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.
According to O Globo, Petrobras is exploring an entry into RaÃzen, either through equity investment or asset acquisition, to return to the ethanol market. A decision is expected by the end of 2025, under legal constraints tied to fuel distribution.
Karpowership and Seatrium formalize a strategic partnership to convert floating LNG units, strengthening their joint offering in emerging mobile electricity markets.
Casa dos Ventos has chosen Nextracker to equip four solar and hybrid projects totalling 1.5 GW, marking its first large-scale entry into the solar sector in Brazil.
Valmet will supply and maintain Petrobras’ Neles™ valves across all its operations in Brazil under a one-year contract renewable for up to five years.
FPSO One Guyana begins production as part of the Yellowtail development, with enhanced technical capabilities to optimise reliability and maintenance in deep waters.
Scatec has finalised the financing for its 142 megawatt solar project in Minas Gerais, Brazil, marking a new milestone for the Norwegian company in the South American market.
BP posts a net profit of $1.63 bn in the second quarter 2025, driven by operational performance, an operating cash flow of $6.3 bn and a new $750 mn share buyback programme.
BP has announced the discovery of an oil and natural gas field off the coast of Brazil, in the Santos Basin, marking its most significant find in a quarter of a century.
Fotowatio Renewable Ventures joins forces with Envision Energy for the H2 Cumbuco project, aiming for a 500MW green ammonia plant targeting Brazilian, European, and Asian markets.
In response to the energy transition, Brazil’s oil majors are accelerating their gas investments. It is an economic strategy to maximise pre-salt reserves before 2035.
Subsea 7 reports a strong increase in its financial results for the second quarter of 2025 and announces a definitive agreement for a merger with Saipem, while maintaining its growth outlook for the year.
Prumo LogÃstica and Fuella are collaborating to develop a low-carbon hydrogen hub at the Port of Açu, with targeted production of 400,000 tonnes per year for export and the domestic market.
Prumo LogÃstica and Fuella are collaborating to develop a low-carbon hydrogen hub at the Port of Açu, with targeted production of 400,000 tonnes per year for export and the domestic market.
Brazil plans to add 115 GW of new energy capacity by 2034, with a strong contribution from solar and wind power, according to an analysis by Wood Mackenzie.
Corio Generation and Estaleiros do Brasil (EBR) collaborate to evaluate EBR's infrastructure to support up to 6 GW of offshore wind projects in southern Brazil.
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.
