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Fuels

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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…

Petrobras Board Authorizes BR Distribuidora IPO

Redação Sep 29, 2017

Petrobras’ Board of Directors (BoD) approved BR Distribuidora's public offer and to list it publicly with the Securities and Exchange Commission (CVM), in addition to a 25% to 40% sale of part of its stake in the subsidiary.…

Caramuru To Start Producing Soybean Ethanol

Redação Sep 26, 2017

One of the largest grain processors in Brazil, Caramuru will expand a soybean crushing unit in Sorriso (MT) to start producing hydrous ethanol, thus taking harvest surpluses advantage in that region. The investment in expansion is…

American Ethanol Producers: Gov’t Action against Brazilian Tariffs

Redação Sep 12, 2017

U.S. ethanol supporters are calling upon the Trump administration and Congress to respond to tariffs that Brazil placed on U.S. ethanol earlier last month, producing another battle in a developing trade conflict that is pitting the…

BR Revises Bylaws, To Join Top Stock Exchange Corporate Governance Level

Redação Sep 6, 2017

The General Shareholders Meeting of BR Distribuidora approved changes to the company's Bylaws so that the fuel distributor can join the São Paulo Stock Exchange's elite Novo Mercado. The move is yet another step in…

Biogas Included for 1st Time in 10-Year Country Electricity Plan

Redação Aug 31, 2017

The 2026 Ten-Year Expansion Plan (PDE), which indicates how the expansion of the energy matrix in Brazil over the next ten years could look — and for the first time in history — has a significant amount of biogas as a…

ABiogás and CEBDS Seal Partnership To Promote Biofuels

Redação Aug 21, 2017

The Brazilian Biogas and Biomethane Association (ABiogás) and the Brazilian Business Council for Sustainable Development (CEBDS) have signed a partnership to discuss encouraging biofuel use in Brazil. The deal comes at a moment…

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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.