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(offshoreWIND.biz) A US federal judge in Massachusetts has tentatively accepted the lawsuit filed by 18 state attorneys general challenging the presidential memorandum issued on 20 January that halts leasing and permitting for wind energy projects, and calls for reviews of existing permits. The case is, however, likely to move forward only against the Department of the... Continue Reading →
(eixos) The Senate is advancing in discussions on bill 3.178/2019, which proposes the end of the pre-salt polygon and Petrobras' right of preference in the sharing auctions. The Infrastructure Committee approved on Tuesday the opinion of the committee's president, Senator Marcos Rogério (PL/RO). The bill was included in the committee's agenda at the end of... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras announces that it has been served in a lawsuit filed by Sete Brasil Participações S.A. and its subsidiaries (SPEs), seeking, in general terms, compensation for alleged losses related to the Drilling Rigs Project (“Projeto Sondas”). The amount unilaterally claimed by Sete Brasil in the lawsuit is R$ 36 billion. Petrobras... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, in relation to reports in the press about negotiations to refinance tax disputes with the state of Rio de Janeiro, clarifies that the amounts mentioned in the reports are not debt, but rather amounts under discussion in administrative and judicial proceedings, motivated by differences of understanding between the state tax... Continue Reading →
(Reuters) - Top U.S. oil producer Exxon Mobil and Hess will meet face-to-face on Monday in a court hearing to determine the fate of Chevron's $53 billion deal to buy Hess and with it a prized stake in Guyana's prolific oilfields. The planned acquisition, announced in October 2023, is one of the oil industry's biggest deals in years. It is key... Continue Reading →
(offshoreWIND.biz) The United States House of Representatives has passed a bill that, among other things, rescinds provisions from the Inflation Reduction Act (IRA) that were set up to strengthen the domestic offshore wind supply chain and back the development of new offshore wind transmission infrastructure. Passed on 22 May with 215 votes in favour of the bill,... Continue Reading →
Petrobras, following up on the disclosure made on May 9, 2025, announces that it has signed this Thursday (May 22) an agreement with Proquigel, a subsidiary of Unigel, to resolve existing contractual disputes and litigation between the parties. To take effect, the agreement must still be ratified by the Arbitral Tribunal, which has already been... Continue Reading →
Empire Offshore Wind LLC (Empire), a subsidiary of Equinor ASA, has been informed by the Department of the Interior’s Bureau of Ocean Energy Management (BOEM) that the stop work order has been lifted for the Empire Wind project, allowing construction activities to resume. "We appreciate the fact that construction can now resume on Empire Wind,... Continue Reading →
(oilprice.com) United States President Donald Trump has spent just over 100 days in office, and, in that time, he has attracted a wide range of lawsuits in response to his energy and climate policies. Several states and organizations have recently launched legal action against the Trump administration for energy deregulation, restricting renewable energy development, cutting... Continue Reading →
(Reuters) Guyana's parliament passed an oil pollution bill late on Friday that holds parties liable for damages caused by oil spills, including from vessels. The bill, which passed with a majority of votes cast in a simple voice vote, is expected to soon be signed into law by President Irfaan Ali. Guyana, whose oil production... Continue Reading →
Brazil Energy Insight 