Browsing Tag

Corporate

Brasil Offshore To Have 900 Firms

Redação Nov 5, 2014

The event will have presentations by the the SPE, Harvard University and a business round by Onip The organizers of Brasil Offshore expect to have between 800 and 900 firms showing in the eighth edition of the…

On Leave

Redação Nov 4, 2014

The former director Costa said he received US$ 198,000 from Sergio Machado (pictured) to influence an auction Yesterday (November 3), the President of the transportation subsidiary of Petrobras, Transpetro, Sergio…

Transfer Approved

Redação Nov 4, 2014

BP will have until March 2, 2015, to make a decision, adding approximately 3 months to the original deadline given by the ANP The ANP has approved the transfer of the Maersk Oil share (20%) of blocks C-M-471 and…

Odebrecht Project In Peru

Redação Nov 3, 2014

The pipeline will be 1,300 km long and is evaluated at US$ 13.6 billion The Brazilian construction company Odebrecht has begun the development of an engineering project (FEED) and the acquisition of construction…

Deadline Extended

Redação Oct 31, 2014

The resolution proposes to regulate the chartering of offshore support vessels by Brazilian shipping companies The deadline for submitting comments and suggestions during a public consultation period on Resolution…

US$ 4.5 B In Operational Costs

Redação Oct 31, 2014

The estimate gave rise to the book "The Resurgence of the Shipbuilding Industry in Brazil", which was released yesterday Operating costs for Sete Brasil's 29 rigs will reach approximately R$ 11…

Cheaper Prius

Redação Oct 30, 2014

To disseminate the technology in Brazil, Toyota also has partnerships with government and private organizations Toyota will be able to reduce the price of its most popular hybrid, the Prius to R$ 111,000 …

Cade Okays BP Farm-in

Redação Oct 28, 2014

The company will now own 40% of the rights of the BM-POT-17 and 30% of the rights in the BM-POT-16 contract BP Energy received approval from the Administrative Council for Economic Defense (Cade) to acquire…

Brasbauer To Build Domestic Rig

Redação Oct 24, 2014

With its capacity limited by its ability to buy components, the Guarulhos facility (photo) is capable of delivering two rigs per year In November, Brasbauer plans to begin construction of its first rig –…

Production Up

Redação Oct 23, 2014

For the year, the mining company’s production of thermal coal reached 1.68 MM metric tons Vale produced 582,000 metric tons of thermal coal in the world between July and September 2014, a volume 8% higher…

Moody’s Lowers Petrobras Rating

Redação Oct 22, 2014

The risk rating company Moody’s lowered the credit rating of Petrobras today (October 22). On the rating scale used by the company, dollar denominated debt was lowered from Baa1 to Baa2. The reason for the lower rating is…

Oil M&S Returns To Brazil

Redação Oct 21, 2014

. Rubens Botteri, former CEO of Tuscany Drilling in Brazil, is the new CEO of Oil m&s Brasil Perfurações Oil m&s is in the Brazilian oil and gas business again. The company recently…

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From the Media

Apr 23, 2018 - Alterenergymag

For the first time in history, the production cost of renewables is lower than that of fossil fuels, Kaiserwetter, a leader in renewable energy asset management, can today reveal. Fossil fuels presented costs between US$ 49 and US$ 174 per MWh in the G20 countries during 2017, while renewable energy projects were between US$ 35 and US$ 54. The latest photovoltaic energy auctions in Dubai, Mexico, Chile, Abu Dhabi or Saudi Arabia, and onshore wind energy in Brazil, Canada, India or Morocco in 2017 suggests that the standard cost of energy can be reduced to US$ 30 per MWh from 2018. However, onshore wind energy has already achieved similar costs in projects across Brazil, Canada, Germany, India, Mexico and Morocco, already reaching US$ 30 MWh.

Apr 23, 2018 - Reuters

Brazil’s power company Neoenergia on Friday raised its takeover bid for power distribution company Eletropaulo Metropolitana SA) from 25.51 reais to 29.40 reais per share, according to a securities filing. Neoenergia, which is controlled by Spanish company Iberdrola, is competing with Italy’s Enel) for a controlling stake in Eletropaulo, Brazil’s largest power distribution firm. Enel had raised its offer on April 19 to 28 reais per share plus a cash injection of 1.5 billion reais to be made after the acquisition.

Apr 23, 2018 - Bloomberg

Mario Abdo Benitez, a former senator from the ruling Colorado Party, won Sunday’s presidential election in Paraguay, in a surprisingly narrow victory over the opposition candidate. Abdo Benitez, 46, whose father was the secretary of long-ruling dictator Alfredo Stroessner, had 46.4 percent of the vote, with almost 100 percent of voting stations counted, according to preliminary results from the electoral court. Former public works minister Efrain Alegre trailed with 42.7% of votes.

Apr 23, 2018 - Oilprice

After being caught up in major corruption scandals and suffering from what some have claimed was its worst economic downturn in 100-years, Brazil has pulled itself back from the brink. The economy commenced growing again in 2017 with gross domestic product (GDP) expanding by 1 percent and 2018 GDP growth forecast by the International Monetary Fund (IMF) to be 2.3%. One of the key drivers of Brazil’s improving economic outlook are Brasilia’s plans to launch what could become the biggest oil boom in Latin American history. You see, Brazil possesses what is rated as being among the top offshore oil assets globally, the massive pre-salt oil fields located in the Atlantic Ocean on the Latin nation’s continental shelf.