Browsing Tag

Corporate

Ítalo Freitas Is New AES CEO in Brazil

marcosardenberg Oct 8, 2018

Julian Nebreda moves to CEO of the Strategic Business Unit South America, which includes Brazil, Argentina, Chile and Colombia

Oil & Gas

Elections 2018: What the Candidates Think about Brazil’s O&G

João Montenegro Oct 5, 2018

The first round of Brazil's presidential elections are slated for this Sunday, Oct. 7

Oil & Gas

Ex-CEO, Former Sales Manager of SBM Sentenced To Prison

analuisaegues Oct 2, 2018

The former executives participated in bribery schemes involving offshore oil projects in Brazil and in two other countries

Oil & Gas

Eneva Announces Restructuring and Merges with Parnaíba Gás Natural

analuisaegues Oct 2, 2018

The company wants to lower administrative costs, simplify contracts and diversify the creditor base

Oil & Gas

Total Names New Director General in Brazil

Claudia Siqueira Sep 24, 2018

Maxime Rabilloud leaves as head of the French oil company in Brazil, now with another Frenchman, Philippe Blanchard, in charge

Oil & Gas

Repsol Sinopec Under New Command

Claudia Siqueira Sep 14, 2018

Leonardo Junqueira leaves the presidency in Brazil

Oil & Gas

Petrobras’ Governance Manager To Change

Claudia Siqueira Jun 27, 2018

Pedro Paulo Sutter will leave the company by the end of the month, after almost two years

Oil & Gas

Rafael Salvador Grisolia Named New Petrobras CFO

Claudia Siqueira Jun 27, 2018

Confirmed by the oil company's Board of Directors, he will also be the Investor Relations officer

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…

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From the Media

Oct 15, 2018 - Bloomberg

Brazil's Military Poised to Amass Power After Three-Decade Wait. Gen. Antonio Hamilton Mourao would be Brazil’s vice president. Gen. Augusto Heleno would be defense minister. And Gen. Oswald Ferreira is likely to run a new infrastructure ministry. If ex-Army Captain Jair Bolsonaro wins the runoff vote against the Workers’ Party’s Fernando Haddad on Oct. 28, he has promised to name as many as five generals to his cabinet, giving the security forces their biggest public role in decades. In addition, at least 38 former soldiers, police officers and firefighters rode the coattails of the former paratrooper to win election to congress Oct. 7. In 2014, only 14 veterans won.

Oct 15, 2018 - DevDiscourse

Brazilian far-right presidential front-runner Jair Bolsonaro’s top economic adviser said he favors selling off some of the power generation assets of utility company Eletrobras, raising new contradictions in the candidate's policy team. Shares of the company soared following the clear lead Bolsonaro took in Sunday's first-round vote, but then tumbled 13% on Wednesday when Bolsonaro said he would privatize transmission and distribution units but not generation. He previously promised to privatize some state-controlled companies. But in comments to reporters late on Friday, his economic guru Paulo Guedes gave a contradictory view, favoring selling Eletrobras generation rather than transmission assets.

Oct 15, 2018 - Renewables Now

Italy's Sebigas has been awarded a contract by Raizen-Geo to build a 17.5-MW biogas plant in Brazil. The facility, which according to Sebigas will be the largest biogas plant in the Americas, will be located in the city of Guariba in the state of Sao Paulo. It will be constructed near the second largest ethanol and sugar mill of Raizen, a company which is a joint venture between Brazil's Cosan SA Industria e Comercio and Royal Dutch Shell Plc. The plant will use vinasse, a by-product from ethanol production, to make biogas that will then be used to produce electricity, providing 17.5 MW of generation to the national grid.

Oct 15, 2018 - Seeking Alpha

France's Engie and Canadian pension fund Caisse de Depot et Placement du Quebec plan to offer as much as US$ 9B for Petrobras’s natural gas pipeline network, potentially US$ 1B more than their initial bid. Engie, whose initial US$ 8B bid including debt was the highest, is planning to raise its offer to ensure it prevails at a time when cheap credit is available to help finance the acquisition, according to the report. The 2,800-mile Transportadora Associada de Gas pipeline network spans 10 states in northeastern Brazil, and PBR wants to sell it as part of a wider push to sell US$ 21B in assets to reduce its debt; if completed, it would be the company’s biggest divestment ever.