Atlantic Obtains Renewable Energy Certificates

Santa Vitória do Palmar wind farm (207 MW, RS) is expected to generate more than 500,000, which can be traded

Atlantic Energias Renováveis obtained the International Renewable Energy Certification for the Santa Vitória do…

Seismic in Libra Interrupted

Poor ship performance cited for halting the node campaign, with the project still unfinished

The Libra consortium halted the Fairfield 3D node seismic campaign run in the area since October. The decision…
From the Media

Jan 23, 2018 - Energy Voice

UK subsea companies are being encouraged to join a trade mission March 19-21 to explore energy sector opportunities in Brazil. The event in Rio de Janeiro has been organized by the Department for International Trade (DIT) in association with a range of bodies including Subsea UK. It is aimed at showcasing Britain’s capabilities in the energy industry, enabling firms to share expertise and consolidate partnerships for Brazil’s oil and gas sector. Subsea UK is seeking to help strengthen partnerships across the globe as part of UK Government targets to double Britain’s exports by 2020. The industry body will lead the subsea section of the showcase, connecting 12 UK firms with some of the most influential energy players in Brazil.

Jan 23, 2018 - Ecns

China's ultra-high-voltage direct current transmission technology has substantial potential in countries and regions participating in the Belt and Road Initiative, with related projects enabling long-distance, high-efficiency clean energy transmission. State-owned electricity utility company State Grid has landed ultra-high-voltage electricity transmission projects in Brazil, planning to build transmission lines from the huge Belo Monte hydroelectric dam in the Amazon region to the populous center-south region. The first phase of the Belo Monte UHV DC Transmission Project is expected to start commercial operations by February this year. Brazil, with its hydropower potential ranking No 3 in the world after Russia and China, is a country with a vast territory and energy consumption centers that are far from where resources are located, like China. The application of the transmission technology would be just as practical in other countries too, including Pakistan and India, in addition to Brazil.

Jan 23, 2018 - Business Wire

ExxonMobil has been named 2017 Explorer of the Year by the World Oil and Gas Council in recognition of excellence and innovation in the global energy industry. “This award is recognition of ExxonMobil’s successful efforts to strengthen our portfolio by accessing and discovering the highest quality resources,” said Steve Greenlee, president of ExxonMobil Exploration Company. “This recognition would not be possible without the dedication of our employees and their daily commitment to safety and operational excellence at every stage of exploration.” During the year, ExxonMobil announced a number of discoveries, acquisitions and other activities in various countries, including Brazil, Cyprus, Equatorial Guinea, Guyana, Mauritania, Papua New Guinea and Suriname.

Jan 23, 2018 - Bloomberg

Sugar Decouples From Oil. The price relationship between the sweet commodity and the energy that powers the world occurs as a result of behavior in the South American country that leads the world in the production of sugarcane. Brazil is the world's largest exporter of unsubsidized sugar, but it is also the leading exporter of the biofuel ethanol. In the United States, ethanol is refined from corn as the U.S. is the world's top producer. In Brazil, it is sugar that goes into the refinery to become the biofuel. Therefore, Brazilian sugar exports are often a function of the world price for oil. When oil and oil products like gasoline rise, more sugar goes into refineries and less is available for export. The next time you find yourself in São Paulo or Rio, look at those cars sitting in traffic jams all over the cities. The chances are that sugar-based ethanol fuel powers them.