Browsing Tag

privatization

PO for Sale of Distributors and Thermal Plants

Claudia Siqueira Dec 13, 2019

Following the BR business model, Petrobras will now focus on new operations in the electricity generation and gas trading segments

Oil & Gas

Petrobras Announces TAG Teaser

analuisaegues Dec 12, 2019

Sale refers to 10% held by the oil company in the gas carrier

Oil & Gas

Petrobras Begins Asset Sales in Uruguay

Dário Silveira Nov 13, 2019

Opportunity involves subsidiary operating in the distribution segment in the country

Power

EDP Brasil Sees Celesc as Potential Driver of Expansion

Antonio Carlos Sil Nov 11, 2019

Group studies several distributors in the initial privatization process, but Santa Catarina company offers synergies and a high value market, says CEO

Oil & Gas

US$ 889 M Bid for Liquigás

Dário Silveira Nov 11, 2019

A group formed by Copagaz, Itaúsa and Nacional Gás Butano presented the best offer for the company

Oil & Gas

ANP Goes to Argentina

João Montenegro Nov 5, 2019

Director General of the agency, Décio Oddone, will discuss investment opportunities in the Brazilian refining sector

Fuels

Belem Bioenergy Sale Concluded

Dário Silveira Nov 4, 2019

Company was incorporated in 2011 by Petrobras and Galp for the production of vegetable oil in the country

Oil & Gas

Petrobras Profits US$ 2.49 B in 3Q19

Dário Silveira Oct 25, 2019

Result reflects increased oil production and capital gains from the sale of BR Distribuidora

Oil & Gas

Petrobras Begins Non-Binding Phase for Refineries

Dário Silveira Oct 25, 2019

Prospective buyers will receive a descriptive memorandum containing more detailed information about the assets for sale

Power

Enel Will Close Eletropaulo’s Capital

Rafael Fernandes Oct 22, 2019

Public offer for acquisition of remaining shares of the former distributor is scheduled for November 21

Oil & Gas

Castello Branco: “No Plans To Privatize Petrobras”

Bruno Postiga Oct 9, 2019

The oil company's CEO ruled out the possibility at a public hearing in the Chamber of Deputies

Oil & Gas

Non-Binding Phase For Regap

analuisaegues Oct 7, 2019

The Minas Gerais refinery is part of the second Petrobras refining and logistics divestment package

Older Posts

From the Media

Dec 13, 2019 - Lusaka Times

Zambia’s Ambassador to Brazil, Dr. Alfreda Kansembe has held bilateral talks with Brazil’s Sugar, Ethanol and Energy companies in an effort to find partners to help establish the Biofuel industry in Zambia. In the Brazilian city of Pirajuba shortly after she toured Energy Plants, Dr. Kansembe was assured by her hosts, the Usina Santo Angelo company that prospects for business with Zambia were high due to the country’s attractive investment climate. Usina Santo Angelo Company Chief Executive, Jose Luiz Balardin urged Zambia to start producing sugar cane on a massive scale due to its economic benefits. The Brazilian company plans to visit Zambia in 2020 to kick-start prospects of investing in clean energy and generate business opportunities for Zambians.

Dec 13, 2019 - Renewables Now

Brazil's Ministry of Mines and Energy has recently announced the guidelines for a new energy auction to be held on May 28, 2020. Through a decree published in this week's Official Gazette, the government confirmed that the A-4 auction will contract hydro, wind, solar and biomass power. The winner will secure power purchase agreements (PPA) with a 30-year term for hydropower, and a 20-year term for wind, solar and biomass sources. The contracts will become effective on January 1, 2024.

Dec 13, 2019 - Offshore Oil and Gas Magazine

Rystad Energy expects total upstream investments next year to decrease by around 4%, with shale set to experience a steep decline. Deepwater, however, is set to grow by more than 5%. Regionally, Africa, Russia, and South America will either experience growth or a flattening of investments. In Africa, the strongest ‘performers’ could be Mozambique, Libya and Mauritania, while Brazil, thanks to the Marlim and Mero projects, will likely push growth in South America to almost 6%. The Middle East and Australia may also attract investors keen to support new LNG projects and the redevelopment of old oil fields.

Dec 13, 2019 - Reuters

Brazilian state development bank BNDES has informed Petrobras that it is considering selling up to all of the ordinary shares it holds in the state-run oil firm via a secondary offering, according to a securities filing on Friday.In the filing, Petroleo Brasileiro SA, as the firm is formally known, said that BNDES held nearly 10% of Petrobras ordinary shares as of Nov. 30. BNDES’ intention to reduce its stake in Petrobras is widely known. However, there has been debate at BNDES as to how it will go about reducing its stake.