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(OE) Helene Biström, Vattenfall’s Head of Business Area Wind, has decided to step down from the position. Biström will remain in her role to ensure a smooth transition until a successor is appointed. “I truly love my job, and I continue to feel excited about the journey we are on. However, after 42 years of... Continue Reading →
Petrobras announces that the Chief Energy Transition and Sustainability Officer Mauricio Tolmasquim has informed the company that he has been nominated to run for the position of Board Member of Eletrobras at the Shareholders General Meeting of that company scheduled for April 29, 2025. If the election is confirmed at the General Meeting, the company... Continue Reading →
(Reuters) Norway's Equinor on Thursday weakened its energy transition plan as it struggles to deliver on pledges to invest more in renewable energy and low-carbon technologies, citing practical difficulties and a shift in political priorities. The oil and gas producer in 2022 laid out short- and medium-term steps intended to achieve net zero emissions, including... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the Material Facts/Communications published on 11/07/2024, 12/10/2024 and 03/13/2025, informs that it will make today the payment of the second installment of shareholder remuneration relating to the balance sheet of September 30, 2024. The gross amount to be distributed today corresponds to R$ 0.68143913 per common and... Continue Reading →
(Reuters) - Brazilian power firm Eletrobras reported on Thursday a near 25% increase in its fourth-quarter net profit from a year earlier to 1.11 billion reais ($191.4 million). The company also announced 1.8 billion reais ($310 million) in additional dividends to shareholders in a separate statement. WHY IT'S IMPORTANT Eletrobras is Latin America's largest utility... Continue Reading →
BRAVA ENERGIA S.A. (“BRAVA” or “Company”) (B3: BRAV3), pursuant to CVM Resolution No. 44, hereby informs its investors and the market in general that it signed, on March 13, 2025, with Shell Western Supply and Trading Limited (“Shell”), a contract for the sale of the oil produced by the consortium in Atlanta field (80% of... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the Material Facts/Communications published on 11/07/2024 and 12/10/2024, informs that it will pay on 03/20/2025 the second installment of shareholder remuneration relating to the balance sheet of September 30, 2024, based on the shareholder position of 12/23/2024. This second installment will be paid in the form of... Continue Reading →
(Reuters) - Argentina's energy company YPF wants to speed up a divestiture plan that includes selling controlling stakes in offshore exploration projects in Argentina and Uruguay, reducing its presence in mature fields and later offering a gas distribution company for sale, chief executive officer Horacio Marin said. YPF has exploration rights in seven offshore areas,... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that it has received nominations from the Federal Government (Controlling Shareholder) and Minority Shareholders for the elections of members of the Board of Directors and the Fiscal Council, which will take place at the company's Annual General Meeting (AGM), scheduled for April 16, 2025. In accordance with Petrobras' internal... Continue Reading →
(Reuters) - Spanish energy company Iberdrola is seeking a partner willing to buy a minority stake in a roughly 1 gigawatt renewables portfolio, according to two people familiar with the matter. The sources described the project as "Romeo 2.0," referring to a 1.3 GW portfolio of wind and solar assets in which Norway's sovereign wealth... Continue Reading →
Brazil Energy Insight 