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(Reuters) - Brazil's National Energy Policy Council (CNPE) on Wednesday approved increasing the level of biofuels mixed into fossil fuels, a move towards gasoline self-sufficiency that was also celebrated by renewable energy lobbies after the government earlier hinted the blends would not be changed this year. From August 1, the proportion of ethanol to be... Continue Reading →
(Reuters) - Finland's Wartsila is betting that a more nimble way to generate power with ethanol will prove viable in Brazil where similar efforts by major firms floundered a decade ago. Wartsila announced a partnership in March with a power plant in the northeast Brazilian city of Recife, where a four-megawatt engine will burn ethanol for 4,000... Continue Reading →
(OE) Kongsberg Maritime has signed a contract with Compagnie Maritime Monegasque (CMM) to deliver advanced ship design and technology for six hybrid platform supply vessels (PSVs), with oil spill recovery capacity, which will support Petrobras’ offshore operations. CMM was ranked first in Petrobras’ tender for six state-of-the-art, hybrid large multipurpose 5,000 DWT PSVs with oil... Continue Reading →
(Reuters) - Brazilian state-run oil company Petrobras is in talks with Raizen, BP and Inpasa for a possible joint venture in ethanol, two sources told Reuters, as the firm's CEO aims big in a comeback to the sector. Petrobras is in talks with four or five firms in the ethanol business, Chief Executive Magda Chambriard told... Continue Reading →
Brazil Energy Insight 