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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.
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.
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.
Drought in the Amazon is reducing hydroelectric production, forcing Brazil to increase its energy imports.
Drought in the Amazon is reducing hydroelectric production, forcing Brazil to increase its energy imports.
ArcelorMittal acquires 28% of Vallourec for 955 million euros, targeting the hydrogen and geothermal sectors.
ArcelorMittal acquires 28% of Vallourec for 955 million euros, targeting the hydrogen and geothermal sectors.
Accenture acquires BOSLAN to optimize net-zero infrastructure investments, strengthening its engineering project management capabilities for the global energy transition.
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.
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.
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.
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.
OPEC+ plans to maintain its current policy despite lower oil prices, threatening the plan to reduce production cuts in the fourth quarter.
OPEC+ plans to maintain its current policy despite lower oil prices, threatening the plan to reduce production cuts in the fourth quarter.
GA Drilling and Petrobras join forces to develop drilling technology to reduce costs and risks, although challenges remain.
GA Drilling and Petrobras join forces to develop drilling technology to reduce costs and risks, although challenges remain.

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