Fired Petrobras CEO Announces Approval of 2nd Phase at Gaslub On social media, Prates shows the strong evolution of the project to implement a BioQAV and renewable diesel plant at the former Comperj site
3R Petroleum, Enauta Sign Protocol for Combined Company 3R has also signed another protocol providing for the incorporation of Maha Holding, a subsidiary of Maha Energy
Impact Analysis for 3rd Party Access to Gas Infrastructure The ANP also approved the extension of the working group that prepared the Regulatory Impact Analysis for another six months.
BGM Discovers Oil in the Espírito Santo Basin The 1-BGM-11-ES appraisal well is located in Block ES-T-516, operated by BGM (55%) in partnership with Campo Petróleo (45%)
FPSO Atlanta Arrives, Begins Anchoring According to Enauta, the platform has been inspected and approved by the Federal Immigration Police and the Federal Revenue Service
The Thinking of Magda Chambriard, New CEO of Petrobras For four years, Magda Chambriard has been writing regularly as a columnist for our sister publication, Brasil Energia
“Sea1 Offshore”: New Name for Siem Offshore. The decision was made at a general meeting on May 7; the company entered into a contract for Siem Emerald's operations in South America
Stable Natural Gas Supply Supports Rio Grande do Sul’s Needs Volumes are sufficient to meet the requirements of Sulgás, the Canoas thermoelectric plant and the Alberto Pasqualini refinery (Refap)
Lula Dismisses Petrobras CEO, Gives Magda Chambriard the Nod The announcement was officially made by the state-owned oil company on Tuesday night through a Material Fact to the market
Petrobras: Lower Profit in 1Q24 The company reported net income of US$ 4.61 in 1Q24, down 23% from 4Q23 and 37.9% off the same quarter last year
Brazil 2nd Largest Importer of Russian Maritime Fuel in 2023 With sanctions imposed on Russia by the G7, the EU and Australia, Brazil and Saudi Arabia increased their imports of the product, replacing France and Germany
Petrobras Seeks Chinese Financing for E&P Projects Representatives went to banks to demonstrate the opportunities in Brazil but no contracts were signed
ANP Publishes 1st Annual Technology and Environment Report The document details investments made under the RD&I clause, showing projects, accredited institutions and results, and lists new challenges
3R Reports April O&G Production Growth The Potiguar complex recorded the largest quarterly increase, while Papa-Terra volumes saw the largest decline.
Class Action Against Ream and ANP The lawsuit was filed due to the lack of mandatory information on the refinery's derivatives production and delays in providing the information
Delta Energia Raises US$ 48.5 M to Finance Solar Plants The amount comes through Real Estate Receivables Certificates (CRIs) for 20 UFVs in São Paulo, Rio de Janeiro, Mato Grosso do Sul and the Federal District
Ministry Establishes WG for Industrial Decarbonization A wind energy group will also be set up to promote industrial development in the sector
Light Reported Net Loss of US$ 69.6 M in 1Q24 Adjusted EBITDA closed at US$ 57.3 million, down 45.3% compared to the same period in 2023
Auren Buys AES and Becomes the Country's 3rd Largest Generator Operation will create a platform with installed capacity of 8.8 GW
Copel's Giant Batteries Pass Technical Test System installed on two trailers has 1 MW of power and more than 1 MWh of storage capacity
Chint Power Inks Agreements with 2 New Distributors Partnerships with Odex (PR) and OIW (RS) that can generate up to 200 MW of solar energy annually
Veolia Installs Solar Panels In Waste Centers They will all be installed in the capital of São Paulo and in Blumenau, in the distributed mini-generation model
Ventos de Santo Abraão Wind Farm Tops Operational Ranking The facility, owned by Enel GreenPower, registered a capacity factor of 54.66% in March 2024, according to ePowerbay.
Cemig Reinforces Support for Rio Grande do Sul The concessionaire will provide five generators, five UTVs, technicians and engineers to bolster the resources of Equatorial CEEE
Retailers Linked to Distributors Dominate Free Energy Market Consultant's study shows that in some cases, such as in the state of Amapá, the retailer linked to the distributor holds 100% of the contracts
Cemig Invested US$ 200 M in Minas Gerais in 1Q24 Concessionaire expects to infuse more than US$ 1.2 B in the state by the end of the year; net profit in quarter down 17.5% from 1Q23
Statkraft Brazil Boosts Generation by 77.6% in 1Q24 The company also posted a 6% increase in net revenue compared to the same period last year
GoodWe and Aldo Solar Sign DG Market Partnership The proposal seeks to strengthen a presence in the distributed generation market and leverage the efficiency of solar projects
77Sol Photovoltaic Sales Surge 337% in 1Q24 Growth reflects the fall in solar panel prices in the country and a scenario conducive to investment in own energy generation
Light Signs Preliminary Agreement with International Creditors A meeting is scheduled for May 29, and the process represents 41.13% of the company's total oustanding debt