Total Requests Drilling License

The oil company plans to start a campaign in the Campos Basin pre-salt between the end of this year and the beginning of 2021

The oil company plans to start a campaign in the Campos Basin pre-salt between the end of this year and the…

EDP Eyeing Transmission

Company looks at the secondary market, mainly projects already contracted but whose construction has not yet…

Copel To Privatize Foz do Areia

Board of Directors approved the sale of control of the asset, company must maintain a 49% stake

Board of Directors approved the sale of control of the asset, company must maintain a 49% stake
From the Media

Feb 21, 2020 - Bloomberg

Andre Esteves, once the golden boy of Brazilian finance, has been gradually taking on a more public role since his arrest five years ago, culminating in an appearance Wednesday in which he headlined a conference and laid out an optimistic vision for Latin America’s largest economy. Now 51 and a little grayer at the temples, Esteves was more statesman than banker as he spoke to a crowd of more than 700 and touched on topics ranging from Brazil’s growth prospects to its currency and even the nation’s controversial president, Jair Bolsonaro. He made no mention of Banco BTG Pactual SA, the financial powerhouse he helped found, nor did he comment on his 23-day stint in an infamous Rio de Janeiro prison after an arrest that nearly toppled his empire. All charges against him were dismissed.

Feb 21, 2020 - Reuters

“Distributed generation,” or DG, operations are quickly multiplying in Brazil as investors bank on the long hours of strong sunlight across the continent-sized country, a late adopter of solar technology, and enjoy subsidies that have been pared back in countries like the United States. Corporate and private investors are boosting solar panel production in one of Brazil’s few domestic manufacturing industries, as well as driving imports from China. Brazil’s solar power industry group Absolar sees DG investments tripling to US$ 3.64 billion in 2020 from last year. Those installations should add 3.4 gigawatt of power generation capacity in Brazil this year, the group said. The Brazilian unit of Chinese solar modules maker BYD is working around the clock to meet demand, said unit marketing director Adalberto Maluf.“

Feb 21, 2020 - Financial Times

Petrobras said it is at least two years away from making a serious push into renewable energy, putting Brazil’s state-owned oil company at odds with the direction of many other majors as they grapple with concern over climate change. The group said it was in a period of “transformation” and its focus was instead on becoming more competitive and delivering greater returns to investors. “The pressure we have is to deliver more results to our shareholders,” Andrea Marques de Almeida, chief financial officer, said. “I believe after two years more of hard work the company will be more competitive and will be ready to decide what will be the competitive areas in renewables for Petrobras.”

Feb 21, 2020 - BNamericas

Conference calls with high-level executives at some Brazilian power firms show continued strong interest in the transmission lines sector. The sector has become more attractive in recent years as a result of improvements in tender rules, projects generating stable revenues, and Brazil’s need to expand infrastructure for the expected economic recovery in the coming years.