Browsing Tag

Fuels

Biomethane as a Vehicle Fuel

marcelofurtado Dec 3, 2018

GEO Energética and Acesa Bioenergia installed a biogas purification unit in Paraná

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

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…

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From the Media

Jan 17, 2019 - Reuters

Brazil plans to eliminate visitor visas for Americans, the country's tourism minister said on Wednesday, as President Jair Bolsonaro seeks to turn around the lagging tourism sector and engineer cozier relations with the United States. The visa initiative is part of the Foreign Ministry's plan for the first 100 days in power of Bolsonaro, who assumed office on Jan. 1, Tourism Minister Marcelo Alvaro Antonio told Reuters in an interview. Bolsonaro won the presidency running on a right-wing populist platform and is an open admirer of U.S. President Donald Trump. He has sought to realign Brazil with the United States, unlike the leftist Workers Party government that favored relations with fellow developing economies.

Jan 17, 2019 - Bloomberg

South America’s two largest countries are more united than ever, Argentine President Mauricio Macri declared during an official visit to Brasilia that sought to reset relations with President Jair Bolsonaro after an awkward start. Warm speeches from both sides sought to leave behind the initial tension in their relationship. Macri’s absence from Bolsonaro’s inauguration on Jan. 1 did not go unnoticed by Brasilia, while Brazilian Finance Minister Paulo Guedes’ insistence that the Mercosur customs union was not one of his priorities also riled Argentine officials. But that appeared to be forgotten as the two presidents discussed boosting trade, fighting crime and nuclear energy.

Jan 17, 2019 - World Oil

Petrobras reports that in 2018, its total production of oil and gas, including natural gas liquids (NGL), was 2.63 MMboed, of which 2.53 MMboed produced in Brazil and 101,000 boed abroad. Petrobras’ own production of oil in Brazil was 2.03 MMbpd. The annual average of the company's total operated production (both Petrobras and partner’s share) in 2018 was 3.29 MMboed, of which 3.16 MMboed in Brazil. The production of oil and natural gas in 2018 is in line with the goal established for this year in the company's Business and Management Plan, which projects 2.8 MMboed in 2019.

Jan 17, 2019 - OE Digital

With the oil and gas market heating up in Brazil, many foreign service providers are looking to set up shop in Brazil with an eye on new opportunities. Although the South American country's main attraction will continue to be exploration and production (E&P) in post-salt and pre-salt acreage, other significant opportunities will be on offer. One niche will be the decommissioning of various offshore structures, from deactivated subsea infrastructure to rusting rig legs to whole rigs and floating production storage and offloading units (FPSO). As many of Brazil’s offshore production units are aging, especially in the Campos Basin, decommissioning in Brazil will be an important market which will last for decades.