Browsing Tag

Fuels

Petrobras Reduces Frequency of Gasoline Price Adjustments

Roberto Francellino Sep 10, 2018

The company announced a financial mechanism to increase the periods of price stability

Power

Brazil Has about 8,000 Electric and Hybrid Vehicles

Lívia Neves Jul 9, 2018

Rota 2030 and Aneel's new resolution for recharging stations can help increase the fleet

Fuels

BEHIND THE NEWS: Fuels Receive Subsidies of US$ 18 B

João Montenegro Jun 19, 2018

The amount will grow with government's deals in the wake of the truckers' strike

Fuels

How To Boost Brazil’s Fuel Supply Competitiveness

matheusgagliano Jun 4, 2018

Anti-trust Regulator makes suggestions to improve the sector in Brazil in view of recent strike

Fuels

BEHIND THE NEWS: Chronology of High Fuel Prices

João Montenegro May 30, 2018

Geopolitical and natural events are among the reasons already pointed out by Petrobras for diesel and gasoline adjustments

Fuels

Senate Bill Would Prohibit Diesel Or Gas Vehicles after 2060

matheusgagliano May 28, 2018

Justification is that European nations already have set 2040 as deadline

Oil & Gas

BEHIND THE NEWS: BP Targets Growth in Brazilian Downstream and Upstream

João Montenegro Apr 16, 2018

The British oil company has made important investment decisions in the country over the past six months

Fuels

BP, Copersucar: Joint Venture Ethanol Terminal

Redação Dec 1, 2017

Each company will have a 50% stake in the business, which still depends on Cade's approval

BR Prepares Public Offering

Redação Nov 23, 2017

Petrobras-owned BR Distribuidora said that it has filed documentation related to the secondary public offer of shares that it intends to issue with the Brazilian securities commission (CVM). In a material fact, the Petrobras subsidiary…

Caixa Federal Finances Bio-digester Projects in Six States

Redação Nov 17, 2017

The Caixa Econômica Federal (CEF) is finalizing a R$ 2.8 million(US$ 850,000) credit line for an initiative that will teach rural communities how to build their own bio-digester facilities, helping low-income families to purchase…

S&P Global Platts Launches NNE Brazil Weekly Ethanol Assessment

Redação Nov 16, 2017

S&P Global Platts, a leading independent provider of information and benchmark prices for the commodities and energy markets, announced that it has launched a new North-Northeast Brazil anhydrous ethanol assessment. The new…

BR To Supply Fuels to Port of Açu

Redação Oct 5, 2017

Prumo Logística has signed a memorandum of understanding with BR Distribuidora to supply fuels for machinery and equipment at Port of Açu (RJ), which will be provided through the installation of a supply point in the…

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From the Media

Sep 25, 2018 - Reuters

Brazil’s state-run oil company Petrobras said its oil and gas production in August totaled 2.47 million barrels of oil equivalent per day, attributing the 5.1 percent decline from the previous month to closures for maintenance. It added, in a securities filing, that its production within Brazil amounted to 2.35 million barrels of oil equivalent.

Sep 25, 2018 - Agencia Brasil – EBC

Venezuela is not only retaining, but will expand its supply of electric energy directed at the northern Brazilian state of Roraima. The statement was made by Venezuelan President Maduro during a meeting with Roraima Governor Suely Campos last week in Caracas, where Maduro also expressed his intention of implementing a plan to repatriate Venezuelans planning to return to the country. According to Campos’s advisers, Maduro pledged to order “the immediate maintenance of Linhão de Guri [the transmission line connecting the hydroelectric plant in Venezuela to Roraima].” The statement came amid news that Venezuela threatened to interrupt the energy supply sent to Roraima.

Sep 25, 2018 - Interfax

Novatek’s Yamal LNG plant has shipped its first cargo to the Brazilian market, the company said on Monday. The cargo was delivered to the Bahia terminal owned by Petrobras.“Our LNG marketing strategy aims to diversify our supply geography and customer base,” Novatek Chief Executive Leonid Mikhelson said. “This shipment represents our first LNG cargo produced by our own production to the Latin American market, and confirms the viability of our logistical model and [the] unique geographical location of the Yamal LNG.

Sep 25, 2018 - Argus

Brazil's Mines and Energy Ministry proposed a price-based system to determine how quickly to increase the country's mandatory biodiesel blend from a current 10pc.The government plan, which was the subject of public hearings on 21 September, proposes increasing the blend by 1pc on 1 March 2019 if the biofuel is not cost-competitive with conventional diesel and by 2pc if the price of biodiesel is lower or if there is adequate supply. According to ministry calculations, the biodiesel price has been competitive with conventional diesel since 2014. If the proposal is approved by the national energy policy committee (CNPE), the blend will increase by a minimum of 1pc in March 2019.