Tag Archives: South America

Petrobras has a lot of oil and lot of areas to exploit. but it doesn’t have enough funds to prospect all these areas.

Brazil. which became a net oil exporter last year. wants to expand its footprint in global energy markets without joining OPEC.

The Latin American country is seeking feedback from global oil majors to improve participation in upcoming auctions.

The report notes while many EU countries are struggling to reach their 32% renewable energy usage target by 2030. nations such as Paraguay and the Democratic Republic of the Congo are already producing 100% renewable energy.

The construction of a 62MW solar plant in Atacama and a 183MW wind facility in San Gabriel increases the firm’s clean energy operating capacity in the country by 84%.

The three new orders to undisclosed customers will provide enough clean. reliable and affordable electricity to supply more than 900.000 households.

This is an auction for big players given the volume of oil involved.

2I Borisov is the second interstellar object detected passing through the solar system.

Brazil’s oil production is set to grow in the near term.

The accident at the Delta 6 wind park in Brazil took place on 3rd September.