Voltalia launches a transformation programme targeting a return to profit from 2026, built on a refocus of activities, a new operating structure and self-financed growth of 300 to 400 MW per year.
BW Energy has finalised a $365mn financing for the conversion of the Maromba FPSO offshore Brazil and signed a short-term lease for a drilling rig with Minsheng Financial Leasing.
Viridien and TGS have started a new 3D multi-client seismic survey in Brazil’s Barreirinhas Basin, an offshore zone still unexplored but viewed as strategic for oil exploration.
Brazil’s Cop 30 presidency aims to leverage the Dubai commitments to mobilise public and private actors despite ongoing deadlock in international negotiations.
A prudent limit of 1,460 GtCO2 for geologic storage reshapes the split between industrial abatement and net removals, with oil-scale injection needs and an onshore/offshore distribution that will define logistics, costs and liabilities.
Norwegian group Scatec has signed a power sales agreement with BTG Pactual for its first solar project in Colombia, representing an estimated $110mn investment.
BrasÃlia has officially begun the process of joining the International Energy Agency, strengthening its strategic position on the global energy stage after years of close cooperation with the Paris-based organisation.
Brazilian authorities have launched a large-scale operation targeting a money laundering system linked to the fuel sector, involving investment funds, fintechs, and more than 1,000 service stations across the country.
CATL unveiled in São Paulo its new 9MWh TENER Stack system, designed for the South American market, responding to rising demand for energy storage driven by the growth of renewable energy.
With net output reaching 384.6 million barrels of oil equivalent, CNOOC Limited continues its expansion, strengthening both domestic and international capacities despite volatile crude oil prices.
Bruno Moretti, current special secretary to the presidency, is in pole position to lead Petrobras’ board of directors after Pietro Mendes’ resignation for a regulatory role.
Indonesia Energy Corporation signs a memorandum of understanding with Aguila Energia to identify oil and gas assets in Brazil, marking a first incursion outside its domestic market.
Driven by rising industrial demand and emerging capacities in Asia, the global petrochemicals market is expected to see sustained expansion despite regulatory pressures and raw material cost challenges.
Indian imports of Brazilian crude reach 72,000 barrels per day in the first half of 2025, driven by U.S. sanctions, and are expected to grow with new contracts and upstream projects between Petrobras and Indian refiners.
Electric vehicle charging infrastructure investments are expected to hit $300 billion by 2040, driven by a 12.3% annual increase in global charging port deployments.
Petrobras is holding talks with SBM Offshore and Modec to raise output from three strategic FPSOs, two already at full capacity, to capture more value from the high-potential pre-salt fields.
Intense drought on the Madeira River is forcing Brazil to reduce its dependence on hydroelectricity, in favor of more expensive thermal sources and energy imports from neighboring countries.
ENGIE Brasil Energia's Serra do Assuruá wind farm complex in Gentio do Ouro, Bahia, has begun commercial operations.
This first phase represents 8% of the project's total installed capacity.
Accenture acquires BOSLAN to optimize net-zero infrastructure investments, strengthening its engineering project management capabilities for the global energy transition.
Petrobras, the Brazilian oil company, joins forces with a partner to acquire a 40% stake in Galp's Mopane block in Namibia, with the aim of strengthening its reserves.
The United Arab Emirates is becoming a major player in the International Renewable Energy Certificate (I-REC) market, thanks to a significant rise in nuclear production and increased adoption of corporate sustainability goals.
China exports a record 120,427 MW of solar modules in the first half of 2024, thanks to a substantial reduction in prices, despite persistent trade tensions.
Saudi Arabia's Minister of Industry and Mineral Resources visits Brazil and Chile to boost investment in lithium, key to the Kingdom's economic diversification.
EDF Renouvelables announces the commissioning of its largest wind farm in South America, Serra do Seridó, located in the state of ParaÃba, Brazil. This 480 MWp park supplies power to 1.5 million homes.
Latin America will see its onshore wind capacity double to 79 GW over the next ten years, with Brazil, Chile and Argentina accounting for 81% of this regional growth, according to Wood Mackenzie.
