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(OE) Offshore wind turbine maker Siemens Gamesa said Friday that its giant 14MW SG 14-222 DD offshore wind turbine prototype had started delivering power to the grid. The prototype has been installed in Østerild, Denmark. "We are excited to announce that our SG 14-222 DD prototype is now producing power to the grid! What an... Continue Reading →
Porto Central signed a Memorandum of Understanding with Votu Winds, a company that plans to install a complex of offshore wind farms in the southern coastal region of the State of Espírito Santo. The port terminal is a project being built in the south of Espírito Santo, on the border with the State of Rio... Continue Reading →
After being very much on the margins of the offshore wind industry, floating offshore wind now appears to be ready to hit the mainstream. With gigawatt scale developments already on the horizon, what will the infrastructure needed to build and support them look like? (OE) Over the past 12 months, the floating offshore wind sector... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release diclosed on 05/03/21, informs that it has concluded today the sale of the three fuel oil-fired thermal power plants located in Camaçari, in the state of Bahia (UTEs Polo Camaçari) to São Francisco Energia S.A., a subsidiary of Global Participações em Energia S.A. (GPE). After... Continue Reading →
(Reuters) - A global energy conference devoted to future technologies and low-carbon strategies kicked off in Houston on Monday with top executives from energy companies affirming the need for more oil for decades to come. The World Petroleum Conference's four days of discussion started with chief executives from Exxon Mobil Corp (XOM.N), Chevron Corp (CVX.N) and Halliburton Co (HAL.N),... Continue Reading →
U.S. energy major ExxonMobil has finalized its corporate plans, which increase spending to $15 billion on greenhouse gas emission-reduction projects over the next six years while maintaining disciplined capital investments in its portfolio. Exxon has also increased its annual dividend payment for the 39th consecutive year. As explained by ExxonMobil on Wednesday, the plans support... Continue Reading →
The oil and gas industry risks a huge workforce shortage as more than half of workers in the sector seek to move into the renewable energy industry, a survey published on Tuesday showed. The survey conducted as part of a report by recruitment firm Brunel and Oilandgasjobsearch.com showed that 43% of workers want to leave... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 05/11/2021, informs that, after resuming negotiations with Proquigel Química S.A., a subsidiary of Unigel Participações S.A., for the leasing of the TermoCamaçari Thermal Power Plant (UTE TermoCamaçari), located in the State of Bahia, the negotiation was successfully concluded and the asset lease agreement... Continue Reading →
Brent slid nearly 4% to below $80 a barrel on Friday as a new COVID-19 variant spooked investors, adding to concerns that a global supply surplus could swell in the first quarter following the release of crude reserves by the United States and others. Oil fell in tandem with other financial markets on fears that... Continue Reading →
While oil and gas majors are increasingly entering new offshore wind and green hydrogen projects, it is but a small portion of the overall pie, to quote David Linden from Westwood Global Energy Group. As a reaction to the energy transition, the oil and gas majors are diversifying and now have more of an energy... Continue Reading →
Brazil Energy Insight 