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March 20 (Reuters) - As widening conflict in the Middle East roils global energy markets, one city in southern Brazil is planning to run more of its municipal fleet on an innovative homegrown biofuel designed to replace diesel entirely. Nestled among rolling expanses of soybean farms in the state of Rio Grande do Sul, the... Continue Reading →
March 19 - IBAMA (Brazilian Institute of Environment and Renewable Natural Resources) issued a correction to the drilling license for block BM-C-33 in the Campos Basin, where the Raia field is located. In the document, the federal agency authorized the drilling of three wells in the area using the DS-17 drillship, operated by Valaris. IBAMA... Continue Reading →
March 18, 2026 - Asahi Kasei, a diversified global company, Nippon Steel, and Nippon Steel Trading have launched a recycling initiative to convert pure titanium scrap generated during the manufacturing of electrolysis cells into a raw material for pure titanium. The initiative is designed to reduce the environmental impact of cell production and enhance the... Continue Reading →
Rio de Janeiro, March 16, 2026 - PRIO S.A. (the “Company” or “PRIO”) (B3: PRIO3), in compliance with best corporate governance practices, hereby informs its shareholders and the market in general that, on this date, the Brazilian Institute of the Environment and Renewable Natural Resources (“Ibama”) has issued the amendment to the Drilling License for... Continue Reading →
March 16 (oilnow.gy) ExxonMobil has submitted the environmental impact assessment and environmental impact statement for the proposed Longtail development offshore Guyana, a key step toward the country’s first non-associated gas project. The documents were filed with the Environmental Protection Agency, according to a public notice. Exxon’s consultant Acorn International conducted the assessment. Members of the... Continue Reading →
March 14 (offshoreWIND.biz) Revolution Wind has begun delivering electricity to the New England grid, Ørsted, which owns the US offshore wind farm together with Skyborn Renewables, said on 14 March. The offshore wind farm comprises 65 Siemens Gamesa SG 11.0-200 DD wind turbines and powers Rhode Island and Connecticut. Once fully commissioned, the 704 MW... Continue Reading →
March 12 (offshoreWIND.biz) Spanish energy company Iberdrola has registered a public takeover bid to acquire the remaining shares of its Brazilian subsidiary Neoenergia, aiming to reach full ownership of the company. Iberdrola, which now officially submitted documentation to the Brazilian Securities and Exchange Commission (CVM) and Novo Mercado (Brazilian Stock Exchange – B3), launched the... Continue Reading →
March 10 (Reuters) - Exxon Mobil is seeking to abandon its corporate registration in New Jersey and redomicile in Texas where its headquarters is located, the U.S. oil major said on Tuesday, in a move that could help bolster its defenses against activist shareholders and climate advocates. Exxon announced the proposal in a proxy filing. If the move is approved... Continue Reading →
February 27, 2026 — OceanPact and CBO announced today, in a Regulatory Filing, the combination of their businesses, to be implemented through the incorporation of CBO’s holding company into OceanPact. Closing of the transaction is subject to approval by the Brazilian Antitrust Regulatory Agency (CADE), as well as the fulfillment of other customary conditions precedent... Continue Reading →
Feb. 20 - Petrobras has already begun preparations to resume drilling of the pioneering well in block FZA-M-059, in the Foz do Amazonas Basin, on the Equatorial Margin. As a reminder, activity has been suspended since January 4th, following a loss of drilling fluid on the Foresea drillship ODN-II. “Petrobras has begun preparations to resume... Continue Reading →
Brazil Energy Insight 