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Nicaragua Freezes Fuel Prices During Holy Week

By: Dr. Franyi Sarmiento, Ph.D., Inspenet, April 12, 2022.
The Government of Nicaragua reported that it decided to freeze fuel prices for a week, due to “the constant increase” in the international prices of oil and its derivatives.

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Oil and Gas

Petrobras discovers oil in the Campos Basin pre-salt

Free translation and writing by: Dr. Franyi Sarmiento, Ph.D., Inspenet, April 11, 2022.
Petrobras reports that it has discovered a new accumulation of oil in the pre-salt in the southern portion of the Campos Basin, in a wildcat well in the Alto de Cabo Frio Central block. The 1-BRSA-1383A-RJS (Alto de Cabo Frio Central Northwest) well is located 230 km from the city of Rio de Janeiro-RJ, in a water depth of 1,833 meters.

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In Argentina they advance with an innovative photovoltaic energy plan

By: Dr. Franyi Sarmiento, Ph.D., Inspenet, April 8, 2022.
On the path towards the energy transition and within the framework of the provincial Strategic Energy Plan, in the province of La Pampa, in Argentina, they are advancing in a call to present private initiatives for the award of three photovoltaic parks, to be developed in strategic points of his territory.

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Oil and Gas

Saudi Arabia increases oil prices to record premiums

By: Dr. Franyi Sarmiento, Ph.D., Inspenet, April 8, 2022.
The world’s biggest crude oil exporter, Saudi Arabia, raised official selling prices for its flagship crude in the Asian market in May to a new record against regional benchmarks, in a move widely expected by traders and refiners.

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Innovation

Innovative shaft generator technology increases energy efficiency at sea

By: Dr. Franyi Sarmiento, Ph.D., Inspenet, April 8, 2022.
ABB’s new online shaft generator will allow ship operators to benefit from the efficiency, performance and reliability of permanent magnet technology. The new generator improves flexibility and ease of installation for a wide variety of vessels, including bulk carriers, container ships, LNG tankers, and passenger and car ferries.

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