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Brazil
Oil Field
Hunt for Partners Coming Soon as Brazilian Oil Project’s Cost Estimates Reach up to $1.2b
Australia’s Karoon Energy is advancing its Neon oil field project in the Santos Basin, 75 kilometers northeast of the Baúna project off Brazil&rsqu…
Oil Field
BW Energy Sets Aside $107M to Boost Production From Brazilian Deepwater Field
BW Energy, listed in Oslo, has approved the final investment decision for the Golfinho Boost project, targeting an additional 3,000 barrels per day of oil produ…
Oil Field
Brazilian Oil Field’s FPSO Two Wells Richer With Another Duo Slated for June
Brava Energia, a Brazilian energy company formed from the merger of 3R Petroleum and Enauta, has activated two additional wells, 4H and 5H, at the Atlanta field…
Oil Field
Oil Uplift Coming up Next on Brazilian Field’s Horizon
BW Energy, listed on the Oslo Stock Exchange, has confirmed a final investment decision for the Golfinho Boost project in the Espírito Santo Basin, offsh…
Renewable Diesel
Declining Prices Clear Way for Brazil to Raise Biodiesel Blend to 15%, Industry Group Says
Brazil is poised to raise its mandatory biodiesel blend in diesel from 14% to 15%, according to Daniel Amaral, director of economics and regulatory affairs at A…
Power Construction
Brazil Working on Power Reform to Raise Subsidies for the Poorest, Minister Says
On Thursday, Brazil’s Energy and Mines Minister, Alexandre Silveira, announced plans for a power sector reform to expand the number of low-income househol…
Spent Fuel (Used Fuel)
Angra’s Used Fuel Storage Permit Extended
Brazil’s National Nuclear Energy Commission (CNEN) has issued a 40-year extendable permit for the Complementary Dry Storage Unit for Used Fuel (UAS) at th…
Natural Gas
Argentina Starts Gas Exports to Brazil Through Bolivia
Argentina successfully exported gas from its Vaca Muerta shale formation to Brazil for the first time, utilizing a network of Bolivian pipelines. This milestone…
Geothermal Power Project
World Bank Announces $150 Million Investment for Geothermal in El Salvador
The World Bank has recently approved a $15 million, six-year investment program to support El Salvador in expanding its geothermal energy capabilities. The fund…
Carbon Emissions
Brazil’s Petrobras, Bndes Partner to Buy Carbon Credits in Amazon Region
Monday's news highlights a significant collaboration between Petrobras (PETR4.SA) and BNDES, two major players in Brazil's oil and development sectors. …
Oil Price
Petrobras Lowers Diesel Prices for First Time in More Than a Year
Petrobras lowers diesel prices for the first time in over a year, impacting fuel costs in Brazil. The state-run oil company announced a 4.6% cut in diesel price…
Smart Meter
Siemens and CPFL Energia Partner to Deploy Smart Meters in Brazil
Siemens Smart Infrastructure has collaborated with CPFL Energia, one of Brazil’s largest energy distributors, to modernise the country’s electricity…
Solar project
Shell Scraps Solar, Onshore Wind Power Projects in Brazil
Shell (SHEL.L), is discontinuing its solar and onshore wind power generation projects in Brazil, as part of a "portfolio adjustment", the company said on Thursd…
Power Construction
Brazil’s Eletrobras, Government Sign Agreement to End Lawsuit Over Voting Power
Brazilian power company Eletrobras has signed an agreement with the nation's government to end a legal dispute over government voting power in the company, …
Photovoltaic (PV)
Brazil’s PV Capacity Hits 55 GW
Brazil’s installed solar capacity has reached 55 GW, according to new data from the Brazilian Solar Energy Association (ABSolar).At the end of December, c…
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