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(Reuters) - President Joe Biden will announce in Philadelphia on Friday the recipients of $7 billion in federal grants for the development of regional hydrogen hubs, advancing a key part of his administration's broader plan to decarbonize the U.S. economy. Seven proposed hubs spanning 16 states from Pennsylvania to California were selected in the program,... Continue Reading →
(Reuters) New York regulators on Thursday denied requests by developers of offshore wind projects and dozens of land-based renewable projects seeking billions of dollars in additional funding for existing contracts to sell power. The state denial could force developers to cancel some money-losing contracts and cancel or delay projects to sell power in New York... Continue Reading →
(Reuters) - Brazil generated nearly 93% of its electricity from clean sources during the first nine months of 2023, up more than 2 percentage points from the same period in 2022 and the largest clean-power share among major economies. France has historically boasted the cleanest power sector among top economies, but has lost ground to... Continue Reading →
(OW) California’s Governor Gavin Newsom signed two new offshore wind bills into law on 7 October. Coming into effect on 1 January 2024, the Offshore Wind Expediting Act (bill SB 286) is set to shave five years off of the offshore wind permitting timeline, while under the California Offshore Wind Advancement Act (bill AB 3),... Continue Reading →
(OE) Despite the negative headlines around the longer-term prospects for the U.S. offshore wind segment, business intelligence company Intelatus Global Partners sees continued efforts by the federal government and, in particular, the East Coast states to find solutions to the challenges faced by the industry as whole, which can be grouped under three headings: high... Continue Reading →
By Julia Borges da Mota Partner at Murayama, Affonso Ferreira e Mota Advogados. (TN) On October 10th, the deadline for submitting proposals in a large-scale tender promoted by Petrobras ends. This tender focuses on the charter of up to 12 OSRV type vessels, all Brazilian flag. The charter process will follow the modality known as "time... Continue Reading →
(PN) Petrobrss notified the National Petroleum Agency (ANP) this week about the discovery of signs of oil in well 3-BRSA-1388DA-SPS, in the Sagitario prospect, within block S-M-623, in the Santos Basin. The discovery took place in a water depth of 1,866 meters. This is the second extension well in the area, which began to be... Continue Reading →
(Reuters) - French energy company EDF Renewables on Thursday said it will withdraw from a solar energy project in central Colombia due to delays in permits, as well as regulatory and tax changes. The announcement represents the latest setback for Colombia's energy transition, where many renewable projects have stalled despite President Gustavo Petro's goal of... Continue Reading →
(Reuters) Colombia is proposing to force bidders for offshore wind projects to give a state company a stake in the developments, as part of a wider set of draft modifications to the rules governing the process published this week. The government of President Gustavo Petro, Colombia's first leftist leader, has set its sights on weaning the Andean... Continue Reading →
Founded on October 3, 1953, Petrobras developed alongside Brazil and became the largest company in the country, an icon for Brazilians. An international reference in the oil and gas sector, the company has achieved notable achievements and has become a company of global relevance. The boosting of the energy industry, the discovery of the pre-salt,... Continue Reading →
