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…

Agenda

Redação Feb 1, 2012

FEBRUARY 7 to 9 – São Paulo Wind Forum Brazil Info: IQPC Phone: 11 3463 5600 [email protected] www.windforumbrazil.com 08 to 09 – Rio de Janeiro 3rd…

Partnerships In The Pipeline

Redação Feb 1, 2012

The creation of the Rio de Janeiro State Petro Networks Forum (Fórum Estadual das Redes Petro Fluminense) last December, which encompasses some 350 Petrobras suppliers based in the state, will enhance the possibility of new…

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From the Media

Apr 16, 2021 - Reuters

A former chief executive of Braskem S.A., Brazil's largest petrochemicals company, pleaded guilty on Thursday to conspiracy charges in connection with an alleged bribery scheme that U.S. prosecutors said involved Braskem's parent Odebrecht S.A. The defendant, Jose Carlos Grubisich, entered his plea before U.S. District Judge Raymond Dearie in Brooklyn, New York.

Apr 16, 2021 - Yahoo Finance

New Fortress Energy Inc. announced that it has signed a Memorandum of Understanding with a subsidiary of Norsk Hydro to supply natural gas to the Alunorte Alumina Refinery in Pará, Brazil for a term of 15 years. "We look forward to this long-term partnership and are pleased to assist Hydro with the transition of the Alunorte refinery to utilizing a cleaner and more affordable supply of energy," said Wes Edens, Chairman and CEO of New Fortress Energy. Hydro is converting the calcination process and part of the steam generation at the Alunorte Alumina Refinery from fuel oil to natural gas, which is expected to reduce emissions by approximately 20%. NFE will deliver a minimum agreed amount of natural gas to the refinery from the company’s Barcarena LNG receiving and regasification terminal located in the state of Pará.

Apr 16, 2021 - IMF Blog

Growth in Latin America and the Caribbean recovered briskly in the second half of 2020, yet still more slowly than the global economy and other emerging markets. That’s despite unprecedented policy support, strong performance of trading partners, soaring commodity prices and accommodative global financial conditions. The persistence of the health crisis in many countries casts a shadow on the near-term outlook. People and economies continue to require a short-term shot to exit from the COVID-19 crisis, while the aggravation of several underlying structural fragilities poses significant long-term challenges.

Apr 16, 2021 - NRDC.Org

In the past several years, the United States has greatly increased its exports of liquefied natural gas (LNG) to other countries. One major importer of U.S. LNG is Brazil, a country grappling with a president and administration that are antithetical to climate progress. As the U.S. engages with Brazil to rein in its emission from deforestation, it should not in parallel be facilitating higher emissions in Brazil’s energy sector. Often championed as a “bridge fuel” to move away from “dirtier” fossil fuels, LNG has been touted as “cleaner” because just the combustion phase has lower carbon dioxide emissions than coal or oil. However, when LNG’s entire lifecycle is taken into account, LNG is neither clean nor particularly low in emissions.