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(4coffshore) Corio Generation, a leading offshore wind developer, has announced a significant leadership transition as CEO Jonathan Cole steps down after three years at the helm. Samuel Leupold, the company’s current Chair of the Board and former CEO of Ørsted Wind Power, will assume the role effective 31 January 2025.Since Corio's launch in April 2022, Jonathan... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras announces that, on behalf of the Tupi field consortium, the company has signed amendments to the Charter and Service Agreements for the FPSO Cidade de Angra dos Reis (located in the Tupi field) with Tupi Pilot MV 22 B.V. and Modec Serviços de Petróleo do Brasil Ltda., extending the charter... Continue Reading →
(Reuters) - SLB (SLB.N), opens new tab beat analysts' estimates for fourth-quarter profit on Friday as the oilfield services provider benefited from higher demand for its drilling equipment and technology in North America and international markets. Excluding charges and credits, SLB posted a profit of 92 cents per share for the quarter, compared with the average analyst... Continue Reading →
(offshore-energy.biz) Oslo-listed energy, marine, and engineering consultancy ABL Group has enlarged its capabilities in the engineering and design segments of the maritime and offshore energy landscape by bringing Proper Marine, a Brazil-based naval architecture and engineering consultancy, into its fold, which enables the latter to merge with the Norwegian company’s design and engineering arm known... Continue Reading →
(Reuters) - BP warned on Tuesday that its fourth-quarter results will be hit by weaker oil and gas production, refining margins and trading, while also delaying a highly-anticipated investor day due to a medical procedure undergone by CEO Murray Auchincloss. The British company said Auchincloss will be back in the office in February after undergoing a... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on communication of June 6, 2024, with the objective of reaching a definitive, profitable and viable solution for the supply of fertilizers to the Brazilian market, informs that, under a Confidentiality Agreement signed on 10/21/2024, it is still under analysis with Unigel in relation to the contracts associated... Continue Reading →
(TN) Port of Açu and Yamna, an English company specialized in the production of green hydrogen and its derivatives, have signed an agreement to reserve an area in the low-carbon hub of Port of Açu, located in the North of Rio de Janeiro, for the implementation of a green ammonia plant. The port complex is... Continue Reading →
(Reuters) Exxon Mobil signaled on Tuesday that sharply lower oil refining profits and weakness across all its businesses would reduce its fourth-quarter earnings by about $1.75 billion from the prior quarter. The oil major also said in an SEC filing that upstream asset sales would benefit results by about $400 million, but overall impairments would... Continue Reading →
(OE) Portuguese oil company Galp has informed its Chief Executive Officer (CEO) Filipe Silva resigned from the position, following alleged relationship probe. The CEO, who also held the position of Vice-President of the Board of Directors at Gulp, cited ‘family reasons’ as the grounds for his resignation. The news follows reports of an anonymous complaint... Continue Reading →
BRAVA ENERGIA S.A. (“BRAVA” or "Company") (B3: BRAV3), pursuant to CVM Resolution No. 44, in relation to the news published in the media on January 6, 2025, in the “Economic Radar” column of “Veja Negócios” entitled “Brava Energia doubles production with surprise in the Atlanta Field”, clarifies to its investors and the market in general... Continue Reading →
Brazil Energy Insight 