Enegix commissions Black & Veatch studies for 600 million kg/pa green hydrogen generation facility in Ceará, Brazil

(BUSINESS WIRE)--Black & Veatch will undertake feasibility studies central to the development of the world’s largest green hydrogen plant. When operational, Enegix Energy’s Base One facility in Ceará, Brazil, will produce more than 600 million kilogrammes of green hydrogen annually. The highly ambitious new-build electrolysis facility will be powered entirely by renewable energy, initially 3.4... Continue Reading →

March 19, 2021 0

Fortescue and EIG-Backed Companies Sign MoU to Explore Joint Development of Green Hydrogen Plant in Brazil

(BUSINESS WIRE)--EIG, a leading institutional investor to the global energy sector, and Prumo Logística S.A. (“Prumo”), a private Brazilian company controlled by EIG, today announced the signing of a Memorandum of Understanding (“MoU”) between Prumo’s subsidiary, Porto do Açu Operações S.A. (“Port of Açu” or the “Port”), and Fortescue Future Industries Pty Ltd (“FFI”). FFI... Continue Reading →

March 17, 2021 0

Invest $131 trillion in clean energy by 2050 to hit climate goals, agency says

(Reuters) - Planned investment in clean energy must increase by 30% to a total of $131 trillion by 2050 to avert catastrophic climate change, with the need to massively scale up hydrogen production particularly acute, according to a study here published on Tuesday. In its annual flagship report, the International Renewable Energy Agency underscored the scale and... Continue Reading →

March 16, 2021 0

BW Ideol entering Oslo stock exchange, sets 10 GW target for 2030

BW Ideol, a company established after oil & gas services provider BW Offshore’s bought into the floating wind technology developer Ideol, has applied for admission to the Oslo Stock Exchange and is expected to start trading there around 18 March. Through the offering of shares, for which a day-long bookbuilding period was launched on 11... Continue Reading →

March 11, 2021 0

Shell’s 2020 carbon emissions fall on the back of fuel sales drop

(Reuters) - Royal Dutch Shell, owner of the world’s largest fuel retail network, said on Thursday its total greenhouse gas emissions dropped 16% in 2020 as oil and gas sales fell sharply due to the coronavirus pandemic. Shell said in its annual report that total emissions from its oil wells to forecourt fuel sales fell... Continue Reading →

March 11, 2021 0

Exclusive: BP bets on energy trading to fund strategy shift after bumper year

(Reuters) - BP’s trading arm made nearly $4 billion in 2020, according to a copy of an internal BP presentation seen by Reuters, almost equalling the record trading profit in 2019 despite the collapse in oil demand caused by the pandemic. Trading revenue for majors such as BP and rival Royal Dutch/Shell shielded them from... Continue Reading →

March 11, 2021 0

Chevron vows to slow carbon emissions, raise oil output with modest spending

(Reuters) - Chevron Corp on Tuesday outlined a plan to expand oil and gas production through 2025, but without spending significantly more, and pledged to limit the pace of growth of its carbon emissions. Falling energy demand due to pandemic-driven lockdowns sent the industry into a tailspin in 2020 and led Chevron to a $5.54... Continue Reading →

March 10, 2021 0

CERAWeek: Oil Bosses See Crude Oil Demand Climbing, Even with Increased Focus on Renewables

Oil company executives at CERAWeek by IHS Markit were adamant on Monday that crude demand will rise over the coming decade and that the fossil fuel will remain a crucial part of the energy mix even as renewables draw increasing attention. Climate change and renewable fuels are taking center stage at this year's gathering of... Continue Reading →

March 2, 2021 0

Petrobras signs contract for Mangue Seco 2 sale

Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 05/04/2020, informs that it signed today with Fundo de Investimento em Participações Multiestratégia Pirineus (FIP Pirineus), a contract for the sale of its entire 51% interest in the capital of Eólica Mangue Seco 2 - Geradora e Comercializadora de Energia Elétrica S.A. (Eólica... Continue Reading →

February 27, 2021 0

Offshore wind farm planned in Colombia

A new company in Colombia has proposed the South American republic’s first offshore wind farm.The Colombian Martime General Directorate (DIMAR) issued Resolution 9 of 2021 in January. This authorizes Vientos Alisios to conduct pre-feasibility studies from the Port of Cartagena.The proposed 200 MW wind farm, 15 km from the coast, is expected to use 35... Continue Reading →

February 25, 2021 0

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Category: Renewables

Enegix commissions Black & Veatch studies for 600 million kg/pa green hydrogen generation facility in Ceará, Brazil

Fortescue and EIG-Backed Companies Sign MoU to Explore Joint Development of Green Hydrogen Plant in Brazil

Invest $131 trillion in clean energy by 2050 to hit climate goals, agency says

BW Ideol entering Oslo stock exchange, sets 10 GW target for 2030

Shell’s 2020 carbon emissions fall on the back of fuel sales drop

Exclusive: BP bets on energy trading to fund strategy shift after bumper year

Chevron vows to slow carbon emissions, raise oil output with modest spending

CERAWeek: Oil Bosses See Crude Oil Demand Climbing, Even with Increased Focus on Renewables

Petrobras signs contract for Mangue Seco 2 sale

Offshore wind farm planned in Colombia

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