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(Reuters) - The United States and Mexico are working through disputes involving American companies in the Mexican energy sector worth more than an estimated $30 billion in investment, the U.S. ambassador to the country said on Wednesday. In an interview with Reuters, Ambassador Ken Salazar said his government was making progress in resolving problems affecting... Continue Reading →
(Reuters) - Consumers can expect fuel prices at the pump to remain high into next year due to disruptions to Russian oil supplies and as refineries struggle to meet demand recovering from the pandemic, consultancy Wood Mackenzie said. The pressure should ease in the second half of next year when several new large refineries including... Continue Reading →
(OE) A new report from the International Energy Agency (IEA) estimates that if there was a concerted, global effort to eliminate unnecessary flaring and control leaks across the supply chain, there would be nearly 210 billion cubic meters (bcm) of natural gas could be made available to gas markets. Russia’s war with Ukraine has sent energy... Continue Reading →
(Reuters) - BP (BP.L) is beefing up its hydrogen management team as the energy company prepares to accelerate investments in the low-carbon fuel which it believes will play a key role in the world's shift away from fossil fuels. The revamp of the hydrogen team is the first clear sign of changes Anja-Isabel Dotzenrath, a former head... Continue Reading →
TotalEnergies has entered into an agreement with Adani Enterprises Limited (AEL) to acquire a 25% interest in Adani New Industries Limited (ANIL). ANIL will be the exclusive platform of AEL and TotalEnergies for the production and commercialization of green hydrogen in India. ANIL will target a production of one million metric tons of green hydrogen... Continue Reading →
(TN) Ocean Winds, a 50-50 joint venture between world energy leaders ENGIE and EDP Renewables dedicated to offshore wind power generation, announces the launch of OW Brasil, a wholly owned Brazilian company investing in offshore wind project development opportunities in the country. Highly interested in Brazil's 700 GW offshore wind power potential (according to a... Continue Reading →
Hydrogen has a crucial role in decarbonizing the world’s energy system, but uptake will be too slow. Governments need to make urgent, significant policy interventions, according to a new report by DNV. In Hydrogen Forecast to 2050, DNV predicts the amount of hydrogen in the energy mix will be only 0.5% in 2030 and 5%... Continue Reading →
(RC) Brazil has made a surprise leap forward to take lead position among global offshore wind power project pipelines with almost 100GW in development, according to new calculus from research house the Renewables Consulting Group (RCG). According to RCG’s latest Global Offshore Wind Annual Market Report, the South American nation – which has yet to install... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras and the Sergipe Government signed today a protocol of intentions to identify business opportunities with the use of natural gas ,considering the development by the company of a new frontier in Sergipe Deep Waters. The objective of the protocol is to express the purpose of prospecting and structuring business opportunities,... Continue Reading →
(TN) Corio Generation, a global offshore wind energy company, announced plans to build offshore wind farms in Brazil, in a total of five projects of more than 5 GW in the initial phase of development. Corio Generation is a portfolio company of Macquarie's Green Investment Group, operating independently. Created in April 2022, Corio already has... Continue Reading →
Brazil Energy Insight 