Aug. 18 - Inyanga Marine Energy Group has announced that Martin Murphy has been appointed as Chair of the Board. Following 12 years’ service in the Royal Navy, Martin has forged a career as an experienced CEO and Chartered Engineer. Martin has a strong leadership background in large international corporations and as an entrepreneur, with... Continue Reading →
Petrobras Mulls Ethanol Market Entry with Investment in Raizen – report
Aug.18 (Reuters) Petrobras is considering an investment in sugar and ethanol producer Raizen as a way to re-enter the ethanol market, local newspaper O Globo reported on Saturday, citing sources. Petrobras had previously said it was eying a return to the ethanol sector after having announced in its 2017-2021 strategic plan it would no longer... Continue Reading →
Saipem Milestone in Guyana Yellowtail Project
Aug. 18 (OE) Saipem reports it has successfully completed its designated scope of work for the development of the Yellowtail field, operated by ExxonMobil Guyana Ltd., located in approximately 1,800m of water within the Stabroek Block offshore Guyana. Awarded the contract in 2022, Saipem undertook the Engineering, Procurement, Construction, and Installation (EPCI) of the Subsea Umbilical, Riser, and Flowline (SURF)... Continue Reading →
PRIO on Peregrino Field shutdown
Aug. 18, 2025 – PRIO S.A. (“Company” or “PRIO”) (B3: PRIO3), informs its shareholders and the market in general that on Friday, August 15, 2025, the National Agency of Petroleum, Natural Gas and Biofuels (“ANP”) decided to stop production on the Peregrino FPSO, operated by Equinor do Brasil Ltda. (“Equinor”), as communicated to the consortium partners... Continue Reading →
Eletrobras partners with C3 AI to modernize Brazil’s power grid
Aug 18 (Reuters) - Brazilian power company Eletrobras has partnered with C3 AI to apply artificial intelligence to help operate the electric power transmission network in Latin America's largest economy, the two companies told Reuters on Monday. Eletrobras, Brazil's largest operator in the segment, will implement the C3 AI Grid Intelligence tool, which focuses on monitoring... Continue Reading →
China builds record-breaking floating wind turbine — it could change the face of renewable energy
Aug. 15 (livescience.com) Chinese engineers have created a prototype floating wind turbine that they say has broken power generation records — potentially ushering in a new generation of renewable power generation. The turbine is the result of research by Chinese energy giant China Huaneng Group and power generator Dongfang Electric Corporation, both of which are state-owned enterprises. Each turbine... Continue Reading →
FPSO Almirante Tamandare breaks production record soon after starting production at the Buzios 7 Field
Aug. 15 (PN) FPSO Almirante Tamandare (Búzios 7 Project) reached yesterday (14) the highest production flow rate per unit in Petrobras' history, three months ahead of schedule, November of this year: 225,000 barrels per day. The FPSO began operations in February in the Buzios field, in the Santos Basin pre-salt layer. The record confirms expectations... Continue Reading →
Bumi Armada-MISC merger falls through
(offshore-energy.biz) Talks about a potential business combination between Malaysia’s Bumi Armada and the offshore segment of the compatriot shipping giant MISC Berhad (MISC), an owner and operator of offshore floating and energy-related maritime solutions and services, have come to nought. A few months ago, Bumi Armada revealed that the due diligence exercise with MISC was... Continue Reading →
Brazilian technology uses artificial intelligence to improve oil platform safety
August 15th, 2025 – Shape Digital, Shell Brasil, MODEC Brasil and Unicamp have signed a partnership to develop new methodologies for monitoring operational risks using artificial intelligence. The solution will be based on Shape Reef, a tool for operational process safety designed by Shape Digital. It will be enhanced to identify the degradation of safety... Continue Reading →
Clean Energy Exports From China Are Lowering Carbon Emissions In Other Countries
Aug.14 (cleantechnica.com) A new report by Carbon Brief contains some pretty interesting news. It says China’s exports of clean energy technologies such as solar panels, batteries, and electric vehicles are helping to cut emissions in other countries. In 2024, those exports helped reduce global emissions outside of China by 1% and will avoid some 4 billion tons... Continue Reading →