SUBSCRIBE
PROFILE

Brazil

Brazil invests to connect Roraima to its national power grid
Roraima, the last state not connected to Brazil’s national grid, has been linked through a publicly funded project launched over 14 years ago.
Voltalia unveils SPRING, a strategic plan to restore profitability by 2026
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 raises $365mn for Maromba FPSO and secures drilling rig

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.
en_11400909251540
Viridien and TGS launch 5,300 km² 3D seismic survey offshore Brazil
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 bets on Cop 28 to shape the diplomatic agenda of Cop 30
Brazil’s Cop 30 presidency aims to leverage the Dubai commitments to mobilise public and private actors despite ongoing deadlock in international negotiations.

1,460 GtCO2: Nature study reshapes allocation of global subsurface capacity

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.
en_114030944540
Scatec signs 15-year power purchase agreement for a solar plant in Colombia
Norwegian group Scatec has signed a power sales agreement with BTG Pactual for its first solar project in Colombia, representing an estimated $110mn investment.
Brazil requests full membership in the International Energy Agency
Brasília 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.

Global solar capacity jumps to 380 GW in first half of 2025

New solar installations rose 64% year-on-year, driven by China, which accounted for more than two-thirds of global deployed capacity.
en_11402092037540
Global renewable energy investments reach $386 billion in first half
Driven by distributed solar and offshore wind, renewable energy investments rose 10% year-on-year despite falling financing for large-scale projects.
Brazil dismantles criminal fuel network worth BRL52bn
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 deploys TENER Stack system in Brazil to accelerate regional expansion

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.
en_11402808259540
CNOOC Limited records 6.1% increase in production for H1 2025
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.
Brazil Mobilizes $1 Billion for 65 Hydropower Plants
A landmark auction in Brazil allocates 815 MW to medium-sized hydroelectric plants, with grid injection scheduled from 2030.

Moretti expected to chair Petrobras board with ministerial backing

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.
en_11402108218540
Indonesia Energy enters the Brazilian market with a strategic exploratory agreement
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.
Global Petrochemical Investments Projected to Reach USD 956 Billion by 2032
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.

U.S. Tariffs: India Increases Brazilian Crude Imports by 80% in 2025

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.
en_1140180843540
Global EV Charging Points to Reach 206.6 Million by 2040
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 negotiates to increase capacity of three FPSOs in Brazil
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.
  • Populaires sur energynews.pro
Orazul Energy launches cash tender offer for its 2027 notes
Iraq in talks with ExxonMobil for refining capacities in Asia
Envision Energy signs exclusive agreement for 4.5 GW wind project in Turkey
Greek shipowners cut Russian crude links under new compliance rules
NatPower Marine and Wah Kwong launch electric port network across 30 Asian ports
The UN Warns of Climate Inaction Two Weeks Before COP29
As COP29 approaches, a UN report highlights that current climate commitments will not suffice to limit global warming to 1.5°C, endangering economies and human lives.
The UK Targets 81% Emissions Reduction by 2035: A Strong Signal Ahead of COP29
Ahead of COP29, the Climate Change Committee recommends that the UK commit to an ambitious 81% reduction in greenhouse gas emissions by 2035, reinforcing its role in the global fight against climate change.

Brazil Overtakes Malaysia as Top Supplier of Venezuelan Heavy Crudes to China

In September, Brazil replaced Malaysia as the top supplier of blended bitumen to China, due to banking restrictions and new trade opportunities with Latin American countries.
en_1140115540
A strategic partnership for offshore wind energy in Brazil
Eletrobras and Ocean Winds have signed an agreement to explore the potential of offshore wind energy in Brazil, aiming to develop this new renewable energy source to meet the growing demand for clean energy.
Renewable Energy Outpaces Fossil Fuels in Global Competitiveness
Renewable energy production costs, especially wind and solar, continue to decrease in 2024, surpassing fossil fuels in many markets, according to a report by Wood Mackenzie.

