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The US Bureau of Ocean Energy Management (BOEM) has completed the environmental review of the Empire Wind 1 & 2 offshore wind farms, proposed to be built offshore New York by a joint venture of BP and Equinor, and plans to issue a Record of Decision (ROD) on whether to approve the project this autumn.... Continue Reading →
(Reuters) - The European Union will put forward a package of measures to support Europe's wind power industry as renewable energy companies struggle with challenges including inflation, European Commission President Ursula von der Leyen said on Wednesday. "We will fast-track permitting even more. We will improve the auction systems across the EU. We will focus... Continue Reading →
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 →
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 →
(PN) Petrobrás in final preparations to begin operating its newest platform, the FPSO Sepetiba. The unit arrived in Brazil last weekend and is expected to begin production in the Mero field, in the Santos Basin, during the fourth quarter of this year. The FPSO will have the capacity to produce up to 180 thousand barrels... Continue Reading →
(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 →
(PN) The Minister of Mines and Energy, Alexandre Silveira, said today that the government is working with the National Congress to approve the legal framework for the exploitation of offshore wind energy. The minister highlighted that it is necessary to take advantage of Brazil's great potential in generating energy from this source. “I have worked... Continue Reading →
(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 →
(Reuters)BP CEO Bernard Looney has stepped down after less than four years in office following several allegations of personal relationships with colleagues, the company said in a statement on Tuesday. BP Chief Financial Officer Murray Auchincloss will act as CEO on an interim basis, the company said. "BP plc announces that Bernard Looney has notified... Continue Reading →
(OP) International oil and gas majors, including UK-based Shell and Brazil’s Petrobras, have shown interest in expanding their participation in natural gas projects offshore Colombia, Ricardo Roa, the head of Colombia’s state energy firm Ecopetrol, has told Bloomberg in an interview. Colombia’s Caribbean coast has several promising offshore gas projects and recent deepwater discoveries have raised the... Continue Reading →
Brazil Energy Insight 