Trafigura granted wholesale power trading licence in Brazil

 12 June 2026 – Trafigura has received a licence from Brazil's National Electric Energy Agency (ANEEL) to trade wholesale power in Brazil, marking the company’s entry into Latin America’s largest and most developed power market. With the licence now granted, Trafigura’s Brazil power desk is positioned to participate actively in the country’s electricity market. The desk... Continue Reading →

California Reaffirms 25 GW Offshore Wind Target for 2045

May 25 (offshoreWIND.biz) California remains committed to deploying 25 GW of offshore wind capacity by 2045, according to state officials who were at the recently held 2026 Pacific Offshore Wind Summit, hosted by Offshore Wind California. David Hochschild, Chair of the California Energy Commission, reiterated California’s offshore wind ambitions and said the state would continue... Continue Reading →

CIP Remains Eager to Invest in Italian Offshore Wind

May 23 (Reuters) Copenhagen Infrastructure Partners, a Danish firm eager to invest in Italian offshore wind farms, is getting impatient. Two years after the country's 2024 law offered incentives to would-be developers to provide offshore wind capacity, the government has yet to announce a calendar for auctions it said it would hold by 2028. The inertia reflects a reluctance... Continue Reading →

Guyana to survey offshore block licensed to TotalEnergies

May 21 (oilnow.gy) The Guyana government and Viridien/CGG Services will commence geotechnical and seismic survey operations within offshore Block S4, which was licensed last year to a TotalEnergies-led group. Guyana’s Maritime Administration Department (MARAD) announced the survey in notices.  The notices, dated May 18, 2026, said the work will take place within Guyana’s Exclusive Economic... Continue Reading →

Petrobras strengthens strategic partnership with Lightsource bp in renewable energy in Brazil

Rio de Janeiro, May 20, 2026 –Petróleo Brasileiro S.A. – Petrobras (“Petrobras”), further to its release dated December 16, 2025, announces that it has completed the acquisition of a 49.99% equity interest in Lightsource bp’s subsidiaries in Brazil, establishing a strategic partnership in onshore renewable energy in the country, including energy storage. The partnership is... Continue Reading →

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