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

As tight oil becomes less volatile, OPEC will be able to regulate the oil market, resulting in higher prices for longer, says consultancy

Changing royalty rates and encouraging tie-backs were mentioned by the Enauta CEO during a panel at the Offshore Technology Conference (OTC) Brasil 2023.

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.

The segment is part of the CPFL Group's innovation strategy and is linked to the company's ESG 2030 plan.

The exploration of new frontiers, including the equatorial margin, will determine the growth of Brazil’s oil industry after 2030

The CIT/Senai Center for Industrial Decarbonization will be structured in Belo Horizonte

The initiative, which is expected to last two years, will develop a cloud platform for the certification of low-carbon hydrogen produced from biomass.

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.

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

The Brainfarma substation will be owned by the pharmaceutical company, while the São Vicente substation will be managed by the power distributor.

It is the largest acquisition by the American major since it paid US$ 81 B for Mobil in 1998.