Headline trading on the forward freight agreement markets and uncertainty on the physical voyage charter sector were the first impacts on the Americas tanker markets from Russia’s military invasion of Ukraine. Since the level of […]
The hydropower market will continue its upward trajectory in 2022 as global capacity exceeds 1,200 gigawatts (GW) for the first time and investments climb to $36.3 billion, Rystad Energy research shows. As the energy transition […]
Europe, which has been luring liquefied natural gas cargoes away from Asia, will now have less competition from Brazil as rains are refilling the South American country’s hydroelectric dams. Brazil’s hydro power generation is up […]
Demand for shuttle tankers in countries with robust offshore oil production and limited pipeline infrastructure is set to grow continuously in the coming years, as produced volumes in need of transport rise to 3.3 billion […]
Source: U.S. Energy Information Administration, Country Analysis Brief: Brazil Brazil was the only oil-producing country in South America to report an increase in crude oil and condensate production in 2020 compared with 2019, according to our Country Analysis […]
Every year and following the publication of the BP Statistical Review, Rystad Energy releases its own assessment to provide an independent, solid and clear comparison of how the world’s energy landscape changed last year. Our […]
Brazil’s state-controlled Petrobras’ 115,000 b/d Abreu e Lima refinery (RNEST) will undergo 90 days of maintenance starting in June, putting a strain on domestic production of green petroleum coke and ultra-low sulfur diesel. The company […]
By Chen Aizhu, Shu Zhang, Sabrina Valle SINGAPORE/Rio de Janeiro, Brazil (Reuters) – China’s record imports of Iranian crude in recent months has squeezed out supply from rival producers, forcing sellers of oil from countries such as Brazil, […]
Petroleo Brasileiro SA’s chief financial officer and three other top executives decided to leave the state-controlled producer after clashing with the plans of the company’s incoming chief executive, a person close to the executives said. Topics of […]
The three FPSOs are Berge Helene, BW Cidade de São Vicente, and Espoir Ivoirien, BW Offshore said on Wednesday. According to BW Offshore, the impairments reflect continued uncertainty around redeployment and extension for certain older […]
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