Browsing Tag

privatization

Power

Porto Primavera Concession Contract Signed

Redação Apr 25, 2019

It is part of the deal that included sale of Cesp to the SP Energia Consortium last year

Oil & Gas

STF Review of TAG Sale May Be Put Off Until 2020

analuisaegues Apr 18, 2019

The decision on the sale of the big Petrobras gas carrier will go to the full court

Power

Sale Of Sulgás May Be Decided This Week

matheusgagliano Apr 16, 2019

A proposal to end holding the plebiscite on state-owned companies in RS already has approval of three technical commissions

Oil & Gas

BEHIND THE NEWS: TAG Could Be Sold For US$ 8.6 B

matheusgagliano Apr 8, 2019

Engie and a Canadian fund presented the best offer for the Petrobras natural gas carrier

Power

Eletrobras To Extinguish Distribution Division

matheusgagliano Apr 4, 2019

The area lost its relevance with the privatization of all its distributors

Oil & Gas

Petrobras Resumes Sale Of Liquigás

analuisaegues Apr 1, 2019

In 2018, a sales transaction with Ultragaz was not approved by Cade

Oil & Gas

Petrobras Disinvestment In The Hands of the STF

analuisaegues Mar 29, 2019

Justice Edson Fachin is analyzing a constitutional challenge against sale of TAG, Araucária Nitrogenados and refineries

Power

Longer Deadline for Provision of Services by Amazonas Energia

Gisele de Oliveira Mar 28, 2019

Distributor awaits procedure completions for shareholder control to be transferred to the Oliveira/Atem consortium

Oil & Gas

Equatorial Now Is Operating Ceal

Gisele de Oliveira Mar 19, 2019

Group takes over Alagoas distributor concession with the challenge of improving service quality

Oil & Gas

Petrobras Targets Up to US$ 40 B in Divestments

Claudia Siqueira Mar 18, 2019

The projection for 2019 was presented by the president of the state-owned company in an event in Rio

Oil & Gas

Petrobras Starts Fafen-SE Mothballing Process

matheusgagliano Feb 4, 2019

The state company is waiting for proposals from parties interested in leasing the unit

Oil & Gas

Sale of TAG Should Be Complete by April

matheusgagliano Jan 21, 2019

The divestment was already underway when the process was halted; Engie is believed the winner

Older Posts

From the Media

Apr 25, 2019 - Renews Biz

Iberdrola renewables earnings before interest, tax, depreciation and amortisation were up over 13% in the first quarter of 2019, compared with the same period last year. EBITDA stood at €683.6m, while revenue also grew to over €1.1bn – a 5% increase the company said. Iberdrola said the contribution of its renewables businesses in Brazil, Mexico and the UK, as well as the offshore sector – particularly the Wikinger project – were behind the increases. These contributions more than offset lower production in the US and Spain, it added.

Apr 25, 2019 - Financial Times

Roberto Castello Branco, the new chief of Brazilian oil company Petrobras, was thousands of kilometres away from his desk, at a conference in Chicago, when he faced his first crisis. It was a Friday afternoon and Jair Bolsonaro, the Brazilian president, had just announced he would cancel a scheduled increase in the price of diesel. The decision was designed to stave off a potential truckers strike. But it also sent shares in Petrobras into freefall, knocking about US$ 8bn off its market capitalisation. Investors also feared it showed that Brazil was returning to the bad old day of government intervention under a president who freely admits he knows nothing about economics. “It was a blip. We don’t want to return to this past,” said Mr Castello Branco, rebuffing claims of state intervention in his first interview since the market crash.

Apr 25, 2019 - Americas Quarterly

It’s been a lucrative and eventful month at Brazil's state-led oil firm Petrobras. The company raised nearly US$ 20 billion from two big transactions on April 5 and 9, only to see market value fluctuate wildly over concerns about its fuel pricing policy. Investors grew jittery after the government overruled Petrobras’ decision to phase out diesel subsidies, contradicting the ostensibly pro-market tendencies of the Bolsonaro administration. But despite the messy politics of the pricing controversy, observers trying to get a sense of Petrobras’ long-term direction would do well to keep their eyes on that US$ 20 billion.

Apr 25, 2019 - Mercopress

Bolivia is looking at exporting natural gas globally through liquefaction terminals to be built in Argentina, and to buy crude from its southern neighbor, Bolivian President Evo Morales said, a move that would compensate for dwindling sales of its main export to Argentina and Brazil. Morales discussed the plans with his Argentine counterpart, Mauricio Macri, in Buenos Aires, where they also touched on other proposals to widen energy integration. In a press conference, Morales said they agreed that Bolivia's state-owned energy company YPFB “will participate in investments” to build liquefaction terminals to export LNG from Argentina.