Browsing Tag

Fuels

Oil & Gas

OIL PRICE DECLINE: Services Sector “Bloodbath” Predicted

Lais Carregosa Apr 1, 2020

Former president of IBP expects strong impact of the adjustments by oil companies to combat the crisis

Oil & Gas

ABTL: Ship to Ship Lacks Comprehensive Standard

Lais Carregosa Mar 12, 2020

Brazilian Association of Liquid Terminals says proposal put up for public consultation maintains regulatory gaps

Oil & Gas

Petrobras Paralyzes RLAM Unit

Lais Carregosa Mar 10, 2020

With a view to greater financial returns, the company directs part of the cargo to bunker production

Oil & Gas

Coronavirus Delays Production in Sepia by at Least One Month

Lais Carregosa Mar 10, 2020

Petrobras still has no idea of the consequences of the global epidemic on its operations

Oil & Gas

Cade Continues Investigations of Distributors

analuisaegues Mar 4, 2020

Consumer Protection Agency rejects request by defendants to end its investigation in Rio de Janeiro

Fuels

Fuel By Rail

Bruno Postiga Mar 2, 2020

A company in Paraná is developing a project to boost the flow of oil products via train

Fuels

B12 Becomes Effective From Sunday

[email protected] Feb 28, 2020

It is now official: the mix of 12% of biodiesel in commercial diesel fuel that starts arriving at gas stations over the weekend

Fuels

Petrobras Ups Gas Prices at Refineries, First Time This Year

[email protected] Feb 19, 2020

3% raise was due to Brent oil recovery, diesel will not change

Oil & Gas

Felipe Kury: Fuel Stocks are “OK”

Bruno Postiga Feb 19, 2020

According to the ANP director, the strike has not yet impacted the supply of oil products in Brazil

Oil & Gas

Oil Workers Strike: Concerns About Risk of Fuel Shortages

Lais Carregosa Feb 14, 2020

Operating with backup teams, Petrobras says there has been no impact on production so far

Fuels

Swedish and São Paulo Governments Sign Letter of Intent On Biogas

Rafael Fernandes Feb 13, 2020

Sweden to invest US$ 691,000 in studies of clean energy generation for public transportation

Fuels

Better Quality Gasoline

analuisaegues Jan 21, 2020

The ANP approved revision of the automotive fuel specification to benefit consumers

Older Posts

From the Media

Apr 03, 2020 - Argus

A pause in Brazilian diesel import negotiations is likely to extend into April as domestic demand wanes and the market braces for a wave of shipments contracted before coronavirus-related movement restrictions were put in place. Brazil's state governments adopted more restrictive social isolation measures in mid-March, a move that signaled caution for the refined products sector. Many fuel distributors halted imports as they monitor the degree to which the outbreak will sap domestic diesel and gasoline demand. As of 1 April, 23 ships were scheduled to deliver around 1.1bn l of diesel by the end of the month, slightly higher than the 1bn l mark forecasted for March delivery, according to oil analytics firm Vortexa. There are currently no additional Brazil-bound import vessels scheduled for departure in April and May.

Apr 03, 2020 - BNamericas

Latin America’s energy sector is in the middle of a tectonic shift with wide-ranging potential consequences for the region’s economies. This was the key takeaway from an online conference organized by the Inter-American Dialogue. Experts discussed the perfect storm of health crisis and low oil prices, and possible effects on some the most exposed economies. Brazil, Colombia and especially Venezuela, for example, depend on oil revenue but calculated with prices way above current levels of US$20-30/b. The drop is a consequence of a rift between OPEC+’s two biggest producers, Russia and Saudi Arabia, pushing prices below the break-even point of promising basins such as Brazil’s pre-salt and Argentina’s Vaca Muerta, Inter-American Dialogue program director Lisa Viscidi said.

Apr 03, 2020 - Reuters

Brazil's manufacturing sector shrank in March at the fastest pace in more than three years, according to a survey of purchasing managers' activity on Wednesday, as the hit to activity from the coronavirus outbreak began to be felt. The IHS Markit Brazil manufacturing purchasing managers index (PMI) came in at 48.4, down from 52.3 the month before and signaling the first contraction in activity since last July.A reading above 50.0 marks expansion in the sector, while a reading below signifies contraction.

Apr 03, 2020 - Agencia Brasil

Brazilian President Jair Bolsonaro announced this week that the aid to workers and businesses as well as states and municipalities to tackle the new coronavirus crisis adds up to roughly 2.6 percent of the country’s gross domestic product. The president was joined by Economy Minister Paulo Guedes, who stated this aid will cost US$ 18.7 billion to public coffers and should benefit 54 million Brazilians. Other measures, the minister went on to mention, are aimed at helping businesses preserve employment.