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(oilprice) Colombia’s president, Gustavo Petro, has canceled a joint venture between state energy company Ecopetrol and Occidental Petroleum on environmental concerns regarding hydraulic fracturing. Bloomberg reported that Petro had shared his concern on national TV, saying he was against a recent expansion of the deal between Ecopetrol and Oxy because it involved fracking, going counter... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras announces the establishment of an Impact Fund for Bioeconomy and Nature-Based Solutions Socio-Environmental Projects (Petrobras Bioeconomy Fund) in partnership with Régia Capital, a management firm focused on sustainable investments and financial solutions. Petrobras allocated R$ 50 million to the Fund, with Régia contributing an additional R$ 50 million. This is... Continue Reading →
The Bureau of Ocean Energy Management (BOEM) today announced its approval of the Construction and Operations Plan for the SouthCoast Wind Project. This is the final approval needed for the project from BOEM following the Department of the Interior’s December 2024 Record of Decision. “We are proud to announce BOEM’s final approval of the... Continue Reading →
(offshoreWIND.biz) Fuinneamh Sceirde Teoranta (FST), a joint venture owned by Corio Generation and Ontario Teachers’ Pension Plan, has submitted a consent application for Sceirde Rocks Windfarm to Ireland’s planning authority, An Bord Pleanála. The developer says the project is the first offshore wind farm proposed for Ireland’s west coast as the five other projects currently... Continue Reading →
(offshoreWIND.biz) The US Bureau of Ocean Energy Management (BOEM) will initiate an environmental review of the Vineyard Mid-Atlantic offshore wind lease area, located offshore New York and New Jersey and owned by Vineyard Offshore (Copenhagen Infrastructure Partners), which plans to build its Excelsior Wind project there. The Vineyard Mid-Atlantic area is in one of the... Continue Reading →
Exail is proud to announce the first sale of its DriX O-16, a transoceanic Uncrewed Surface Vessel (USV). Designed for long-range maritime operations, it has been acquired by an Indo-Pacific customer operating in the civil sector. Equipped with advanced sensors, including a full-depth Multibeam Echosounder, the DriX O-16 enables operators to collect precise data for... Continue Reading →
(OE) A new report from the U.S. Department of Energy (DOE) outlines recommendations that could increase the recycling and reuse of decommissioned wind energy equipment and materials to create a more circular economy and sustainable supply chain. The research reveals that existing U.S. infrastructure could process 90% of the mass of decommissioned wind turbines. However,... Continue Reading →
(Reuters) - The British North Sea is one of the world's oldest offshore oil and gas basins where production has been in steady decline since the early 2000s. At the same time, the region has become one of the world's largest and fastest growing offshore wind basins. U.S. President-elect Donald Trump called to "open up" the British... Continue Reading →
(Reuters) - The U.S. Export-Import Bank approved a $526 million loan to Guyana for an energy project designed to double the South American country's installed electric capacity and reduce oil imports, the Guyanese government and Ex-Im said on Thursday. The project, which falls under Ex-Im's mandate to help exporters facing competition from China, will use... Continue Reading →
(Reuters) Colombia's national environmental licensing agency (ANLA) on Friday said it has awarded an environmental license to Anadarko Colombia Company, a subsidiary of Occidental Petroleum, to carry out oil and gas exploration in the country's Caribbean waters. The exploration will take place in Block Col-1, the ANLA said in a statement, where Environment Minister Susana... Continue Reading →
Brazil Energy Insight 