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Petróleo Brasileiro S.A. – Petrobras, following up on the Material Facts of 11/09/2023, 11/21/2023 and 03/13/2024, informs that it will pay today the second installment of dividends relating to the balance sheet of September 30, 2023. The gross amount to be distributed today is R$ 0.68864344 per common and preferred share, in the form of... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that it has signed a Memorandum of Understanding with Mitsui & Co. (Brasil) S.A. for a non-binding assessment of low-carbon business opportunities in Brazil. The agreement was signed during CERAWeek, a global energy conference being held in Houston, USA. The partnership involves evaluating potential opportunities for the production of... Continue Reading →
(Reuters) - Norwegian state-owned utility Statkraft, which has quietly become Europe's largest renewable energy producer, faces the challenge under its new CEO of balancing ambitions for global growth with financial restraint and calls to go public. On Monday, Statkraft's board announced Birgitte Ringstad Vartdal, its head of Nordic operations, would take on the top job... Continue Reading →
Germany's top utility RWE has signed a Letter of Support with the Port Authority of A Coruña to facilitate the scaling-up of the port capacity in support of the Spanish government’s floating wind targets. Working together under a Letter of Support, the partners will investigate the potential for transforming infrastructure at the Port of Coruña,... Continue Reading →
(OE) Saipem and Fincantieri have signed a memorandum of understanding (MoU) to evaluate commercial and industrial opportunities for cooperation in the field of autonomous subsea vehicles (AUV) and their integration with surface and underwater units. The MoU is among the initiatives aimed at promoting and developing Italy’s national excellence in the underwater sector. The agreement... Continue Reading →
(Reuters) Top oil executives took to the stage of a major energy conference on Monday to vocally oppose calls for a quick move away from fossil fuels, saying society would pay a steep cost to replace oil and gas. Big oil companies including BP and Equinor have written down renewable energy projects and others have... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, in relation to the news published in the media and as already disclosed on March 12 and March 15, reaffirms that the statement that there was any promise to pay extraordinary dividends at the event held with analysts and investors on 01/30/2024 and 01/31/2024 (Deep Dive) held by the company... Continue Reading →
(Bloomberg) -- Inside Brazil’s presidential palace, angst is mounting as the economy sputters along, churning out tepid growth figures month after month. President Luiz Inacio Lula da Silva is ratcheting up the pressure on his top aides to boost spending, gin up faster growth and turn around his sinking approval ratings. This, people close to... Continue Reading →
(Offshore-energy.biz) Italian cabling giant Prysmian in 2023 delivered what it says was a “remarkable performance” with “outstanding” financial results, record backlog in Transmission, as well as increased 2030 emission reduction ambition. For the financial year 2023, Prysmian’s adjusted EBITDA rose by 9.4% to €1,628 million, with improving margins at 10.6% compared to 9.3% in 2022 – a year that Prysmian... Continue Reading →
(Reuters) - Exxon Mobil(XOM.N), opens new tab CEO Darren Woods on Monday said his company is trying to secure preemption rights over Hess Corp (HES.N), opens new tab's Guyana assets in its dispute with Chevron (CVX.N), opens new tab, not buy the company itself. In his first public remarks on the company's pursuit of an arbitration case that could block... Continue Reading →
Brazil Energy Insight 