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Petróleo Brasileiro S.A. – Petrobras informs that has become part of the list of global companies that stand out in climate change mitigation actions, as announced by the international organization CDP, formerly known as the Carbon Disclosure Project. The company received an A- rating in recognition of its good practices on this topic and as... Continue Reading →
(Reuters) - Portugal wants to speed up investments in green hydrogen projects, which are essential to decarbonize the economy, and will end mandatory environmental assessments for them in March 2023, Prime Minister Antonio Costa said. Portugal expects to become a major producer and exporter of green hydrogen with 70 private investors or groups planning to spend 10... Continue Reading →
“It is quite clear that liquid hydrogen is the cheapest option. It is much cheaper than ammonia when you look at the whole cycle of putting the hydrogen into the ammonia and taking the hydrogen out. If you can have liquid hydrogen which is stored without loss or very low loss, then liquid hydrogen is... Continue Reading →
(MTR) This week, dozens of companies are expected to compete for the right to lease the first commercial wind power sites off the coast of California in a federal online auction that could kick-start the state’s next clean energy boom. Collectively, the winners will pay at least tens of millions of dollars for exclusive rights to submit... Continue Reading →
(Reuters) Mexico's energy ministry tried earlier this year to block the publication of stricter rules on natural gas flaring, according to documents seen by Reuters, saying they would hurt state oil company Pemex and its plans to increase production. The documents, received through a freedom of information request filed by Reuters, show a concerted effort... Continue Reading →
(OET) Norway-based shuttle tankers owner and operator Knutsen NYK Offshore Tankers AS (KNOT) has ordered another shuttle tanker for time charter with Brazilian oil and gas giant Petrobras. On 21 November, KNOT signed a contract with Chinese shipyard Cosco Shipping Heavy Industry (Zhoushan) for the construction of a 154,000 cbm Suezmax dynamic positioning (DP2) shuttle tanker.... Continue Reading →
(Reuters) - Under pressure to increase production, Mexico's state oil company Pemex has risked fines for violations that cause environmental damage rather than delay output to fix the underlying issues, according to two senior company sources. The decision by Pemex to opt for fines instead of repairs represents a major blow to the oil regulator's... Continue Reading →
(Reuters) - Mexican state oil company Pemex said Saturday that it would work with the U.S. Environmental Protection Agency (EPA) to reduce greenhouse gas emissions - especially methane - to meet ambitious international commitments. Methane emissions have emerged as a top threat to the global climate, with scientists and policymakers around the world calling for aggressive... Continue Reading →
(Reuters) - Leaders from poor countries criticized wealthy governments and oil companies for driving global warming, using their speeches on Tuesday at the COP27 climate summit in Egypt to demand that they pay up for damages being inflicting on their economies. Small island states already buffeted by increasingly violent ocean storms and sea-level rise called on oil... Continue Reading →
(Reuters) - Petrobras plans to receive an environmental license from Ibama this year to drill a well in the Foz da Rio Amazonas Basin, off the coast of Amapá, one of the oil company's major exploratory bets. If the license is granted, it would occur before the change of government of Jair Bolsonaro (PL) to... Continue Reading →
Brazil Energy Insight 