Transocean's 1Q24 Capital Expenditures +US$ 83 M They are primarily related to the Deepwater Aquila drillship chartered by Petrobras
Petrobras: Minority Shareholders Seek Termination of Refining The request, submitted to Brazil's Antitrust Agency, is based on the impracticability of meeting the objectives set out in a commitment deal
Petrobras Launches Gaslub Tender Amid Environmental Controversy The company has paid for environmental compensation for the former Comperj project that has not been implemented in the region
Energy Consultant Predicts '24 Decline in Demand for Onshore Rigs According to the Westwood, the prediction is a result of stagnant oil prices and high service costs
Petrobras: Starting 5th Well in Espírito Santo Block It is drilling in the 1-BRSA-1391A-ESS in block ES-M-596 using a Foresea rig
Tenaris: Increased Vaca Muerta Fracking Capacity With investments of US$ 40 M, Tenaris has added a second unit at the Argentine operation
Petrobras Signs Contracts for Skandi Amazonas and Skandi Rio The DOF Group's AHTSs are expected to start operating in 3Q24, between May and June 2024, respectively.
O&G Regulator Distributes February 2024 Production Royalties About US$ 870 M related to sharing, concession and transfer of funds will be distributed to cities, states and the feds
Petrobras O&G Production +3.7% in 12 Months Despite 2023 annual growth, 1Q24 output of 2.776 million boed was 5.4% lower than in 4Q23
PetroReconcavo and Enerflex Sign MoU for NGPU The goal is to carry out technical and economic feasibility studies for the construction of a natural gas processing unit in the state of Rio Grande do Norte
Graal Expands Network for CNG-Powered Heavy Duty Vehicles Vehicle fuel station chain invests US$ 970,000 in two new high-flow refueling units on the Rio-São Paulo Presidente Dutra highway
Petrobras Seeks Onshore Rigs for Bahia and Amazonas Fields The company launches tender for four large rigs to drill in second half of 202, marking the return of Petrobras to the onshore E&P.
Petrobras and Perenco Sign Contract To Sell Cherne and Bagre Perenco intends to revitalize the assets by connecting the fields to the Pargo field, part of the Pargo Pole, also located in the Campos Basin
Gasmig, Cebgás and Goiasgás Announce Tender for NG Purchases The gas distribution companies launched a joint tender for the supply of natural gas
Carmo Energy Granted Extended Field Life in Sergipe Basin The Sirizinho field, operated by Carmo Energy, has extended its production phase until August 5, 2052
Aneel Creates Crisis Office for Rio Grande do Sul Power Plants The Dona Francisca, Castro Alves, and Monte Claro dams are in a state of alert, while the 14 de Julho and Bugres dams are in a state of emergency.
Solar Source Reaches 42.4 GW of Installed Capacity According to Absolar, investments in energy transition with photovoltaic technology reach US$ 40 B in Brazil
EDP To Fund Energy Transition Social Projects The public notice will allocate up to US$ 98,590 to proposals with innovative solutions for access to energy, efficiency or combating energy poverty
EPE Mapping Regions with CCUS Potential The Southeast and Northeast have greater potential for storage using river basins, while the South and Center-West look good for CCS combined with bioenergy
Brookfield and Microsoft Sign 10.5 GW Renewables Deal The proposal is to help decarbonize the technology company's electricity consumption
Shell Energy Brasil Expands Presence in the Electricity Market Starting from May, business and commercial customers will have access to the company's services through Prime Energy
SHPP Saltinho Commercial Operation Scheduled for July 2025 With an investment of US$ 38.49 M, the construction of the 27.27-MW plant in Rio Grande do Sul began last September
In Addition to New Technology, Utilities Require Network Studies Diversity of infrastructure will demand more from electric utilities, mainly due to the volume of data generated by metering
Rio Registers More Than 1.1 GW from Own Solar Absolar reports the state has more than 118,000 photovoltaic systems on rooftops and small plots of land
Solar Energy Costs Decline 5% in 1Q24 The decline is due to a drop in the price of polysilicon, the main raw material used to make solar panels
Brazil-EU Launch Methane Reduction Project Action to reduce greenhouse gases in the agricultural and urban waste sectors, with guidance from EU Climate Dialogues
Wet Season Ends With Reservoirs Down by Some 29% Preventive management, improved hydrology at the end of the period and the contribution of run-of-river plants prevented further depletion
Albioma Structures US$ 38.8 M to Finance GD Projects The loan will finance up to 65 MW of new photovoltaic projects in various states
Eneva's Plants Generated 1,609 GWh in 1Q24 Thermal plants generated 1,201 GWh, up 101.2% year-on-year
Light Creditors' Meeting Suspended The meeting was rescheduled for May 29, at 2 p.m., after a request from one of the participants at the beginning of the session