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(eixos.com.br) On Friday, the federal government dismissed the National Secretary for Energy Transition and Planning of the Ministry of Mines and Energy (MME), Thiago Barral The decision was published in an extra edition of the Official Gazette of the Union (DOU), signed by the Chief of Staff of the Civil House, Rui Costa, while the... Continue Reading →
Petrobras, following up on the release of 03/27/2025, informs that its Board of Directors (BoD), in a meeting held today, approved the early termination of the mandate of the Chief Energy Transition and Sustainability Officer, Mauricio Tolmasquim, in a negotiated manner, on 05/27/2025. The Board of Directors also approved the appointment of the Chief Industrial... Continue Reading →
(eixos) Petrobras CEO Magda Chambriard confirmed that the company's Energy Transition and Sustainability Director, Maurício Tolmasquim, is leaving his position. The decision comes after Tolmasquim was appointed to the Board of Directors of Eletrobras by President Luiz Inácio Lula da Silva. Magda Chambriard spoke to the press during her participation in the Offshore Technology Conference... Continue Reading →
(OM) Petrobras has upped its oil and gas exploration budget to develop new frontiers and expand production, even as it intends to foster the “energy transition” and work towards the Net Zero by 2050 goal. Those were among the thoughts offered by Petrobras CEO Magda Chambriard at a technical session held on Monday at the... Continue Reading →
(Reuters) - The main Colombian guild for oil, gas, and energy service companies proposed on Tuesday several measures to mitigate the drop in exploration and production (E&P) of oil and to take on the natural gas deficit in the South American country. Campetrol's proposed measures include declaring offshore projects necessary for future gas supply, adjusting... Continue Reading →
(evwind.es) Colombia announced that it managed to obtain 69 areas for the first round of wind energy in the Colombian sea, an initiative led by the Ministry of Mines and Energy, the General Maritime Directorate (DIMAR) and the National Hydrocarbons Agency (ANH). According to the Ministry of Mines and Energy, the deadline established for the... Continue Reading →
(offshoreWIND.biz) The European Union has unveiled the Clean Industrial Deal, a transformational business plan outlining concrete actions to turn decarbonisation into ‘a driver of growth‘ for European industries by supporting renewable energy sources. Specifically, the plan aims to lower energy prices, create ‘quality’ jobs and the ‘right’ conditions for companies to thrive, accelerating decarbonisation while at... Continue Reading →
Engineering and energy advisory consultancy Apollo has secured Phase 2 concept definition contract from Net Zero Technology Centre (NZTC) for the Hydrogen Offshore Production (HOP2), which aims to progress the design of 500MW offshore hydrogen production facility for HOP2. The second phase of the project builds on Apollo’s earlier work, and aims to further develop... Continue Reading →
(OE) Energy company Saipem’s performance in 2024 confirms, for the third consecutive year, a trajectory of growth and margin recovery for the group, as well as an acceleration in cash flow generation and the strengthening of the company’s balance sheet. Revenue stood at €14.5 billion in 2024, and EBITDA adjusted at €1.3 billion, corresponding to... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that it has signed the following agreements with Banco do Brasil (BB): (i) The contracting of two Export Credit Notes (ECN) with sustainability commitments, one valued at R$ 3.5 billion and the other at R$ 3 billion, both maturing in 2032; (ii) Renewal of a Revolving Credit Facility (RCF)... Continue Reading →
Brazil Energy Insight 