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BEHIND THE NEWS: Why Coelho Filho Decided To Continue as Brazil’s Minister of Mines and Energy

Redação May 24, 2017

The Minister of Mines and Energy, Fernando Coelho Filho, decided to remain in Michel Temer’s administration, even after the PSB, his political party, decided to withdraw from the coalition and demand the resignation of the…

BRAZIL’S POLITICAL CRISIS: International press roundup

Redação May 22, 2017

THE ASSOCIATED PRESS: Brazilians around the country staged demonstrations Sunday calling for their president to step down after the supreme court opened an investigation into allegations he endorsed the payment of hush money to a jailed…

INTERNATIONAL PRESS ROUNDUP: Brazilian political crisis

Redação May 19, 2017

The swirling, tumultuous events of this week involving Pres. Temer and prominent lawmakers in corruption charges that are threatening the downfall of his government have been widely and prominently covered in the mainstream international…

14th Bid Round To Be Stricter

Redação Oct 17, 2016

The selection of the offshore areas under study for the National Petroleum Agency’s (ANP) 14th Bid Round scheduled for 2017 is stricter than that offered in the previous round, avoiding areas in the new frontier – offshore…

ANP Analyzes Waiver for Libra FPSO

Redação Sep 9, 2016

Experts from the National Petroleum Agency (ANP) have already begun working on a request by the Libra consortium for a waiver of the local content requirements for the FPSO for the field being put out to tender. The vessel will be…

PetroRio To Drill Two New Wells In Polvo

Redação Aug 12, 2016

PetroRio expects to drill up to two new wells in the Polvo field in the Campos Basin. The information was disclosed by Renato Jerusalmi, the oil company’s finance department manager during a conference call with investors today…

Operation License Requested

Redação Jun 2, 2016

Petrobras has requested an Operating License (OL) for the FPSO Cidade de Caraguatatuba. The vessel will be responsible for production in the Lapa field in the Santos Basin pre-salt area, with start-up scheduled for the second half of…

Cidade de Ilhabela Hits Capacity Peak

Redação May 5, 2016

The FSPO Cidade de Ilhabela, installed in the northern part of the Sapinhoá field in the Santos Basin pre-salt, reached peak capacity production in April, helping the area to hit an average production of 270,000 boepd. The…

Petrobras Charters Prosafe Flotel

Redação Aug 14, 2015

TheFloatel Safe Euros being buit in China Prosafe signed a US$ 164 million contract with Petrobras for a three-year charter of the Safe Eurus flotel, classified by the oil company as Maintenance and Security Unit (UMS). The…

From Water To Wind

Redação Dec 8, 2014

The country with enormously powerful hydroelectric power plants such as Itaipu (14,000 MW) and Tucuruí (8,370 MW) is now facing a totally unforeseen enemy: lack of water. After months of drought, the levels in the reservoirs worry…

Hotlines

Redação Dec 8, 2014

Ibama Ok’s FPSO Ilhabela Brazil’s environmental regulator, Ibama, has issued an operations license to Petrobras for the FPSO Cidade de Ilhabela, which has been cleared to begin production immediately in the Sapinhoá…

Hotlines

Redação Dec 8, 2014

The Most Productive Wind Farms With capacity factors ranging from 67% to 81%, in September the ten most productive wind farms were all located in Ceará state. The highest factor was recorded for Tractebel’s Trairí…

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From the Media

Aug 23, 2019 - Stratfor

The Brazilian government is planning to privatize state-owned energy company Petrobras before the end of President Jair Bolsonaro's term in 2022, according to an Aug. 21 report by Valor Economico, citing anonymous sources. Why It Matters: If successful, the privatization could pave the way for a further liberalization of Brazil's energy industry after Brasilia previously sought to limit the company's public influence and monopoly over the country's upstream sector. Background: Bolsonaro broached the potential privatization of Petrobras during his election campaign in 2018. The proposal, however, would require congressional approval, and it remains unclear whether legislators would support the plan as it remains highly controversial.

Aug 23, 2019 - Kallanish Energy

Brazil’s chief minister of the house Onyx Lorenzoni said the government will perform studies to assess the privatization of state-owned energy firm Petrobras, Brazilian newspaper O Globo reported. The goals are to raise funds for the federal government and to foster a more competitive fuel market in order to lower the fuel price. However, the government is proceeding with caution as the Ministry of Mines and Energy is against the idea, Kallanish Energy learns. Petrobras will undergo examinations from the Ministry, federal public company Bndes and public infrastructure body Investment Partnerships Program (PPI).

Aug 23, 2019 - Bloomberg

Brazil is readying a plan to accelerate the sale of state-controlled assets as well as partnerships with private companies, as part of President Jair Bolsonaro’s push to shrink the public sector and spark investments. The federal government will put state development bank BNDES in charge of organizing and paying for feasibility studies, which are mandatory for asset sales and auctions and are crucial for their success.Brazil expects to raise US$ 323 billion over the next several years through auctions of licenses to operate infrastructure including airports, oil wells, and ports, and also through the privatization of state-owned companies such as the postal service and the mint.

Aug 23, 2019 - Steel Guru

World's largest manufacturer of lithium batteries and 100% electric vehicles BYD has now installed 1 GWp solar panels in Brazil. BYD a global leader in new energies is immensely proud to have contributed significantly to the south American country reaching the overall mark of 3 GWp installed, according to projections of the Brazilian Association of Photovoltaic Solar Energy and data from Aneel. In 2017, BYD opened its second Brazilian factory in the city of Campinas, exclusively to produce PV solar panels. Two years earlier, BYD also set up an electric bus production line in Campinas, and also began selling electric vehicles and forklifts.