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Dec. 22 - The Brazilian National Petroleum Agency (ANP) has given its approval for the start of operations of the FPSO P-78 in the Búzios field, in the pre-salt layer of the Santos Basin. The vessel has a production capacity of 180,000 barrels of oil, in addition to compressing 7.2 million m³ of gas per... Continue Reading →
Dec. 22 (OE) Dominion Energy released the following statement in response to the U.S. Department of Interior’s Director’s Order for a 90-day suspension of work issued earlier today for the Coastal Virginia Offshore Wind project: "The Coastal Virginia Offshore Wind Project (CVOW) is essential for American national security and meeting Virginia’s dramatically growing energy needs, the fastest... Continue Reading →
Dec 22 (Reuters) - The Trump administration suspended leases on Monday for five large offshore wind projects that are under construction off the U.S. East Coast over what it called national security concerns, sending shares of offshore wind companies plunging. The suspension was the latest blow for offshore wind developers that have faced repeated disruptions to their... Continue Reading →
Dec. 19 - BRAVA ENERGIA S.A. (“BRAVA” or “Company”) (B3: BRAV3), in response to the Official Letter n. 343/2025/CVM/SEP/GEA-1, sent to the Company in December 17, 2025 (“Official Letter”), hereby clarifies the news published by the newspaper CNN Brasil, section Economia/Negócios, in December 17, 2025 (link available here). The contents of the Official Letter are... Continue Reading →
Dec. 17 (Reuters) The Trump administration is reviewing whether to send the Interior Department's Biden-era approval of a Virginia offshore wind project back to the agency for reconsideration, according to a court document filed on Wednesday. The agency is conducting a review of offshore wind leases to comply with Interior Secretary Doug Burgum's July order to end preferential treatment... Continue Reading →
Dec. 17 (oilnow.gy) ExxonMobil anticipates starting its seismic survey offshore Trinidad and Tobago as early as February, the country’s Energy Ministry said on Tuesday. The U.S. oil major anticipates firing the first seismic shot for its ultra-deepwater TTUD-1 block within two months, after selecting a seismic acquisition contractor, according to a statement from the Ministry... Continue Reading →
December 16, 2025 – Petróleo Brasileiro S.A. - Petrobras announces that it has entered into an agreement to form a strategic partnership in the onshore renewable energy segment through the acquisition of 49.99% of Lightsource bp's subsidiaries in Brazil. The partnership will be structured as a joint venture, with shared management between Petrobras and Lightsource... Continue Reading →
Dec. 15 - Petrobras and Shell Brazil launched Carbon Countdown, the largest project ever undertaken to measure, in a standardized way and on a national scale, above- and below-ground carbon stocks in all terrestrial biomes of the country. The companies' mutual interest in the decarbonization process is complemented by the scientific expertise of Esalq/USP, the... Continue Reading →
Dec. 11 (agazeta.com.br) Petrobras has restructured its low-carbon energy portfolio, reducing its ambition in renewable generation projects and positioning offshore wind energy as a long-term priority. In line with this new strategy, which prioritizes balancing demand and regulatory market evolution, the company maintained only one pilot project in Rio de Janeiro, thus removing broader development... Continue Reading →
Dec. 11 (OE) The Norwegian Ministry of Energy has decided to award two project areas for floating offshore wind at Utsira Nord to Equinor- Vårgrønn and Deep Wind Offshore Norway-EDF Renouvelables consortia. The ministry said both applicants met qualification requirements and that each group will receive its own project area. Applications were filed by the... Continue Reading →
Brazil Energy Insight 