Massive port infrastructure needed in SLO County to support floating offshore wind in California, new study shows

A new study shows the massive port infrastructure that could come to the Central Coast to support proposed floating offshore wind energy developments. The $250,000, seven-month-long study, which was released Thursday, was prepared by engineering consulting firm Mott MacDonald, commissioned by economic development think tank REACH Central Coast and funded by San Luis Obispo County,... Continue Reading →

December 18, 2022 0

PRIO: Dommo Option Period – Procedures and Closing Dates

Petro Rio S.A. (“Company or “PRIO”) (B3: PRIO3), following the Material Fact disclosed on the 1st of September, 3rd and 24th of October and 8th of December of 2022, informs the procedures to be observed by the shareholders and subscription warrant holders of Dommo Energia S.A. (“Dommo”) for the choice of the asset, and the date of... Continue Reading →

December 18, 2022 0

Petrobras on ANP auction result

- Petróleo Brasileiro S.A. – Petrobras informs that it has acquired the Sudoeste de Sagitário, Água Marinha and Norte de Brava blocks in the 1st Cycle of Permanent Production Sharing Offer of the National Petroleum, Natural Gas and Biofuels Agency (ANP). Petrobras has acquired the Sudoeste de Sagitário block in partnership with Shell Brasil. The... Continue Reading →

December 18, 2022 0

Colombia targets 15% oil output boost from ‘enhanced recovery’, minister says

(Reuters) - Colombia is targeting a 15% increase in crude oil output by using "enhanced recovery" technologies to take advantage of higher energy prices, even as it pushes towards decarbonization, Minister for Mines and Energy Irene Velez said in an interview. The government of President Gustavo Petro, the first leftist to lead Colombia, hopes to... Continue Reading →

December 18, 2022 0

Westwood: Highest FPS throughput capacity since 2010 greenlighted in 2022

(OET) Westwood Global Energy, an energy market research and consultancy firm, has outlined that 2022 will have the highest floating production system (FPS) throughput capacity sanctioned since 2010, despite major project delays caused by multiple factors, including the supply chain inflationary pressure, which remains a concern in the future as well. Within its review of the... Continue Reading →

December 16, 2022 0

ANP green lights sale of the Carmopolis Cluster to the Cobra Group

(PN) The National Petroleum Agency (ANP) authorized the sale of Polo Carmopolis, a Petrobras asset located in the Sergipe-Alagoas Basin, to Carmo Energy (a company of the Spanish group Cobra). According to the ANP decision, Carmo Energy must present a financial guarantee or a term guaranteeing the decommissioning of the fields involved. The agency also... Continue Reading →

December 16, 2022 0

3R Petroleum November 22 production data

3R PETROLEUM ÓLEO E GÁS S.A. (“3R” or “Company”), following best practices in Corporate Governance, informs its investors and the market in general the preliminary unaudited production data for November 2022 in the assets that the Company holds participation. (1) Refers to the 35% Interest held by 3R in Pescada Cluster concessions. (2) Approximately... Continue Reading →

December 16, 2022 0

Spain’s Repsol buys renewable energy firm Asterion Energies for 560 mln euros

(Reuters) - Spanish oil company Repsol (REP.MC) said on Friday it was buying renewable energy firm Asterion Energies, which has assets in Spain, Italy and France, for 560 million euros ($596 million) plus contingent payments of up to 20 million euros. Three sources with knowledge of the matter had told Reuters in October that both Repsol and French utility... Continue Reading →

December 16, 2022 0

Petrobras CEO prospect pitches an expansive vision for oil giant

(Reuters) - Brazil's state oil producer Petroleo Brasileiro SA needs to invest more in natural gas and set a path to return to its former role as an integrated energy provider, one of the top prospects to be Petrobras CEO told Reuters in an interview. Magda Chambriard, a former Brazil oil regulator, also said she does not... Continue Reading →

December 16, 2022 0

Strohm secures €15 million investment to support its TCP solutions

Dutch thermoplastic composite pipe (TCP) producer Strohm has completed the largest funding round in the company’s 15-year history by securing a €15 million investment to support its TCP solutions. The €15 million investment includes a €10 million commitment made by ING Corporate Investments (a 100% subsidiary of ING Bank), the Netherlands’ largest financial institution, as... Continue Reading →

December 16, 2022 0