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 →

Brazil’s Lula Doubles Down On Oil And Rare Earths As Brazil’s Strategic Future

May 22 (oilprice.com) Brazilian President Luiz Inácio Lula da Silva has explicitly linked oil exploration and rare-earth mining to Brazil's national sovereignty, declaring that the country’s subsoil resources must be used to drive domestic industrialization rather than enrich foreign nations. Speaking at Petrobras’(NYSE:PBR) giant refinery, Refinaria de Paulínia (Replan), in São Paulo, Lula emphasized that Brazil must actively... Continue Reading →

Porto do Açu Expands Operations with Petrobras and Integrates Exploration, Production and Decommissioning

Dec. 2 - Porto do Açu is optimistic about future demand in the oil platform decommissioning market, even after the adjustment in resources that Petrobras intends to allocate to this activity. The assessment is that, even if the state-owned company decides to extend production in more mature fields, the services provided directly or indirectly will... Continue Reading →

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