Nov. 26 - Petrobras supplied three Transpetro ships with bunker fuel containing 24% renewable content. The operation took place at the São Sebastião Waterway Terminal (Tebar), in São Paulo. The fuel that supplied the vessels is composed of 24% biodiesel supplied by Petrobras Biocombustível (PBio). The ships Zumbi dos Palmares, with approximately 1,300 tons, and... Continue Reading →
Exclusive: EDF weighs full sale of US renewable unit to focus on French nuclear
Nov 26 (Reuters) - French state-owned utility EDF is considering selling all of its U.S. renewable energy business, its CEO said on Wednesday, as the company focuses on building up its domestic nuclear operations and U.S. support for wind and solar has been rolled back. Bernard Fontana said the company was considering selling "between 50% and 100%" of its... Continue Reading →
Iberdrola files for tender offer to take Brazil’s Neoenergia private
Nov 24 (Reuters) - Brazilian power firm Neoenergia said on Monday that controlling shareholder Iberdrola has filed for a tender offer to take the company private. Spain-based Iberdrola plans the acquisition of up to all common shares issued by Neoenergia at a price of 32.50 reais per share, the Brazilian firm said in a securities filing. In... Continue Reading →
Offshore Wind Developer Gets DNV Concept Certification for Floating Foundation Design
Nov. 21 (offshoreWIND.biz) BayWa r.e. has received concept certification from DNV for its BayFloat floating wind semi-submersible concrete substructure and mooring system design. The design was validated using the 22 MW generic reference turbine “IEA-22-280-RWT”. The certification process was conducted in accordance with DNV-SE-0422:2021-09 “Certification of floating wind turbines” scheme, including DNV-ST-0119:2021-06 “Floating wind turbine... Continue Reading →
Lukoil trading arm, Litasco, shrinks fast under Western sanctions
Nov 21 (Reuters) - U.S. sanctions are dismantling what remains of Lukoil's Litasco, once Russia's biggest oil trader and a rival to top Swiss houses and oil majors, five sources told Reuters. The measures, which also target state-owned Rosneft, took effect on Friday as Washington seeks to choke off Moscow’s ability to fund its war in... Continue Reading →
Latin America’s Clean Energy Moment
Nov. 21 (Oilprice.com) Latin America has all the necessary ingredients for a successful clean energy transition, but can it pull it off? The region has enormous clean energy production potential, and already sources an impressive 70% of its electricity from renewables. However, the necessary infrastructural and policy supports to ensure a secure, sustainable, and just transition are... Continue Reading →
COP30 climate summit set for last-gasp showdown over fossil fuels and finance
Nov 21 (Reuters) - The COP30 climate summit was headed for a showdown on Friday over the future of fossil fuels after hosts Brazil dropped efforts to develop a global plan to shift away from oil, gas and coal from its proposed deal. A draft text for a deal for this year's U.N. climate summit,... Continue Reading →
Cable Installation Work Underway at Ørsted’s Two US Offshore Wind Farm Sites
Nov. 20 (offshoreWIND.biz) Ørsted has completed the 2025 foundation installation campaign at the Sunrise Wind offshore project site in the US and is now commencing cable installation works on both its projects under construction in the Northeast US, Revolution Wind and Sunrise Wind. According to the latest Notice to Mariners from the developer, Bokalift 2 and Bokalift 1 have... Continue Reading →
Renewables Are Too Cheap to Fail
Nov. 20 (Oilprice.com) Renewable energy has encountered a strange crossroads – it is more successful, and also more divisive, than ever before. Wind and solar have become so successful that they’re not really alternative anymore – they’ve fully entered the mainstream. Not only have renewables outgrown subsidies and become independently successful, they’ve become so cheap... Continue Reading →
Ocean Winds Secures Third Celtic Sea Floating Wind Site
Nov. 19,(offshoreWIND.biz) Ocean Winds has secured the third floating offshore wind site in the Celtic Sea, offered through the Crown Estate’s Round 5 auction earlier this year. The developer is joining Equinor and the Gwynt Glas joint venture, which were awarded rights for two of the three sites offered in Round 5 in June. On... Continue Reading →