Brazil’s Minister of Energy, Alexandre Silveira, compares the predicted decline of fossil fuels to the collapse of the tobacco industry, highlighting an imminent energy transition driven by a global cultural shift.
Petrobras plummeted on the stock market in 2023, after record profits the previous year and a year rich in international news.
Shell Brasil’s launch of the Sepetiba FPSO in the Mero field marks a major step forward in Brazilian oil production, promising high production and increased efficiency.
At the heart of COP28, Colombia stands out as the first major continental oil producer to support an anti-fossil fuel treaty, illustrating a progressive commitment to a sustainable future.
Brazilian President Lula announced Brazil’s membership of OPEC+ at COP28 in Dubai, marking a strategic turning point for the country in preparing for the world’s fossil fuel-free energy transition. This decision, while attracting criticism, reflects the complexities of today’s energy and climate diplomacy.
Subsea 7 signs long-term contracts with Petrobras for the Seven Waves, Seven Rio and Seven Sun pipelay support vessels (PLSVs), with firm three-year periods and deliveries scheduled by Q4 2022.
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