The Northeast Consortium and the World Bank signed today (25) a memorandum of understanding with an eye on the development of projects focused on clean energy, water and sanitation, the environment and connectivity. Among the areas of action established in the document are projects related to the use of low-carbon hydrogen and the distribution of... Continue Reading →
Floating Wind: Principle Power Expands WindFloat Portfolio with Two Market-Ready Solutions
(OE) Principle Power, a provider of floating foundation solutions for the floating wind industry, said Tuesday it had expanded its WindFloat product portfolio to two fully industrialized products: the existing WindFloat tubular design – now called WindFloat T – and the new flat panel, pontoon-based solution, known as the WindFloat F. Principle Power said both... Continue Reading →
Petrobras signs agreement with TotalEnergies and Casa dos Ventos to evaluate renewable energy opportunities
Petróleo Brasileiro S.A. – Petrobras informs that on Thursday (September 14) it signed a non-binding memorandum of understanding with TotalEnergies and Casa dos Ventos to evaluate renewable energy projects in Brazil. The aim is to develop joint studies to study business opportunities in onshore wind, offshore wind, solar and low-carbon hydrogen in the country, using... Continue Reading →
Petrobras sets its cap on pursuing further decarbonisation pieces in energy transition puzzle
(OET) Brazilian state-owned oil and gas giant Petrobras has notched new emissions reduction milestones, thanks to two of its giant fields in the pre-salt of the Santos Basin recording emissions below the world average last year while its carbon capture utilisation and storage (CCUS) efforts paid off, enabling it to get ranked as the largest in... Continue Reading →
BP’s Interim CEO to Stick to Energy Transition after Looney’s Exit
BP's interim CEO Murray Auchincloss is expected to stick to the company's plans to shift away from oil and gas following CEO Bernard Looney's abrupt resignation, company sources said. Looney took the top job in February 2020 with a vow to reinvent the British oil giant, and has since led it through a radical transformation with plans to... Continue Reading →
Petrobras signs partnership with WEG for onshore wind power
Petróleo Brasileiro S.A. – Petrobras informs that it has signed a strategic partnership with WEG, a global Brazilian electronics equipment company, for the joint development of a 7 megawatt (MW) onshore wind turbine, the first of this size to be manufactured in Brazil. This project represents an important milestone for Petrobras, as it will increase... Continue Reading →
Neoenergia and the Government of Rio Grande do Norte sign MOU to develop Offshore Wind generation in the coastal region of the state.
(PN) Neoenergia and the Government of Rio Grande do Norte signed a memorandum of understanding to develop studies for the production of offshore wind generation in the coastal region of the state. The agreement also includes mutual cooperation and exchange actions that involve socioeconomic, environmental, technical and regulatory aspects. . The ceremony was attended by... Continue Reading →
Ocean Winds and Prumo Logistica sign MOU to promote Offshore Wind energy initiatives
(PN) Ocean Winds (OW), an international company dedicated to offshore wind energy and created as a 50-50 joint venture in 2020 by EDP Renewables and ENGIE global, and PRUMO LOGÍSTICA, one of the main players in the logistics and infrastructure sector in Brazil, joined forces through a Memorandum of Understanding (MoU) that reinforces the two... Continue Reading →
Deep Wind Welcomes New Offshore Wind Investor
(OW) Offshore wind developer, Deep Wind Offshore, has secured Octopus Energy as a new investor to accelerate international expansion and strengthen Norwegian projects, according to the company. Octopus Energy will join the ownership side of the company, Deep Wind Offshore said, together with the existing industrial owners Knutsen OAS, Haugaland Kraft, and SKL. Deep Wind... Continue Reading →
BP’s Looney holding his nerve over energy transition plan
(Reuters) - BP (BP.L) CEO Bernard Looney says he will not further scale back his energy transition strategy after ceding some ground earlier this year, despite investors penalizing the group over its plan to break away from rivals in cutting oil and gas output. Taking office in February 2020 with a vow to reinvent the 114-year-old company,... Continue Reading →
