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(Reuters) - Colombia's majority state-owned oil producer and energy company Ecopetrol (ECO.CN) on Friday launched its first green-hydrogen pilot project at its refinery in the Caribbean city of Cartagena, it said in a statement. Using a 50-kilowatt Proton Exchange Membrane electrolyzer, 270 solar panels, and water used by the refinery, Ecopetrol will produce 20 kg (44 lb)... Continue Reading →
(Reuters) - Shell (SHEL.L) announced on Friday it has applied for a license from Brazil's environmental agency Ibama to generate offshore wind power in six areas in the country. The six projects are located in the Brazilian states of Piaui, Ceara, Rio Grande do Norte, Espirito Santo, Rio de Janeiro and Rio Grande do Sul. The total... Continue Reading →
Petrobras started the licensing process for the Auri robot, Autonomous Underwater Riser Inspection, a technology patented and developed by Petrobras in partnership with PUC-Rio. Equipped with high resolution cameras and remotely operated, the AURI is able to identify, with high precision, maintenance needs in the flexible pipelines that transport oil from subsea facilities to production... Continue Reading →
(PetroleoHoje) Petrobras found signs of oil in the Três Marias discovery, which was originally notified to the ANP with only signs of gas. The regulatory agency informed that there was an update of the information sent in the first Notice of Discovery, which was made available on the ANP website in January this year. The... Continue Reading →
(Reuters) Portugal plans to hold its first auction for floating offshore farms this summer, which it hopes will be able to produce between 3 and 4 gigawatts (GW) of power in 2026, Environment and Energy Transition minister Joao Matos Fernandes told Reuters. As part of a global shift away from carbon-emitting fossil fuels, countries are... Continue Reading →
(Reuters) - Oil output in the Permian in Texas and New Mexico, the biggest U.S. shale oil basin, is due to rise 70,000 barrels per day (bpd) to a record 5.208 million bpd in April, the U.S. Energy Information Administration (EIA) said in its productivity report on Monday. Total output in the major U.S. shale... Continue Reading →
(Reuters) - Oil prices shed as much as $4 a barrel on Monday, extending last week's decline as diplomatic efforts to end the war in Ukraine geared up and markets braced for higher U.S. interest rates. Brent crude futures were last down by $3.81 or 3.4% at $108.86 a barrel at 0741 GMT on Monday.... Continue Reading →
(PetroleoHoje) Petrobras obtained the environmental license from Ibama for the project to revitalize the Marlim and Voador fields, in the Campos Basin. The authorization is valid for five years. TechnipFMC will be responsible for supplying up to eight manifolds for the project, while NOV and Baker will supply 448 km of flexible lines – 280... Continue Reading →
(Reuters) - Last year, when Brazilian President Jair Bolsonaro sacked the head of state-run oil company Petrobras amid a spat over domestic fuel prices, the market reaction was apoplectic. Preferred shares in the firm plummeted 22% in a day. Analysts quickly downgraded a slew of Brazilian assets from state banks to sovereign debt. Many investors... Continue Reading →
The deadline for companies registered in the Permanent Offer to present additional offer guarantees for sectors of blocks included in the 3rd Bidding Cycle, which will be carried out under the concession regime, ends next Monday (3/14). The areas that are included in the 3rd Cycle are located in the Espírito Santo, Pelotas, Potiguar, Recôncavo,... Continue Reading →
Brazil Energy Insight 