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Brazil
Oil Field
Australia’s Karoon Takes FID on Patola Oil Field
Australian independent Karoon Energy has made a positive final investment decision on the 10,000 b/d Patola oil field in the Santos basin offshore Brazil at a d…
Oil Field
Exxon, Equinor Invest $8 Billion In Developing Oilfield Off Brazil
Norway’s Equinor and U.S. supermajor ExxonMobil have reached the final investment decision to develop the Bacalhau oilfield in Brazil’s prolific pre-salt area…
Wave Energy
Eco Wave Power Signs MoU with Brazilian Port
Eco Wave Power has signed a memorandum of understanding with Pecem Complex, in Brazil, in relation to a proposed wave power project in the port area.
Solar Power Plant
Mining Giant to Build 766MW Brazil PV
Vale’s Sol de Cerrado project in Minas Gerais will be one of the largest in the country when operational in 2022
Power Construction
Worst Brazil Drought in 20 Years to up Pressure on Power Grid
Brazil's worst drought in two decades will force the country to depend more heavily on costly thermal power plants to compensate for reduced hydroelectric gener…
Oil Field
Keppel Snatches Contract to Build FPSO for World’s Largest Deepwater Oil Field
Brazilian oil and gas giant Petrobras has signed a $2.3 billion worth contract with Keppel Shipyard to build the P-78 FPSO, the seventh unit to be installed in …
Wind Turbine
Vestas Bags 212MW Brazil Turbine Order
Manufacturer will supply 47 V150-4.2MW units for delivery in 2022 for the Assurua 4 project in Bahia
Nuclear Power Plant
First Fuel Loaded into Brazilian Dry Storage Facility
This marks the official start of the storage facility's planned 50 years of operation as well as the first use of Holtec's HI-TRAN 300 single-failure proof vert…
Power Construction
China’s SGBH Wins Brazil Transformer and Transmission Concession
Brazilian electricity sector regulator Aneel has awarded Chinese firm State Grid Brazil Holdings the concession to construct transformers and transmission lines…
Hydrogen Project
Brazil to Issue Hydrogen Regulations in 60 days
Brazil's national energy policy council plans to issue hydrogen regulations by late June as part of a national hydrogen strategy.
Crude Oil
China Cuts Saudi, Russia Crude Imports in March
China imported less crude from top suppliers Saudi Arabia and Russia in March compared to a month earlier, while boosting arrivals from Brazil and the UAE, cust…
Carbon Emissions
GlobalData: Petrobras must Invest in Renewables to Meet Emission Targets
Despite a global effort in energy transition, Petrobras has expressed no interest to pivot into renewable energy due to lack of expertise.
Crude Oil
Brazil Crude Exports at Eight-Month High in March
Brazilian crude exports climbed to around 1.54mn b/d in March, an almost 17pc increase over February and the highest volume since July 2020.
Wind Farm
Brazil Connects 353.5 MW of Wind Farms in March
Wind farm in Brazil. Author: Otávio Nogueira. License: Creative Commons, Attribution 2.0 Generic.
Power Construction
Brazilian Electricity Prices Under Pressure Due to Low Rainfall
Low annual rainfall in Brazil is restricting hydroelectric production, putting electricity prices under pressure and causing the need for more expensive thermoe…
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