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ANP published the Monthly Bulletin of Oil and Natural Gas Production, with consolidated data on national production for the month of May. Approximately 2.879 MMbbl/d (million barrels per day) of oil and 132 MMm3/d (million cubic meters per day) of natural gas were produced, totaling 3.707 MMboe/d (million barrels of oil equivalent per day) Pre-salt... Continue Reading →
The U.S. offshore wind sector continues its journey to deploy 30 GW of offshore wind by 2030 and 110 GW by 2050, Intelatus Global Partners said in its July U.S. offshore wind report. Two major OCS projects with around 940 MW of capacity have reached FID and have started onshore construction, and seven projects are... Continue Reading →
(Reuters) - The European Union is planning a deal with Namibia to support the country's nascent green hydrogen sector and boost its own imports of the fuel, EU and Namibian officials said, as the bloc works to reduce its dependence on Russian energy. Hydrogen has long been touted as a less emissions-heavy alternative to fossil... Continue Reading →
(Reuters( President Joe Biden's administration on Friday unveiled a five-year proposal for offshore oil and gas development in areas of existing production, and said the final plan may have anywhere from zero to 11 lease sales. The range of options, between two auctions a year and none at all, sought to balance the administration's efforts... Continue Reading →
(epbr) It is Petrobras' culture to develop petroleum frontiers of high geological complexity, demanding development and application of the most daring technologies. From the pioneering onshore exploration activities to the pre-salt layer, the company has stood out for creating innovative solutions to enable the exploration of these areas, helping to strengthen the national industry, energy... Continue Reading →
Enauta started the scheduled shutdown of the Atlanta field, in the Santos basin. The expectation is that the operation of the field will be resumed in August. During the stoppage of production of the asset, the company intends to carry out a series of activities to meet the regulatory requirements of the Ministry of Labor.... Continue Reading →
3R PETROLEUM ÓLEO E GÁS S.A. (“3R” or “Company”), in compliance with provisions of article 12 of CVM Resolution No. 44, communicates to its investors and the market in general that received on June 30, 2022, notice from Banco BTG Pactual S.A. (“BTG Pactual” or “Bank”) informing about the change in its equity interest in... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 10/22/21, informs that it signed an agreement today with the National Agency of Petroleum, Natural Gas and Biofuels (ANP) relating to the collection of royalties on the operation of the Shale Industrialization Unit (SIX), located in São Mateus do Sul, state of Paraná,... Continue Reading →
Developers are currently planning to install more than 6 gigawatts (GW) of offshore offshore wind capacity over the next seven years, with the bulk of the projects coming online in 2025, the U.S. Energy Information Administration said in its Preliminary Monthly Electric Generator Inventory report. The number would fall far short of the Biden Administration’s target of... Continue Reading →
Norwegian oil and gas company Aker BP has revealed that the acquisition of Lundin Energy’s oil and gas business, through a statutory merger, is expected to be completed today, which will create the largest listed E&P company focused exclusively on the Norwegian Continental Shelf (NCS). Back in December 2021, Aker BP agreed to acquire Lundin Energy’s oil... Continue Reading →
Brazil Energy Insight 