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(Reuters) - Brazil's Mines and Energy Minister Bento Albuquerque on Tuesday warned that the country's energy crisis was worse than previously thought, as a record drought hampers hydropower generation. In a televised national address preempting the nightly news, Albuquerque said that the crisis had deepened. Water reserves at hydropower plants have already fallen to their... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 08/16/2019, informs that it signed today a contract for the sale of its entire 93.7% equity stake in Breitener Energética S.A. (Breitener), located in the state of Amazonas, to Breitener Holding Participações S.A., a wholly owned subsidiary of Ceiba Energy LP. The sale... Continue Reading →
(Reuters) - PetroChina (601857.SS)aims to have oil, gas and green energies to each account for a third of its portfolio by 2035, it said on Thursday, as the Chinese oil major shifts toward a lower-carbon future. For PetroChina, Asia's largest oil and gas producer, natural gas currently accounts for about 47% of total output and oil... Continue Reading →
(PetroleoHoje) IBAMA released the map showing the location of offshore wind energy generation projects that are in the licensing process. Of the 23 projects, only one belongs to an oil company. It is the Aracatu wind farm, owned by Equinor, which will have a generation capacity of 4 GW. The Aracatu I and Aracatu II... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras clarifies pieces of news in the media about the supply of natural gas for electric power generation. The company clarifies that it has expanded the supply of fuel for thermal power plants, which allowed to increase, between September 2020 and June 2021, the thermoelectric power generation of its plants and... Continue Reading →
Australian oil company Woodside confirmed Monday it has been in talks with BHP over the potential acquisition of BHP's oil and gas business. "Woodside notes recent speculation regarding a potential transaction between Woodside and BHP Petroleum. Woodside continuously reviews the composition of its asset portfolio and opportunities to create and deliver value for shareholders. Woodside... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up the release disclosed on 06/04/2021, informs that the scheduled stoppage of 30 days for maintenance of the Mexilhão platform and the Route 1 gas pipeline, which transports the natural gas produced in Mexilhão and other platforms in the pre-salt and post-salt areas of the Santos Basin, will be... Continue Reading →
Wilson Sons, through its Tugboats unit, participated in the first ship-to-ship offshore operation for the transfer of liquefied natural gas (LNG) through a ULGC (Ultra Large Gas Carrier) gas vessel of the Q-FLEX type in Brazil. The ship is considered one of the largest gas tankers in the world with a capacity of 215,000 m³.... Continue Reading →
(Reuters) - U.S. oil major Exxon Mobil Corp (XOM.N), along with Chevron Corp (CVX.N), is seeking to bulk up in the burgeoning renewable fuels space by finding ways to make such products at existing facilities, sources familiar with the efforts said. The two largest U.S. oil companies want to produce sustainable fuels without ponying up billions of... Continue Reading →
(epbr) The port complex intends to attract partners to develop the four Ventos do Açu parks Porto do Açu, Prumo's port complex in Norte Fluminense, started the environmental licensing of offshore wind farms with 2,160 MW of installed capacity, and intends to attract one or more partners to develop the four wind farms of Ventos... Continue Reading →
Brazil Energy Insight 