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(Reuters) - Renewable energy firm Orsted (ORSTED.CO) on Tuesday said it intends to invest in a large-scale facility in Denmark to produce green hydrogen, considered a cornerstone of the shift to cleaner energy. The first stage of the investment in the so-called Power-to-X facility is estimated at somewhere between 1 and 5 billion Danish crowns ($141-$705 million),... Continue Reading →
(Reuters) - Mexican state oil company Pemex said Saturday that it would work with the U.S. Environmental Protection Agency (EPA) to reduce greenhouse gas emissions - especially methane - to meet ambitious international commitments. Methane emissions have emerged as a top threat to the global climate, with scientists and policymakers around the world calling for aggressive... Continue Reading →
(Reuters) In late 2016, to avoid racking up fines for burning too much natural gas, Mexico's state oil company Pemex struck a deal with the regulator to invest over $3 billion to fix its flaring problem at its most productive set of oil fields. But five years on, the little-publicized project has been abandoned, according... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that today it signed a contract with Sembcorp Marine Rigs & Floaters for the construction of the P-82 platform, as a result of the advancement of the Búzios field development project, in the Santos Basin pre-salt area. The P-82 will be of the FPSO type and will have the... Continue Reading →
(Reuters) - Mexico's environmental regulator has no records of state oil company Pemex reporting a methane leak last December at the country's top oil field, according to the regulator's response to a freedom of information request filed by Reuters. "There are no records" of "a possible incident at the asset Ku-Maloob-Zaap in December 2021," regulator... Continue Reading →
(Reuters) Scientists who detected a massive methane leak at an offshore platform run by Mexico's Pemex said Tuesday there was "no way" they had made a mistake, roundly rebutting claims by the state oil company that the emissions were smaller and less polluting. Pemex, which is under increasing international pressure over its environmental record, last... Continue Reading →
Italy’s oilfield contractor Saipem and Australia’s engineering company Worley have backed an industry initiative, which aims to eliminate methane emissions from the upstream oil and gas industry by 2030. Saipem and Worley revealed on Wednesday that they have joined the Aiming for Zero Methane Emissions Initiative, which was established by the Oil and Gas Climate Initiative (OGCI)... Continue Reading →
Brazil Energy Insight 