Browsing Tag

Government

TCU Recommendation Led To Cancellation of Reserve Auction

Redação Feb 2, 2017

A recommendation by the Federal Audit Court (TCU) may have been the decisive factor in the decision of the Ministry of Mines and Energy (MME) to cancel the most recent reserve auction, scheduled for last December. According to sources…

Ibama Oil Production Demands

Redação Oct 23, 2014

Petrobras is by far the company that received licenses for its activities, with 90 permits for offshore activities The oil and gas production activity is the largest segment in the sector requiring the licensing…

A Database Of Its Own

Redação Oct 21, 2014

According to the ANP's director, Brazil now has 38 sedimentary basins and the number of samples is very large The Brazilian National Agency of Petroleum, Natural Gas and Biofuels (ANP) wants to create its own…

Access To Data

Redação Oct 20, 2014

The interpreted data is capaple to indicate the attractiveness of an area The National Petroleum, Natural Gas and Biofuels Agency (ANP) today (October 20) held a public hearing for presentation of the draft…

New Rules For Distribution

Redação Oct 17, 2014

The objective of the ANP is to increase the level of responsibility of the companies with regard to supply the market The National Petroleum, Natural Gas and Biofuels Agency (ANP) approved a new resolution…

New Environmental Accident Tool

Redação Oct 7, 2014

The system separates the registration of accidents involving oil spills and products deemed hazardous Federal environmental regulator Ibama has launched the National Environmental Emergencies System (Siema) tool, containing…

ANP Defines 13th Round Sectors

Redação Sep 30, 2014

The director general of the ANP, Magda Chambriard confirmed that the agency's idea is to offer areas in mature basins, shallow waters and new offshore frontiers, focusing on areas in Brazil's Margem Leste …

Equatorial Margin Discussion

Redação Sep 24, 2014

Ibama is talking to local communities affected by exploration of the Equatorial Margin ( iStock Photos ) Ibama has begun working to communicate with the communities that will be affected by the exploration of the…

Lower Import Taxes On Hybrid Cars

Redação Sep 22, 2014

The federal government last week announced a reduction in import taxes for hybrid vehicles that cannot be recharged by plugging into an electric socket. The lower tax rate will last until the end of 2015 and will range between 0% and 7%,…

In Rio, Indeed

Redação Sep 17, 2014

Amid concerns of from oil industry executives that the next edition of the biennial industry conference and trade show, Rio Oil & Gas 2016, would be held in São Paulo because of the Rio 2016 Olympics (as was reported yesterday…

Silence at CPMI

Redação Sep 17, 2014

Petrobras' former director of Supply, Paulo Roberto Costa, chose to remain silent on questions posed by Brazilian congressmen during a Joint Parliamentary Committee of Inquiry (CPMI) on Petrobras, which was held today (September…

Marina Would Stay In Pre-Salt

Redação Sep 12, 2014

On Thursday (September 11), Brazilian presidential candidate, Marina Silva (Brazilian Socialist Party), said that, if elected, she would continue to develop the pre-salt and maintain the local content policy. Silva made her comments…

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From the Media

Nov 14, 2018 - Brazilian Sugarcane Industry Association (UNICA)

With yesterday's European Parliament (EP) approval of REDII (495 in favor, 68 against, 61 abstentions) a major milestone on the EU's biofuels journey has been reached. It's been a rocky road, and lawmakers have finally agreed a text in the Renewables Directive that gives biofuels a future in Europe - albeit an uncertain one. Ahead of COP24, and bearing in mind the need to reduce global warming to less than 2 degrees Celsius, the transport sector must contribute its share, and for that we need a sound biofuels policy as the example of Brazil shows. Transport emissions only account for 10% in Brazil (21% in Europe) but the country is committed to further reduce its carbon footprint and with the new RenovaBio policy framework it is on track to drive the growth of the alternative fuels industry.

Nov 14, 2018 - Oilprice.com

Could Brazil's Oil Sector Trigger An Economic Miracle? Brazil’s new far-right President elect Jair Bolsonaro has huge plans in store for Brazilian crude. His energy team is planning a massive push for the sale of Brazil’s enormous crude deposits to foreign investors. This is a move that would potentially open up a staggering quantity of oil, bigger than all of Mexico’s proven reserves, to Big Oil and other private interests. Bolsonaro’s new pro-market strategies and political recruits represent a major shift in political ideology for the veteran politician. Before running for president, Bolsonaro was largely in favor of state control, and, as a retired military officer himself, the president elect continues to be close to extremely nationalist military leaders. Now, the long-time political figure has changed his tune, winning the Brazilian presidency on a free-market platform of and a promise to Brazil’s economic doors to foreign producers.

Nov 14, 2018 - Bloomberg

After four years, dozens of arrests and a handful of restructurings, holders of bonds from Brazil’s construction giants are still suffering the fallout from a corruption scandal that all but halted the industry in Latin America. The building unit of Odebrecht, which was forced into talks with banks earlier this year amid dwindling cash flow and a dearth of new projects, is again seeking help to deal with debt it can’t afford to pay back, according to a person familiar with the matter who asked not to be identified because the information is private. The company is in talks to renegotiate terms on US$ 3 billion of international bonds after missing an interest payment last month, the person said.

Nov 14, 2018 - Associated Press

Itron, Inc., which is innovating the way utilities and cities manage energy and water, will deploy its Gen5 network to enable energy efficiency, increased grid awareness and provide better usage information for the Brazilian utility, Elektro, part of the Neoenergia/Iberdrola group. The utility will replace existing electricity meters with smart meters from Eletra, an Itron authorized sales partner, and deploy Itron’s network in three cities, including Atibaia, Nazaré Paulista and Bom Jesus dos Perdões, over the next year. Elektro is part of Neoenergia group, the second largest distributor of electric power in Brazil, serving 13.6 million customers.