Browsing Tag

BNB

Power

BNB Finances US$ 33.3 M for Transmission Project

marcosardenberg Jan 4, 2019

Resources will be allocated for a line for EDP’s Transmission MA II project

Power

Aneel Approves Sobrado I Solar Plant Transfer of Control

Lívia Neves Oct 4, 2018

Sold in 2015 to investment funds, plant should start up by June 2019

Power

Total Eren: Commission Their First Solar Plant in Brazil

Lívia Neves Jul 19, 2018

The renewable energy unit of the French oil company subsidiary contracted all of its 140 MWp in auctions

Power

BNDES To Invest US$ 1.14 B in Wind Power in 2018

Lívia Neves Jul 11, 2018

Of the amount, US$ 435 M has already been spent and, if the projected amount is realized, there will be a decline of 36% compared to 2017

Power

BNB/BNDES Meet to Discuss Solar Energy Production

Lívia Neves Jul 2, 2018

The banks can only finance the purchase of domestically produced equipment, but now will discuss complete systems and components

Power

Equatorial Obtains Financing Worth US$ 290 M from BNB

marcosardenberg Jun 29, 2018

Value of the contract corresponds to just over 70% of the investment foreseen by Aneel for the Northeast transmission projects

Oil & Gas

Petrobras Makes Pre-payment of US$ 500 M

analuisaegues Jun 22, 2018

The operation was with the French bank Crédit Agricole CIB concomitant with the new withdrawal under better conditions

Power

BNDES To Extend Support to Power Plants in the Free Market

marcelofurtado Jun 8, 2018

The development bank is launching a financing model that is more compatible with short-term contracts and a new price projection methodology

Power

BNB Improves Energy Project Financing Conditions

Lívia Neves Jan 12, 2018

The president of Banco do Nordeste (BNB), Romildo Rolim announced an increase in the limit of financing for energy companies, going from 60% to now up to 80%. The announcement was made this week in São Paulo at an event for investors and…

Power

BNB Surpasses BNDES In Solar Loan Approvals

Lívia Neves Dec 18, 2017

In a year in which support for renewable energy projects were resumed, the regional bank sanctioned R$ 1.598 billion (US$ 485 M) for solar projects

From the Media

Jan 17, 2019 - Reuters

Brazil plans to eliminate visitor visas for Americans, the country's tourism minister said on Wednesday, as President Jair Bolsonaro seeks to turn around the lagging tourism sector and engineer cozier relations with the United States. The visa initiative is part of the Foreign Ministry's plan for the first 100 days in power of Bolsonaro, who assumed office on Jan. 1, Tourism Minister Marcelo Alvaro Antonio told Reuters in an interview. Bolsonaro won the presidency running on a right-wing populist platform and is an open admirer of U.S. President Donald Trump. He has sought to realign Brazil with the United States, unlike the leftist Workers Party government that favored relations with fellow developing economies.

Jan 17, 2019 - Bloomberg

South America’s two largest countries are more united than ever, Argentine President Mauricio Macri declared during an official visit to Brasilia that sought to reset relations with President Jair Bolsonaro after an awkward start. Warm speeches from both sides sought to leave behind the initial tension in their relationship. Macri’s absence from Bolsonaro’s inauguration on Jan. 1 did not go unnoticed by Brasilia, while Brazilian Finance Minister Paulo Guedes’ insistence that the Mercosur customs union was not one of his priorities also riled Argentine officials. But that appeared to be forgotten as the two presidents discussed boosting trade, fighting crime and nuclear energy.

Jan 17, 2019 - World Oil

Petrobras reports that in 2018, its total production of oil and gas, including natural gas liquids (NGL), was 2.63 MMboed, of which 2.53 MMboed produced in Brazil and 101,000 boed abroad. Petrobras’ own production of oil in Brazil was 2.03 MMbpd. The annual average of the company's total operated production (both Petrobras and partner’s share) in 2018 was 3.29 MMboed, of which 3.16 MMboed in Brazil. The production of oil and natural gas in 2018 is in line with the goal established for this year in the company's Business and Management Plan, which projects 2.8 MMboed in 2019.

Jan 17, 2019 - OE Digital

With the oil and gas market heating up in Brazil, many foreign service providers are looking to set up shop in Brazil with an eye on new opportunities. Although the South American country's main attraction will continue to be exploration and production (E&P) in post-salt and pre-salt acreage, other significant opportunities will be on offer. One niche will be the decommissioning of various offshore structures, from deactivated subsea infrastructure to rusting rig legs to whole rigs and floating production storage and offloading units (FPSO). As many of Brazil’s offshore production units are aging, especially in the Campos Basin, decommissioning in Brazil will be an important market which will last for decades.