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Renewable Energy
Brazil’s Grid Caps Power From Wind and Solar, Threatening Renewable Projects
Wind and solar energy producers in Brazil have warned they are reconsidering future investments there after the national grid operator repeatedly capped how muc…
Hydropower Plant
Brazil cuts hydro use as droughts continue impacting global hydro generation
According to Brazil’s National Water Agency, the current conditions are set to last until 30 November. Credit: Bloomberg/Contributor via Getty Images.Braz…
Hydropower Plant
Northern Brazil Cuts Hydro Power Use With Prolonged Drought
A view of Madeira River amid the drought in Porto Velho, Rondonia state, Brazil, August 2, 2023. REUTERS/Leonardo Benassatto/File Photo Purchase Licensing Right…
Hydrogen Production
The Hydrogen Stream: Brazil Signs Hydrogen Support Scheme
Brazil's President Luiz Inácio Lula da Silva signed into law Bill 2308/2023, which creates the legal framework for low-carbon hydrogen, including a s…
Natural Gas
Brazil’s Petrobras Confirms Gas Discovery off Colombia
A logo of Brazil's state-run Petrobras oil company is seen at their headquarters in Rio de Janeiro, Brazil October 16, 2019. REUTERS/Sergio Moraes/File Phot…
Renewable Energy
EDP’s First-Half Profit Jumps 75% on Capital Gains in Renewables, Brazil
Portugal's largest utility EDP (EDP.LS), opens new tab posted a higher-than- expected 75% jump in first-half net profit on Tuesday, boosted by capital gains…
Oil & Gas Trade
Ocyan Bags $134M Petrobras Service Deal on Buzios Field
Brazilian offshore service provider Ocyan, part of US-based institutional investor EIG, has signed a contract with Petrobras reportedly worth around 750 million…
Oil&Gas Drilling
Equinor Picks Valaris for $500 Million Drilling in Brazil
The logo of Equinor is set up at the entrance of a building at Western Europe's largest liquefied natural gas plant Hammerfest LNG in Hammerfest, Norway, Ma…
SAF
Brazil’s JBS Supplies Animal Waste for Production of Sustainable Aviation Fuel
An employee works at the assembly line of jerked beef at a plant of JBS S.A, the world's largest beef producer, in Santana de Parnaiba, Brazil December 19, …
Oil&Gas Drilling
UK-Based Company Wins Multiple Contracts for Deepwater Oil Field Project off Brazil
UK-headquartered AIS has secured multiple contracts to supply a comprehensive range of subsea ancillary solutions on a major deepwater oil field development loc…
Oil & Gas Trade
Exclusive: Exxonmobil Selling Malaysia Oil and Gas Assets to Petronas, Sources Say
A logo of the Exxon Mobil Corp is seen at the Rio Oil and Gas Expo and Conference in Rio de Janeiro, Brazil September 24, 2018. REUTERS/Sergio Moraes/File Photo…
Ammonia
CIPP Picks Potential Operator for Green Ammonia Export Terminal in Brazil
Stolthaven Terminals, in cooperation with Global Energy Storage (GES), has been selected by the Port of Pecém Authority (CIPP) as the only potential oper…
Electricity Transmission
CDPQ’s Verene Energia Acquires 124KM Power Transmission Asset in Brazil
SPE 7 has a strategic and modern power transmission network of 124km. Credit: Framarzo / Shutterstock.Verene Energia, a power transmission platform owned by inv…
Electric Vehicles
BYD Is Building a Massive $1 Billion EV Plant in Turkey as Global Expansion Accelerates
BYD signed a deal to build a massive $1 billion EV plant in Turkey on Monday. The news comes after BYD opened its first factory in Thailand, with others planned…
Electric Vehicles
BYD Closes in on Huge $1 Billion EV Plant in Turkey as Global Expansion Accelerates
BYD is closing in on a deal to build a massive $1 billion EV plant in Turkey. The news comes after BYD opened its first factory in Thailand, with others planned…
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