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Brazil
Oil Field
Petro-Victory, ATO to Acquire 13 Oil Fields in Brazil’s Prolific Potiguar Basin
Petro-Victory Energy has signed a sales & purchase agreement (SPA) in 50/50 partnership with Azevedo & Travassos Petroleo (ATO) for 13 oil fields located in the…
Nuclear Power Plant (NPP)
Eletronuclear Cost-Savings, Plans for Angra 3 Operation in 2031
Angra 3 is currently about 65% completeBrazil's nuclear power plant operator Eletronuclear has announced cost-saving measures which it says are aimed at imp…
Wind Farm
Indovinya Partners With Casa Dos Ventos for Wind Energy in Brazil
Indovinya, part of global sustainable chemical company Indorama Ventures PCL, is proud to announce a significant step in its sustainability journey through a se…
Hydropower Plant
Neoenergia Sells Baixo Iguaçu Stake to EDF and STOA
Iberdrola’s Brazilian subsidiary, Neoenergia, has sold its 70% stake in the Baixo Iguaçu Hydroelectric Power Plant to French electricity company ED…
Oil Field
Decision Over Progressing Brazilian Oil Discovery to FEED Entry Stage Due in Spring
Australia’s oil and gas company Karoon Energy is expected to make up its mind around April 2025 about moving forward with the next stage of development, w…
Hydropower Plant
Iberdrola Sells Brazilian Hydro Asset
Iberdrola has sold the 350MW Baixo Iguacu hydroelectric plant in Brazil to French electricity company EDF.Through its Brazilian subsidiary, Neoenergia, Iberdrol…
Oil & Gas Trade
Petrobras’ Total Q4 Production Falls 10.5%, Sales and Exports Also Down
A logo of Brazil's state-run Petrobras oil company is seen at their headquarters in Rio de Janeiro, Brazil October 16, 2019.Brazilian state-run oil giant Pe…
Wind Farm
Voltalia Signs 940MW Brazilian Maintenance Deal
Voltalia has been selected by Brazilian utility Copel to provide maintenance services for connections for six wind farms, totalling 940MW, located in Rio Grande…
Battery
Brazil’s Energy Storage Auction to Attract $450M in Investments
The auction aims to boost Brazil’s grid reliability by integrating energy storage for wind and solar power.Brazil is set to conduct its first auction for …
Crude Oil
MODEC’s FPSO Staying Five More Years With Petrobras Offshore Brazil
FPSO Cidade de Angra dos Reis;Brazil’s state-owned oil and gas giant Petrobras has prolonged the assignment of a floating production, storage, and offload…
Battery
Brazil’s First Power Auction for Batteries Could Lead to $450 Million in Investments
Brazil's first-ever auction to add batteries and storage systems to its national power grid, scheduled for later this year, is seen generating $450 million …
Oil&Gas Drilling
UK Firm Secures Its Largest Ever Deal for Petrobras Field
Lee Robins, Business Unit Director for Instrumentation, Tracerco.UK-based Tracerco has secured multi-million-pound worth of contracts in Brazil, including the l…
Tidal Energy
Global OTEC and UFRJ Partner to Boost Brazil’s Ocean Thermal Energy Conversion
Global OTEC and Brazil’s COPPE/UFRJ have signed a memorandum of understanding (MoU) to collaborate on advancing the country’s ocean thermal energy c…
Net Zero
Brazilian Meatpacker JBS Says Net-Zero Emissions Pledge Was ‘Never a Promise'
An aerial view shows cattle on a deforested plot of the Amazon near Porto Velho, Rondonia State, Brazil, September 17, 2019.The world's largest meatpacker, …
Nuclear Reactor
Angra 2 Agreement Targets Radiopharmaceutical Production
Operator Eletronuclear and the Brazilian Society of Nuclear Medicine have signed an agreement aimed at producing radioisotopes at Angra nuclear power plant'…
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