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By: Elaine Maslin (OE) Wind power pioneer Henrik Stiesdal built his first wind turbine in 1978. It was one of Denmark’s first step towards becoming a wind energy powerhouse, with Stiesdal regularly at the helm. He’s now got wider climate initiatives in his sights, including industrializing floating offshore wind. He reflected with OE’s Elaine Maslin.... Continue Reading →
(Reuters) - Energy security concerns raised by Russia's invasion of Ukraine have provided even more impetus for adopting a range of low-carbon technologies to meet the Paris climate accord goals, industry executives told the Reuters Global Markets Forum (GMF). "Renewables in and of themselves aren't enough to solve this problem," Standard Chartered (STAN.L) Chief Executive Bill Winters... Continue Reading →
Corio Generation, a recently established offshore wind branch of Macquarie's Green Investment Group (GIG), is planning a major new offshore wind project in Australia, named Great Eastern Offshore Wind. If approved for construction following ongoing feasibility studies and consultation with local stakeholders, the 2.5 GW project could be among the first tranche of offshore wind... Continue Reading →
(OW) KfW IPEX-Bank, together with Crédit Agricole CIB, Banco Santander, S.A., Mizuho Bank, European Investment Bank (EIB), and the Danish Export Credit Agency (EKF), has decided to finance the 30 MW Eoliennes Flottantes du Golfe du Lion (EFGL) floating wind project offshore France. KfW IPEX-Bank is the first German bank to finance a floating offshore wind farm,... Continue Reading →
(Reuters) - Mexican state oil company Petroleos Mexicanos released thousands of tons of methane gas into the atmosphere from an oil and gas platform in the Gulf of Mexico last December, research published on Thursday by the European Space Agency (ESA) showed. Invisible and odorless, but much more harmful to the environment than carbon dioxide,... Continue Reading →
(PEN) In a year with a record number of new contracts and solid results, the Brazilian CBO Group advanced in ESG (Environmental, Social and Corporate Governance) practices and published its first Sustainability Report, 2021 version. , investment in energy efficiency actions and the waste reduction results promoted by the Visão Verde Program. The maritime support... Continue Reading →
(Reuters) - Colombia's leftist firebrand presidential candidate Gustavo Petro is too close in recent polls for the comfort of oil companies and miners who worry that his promised policies would imperil Colombia's economy and energy self-sufficiency, high-ranking industry figures and business associations said. Petro, currently a senator, told a rally last month that coal and... Continue Reading →
U.S. manufacturer of drilling and production equipment Dril-Quip has set its decarbonization targets, aiming to reduce its combined Scope 1 and Scope 2 emissions by more than 50% by 2030. Dril-Quip’s decarbonization actions include switching to renewable electricity at certain manufacturing sites, rightsizing facilities, investing in infrastructure to reduce emissions, reducing its vehicle fleet and evaluating... Continue Reading →
(Reuters) - Investigative fracking operations in Colombia can go ahead after a court in the Andean country's Santander province on Thursday reversed a lower court's decision to block two pilot projects. Commercial development of non-conventional energy deposits - such as by hydraulic fracturing, or fracking for hydrocarbons - is not currently permitted in Colombia, but... Continue Reading →
(Reuters) - Norsk Hydro's (NHY.OL) Rein and Macquarie Asset Management's Green Investment Group plan to build and operate a 586 megawatt wind and solar power plant in the northeast of Brazil, the companies said on Wednesday. A final investment decision for the $700 million wind farm portion of the project is expected in the fourth quarter of... Continue Reading →
Brazil Energy Insight 