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bp Statistical Review shows 4.5% drop in primary energy consumption in 2020; mainly driven by oil

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Both primary energy consumption and carbon emissions from energy use fell at their fastest rate seen since the Second World War, while renewable energy continued its trajectory of strong growth, with wind and solar power recording their largest ever annual increase. World oil production fell for the first time since 2009 by 6.6

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Glencore buying in to Hydro Alunorte alumina refinery, MRN bauxite mining in Brazil

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Alunorte remains a core strategic asset for Hydro and is a key source of low-carbon alumina supply to our primary aluminum smelters. Our Bauxite and Alumina business area has made significant progress over the last years to bring down the footprint of producing alumina, which enables Hydro to strengthen our position in low-carbon aluminium.

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Boeing, GOL Airlines collaborate to increase sustainable aviation biofuel supply in Brazil

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will work together to speed the research, development and approval of new sources of sustainable aviation biofuel in Brazil. The agreement between Boeing and GOL is a significant new step in efforts to advance an aviation biofuel industry in Brazil. Boeing and GOL Linhas Aereas Inteligentes S.A.

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BNEF: Oil price plunge to have only moderate impact on low-carbon electricity development, but likely to slow EV growth

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The collapse in world oil prices in the second half of 2014 will have only a moderate impact on the fast-developing low-carbon transition in the world electricity system, according to research firm Bloomberg New Energy Finance. While diesel and oil-based power is still uneconomic at $60/barrel, the pressure to switch is reduced.

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ExxonMobil announces 6th oil discovery offshore Guyana with Ranger-1; Guyana may move from non-producer to regional powerhouse

Oil (..)

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Petrobras says new Sapinhoá offshore Brazil field has 2.1B barrels of oil equivalent estimated recoverable

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Petrobras says that a new field, to be called Sapinhoá, in the offshore Brazil Guará area has an estimated total recoverable volume of 2.1 billion barrels of oil equivalent (boe). Block BM-S-9. Click to enlarge. Petrobras is the operator of Block BM-S-9 in partnership with BG Group (30%) and Repsol Sinopec Brasil (25%).

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Solazyme and Bunge form joint venture for commercial-scale renewable oil production facility in Brazil

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Solazyme produces tailored oils using heterotrophic algae grown in industrial fermenters. Algae-based renewable oil company Solazyme, Inc. Algae-based renewable oil company Solazyme, Inc. will have an expected annual production capacity of 100,000 metric tons of oil. Source: Solazyme. Click to enlarge. Earlier post.).

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