Browsing Tag

privatization

Petrobras Progresses Sale of NTS

Dário Silveira Apr 1, 2020

Company launched an opportunity regarding its remaining stake in the gas carrier

Eletrobras Expects To Invest US$ 6.3 B by 2024

Thais Custodio Mar 31, 2020

Business plan was prepared before the coronavirus pandemic and until May it will be reevaluated to consider the impacts of the crisis

Natural Gas

ANP Starts Public Call for Gasbol

analuisaegues Mar 23, 2020

10.08 million m³/d will be offered at the Mutum entry point, on the border with Bolivia

Oil & Gas

TAG in Binding Phase

analuisaegues Mar 16, 2020

Petrobras moves forward with the sale of its remaining stake in the gas pipeline company

Oil & Gas

Petrobras: Downstream Divestment in Colombia

Dário Silveira Mar 9, 2020

The Brazilian oil company has started to publicize the opportunity to sell its distribution and commercialization businesses in the neighboring country

Oil & Gas

Petrobras: No Privatization Underway

Lais Carregosa Feb 26, 2020

The company explains that it is giving priority to investments in operations that generate more value

Oil & Gas

Ultrapar Predicts Gains From Petrobras Divestments

João Montenegro Feb 24, 2020

For the group's president, asset privatization will reduce raw material costs

Power

Copel To Privatize Foz do Areia

Chico Santos Feb 13, 2020

Board of Directors approved the sale of control of the asset, company must maintain a 49% stake

Power

Copel Will Allow Privatization to Maintain Foz do Areia

Lívia Neves Jan 10, 2020

The 1,676-MW hydro plant represents 30% of Copel's generation capacity

Oil & Gas

BEHIND THE NEWS: Petrobras Divestment “Breakthrough” in 2019

João Montenegro Jan 3, 2020

Company concluded the selloff of more than US$ 21 billion in assets, closed new contracts and progressed many operations

Fuels

Biodiesel Plant Sales Started

Dário Silveira Dec 23, 2019

Petrobras operation foresees sale of shares in BSBios Indústria e Comércio de Biodiesel Sul Brasil

Oil & Gas

Reman: Selling Can Generate Private Monopoly

analuisaegues Dec 16, 2019

Ineep Anticipates higher fuel price volatility and lower tax collections

Older Posts

From the Media

Apr 03, 2020 - Argus

A pause in Brazilian diesel import negotiations is likely to extend into April as domestic demand wanes and the market braces for a wave of shipments contracted before coronavirus-related movement restrictions were put in place. Brazil's state governments adopted more restrictive social isolation measures in mid-March, a move that signaled caution for the refined products sector. Many fuel distributors halted imports as they monitor the degree to which the outbreak will sap domestic diesel and gasoline demand. As of 1 April, 23 ships were scheduled to deliver around 1.1bn l of diesel by the end of the month, slightly higher than the 1bn l mark forecasted for March delivery, according to oil analytics firm Vortexa. There are currently no additional Brazil-bound import vessels scheduled for departure in April and May.

Apr 03, 2020 - BNamericas

Latin America’s energy sector is in the middle of a tectonic shift with wide-ranging potential consequences for the region’s economies. This was the key takeaway from an online conference organized by the Inter-American Dialogue. Experts discussed the perfect storm of health crisis and low oil prices, and possible effects on some the most exposed economies. Brazil, Colombia and especially Venezuela, for example, depend on oil revenue but calculated with prices way above current levels of US$20-30/b. The drop is a consequence of a rift between OPEC+’s two biggest producers, Russia and Saudi Arabia, pushing prices below the break-even point of promising basins such as Brazil’s pre-salt and Argentina’s Vaca Muerta, Inter-American Dialogue program director Lisa Viscidi said.

Apr 03, 2020 - Reuters

Brazil's manufacturing sector shrank in March at the fastest pace in more than three years, according to a survey of purchasing managers' activity on Wednesday, as the hit to activity from the coronavirus outbreak began to be felt. The IHS Markit Brazil manufacturing purchasing managers index (PMI) came in at 48.4, down from 52.3 the month before and signaling the first contraction in activity since last July.A reading above 50.0 marks expansion in the sector, while a reading below signifies contraction.

Apr 03, 2020 - Agencia Brasil

Brazilian President Jair Bolsonaro announced this week that the aid to workers and businesses as well as states and municipalities to tackle the new coronavirus crisis adds up to roughly 2.6 percent of the country’s gross domestic product. The president was joined by Economy Minister Paulo Guedes, who stated this aid will cost US$ 18.7 billion to public coffers and should benefit 54 million Brazilians. Other measures, the minister went on to mention, are aimed at helping businesses preserve employment.