CNPE Authorizes Auction of Production Individualization Agreements for the Mero, Atapu, and Tupi Oil Fields

Oct.1 -The National Energy Policy Council (CNPE) approved, this Wednesday (October 1st), a resolution authorizing Pré-Sal Petróleo (PPSA), a state-owned company linked to the Ministry of Mines and Energy (MME), to hold the Auction for the Sale of Rights and Obligations arising from the Production Individualization Agreements (AIPs) for the Mero, Atapu, and Tupi Shared... Continue Reading →

October 1, 2025 0

Chevron expects up to $400 million quarterly impact from Hess deal

Sept 25 (Reuters) - U.S. energy major Chevron said on Thursday it was expecting to take a hit of $200 million to $400 million in the third quarter related to the Hess deal. Chevron closed its $55 billion acquisition of Hess in July after winning a landmark legal battle against larger rival Exxon Mobil to gain access to the... Continue Reading →

September 25, 2025 0

Orsted Shares Rise After Court Win Against Trump Administration

Sept. 23 (Reuters) Orsted shares rose on Tuesday after a U.S. federal judge ruled it could resume work on an almost completed offshore wind project in the United States, delivering a win for an industry under sustained attack from President Donald Trump. But the victory may prove short-lived, as analysts warn the White House could appeal the decision or... Continue Reading →

September 23, 2025 0

US Federal Judge Grants Go Ahead for Orsted Offshore Wind Project

Sept. 22 (Reuters) Danish offshore wind developer Orsted can restart work on the nearly finished Revolution Wind project off the coast of Rhode Island, a federal judge ruled on Monday, after President Donald Trump's administration halted the project last month. The ruling is a legal setback for Trump, who has sought to block expansion of offshore wind in U.S. waters. It is a palpable... Continue Reading →

September 22, 2025 0

US court weighs Trump halt on Rhode Island offshore wind project

Sept 22 (Reuters) - A federal judge on Monday will consider a request by Danish offshore wind developer Orsted to restart work on the nearly finished Revolution Wind project, which President Donald Trump's administration halted last month. Orsted and its joint venture partner Skyborn Renewables are asking Judge Royce Lamberth of the U.S. District Court in... Continue Reading →

September 22, 2025 0

Brazil’s Bolsonaro guilty of coup charges, court majority decides in landmark trial

Sept 11 (Reuters) - Former Brazilian president Jair Bolsonaro was convicted by a Supreme Court majority on Thursday of plotting a coup to remain in power after losing the 2022 election, a powerful blow to the populist far-right movement he created. The presumptive ruling by a majority of a panel of five justices in Brazil's... Continue Reading →

September 11, 2025 0

‘Targeted Attack’ | US DOI Plans to Revoke More Permits; White House Seeking to Engage Health and Human Services Department?

Sept. 5 (offshoreWIND.biz) In a matter of months, the US offshore wind industry went from a growing investor and employer to an industry that is now undergoing what Oceantic Network called a “targeted attack” after reports emerged that the US Department of the Interior (DOI) plans to revoke federal permits for two more projects. The Trump administration has reportedly also asked... Continue Reading →

September 5, 2025 0

Orsted Trims Profit Outlook Ahead of $9.4B Rights Issue Vote

Sept. 5 (Reuters) Danish wind farm developer Orsted cut its operating profit outlook for 2025 on Friday, shortly before shareholders were set to vote on a crucial capital raise as the company battles U.S. President Donald Trump's opposition to wind power. Once celebrated as a trailblazer in offshore wind, Orsted now finds itself in dire... Continue Reading →

September 5, 2025 0

US plans to revoke approval of another Massachusetts offshore wind farm

Sept 3 (Reuters) - President Donald Trump's administration plans to revoke federal approval of Avangrid's planned New England Wind project off the coast of Massachusetts, according to a court filing on Wednesday. The legal maneuver is the latest move by U.S. authorities to stymie development of offshore wind energy, which Trump has called ugly, expensive, and unreliable.... Continue Reading →

September 4, 2025 0

Trump’s Collision Course With Brazil / How U.S. Policy Is Playing Into China’s Hands—and Remaking Latin America

Sept. 2 (foreignaffairs.com) In April, when Donald Trump announced his “Liberation Day” tariffs on dozens of countries, Brazil emerged largely unscathed. Brazilian exports to the United States became subject to ten percent levies, the baseline rate, escaping the debilitating tariffs applied to the goods of some U.S. allies. In late July, however, Trump declared that... Continue Reading →

September 3, 2025 0

Category: Legal