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Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 07/12/2022, informs that its Executive Board approved adjustments to the competitive process for the sale of all of its 18.80% stake in UEG Araucária S.A. (UEGA), with the end of the current phase and the restart of the process. In this process, Petrobras... Continue Reading →
(Reuters) - Brazilian President-elect Luiz Inacio Lula da Silva will appoint Senator Jean Paul Prates of his Workers Party to be the next chief executive of state-run oil company Petrobras (PETR4.SA), a member of his transition team said on Thursday. Deyvid Bacelar, the head of oil workers' union FUP, revealed Lula's choice on social media minutes... Continue Reading →
Marubeni said Thursday it had started commercial operation at the Noshiro Port offshore wind farm in Japan on December 22, 2022, based on the feed-in tariff program for renewable energy. Marubeni Corporation has been implementing this first utility-scale offshore wind power project in Japan at Akita Port and Noshiro Port in Akita Prefecture, through the... Continue Reading →
RWE and Harbour Energy have established a partnership to investigate options to capture, transport and store CO2 from RWE’s gas-fired power stations via Viking CCS, Harbour Energy’s CO2 transport and storage network. The partnership is expected to lead to the transportation and storage of captured CO2 from RWE’s 1.7 GW Staythorpe Combined Cycle Gas Turbine (CCGT) power station... Continue Reading →
Poland and the three Baltic countries, Estonia, Latvia and Lithuania, present a significant opportunity to expand offshore wind generation beyond the Baltic waters of Denmark, Germany and Sweden. Driven by the need to decarbonize energy supply and increase energy security, Poland and the Baltics can be seen as both a single opportunity for the supply... Continue Reading →
(Reuters) - Octopus Energy’s generation arm said on Thursday it is investing in Spanish-headquartered renewables developer FF New Energy Ventures (FFNEV) to expand activities in Spain and enter the Portuguese market for the first time. The investment also aims to accelerate expansion into Latin America in the future, the firm said. Financial details of the... Continue Reading →
(Reuters) - The green hydrogen express is gathering pace, but it may have a worrying problem with leaks. As governments and energy companies line up big bets on the much-touted fuel of the future, some scientists say the lack of data on leaks and the potential harm they could cause is a blind spot for... Continue Reading →
(OE) NOV has signed contracts with China's CIMC Raffles to design and equip a self-propelled wind turbine installation jack-up vessel for the Norwegian offshore wind services company Havfram NOV, until recently known as National Oilwell Varco, will supply the GustoMSC NG-20000X wind installation vessel design. NOV entered the offshore rig & vessel design arena through the... Continue Reading →
(OE) German renewable energy firm RWE has selected Port of Blyth as offshore construction base for its 1.4 GW Sofia Offshore Wind Farm, one of the world’s largest offshore wind projects. "Commissioned in December 2000, Blyth was home to the UK’s first offshore wind turbine pilot project, operated at the time by E.ON Climate and... Continue Reading →
(OE) Swedish energy firm Vattenfall said Wednesday that the capacity for the Norfolk Offshore Wind Zone in the UK would be increased to more than 4 4.2 GW. Vattenfall said that the expansion would not have any extra impact on local residents, with the construction taking place within existing plans. Vattenfall says that the capacity... Continue Reading →
Brazil Energy Insight 