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Sept 3 (Reuters) - President Donald Trump's administration plans to revoke federal approval of Avangrid's planned New England Wind project off the coast of Massachusetts, according to a court filing on Wednesday. The legal maneuver is the latest move by U.S. authorities to stymie development of offshore wind energy, which Trump has called ugly, expensive, and unreliable.... Continue Reading →
Sept 2 (Reuters) - Brazil has made a formal request to become a member country of the International Energy Agency (IEA), said the IEA on Tuesday, in a move which would reinforce Brazil's importance in global energy markets. The IEA said it had a received a letter at its Paris headquarters from Brazilian government ministers,... Continue Reading →
Sept. 1 (Agencia Brasil) In July, Brazil surpassed the 5 million barrels of oil and natural gas production per day mark for the first time in history. The record 5.160 million was announced this Monday (1st) by the National Agency of Petroleum, Natural Gas and Biofuels (ANP), the oil and gas industry regulator. Regarding oil... Continue Reading →
Sept.1 (OE) TotalEnergies and its partners QatarEnergy and Société Nationale des Pétroles du Congo have been awarded an exploration license for the Nzombo offshore block in the Republic of Congo. Under the terms of the production sharing contract signed with the Congolese Government, QatarEnergy will hold a 35% participating interest in the block. TotalEnergies affiliate... Continue Reading →
Aug. 29 (Reuters) -Brazil plans to announce a tax incentive plan in early September aimed at attracting foreign tech companies to build data centers in the country, two economic policy officials told Reuters. The sources, who requested anonymity to discuss the confidential plans, said the "Redata" program is designed to build goodwill with big tech... Continue Reading →
Aug 28 (Reuters) - Brazil's Foreign Ministry has ordered trade body Camex to start analyzing whether a local reciprocity law could be used against the United States after U.S. President Donald Trump imposed steep tariffs on several goods from the South American country. The law, passed earlier this year by Brazil's Congress, establishes a legal framework... Continue Reading →
Aug. 28 (offshoreWIND.biz) Connecticut officials say they have been left in the dark about why the US federal government suddenly ordered construction of the Revolution Wind offshore project to stop, even as billions of US dollars, hundreds of jobs, and counted-on grid capacity hang in the balance. “If there are issues to discuss, let’s discuss... Continue Reading →
Aug 27 (Reuters) - Brazilian state-run oil firm Petrobras on Wednesday concluded an emergency drill in the country's Foz do Amazonas basin, the company and Brazil's environmental agency said, marking one of the final steps needed to secure a controversial exploration license at the mouth of the Amazon river. Petrobras considers the drill, a pre-operational... Continue Reading →
Aug.t 26 (Reuters) U.S. President Donald Trump has used his second term in the White House to stymie development of wind and solar energy facilities that were a cornerstone of former President Joe Biden's climate and energy agendas. Here is a timeline of actions his administration has taken to unravel federal support for clean energy... Continue Reading →
Aug. 27 (Reuters) Suriname state oil firm Staatsolie will launch in November an 'open-door offering' for offshore areas to be explored and evaluated, the company said on Tuesday, as the small South American nation seeks partners and financing for what it hopes could be an oil and gas boom. Following a positive investment decision last... Continue Reading →
Brazil Energy Insight 