CNPE Raises Oil-Profit from Saturno and Titã

The minimum share allocated to the government will increase by 7.98 and 3.73 percentage points, respectively, in the 5th round

The minimum share allocated to the government will increase by 7.98 and 3.73 percentage points, respectively, in…

Celse Authorized to Import LNG

The Electric Utility may import up to 6 million m3/day beginning in 2019 to supply thermal plants in Sergipe

The Electric Utility may import up to 6 million m3/day beginning in 2019 to supply thermal plants in Sergipe
From the Media

Aug 14, 2018 - Reuters

Brazil’s government is ready to quickly intervene in the currency and bond markets if volatility that has hit emerging markets hard in recent sessions continues, a source with the finance ministry said. The source told Reuters on condition they would not be named that Brazil’s central bank and treasury were ready to act in concert to calm markets, as Latin America’s biggest economy is being rattled along with other emerging markets by the meltdown of Turkey’s currency.

Aug 14, 2018 - Financial Times

Royal Dutch Shell is doubling down on drilling for oil far beneath the oceans, as the energy group eyes a cash bonanza from traditional deepwater projects despite a growing focus on new US shale investments. Andy Brown, Shell’s head of exploration and production, said the industry was seeing a “bounceback” towards deepwater after a dramatic fall in investment during the market downturn, says break-even prices are now US$ 30 a barrel “The most excitement at the moment is from the deepwater,” Mr Brown told the Financial Times, saying projects in Brazil, the Gulf of Mexico and West of Shetland in the North Sea were among the most attractive. His comments come even as Shell and its peers have diverted more funds into short-cycle output, such as investments in US shale fields, aiming to yield production faster and more cheaply than so-called conventional output.

Aug 14, 2018 - Merco Press

As part of the UK Government’s Prosperity Fund, the British Embassy in Brazil is commissioning a study to assess various options for the governance structure of an Energy Centre to inform and support the Prosperity Fund Energy Program. The proposal should identify operating models, outlining the functions and processes that will be undertaken, and recommendations on an effective governance structure, encompassing a Strategic advisory board and its Sub committees. Brazil’s economic growth is reliant on meeting its growing energy demand by 2030. However, regulatory and technological barriers and a challenging business environment can prevent Brazil from achieving its energy goals.