Baker Hughes Reports Growth in Revenues and Orders in 2Q21

In the second quarter, Baker Hughes signed three contracts with Petrobras to supply integrated drilling equipment and services

In the second quarter, Baker Hughes signed three contracts with Petrobras to supply integrated drilling equipment…

Another PSV in the CBO Portfolio

With the new vessel, built in China, the Brazilian company now has a fleet of 36 ships

With the new vessel, built in China, the Brazilian company now has a fleet of 36 ships

Prysmian Inks Umbilical Contract with Petrobras

It will supply some 350 km of steel pipe, as well as offshore and logistical services, to the state-controlled oil company

It will supply some 350 km of steel pipe, as well as offshore and logistical services, to the state-controlled oil…

Santos Basin Reaches Record Share of National Production

Also, the production of the Parnaíba Basin grew 24% due to the high demand for thermoelectric plants in the midst of the water crisis

Also, the production of the Parnaíba Basin grew 24% due to the high demand for thermoelectric plants in the midst…

​​Ocyan: Seeking New Horizons

The company begins the second half of 2021 with fresh energy and renewed contracts, studying the possibility of operating third-party rigs

The company begins the second half of 2021 with fresh energy and renewed contracts, studying the possibility of…

Petrobras and Equinor Contract AHTS Vessels from DOF

The Brazilian oil company extended the charter for another year, Norway’s Equinor picked up one spot vessel for July and August

The Brazilian oil company extended the charter for another year, Norway’s Equinor picked up one spot vessel for…

Minerva Biodiesel Joins RenovaBio

The biofuel subsidiary of Minerva Foods has the potential to emit approximately 98,300 CBios

The biofuel subsidiary of Minerva Foods has the potential to emit approximately 98,300 CBios

Renova Energia Accepts US$ 210 M Offer for Brasil PCH

The deals is with the Abu Dhabi-based Mudabala fund, which will hold 51% of the shares of the subsidiary that owns 13 small hydro plants

The deals is with the Abu Dhabi-based Mudabala fund, which will hold 51% of the shares of the subsidiary that owns…

​​CPFL Takes CEEE-T for US$ 511 M

The transmission company auction attracted six initial bids with sharp competition

The transmission company auction attracted six initial bids with sharp competition

STI Norland Has € 500 M Global Backlog

Completing its 25th anniversary, the solar tracker supplier forecasts a more competitive Brazilian photovoltaic market this year

Completing its 25th anniversary, the solar tracker supplier forecasts a more competitive Brazilian photovoltaic…

BUSINESS INTELLIGENCE: LNG Terminal Locations Study Released

It introduces a series of advances for the natural gas sector and presents opportunities for investments in LNG terminals in the country

It introduces a series of advances for the natural gas sector and presents opportunities for investments in LNG…

ANP Authorizes Import of LNG for Vale

Company can import up to 1.66 million m³/d of regasified natural gas, which will be used for its own consumption

Company can import up to 1.66 million m³/d of regasified natural gas, which will be used for its own consumption
From the Media

Jul 23, 2021 - Reuters

Brazilian politicians across the ideological spectrum expressed shock on at an unconfirmed report in newspaper Estado de S.Paulo that the defense minister communicated to the speaker of the lower house that next year's scheduled presidential election would not take place without printed ballots. The report, which cited anonymous sources comes after repeated public allegations by President Jair Bolsonaro that Brazil's electronic voting system is vulnerable to fraud. He has provided no proof for those claims. Defense Minister Walter Braga Netto, an army general, delivered through an interlocutor a message to House Speaker Arthur Lira that the 2022 presidential election must use printed votes.

Jul 23, 2021 - KSU Sentinel

In his last days of mandate, the American ambassador to Brazil, Todd Chapman, defended that the Brazilian government presents in the coming months – before the world climate meeting – a detailed plan on how the country intends to meet the environmental commitments recently made by President Jair Bolsonaro. “It’s time [for Brazil] not to be the bad guy and to be the hero. Now is the time,“ he said. At the climate summit led by U.S. President Joe Biden, Bolsonaro pledged to achieve climate neutrality by 2050 and end illegal deforestation by 2030.

Jul 23, 2021 - Renewables Now

Brazil's Piaui state announced it will develop an atlas of the state’s solar irradiation in partnership with research foundation Fadex. In addition to mapping areas, the new atlas will provide essential technical data for the feasibility of photovoltaic (PV) and thermal solar generation projects. The creation of the document should take 12 months. The atlas will consist not only of a physical document but also a digital programme for viewing maps in a geographic information system (GIS), a solarimetric and meteorological database, and training courses.

Jul 23, 2021 - Argus

Swiss trading firm Mercuria is suspending its Brazilian oil products operations early next month amid a protracted transition to a free and open downstream market. Mercuria has been involved since 2016 in Brazil's motor fuels market through its Flamma subsidiary, importing diesel and gasoline through the southern ports of Santos and Paranagua, and Aratu port in the Bahia state. The company for the past two years has been focused on its diesel business in Paranagua and decided to exit Brazil because a frequently closed arbitrage for diesel imports eroded the branch's profitability. The opening of Brazil's downstream market is behind schedule as the Covid-19 pandemic.