ANP Opens Hearings On Biofuel Certification

Comments on the draft resolution on efficient production certificates can be sent by May 25

Comments on the draft resolution on efficient production certificates can be sent by May 25

Seismic in Libra Interrupted

Poor ship performance cited for halting the node campaign, with the project still unfinished

The Libra consortium halted the Fairfield 3D node seismic campaign run in the area since October. The decision…
From the Media

May 18, 2018 - Bloomberg

Sergio Moro, the Brazilian judge who put some of the country’s most powerful business leaders and politicians behind bars, says there’s no end in sight for the country’s sprawling graft probe, known as Carwash. Much remains to be done to combat corruption in Brazil, the 45-year-old judge said in an interview at Bloomberg headquarters in New York. That includes eliminating special privileges politicians enjoy before the law and streamlining the judiciary to reduce delays and impunity. Yet so far Brazil is doing its share to overcome "shameful" systemic corruption, Moro said. “The investigation has no expiration date,” he said. Moro last month ordered former President Luiz Inacio Lula da Silva arrested and imprisoned for corruption.

May 18, 2018 - Reuters

Vitol, Glencore, and Shell—the three biggest oil traders in the world—are in the running to buy the Nigerian oil assets of Brazil’s state oil firm Petrobras, Reuters reported. As part of its asset sale program aimed at raising billions of U.S. dollars and reducing its huge debts, Petrobras launched in November last year a sales process for its Nigerian assets, putting on the block its 50% interest in Petrobras Oil & Gas B.V. (POGBV)—a joint venture in which BTG Pactual E&P. The joint venture that Petrobras looks to exit holds stakes in two deepwater blocks offshore Nigeria that contain the Akpo and Egina fields operated by France’s Total and the Agbami field operated by U.S. supermajor Chevron. In March this year Petrobras moved on to the binding stage of the sales process.

May 18, 2018 - Macauhub

China’s State Power Investment Corporation (SPIC) group plans to expand its business in Brazil, “a country that is one of the top regional priorities for group expansion,” Adriana Waltrick, the head of the Chinese group for Brazil. The Chinese group, which controls a hydroelectric power plant in the central/western region and two wind farms in the Northeast with a production of two gigawatts, plans to expand its global electric power production capacity by 30 gigawatts, according to Waltrick. The head of the Chinese group for Brazil said that this expansion could be done through acquisitions or the submission of proposals to obtain licenses to build more capacity.

May 18, 2018 - PV magazine

Brazil has just reached the historical mark of 250 MW of installed power in distributed solar photovoltaic systems. According to new figures provided by the Brazilian PV association ABSOLAR, Brazil currently has 27,803 PV systems connected to its grid, adding more than R$ 1.9 billion (518 million dollars) in accumulated investments since 2012, while being distributed around all regions of the country. The residential segment has the largest share, accounting for around 77.4% of total number of installations. Next, there are companies in the sectors of commerce and services (16%), rural consumers (3.2%), industries (2.4%), public authorities (0.8%), other entities such as public services providers (0.2%), and public lighting (0.03%).