(PN) Brazil's energy matrix offers technological opportunities that can place the country at the forefront of decarbonization in a wide range of demand segments. The analysis is by energy research firm Rystad Energy. According to the consultancy, the country has a head start in the transition to low-carbon energy compared to many other large countries... Continue Reading →
(Reuters) - Spanish engineering firm Acciona (ANA.MC) and Germany's Nordex (NDXG.DE) said on Friday they teamed up to develop green hydrogen projects within the next 10 years in the United States, Latin America and Africa. The 50-50 joint venture aims to reach the ready-to-build stage for its first projects by 2027 and expects to reach a production capacity of... Continue Reading →
(OW) The US Department of Energy (DOE) has selected nine floating wind foundation projects in Phase One of the FLoating Offshore Wind ReadINess (FLOWIN) Prize. Each project will receive USD 100,000 in funding and USD 75,000 in vouchers for technical support provided by DOE national laboratories. The winners of the first phase of the FLOWIN... Continue Reading →
(Reuters) - Shell (SHEL.L) is splitting up its renewables and low-carbon division as part of CEO Wael Sawan's shake-up to boost the energy giant's returns. The changes come as Sawan, who took office at the start of the year, has signalled in recent weeks that Shell is considering ditching oil reduction output targets as part of its... Continue Reading →
(OEM) The Netherlands Enterprise Agency (RVO) has issued a tender for offshore geotechnical investigations at the Nederwiek Wind Farm Zone. The contracts to be awarded under the tender, which is divided into two lots, are valued at €45.5 million in total. Through the first lot, RVO will award a contract worth €11 million for a seabed cone... Continue Reading →
(OEM) In a world besieged by energy and climate crises, carbon capture and storage (CCS) technology is often presented as a net-zero solution. However, a new report by the Institute for Energy Economics and Financial Analysis (IEEFA) points out that adding CCS to fossil-fired power plants will have unsustainable implications on electricity prices, with the... Continue Reading →
Petróleo Brasileiro S.A.- Petrobras informs that today it released the new edition of its Climate Supplement. The document details information regarding Petrobras' emissions performance in 2022, in addition to the progress made in indicators related to climate change commitments. The Climate Supplement also presents how the challenges of climate change are reflected in the company's... Continue Reading →
(PN) Karoon made another advance in its Patola field, located in block BM-S-40, in the Santos Basin. The Australian operator stated that it has started production from the field's second well (PAT-1), at an initial rate of more than 12,000 barrels of oil per day. The total production of the BM-S-40 block is now over... Continue Reading →
(OE) Dutch state-owned electric grid company TenneT has awarded 11 contracts worth a combined 23 billion euros ($25 billion) to build systems connecting wind farms in the North Sea to shore, it said on Thursday. The contracts are being awarded to consortia led by Hitachi Energy and by General Electric, and caused shares in Petrofac, part of the Hitachi consortium,... Continue Reading →
(RN) CIP, through its New Markets Fund, and the Philippines Government have signed a series of Offshore Wind Service Contracts with aggregate capacity estimated at 2GW. The fund signed the 25-year contracts with the Department of Energy, making CIP the first company to venture on a 100% foreign-owned basis into offshore wind development in the... Continue Reading →