Baker Hughes Reports Strong Third-Quarter 2024 Results

Baker Hughes recorded revenues of $6.9 billion in Q3 2024, with a 23% increase in adjusted EBITDA and a net income of $766 million, confirming the strength of its performance in an uncertain economic environment.
en_114091540
BRICS+ Members Strengthen Their Cooperation in Nuclear Energy
The BRICS+ Nuclear Energy Platform aims to share experiences and support the development of nuclear technologies among member countries, thereby enhancing collaboration in the energy sector.
Petrobras and Vale Commit to Industrial Decarbonization in Brazil
A major agreement between Petrobras and Vale marks a significant advancement in the decarbonization efforts of Brazil's energy and mining sectors, with the supply of renewable content diesel intended for heavy vehicle fleets.

TotalEnergies Faces Historic Decline in European Refining Margins

TotalEnergies announces a drop in its refining margins in Q3 2024, with a 66% decrease compared to the previous quarter, due to falling prices for petroleum products worldwide.
en_1140880939540
India Diversifies Its Crude Oil Imports with Brazil
India Intensifies Efforts to Increase Crude Oil Purchases from Brazil Despite Competition from Discounted Russian Oil and Logistical Challenges Related to Maritime Transport
Ecopetrol optimizes its debt management with an early repayment of USD 500 million
Ecopetrol S.A. makes an early repayment of USD 500 million on an international loan, strengthening its financial position and reducing long-term interest expenses.

Supermajors Vie for Stake in Galp’s Massive Mopane Oil Discovery in Namibia

The world's largest oil companies are competing to secure a share of Galp's significant Mopane oil discovery in Namibia's Orange Basin, estimated at 10 billion barrels of oil equivalent.
en_1140770768540
Turkey and Brazil: New Main Buyers of Russian Diesel Post-EU Embargo
Since the EU embargo in February 2023, Turkey and Brazil have emerged as the main buyers of Russian diesel. This realignment of commercial flows is redefining the global diesel market, impacting prices and supply chains.
Massive Gas Discovery in Colombia: A Turning Point for Energy Reserves
The discovery of a vast natural gas deposit in the Colombian Caribbean could double the country's energy reserves, according to Ecopetrol and Petrobras.

TotalEnergies Continues Oil and Gas Production Through 2030

TotalEnergies announces an increase in its oil and gas production until 2030, despite pressures to reduce fossil fuels. CEO Patrick Pouyanné defends this strategy amid climate challenges.
en_1140790980540
Renewable energy creates a record 2.5 million jobs in 2023
In 2023, the renewable energy sector generated 2.5 million new jobs, reaching a total of 16.2 million globally, driven by massive capacity growth in China, according to the International Renewable Energy Agency (Irena).
India Struggles to Attract Foreign Investors in Its Upstream Oil Sector
The latest auction of oil blocks in India has sparked significant interest among local private players, but the persistent absence of international companies highlights ongoing doubts about the real opportunities in exploration.

COP29: Azerbaijan Leads Negotiations to Turn the Emirati Consensus into Concrete Climate Actions

The presidency of COP29 in Baku, led by Azerbaijan, is focused on transforming the commitments made during COP28 into actionable goals, with a strong emphasis on climate finance, energy transition, and multilateral cooperation to strengthen global decarbonization.
en_1140301003540
Engie strengthens its position in Brazil with a major victory in the 2024 transmission auction
Engie secured the main lot in Brazil's second power transmission auction of 2024, with an investment of 2.9 billion reais, further solidifying its expansion strategy in the country’s energy infrastructure sector.
Putin strengthens ties with BRICS and OPEC+ in retaliation
Vladimir Putin has announced the strengthening of energy alliances between Russia, the BRICS and OPEC+, with the aim of stabilizing the global energy market, despite the sanctions imposed by the West in response to the conflict in Ukraine.
Charger plus