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

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.