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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 13, 2018 - Bloomberg

Three hours of heated, fragmented debate between Brazil’s presidential candidates failed to provide voters with much detail on how to put Latin America’s largest economy back on track. Eight of the 13 contenders for Brazil’s presidency traded barbs last week over corruption, crime and the dire state of the economy, with the country’s stubbornly high levels of unemployment returning again and again as the dominant theme of the night. None of the candidates, however, addressed the topics in much depth and viewing figures were low. "We are in a very preliminary stage," said Rafael Cortez, a political analyst at Tendencias Consultoria. "There was no winner because no one was able to lure new supporters."

Aug 13, 2018 - Reuters

An auction to sell four subsidiaries of Brazil's state-controlled power company Eletrobras scheduled to take place on Aug. 30 could be postponed, a source closely following the sale process told Reuters on Friday. The source, who asked not to be named because he did not want to discuss the issue publicly, said a postponement could happen if Brazil's Senate fails to approve in time a bill considered crucial to attracting investors for the auction, in which Eletrobras will try to sell four of its regional power distribution companies.

Aug 13, 2018 - Bloomberg

The future isn’t in oil -- at least for traders trying to predict moves in currencies of the bigger energy exporters. Crude has decoupled versus the currencies of Russia, Brazil and Canada, with internal market dynamics pushing them in different directions, according to research from Societe Generale SA, The ruble, real and Canadian dollar have bigger problems right now than a fairly stagnant crude price.

Aug 13, 2018 - EnergyWorld

Brazil cut its greenhouse gas emissions from deforestation in 2017 to levels below its internationally agreed 2020 climate change targets, the country's Environment Ministry said. Brazil reduced its emission from deforestation in the Amazon rainforest by 610 million tonnes of carbon dioxide (CO2), compared to its 2020 target of 564 million tonnes. In the Cerrado savanna, emissions were reduced 170 million tonnes of carbon dioxide versus a target of 104 million tonnes. The Amazon, the world's largest tropical rainforest, and the Cerrado, South America's biggest savanna, soak up vast amounts of carbon dioxide and their preservation is seen as vital to the fight against climate change.