Browsing Tag

Brasil Energy

Crisis? What Crisis?

Claudia Siqueira Feb 2, 2012

The economic crisis that is afflicting the European Union once again is frightening Brazilian industrial exporters, the way it did during the global recession of 2008/09. Yet natural gas sales in the country continue to rise without…

On The Cutting Edge

Redação Feb 2, 2012

After more than 20 years in Brazil, the Ship Power Division of the Finnish company Wärtsilä finished 2011 with a contract that could represent a benchmark for its activities in Brazil. The agreement calls for the development of…

Fresh Paint

Redação Feb 2, 2012

With more than 100 projects underway, ranging from the construction of new refineries to the modernization of current refineries, the Supply Area of Petrobras will start 2012 with a number of reasons for celebration. A record number of…

Easier Credit

Redação Feb 1, 2012

Even though they are acting through independent agreements among themselves, the associated companies of the four Petro Networks in the state of Rio de Janeiro have obtained significant results in recent years —beginning…

Catalogued Companies

Redação Feb 1, 2012

In addition to the Petro Networks, there are other initiatives in Brazil that bring together suppliers in the oil and gas industry to promote business, encourage partnerships and bring new companies into the productive chain…

R&D Attracts US$ 221 MM

Redação Feb 1, 2012

Eighteen companies will invest R$ 395 million (US$ 221 MM) over the next three years in solar power R&D in Brazil. The projects total 25 MWp of power and were approved in the strategic program “Technical and…

New Rules Coming

Redação Feb 1, 2012

Aneel has postponed — from December last year until February of this year — the regulations for the incentives for distributed solar energy micro-generation (less than 100 kW) and mini-generation…

Solar Policy

Redação Feb 1, 2012

Members of the government are signaling that the public policy option for the solar energy industry in Brazil will be for distributed generation. Subsidies are practically discarded and the auctions may be very expensive,…

Now A Field

Redação Feb 1, 2012

The prospect formerly known as Guará is now called Sapinhoá. With an estimated recoverable volume of oil of 2.1 billion boe, Petrobras declared the area commercially viable at the end of 2011, and it is…

Cleaner Fuels

Redação Feb 1, 2012

The units that are being inaugurated in Brazil’s refineries in 2011 and forecast for 2012 are part of an investment cycle begun in 2004 to improve the quality of fuels sold in Brazil.The investments were a response…

Solar Power’s Turn

Redação Feb 1, 2012

So far limited to isolated and small sized projects, the market for solar energy in Brazil will gain increased visibility starting this year, pushed by commercial sized plants, research projects and regulation of distributed…

Project Details

Redação Feb 1, 2012

Used for the first time in Brazil, the HCLS made it possible for an AHTS to lower the 11 wet Christmas trees installed in the first phase of the Parque das Conchas down to the seabed. Its big advantage is in the cost of the ship. Whereas…

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From the Media

Jan 24, 2020 - Bloomberg

A long-delayed plan to capitalize and privatize Brazil’s Eletrobras will move forward this year, Privatization Secretary Salim Mattar said amid concerns that delays in the sale of the power utility may force the government to freeze part of its budget. Eletrobras will be capitalized in 2020,” Mattar said in an interview at Bloomberg’s São Paulo office. “It’s irresponsible to say that Congress won’t approve the bill that allows the privatization this year.”

Jan 24, 2020 - Business Day

Brazil, which became a net oil exporter in 2019, wants to expand its footprint in global energy markets without joining the Organization of the Petroleum Exporting Countries (Opec). The South American nation expects to be among the top-five energy exporters by 2030, and is tapping private investment to boost output, according to energy and mines minister Bento Albuquerque. It is also working on making rules more favourable for investors in upcoming auctions for oil and natural gas licences. “The idea is just to increase our production and to participate more in the international oil and gas market,” he said in an interview in New Delhi. “But this is not a plan for Brazil to join Opec or any other association or group of oil and gas producers. We don’t want restrictions, we want to increase our production.”

Jan 24, 2020 - Power Technology

French multinational electric utility company ENGIE has acquired a 30-year greenfield concession project in Brazil through a tender process launched by Sterlite. The project includes construction, operation and maintenance of an electric power transmission line, covering 1,800 km, and a new substation, as well as the expansion of three additional substations located in northern Brazil. The project will require an investment of US$ 828m). ENGIE CEO Isabelle Kocher said: “This transaction follows the acquisition in Brazil of the TAG gas transmission network, which represents 4,500km of gas pipelines or 47% of the country’s total gas infrastructure.”

Jan 24, 2020 - Financial Times

As concerns about climate change soared last year, the boss of Brazil’s biggest company delivered a message to try to assuage anxieties. Roberto Castello Branco, the president of oil company Petrobras, promised to increase efforts to curb emissions, saying decarbonisation was “one of our priorities.” The positive message, however, masks an inconvenient truth: in contrast with many of its global peers, Petrobras has made scant effort to diversify into green energy.