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(Reuters) - Shares of Brazilian energy company Brava Energia (BRAV3.SA), opens new tab soared on Friday after it received approval from the country's oil regulator to resume output at a key oilfield and said it was in talks with banks to prepare for potential asset sales. Brava's shares rose as much as 11.5%, making it the top... 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 →
(PN) The Ministry of Mines and Energy (MME) announced the selection of 12 low-carbon hydrogen hub projects for the decarbonization of Brazilian industry. The projects chosen in the public call notice were presented by the following companies: CSN Group, EDP Renováveis Brasil, Neoenergia, Atlas Agro, Petrobrás, Prumo Logística, Copel GET, Solatio Holding Gestão de Projetos... Continue Reading →
(oilnow.gy) SBM Offshore said the multi-purpose floater (MPF) 5 has arrived at the Seatrium yard in Singapore. The hull is the base vessel for the Jaguar floating production, storage and offloading (FPSO) vessel bound for Guyana. With the hull’s safe arrival in Singapore from the SWS shipyard in Shanghai, the initial focus will be on... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras (“Petrobras”) announces that its wholly-owned subsidiary Petrobras Global Finance B.V. (“PGF”) has delivered notices to the holders of the outstanding 5.299% Global Notes due 2025 (the “Notes”) announcing the redemption price for the Notes. As previously announced, the redemption date for the Notes will be December 27, 2024 (the “Redemption... Continue Reading →
(OE) Offshore drilling contractor Constellation has secured an extension of the current contract for its semi-submersible drilling rig Atlantic Star with Petrobras, worth up to $61 million. The contract extension is for an additional period of up to 301 days, and confirms the continuity of the operations that began in 2021. In recent years, the... Continue Reading →
(OE) Equinor has completed the acquisition of additional 0.2% in Ørsted, increasing its share to 10% and cementing its position as the second largest shareholder in the company. The transaction makes Equinor the second largest shareholder in Ørsted after the Danish State, which holds a controlling stake. Following approvals under applicable Foreign Direct Investment regulations,... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras, following up on the Material Fact of November 21, 2024, informs that it will make today the payment of the dividends approved by its Board of Directors in a meeting held on November 21, 2024. The gross amount to be distributed today corresponds to R$ 1.55174293 per common and preferred... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras, following up on the Material Fact of August 8, 2024, informs that it will make today the payment of the second installment of the dividends approved by its Board of Directors in a meeting held on 08/08/2024. The gross amount to be distributed today corresponds to R$ 0.52660008 per common... Continue Reading →
( renewablesnow.com) EDP Renovaveis SA (ELI:EDPR) announced on Thursday it has decided to exit 500 MW of wind projects in Colombia as they are no longer economically viable. The company cited several factors behind their decision, including delays stemming from the 2020 pandemic, shifts in government that prompted adjustments to the requirements for the environmental... Continue Reading →
Brazil Energy Insight 