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Browsing Tag
investments
Plan to increase the percentage of biodiesel blended into diesel to meet CNPE requirements; targets are to reach 13% in 2024, 14% in 2025 and 15% in 2026
Oil Prices to Remain High in 2024, Says Rystad Energy
As tight oil becomes less volatile, OPEC will be able to regulate the oil market, resulting in higher prices for longer, says consultancy
Décio Oddone Identifies Measures for Brazil to Maintain Global Attractiveness
Changing royalty rates and encouraging tie-backs were mentioned by the Enauta CEO during a panel at the Offshore Technology Conference (OTC) Brasil 2023.
Aneel’s PDI Has Invested More Than US$ 1.6 B in Projects, Says General Director
The general director also pointed out that in the state of Maranhão alone, US$ 32 M has been invested by companies located in the state.
CPFL Energia To Invest US$ 9 M in Electric Mobility by 2024
The segment is part of the CPFL Group's innovation strategy and is linked to the company's ESG 2030 plan.
ANP Plans For 20 FPSOs and Investments of US$ 90 B
The exploration of new frontiers, including the equatorial margin, will determine the growth of Brazil’s oil industry after 2030
ArcelorMittal and Fiemg Strike Deal To Create Industrial Decarbonization Center
The CIT/Senai Center for Industrial Decarbonization will be structured in Belo Horizonte
Copel Invests R$ 2.5 Million (US$ 500,000) in Hydrogen Certification Project
The initiative, which is expected to last two years, will develop a cloud platform for the certification of low-carbon hydrogen produced from biomass.
Chevron Signs US$ 53 B Deal To Acquire Hess Corporation
The merger will allow the major to add a 30% stake in the Stabroek Block offshore Guyana and shale assets in the Bakken, North Dakota (USA) to its asset portfolio.
Banco do Brasil and the European Investment Bank Sign Letter of Intent for Financing Renewable…
Agreement provides for 350 million euros (US$370 million) to be raised, of which up to 30% will be earmarked for micro and small businesses
Brainfarma and Equatorial Goiás Invest US$ 3.95 Million in New Substations in Anápolis
The Brainfarma substation will be owned by the pharmaceutical company, while the São Vicente substation will be managed by the power distributor.
ExxonMobil Acquires Pioneer for US$ 59.5 B
It is the largest acquisition by the American major since it paid US$ 81 B for Mobil in 1998.