Jan 23 (Reuters) - European governments including Germany, Britain and Denmark will reinforce their plans to massively expand wind power projects on Monday, despite U.S. President Donald Trump stepping up criticism of their green energy agenda, a draft declaration due to be signed by government leaders showed. Trump has been openly critical of European countries'... Continue Reading →
Veolia and SBM Offshore to Develop Floating Desalination Platform
Veolia and SBM Offshore have signed a Memorandum of Understanding to develop and deploy innovative freshwater floating production units (FPUs), combining advanced reverse osmosis desalination technology with proven offshore engineering expertise to offer a sustainable, ocean-based solution to address global water demand. As water scarcity increasingly impacts business continuity and regional stability, securing reliable freshwater... Continue Reading →
Guyana’s next development targeting close to one billion barrels of oil
Jan. 13 (oilnow.gy) Guyana is preparing for its next major step in offshore oil production with the Uaru development, ExxonMobil’s upcoming project in the Stabroek Block. Rather than opening a new frontier, Uaru deepens production in an already proven basin. The project is built around scale. More than 800 million barrels of recoverable oil are... Continue Reading →
Brazil’s ComBio expects revenue to hit $430 mln as corn ethanol clients increase output
Dec 22 (Reuters) - ComBio, Brazil’s largest supplier of renewable thermal energy for industrial clients, expects to triple its revenue to about 2.4 billion reais ($430 million) within five years amid growing demand from corn ethanol producers, commercial director Ricardo Blandy told Reuters on Monday. Some 25 corn ethanol plants operate in Brazil, where another... Continue Reading →
Petrobras and Shell Brazil Launch Carbon Countdown, the Largest Carbon Stock Inventory Ever Conducted in the Country
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 →
TGS Begins Survey in the Pelotas Basin
Dec. 1 (TN) TGS began, this Saturday (November 29th), 3D marine seismic survey in the Pelotas sedimentary basin, Pelotas Norte Phase I program, 96 kilometers off the coast of the municipality of Laguna, in Santa Catarina, between the municipalities of Florianópolis and Palmares do Sul, at depths greater than 200 meters. The research area was... Continue Reading →
Petrobras supplies Transpetro ships with bunker fuel containing 24% renewable content
Nov. 26 - Petrobras supplied three Transpetro ships with bunker fuel containing 24% renewable content. The operation took place at the São Sebastião Waterway Terminal (Tebar), in São Paulo. The fuel that supplied the vessels is composed of 24% biodiesel supplied by Petrobras Biocombustível (PBio). The ships Zumbi dos Palmares, with approximately 1,300 tons, and... Continue Reading →
US companies hold the line at climate talks despite Trump
Nov 24 (Reuters) - Despite the U.S. government souring on the global climate agenda ahead of the COP30 summit, American companies did not shy away. A Reuters analysis of attendance lists shows there were 60 representatives of Fortune 100 companies at the Brazil event, compared with 50 at last year's in Baku, Azerbaijan. Still others attended pre-conference... Continue Reading →
Takeaways from the COP30 climate summit in Brazil
Nov 23 (Reuters) - This year's U.N. climate change summit ended with a tenuous compromise for a deal that skipped over most countries' key demands but for one: committing wealthy countries to triple their spending to help others adapt to global warming. Here are some of the takeaways from the COP30 climate summit held in Brazil's Amazon... Continue Reading →
Renewables Are Too Cheap to Fail
Nov. 20 (Oilprice.com) Renewable energy has encountered a strange crossroads – it is more successful, and also more divisive, than ever before. Wind and solar have become so successful that they’re not really alternative anymore – they’ve fully entered the mainstream. Not only have renewables outgrown subsidies and become independently successful, they’ve become so cheap... Continue Reading →