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.
COP28 President Sultan Al Jaber calls on governments to submit ambitious NDCs to accelerate global decarbonization, relying on technology investment and innovation to reach the 1.5°C climate target.
Prio is in advanced discussions with Sinochem to acquire a 40% stake in the Peregrino oil field.
The deal, valued at $1.9 billion, could significantly boost Prio's production.
BRICS energy ministers focus on the future of global energy markets, highlighting the de-dollarization of trade, despite the challenges of currency fluctuations and the complexity of oil trade.
Faced with dwindling water reserves, Brazil is stepping up its purchases of liquefied natural gas to maintain power generation, increasing pressure on the global LNG market this winter.
Global oil demand is set to grow at a more moderate pace, below the one million barrels per day mark, mainly due to the slowdown in the Chinese economy, according to recent forecasts by the International Energy Agency (IEA).
TotalEnergies launches the development of the Gran Morgu field offshore Suriname.
An FPSO will be installed, with discussions underway to integrate Petrobras into the project.
Stellantis introduces the Leapmotor T03, a Chinese electric model assembled in Poland, targeting the entry-level market in Europe with a competitive price and 265 kilometers of range.
The development of carbon capture technologies is crucial to achieving decarbonization targets, but projects are not progressing fast enough according to experts.
Qair and Trapil join forces to develop the distribution of electromolecules in France and abroad, with the aim of supporting the decarbonization of the air and sea transport sectors.
Energy information systems are a strategic lever for governments to monitor their energy transition and decarbonization objectives, but their implementation remains uneven.
Brazilian energy authorities approve the restoration of daylight saving time to reduce pressure on the power grid, in response to the drought affecting hydroelectric production.
This summer, diesel exports from the US Gulf Coast reached record levels, with unprecedented volumes headed for Europe and Latin America, supported by competitive freight rates and increased production.
Solar energy is experiencing unprecedented growth, with a projected increase of 593 GW by the end of 2024.
This momentum, driven by emerging markets and leaders such as China and India, is redefining the global energy landscape.
Mexico's oil and gas sector faces controversial legal reforms, threatening judicial independence and democracy.
Companies are calling for greater cooperation to exploit national resources and reduce dependence on imports.
The International Energy Agency (IEA) cuts its forecast for global oil demand growth to 910,000 b/d for 2024, citing the economic slowdown in China and an accelerated transition to alternative energy sources.
Argentina is expanding its natural gas exports from Vaca Muerta to Brazil and Chile, bolstered by new transport infrastructure and increased production.
Brazil's prolonged drought has drastically reduced soil moisture in the main hydroelectric basins, threatening energy production and increasing electricity costs, with economic and inflationary repercussions.
