected to be installed by 2027 but policymakers need to ensure supply chain bottlenecks do not slow growth to avoid missing climate targets, according to an industry report released on Monday. The Global Wind Energy Council (GWEC) report said policies have set the... Continue Reading →
The French government has selected Energies du Méridien, a new offshore wind consortium comprising Corio Generation and Qair, to take part in upcoming offshore wind project tenders totaling about 2.5 GW. French Directorate General for Energy and Climate has shortlisted the consortium for two fixed-bottom offshore wind tenders that were launched in parallel in December... Continue Reading →
The government of Canada has, together with the government of Nova Scotia and the government of Newfoundland and Labrador, launched the start of the regional assessments of offshore wind development in the two provinces. The recently released Agreement and Terms of Reference outline how the assessments will be conducted, and sets out their goals, objectives,... Continue Reading →
Brazilian Ministry of Mines and Energy (MME) is setting the wheels into motion to launch a program, which would step up investments in oil and natural gas exploration to promote regional development and foster national production while making Brazil the fourth largest oil producer in the world. To this end, Brazil’s Minister of Mines and... Continue Reading →
Colombian majority state-owned energy company Ecopetrol on Friday named Alberto Consuegra as its interim CEO, taking over from Felipe Bayon who stands down at the end of the month following more than five years in the top position. Ecopetrol announced in January that Bayon would leave, with his departure representing a shake-up for Colombia's biggest company... Continue Reading →
Boosting German power transmission lines to accommodate a shift to zero-carbon generation industry will require 14,197 km (8821.61 miles) of new networks costing billions of euros, the country's high voltage grid firms (TSOs) said on Friday. A rolling development plan presented for public consultation by the four companies calls for additional investments of 128.3 billion... Continue Reading →
Brazil Energy Insight 