OPEC: Brazil Will Play in the Oil Major Leagues

The oil cartel placed the country alongside the U.S., Russia and the United Kingdom as a non-OPEC exporter

The oil cartel placed the country alongside the U.S., Russia and the United Kingdom as a non-OPEC exporter

IEA Replaces Brazil in Global Biofuels Platform

The agency's plan is to help countries meet the global production target of 1.1 trillion liters of biofuels by 2050

The agency's plan is to help countries meet the global production target of 1.1 trillion liters of biofuels by 2050…

PPI Can Include New Energy Assets

Transmission lines and projects for upcoming A-4 and A-6 auctions may enter

Transmission lines and projects for upcoming A-4 and A-6 auctions may enter
From the Media

Feb 19, 2019 - Renewables Now

The Brazilian Minister of Mines and Energy, Bento Albuquerque, announced the construction licenses for 1,572 MW of green projects secured during the August 31, 2018 energy auction have been signed.In all, the government has so far approved the construction of 53 projects, which represent BRL 6.8 billion (USD 1.8bn/EUR 1.6bn) of investments and more than 8,000 direct jobs. Of the okayed projects, 44 correspond to wind power generation, seven are hydropower generation schemes, one uses natural gas and one uses biomass, the ministry said.

Feb 19, 2019 - Rigzone

After years of budget cuts, oil and gas companies are finally stepping up their exploration game. That’s according to Rystad Energy, which said improved market conditions and lower well costs have led exploration and production players to “ramp up” their 2019 exploration activities in all parts of the world.“Renewed optimism in exploration activities is anticipated in 2019, with operators from various segments aiming for multiple high-impact campaigns – both onshore and offshore – in essentially all corners of the world,” Rystad Energy Senior Analyst, Rohit Patel, said in a company statement….Peroba, a pre-salt prospect in Brazil’s Santos basin, is estimated to hold in-place volumes of more than five billion barrels of oil equivalent (boe).

Feb 19, 2019 - Bloomberg

Quick to Reject Maduro, Brazil Now Treads Softly on Venezuela. Brazil benefits from cheap electricity from Venezuela. The country’s northernmost state, Roraima, is supplied by cheap hydroelectricity from Venezuela’s Guri dam. While Brazil has the thermoelectric capacity to supply Roraima, it comes at much higher cost -- an additional 684 million reais ($183 million) per year, according to the country’s electric energy agency.

Feb 18, 2019 - Agencia Brasil – EBC

Brazil, the US, and Mexico stand out as the world’s leaders in production of wind energy in the Americas, as per figures recently released by the Global Wind Energy Council, GWEC. Altogether, North, Central, and South Americas account for a fourth of the world’s total installed capacity of this type of energy in 2018. The total installed capacity of wind energy in the Americas now totals 135 GW—up 12 percent from 2017, according to GWEC. The demand for this type of energy in the region is expected to continue, and the organization predicts another 60 GW in new wind capacities from 2019 to 2023.