Jan. 5 (offshoreWIND.biz) The Goto floating wind farm, Japan’s first commercial floating offshore wind farm, entered full operation on 5 January 2026, according to the consortium behind the project consisting of Toda Corporation, ENEOS Renewable Energy Corporation, Osaka Gas, INPEX Corporation, Kansai Electric Power Co. (KEPCO), and Chubu Electric Power. The 16.8 MW wind farm... Continue Reading →
Equinor challenges US order to suspend Empire Wind project
Jan 2 (Reuters) - Norwegian energy group Equinor said on Friday it had filed a civil suit in the U.S. District Court for the District of Columbia challenging a U.S. Department of the Interior order to suspend its Empire Wind project. "As part of that case, Empire plans to seek a preliminary injunction and allow construction... Continue Reading →
Suriname’s Oil Dreams Collide With Geological Reality
Jan. 3 (oilprice.com) Suriname’s government, in the capital Paramaribo, has been hungrily eyeing neighboring Guyana’s massive world-class oil boom since before the 2020 pandemic. Both impoverished South American nations of less than one million share the Guyana Suriname Basin. The offshore basin is delivering an oil boom that is exceeding all expectations, making Guyana, based... Continue Reading →
No quick wins in tapping Venezuela’s oil reserves
Jan 3 (Reuters) - Venezuela is unlikely to see any meaningful boost to crude output for years even if U.S. oil majors do invest the billions of dollars in the country that President Donald Trump promised just hours following Nicolás Maduro's capture by U.S. forces. The South American country may have the world's largest estimated oil reserves,... Continue Reading →
Argentina’s Shale Boom Propels It Past Colombia in Oil Output
Jan. 2 (oilprice.com) Argentina, in a surprise development, overtook Colombia to become South America’s fourth-largest oil producer. The country is undergoing a once-in-a-generation unconventional hydrocarbon boom, which began with Buenos Aires nationalizing integrated energy major YPF in 2012. Since then, Argentina’s oil and natural gas output has kept soaring higher, regularly hitting new monthly highs as volumes... Continue Reading →
The Growing Backlash Against Data Center Expansion
Jan. 2 (oilprice.com) As tech companies worldwide invest heavily in the deployment of large-scale data centres to power advanced technologies, not everyone is so happy about the new phenomenon. Concerns over energy security and a prolonged reliance on fossil fuels are just two of the issues that are repeatedly coming up, as governments seek to... Continue Reading →
Peru opens state-owned Petroperu to private investment after reorganization
Jan. 2 (Reuters) - Peru issued an emergency decree late Wednesday approving the reorganization of state-owned oil firm Petroperu, allowing private investment in key company assets. The decree signed by Peru's President José Jerí says the company could be separated into one or more asset blocks, including the state-of-the-art Talara refinery that the company spent... Continue Reading →
Orsted challenges US halt of its $5 billion offshore wind project
Jan 2 (Reuters) - Denmark's Orsted said on Friday it was challenging the U.S. government's suspension of the lease for its Revolution Wind joint venture and would seek a court injunction against the decision to halt its $5 billion offshore wind project. The Trump administration suspended leases on December 22 for five large offshore wind projects that are... Continue Reading →
Petrobras starts production at Búzios 6
Jan. 2, 2026 - Petrobras began oil production from the P-78 floating production, storage and offloading (FPSO) vessel in the Búzios field, in the pre-salt layer of the Santos Basin, this Wednesday, December 31. Búzios 6 (P-78) has the capacity to produce 180,000 barrels of oil and 7.2 million m³ of gas per day. The... Continue Reading →
Petrobras postpones AHTS tender to the end of January
Dec. 31 - Petrobras has postponed the deadline for receiving bids in the tender for chartering AHTS (Anchor Handling Tug Supply) vessels to the end of January 2026.This measure is part of a set of adjustments to the state-owned company's contracting schedule for the offshore sector, aiming to allow the market and Brazilian Shipping Companies... Continue Reading →