Browsing Tag

Corporate

Solar Market: 5,400 New Companies in 2021

Thais Custodio Jan 13, 2021

Portal Solar projects that the volume of photovoltaic projects and installation firms may grow 27% during this year in Brazil

Power

Cemig, Fully, Pulls Out from Light

Fabio Couto Jan 8, 2021

Company announces sale of 68.6 million shares, ending 15 years in control of the electricity distributor of 31 municipalities in RJ

Oil & Gas

PetroRio Approves Capital Increase

analuisaegues Jan 6, 2021

The company's board of directors also ratified the conversion of more than 1 million common shares during the meeting

Oil & Gas

Petrobras Fully Exits Sete Brasil

Felipe Salgado Jan 4, 2021

Petrobras no longer holds either a direct or indirect interest in the group

Oil & Gas

Petrobras To Close London Office

Felipe Salgado Dec 29, 2020

The change will begin in the next quarter and should be completed in the second half of 2021

Oil & Gas

New Head for Equinor in Brazil

Felipe Salgado Dec 23, 2020

Veronica Rezende Coelho will become the president of the company in Brazil in February 1, 2021 replacing Leticia Andrade

Oil & Gas

ANP Extends Duration of Resolutions Due to Pandemic

Lais Carregosa Dec 18, 2020

Draft resolution was approved, to be effective between April and December 2021

Oil & Gas

Exxon Designates New President for its Brazil Operations

Felipe Salgado Dec 17, 2020

The U.S. oil major announced Juan Lessmann as the company's new CEO, replacing Carla Lacerda

Power

2 Years After Privatization, Atem Spun Off from Amazonas Energia and Roraima Energia

Fabio Couto Dec 3, 2020

Company says it will leave the electricity sector, to prioritize the fuel distribution business

Oil & Gas

Petrobras Anticipates Investments of US$ 55 B Between 2021 and 2025

Felipe Salgado Nov 26, 2020

According to the company's Strategic Plan, US$ 46 billion (84%) will be earmarked for E&P

Power

Enel’s 2030 Plans Focuses on Renewables and Networks

Lívia Neves Nov 25, 2020

The company foresees US$ 190 B with most investments in its own generation and distribution assets, in addition to almost triple the renewable capacity to 120 GW

Oil & Gas

INTERVIEW: Clarissa Lins, President of the IBP

Felipe Salgado Nov 24, 2020

Sideways is not a bad deal in the midst of the crisis

Older Posts

From the Media

Jan 20, 2021 - Petrobras IR

Petrobras, regarding the news published in the media on the divestments progress of the refineries, clarifies: (i) the company has received a binding proposal for the sale of Alberto Pasqualini Refinery (REFAP), in Rio Grande do Sul, and is in the negotiation phase with Ultrapar Participações S.A.; (ii) the company has received binding proposals for the sale of Presidente Getúlio Vargas Refinery (REPAR), in Paraná, and is in the phase of analyzing the proposals; (iii) the company is awaiting final offers from all participants in the sale process of Landulpho Alves Refinery (RLAM), in Bahia, based on negotiated versions of contracts with Mubadala Investment Company; (iv) the company has received binding offers and is in the negotiation phase for the sale of Isaac Sabbá Refinery (REMAN), in Amazonas, Lubrificantes e Derivados de Petróleo do Nordeste (LUBNOR), in Ceará, and Shale Industrialization Unit (SIX), in Paraná; (v) the company expects to receive the binding offers for the sale of Abreu e Lima Refinery (RNEST), in Pernambuco, and Gabriel Passos Refinery (REGAP), in Minas Gerais, in the first quarter of this year.

Jan 20, 2021 - Reuters

Representatives of fuel suppliers to Venezuela, importers of Venezuelan oil and advocacy groups said this month they plan to press the incoming administration of U.S. President Joe Biden to reverse a ban on crude-for-diesel swaps. The Trump administration since the last quarter of 2020 barred companies from sending Venezuela diesel in exchange for crude. Those deals were exempted for more than a year from sanctions on state oil company Petroleos de Venezuela SA, aimed at ousting President Nicolas Maduro, who has overseen an economic collapse.

Jan 20, 2021 - Renewables Now

Brazilian renewable energy company Essentia Energia is planning to build a wind complex in Bahia state for a total cost of R$ 2.3 billion (US$ 434.5m), the local government announced last week. Named Ventos de Sao Vitor, the wind power complex will be located in the municipalities of Xique-Xique and Itaguacu da Bahia. Essentia Energia has already begun civil works and expects power supply to commence in the second quarter of 2022, while full commissioning is set for the first quarter of the following year.

Jan 20, 2021 - North Wales Pioneer

PetroStrat, which provides stratigraphic subsurface services, has acquired RPS Energy Ltd's assets and staff including 17 geological experts and an R&D laboratory and offices in Northwich. The move means that the Parc Caer Seion company will have more than 100 staff and 62 geological experts, becoming one of the largest knowledge bases of its kind in the industry. It is part of the company's plan to broaden its client base in countries including Brazil, Canada, the USA and West Africa and industry areas such as decommissioning and risk management, wind farm engineering and carbon capture and storage.