Alvopetro Energy Ltd.'s vision is to become a leading independent upstream and midstream operator in Brazil. Our strategy is to unlock the on-shore natural gas potential in the state of Bahia in Brazil, building off the development of our Caburé natural gas field and the construction of strategic midstream infrastructure.

Jun 26, 2019 - China Daily

China General Nuclear Power Corp, one of the country's largest nuclear power companies, has signed an agreement with Italian energy giant Enel for a 100 percent equity purchase of its Gamma new energy project in Brazil, a sign that CGN is entering the clean energy market in South America. The Gamma project, located in the northeastern part of Brazil, has a total installed capacity of 540MW, including two solar energy projects totaling 450MW and one 90MW wind power project, said the company. With another clean energy project to be agreed soon, which the company has not revealed the details of so far, CGN is expected to become the fifth-largest clean energy power generator in Brazil, it said.

Jun 26, 2019 - SP Global

Brazil's output of refined-oil products tumbled year on year in May as weak growth in Latin America's largest economy continued to undermine demand, National Petroleum Agency data showed Monday. Refineries produced 55.5 million barrels of diesel, gasoline and other products in May, a 4.9% downturn from 58.4 million barrels in May 2018, according to the agency, known as ANP. That was the second-consecutive monthly decline in the year-on-year comparison. May's refined-product output, however, advanced 4.9% from 52.9 million barrels in April, the ANP said.

Jun 26, 2019 - BNAmericas

Bolivia, which for over a decade sought to industrialize its natural gas, is pushing to become a regional player in up to eight countries. Along with supplying domestic industry and long-term contracts with Brazil and Argentina, Bolivia aims in the short term to become a natural gas provider to Peru, Paraguay and Uruguay, deputy energy minister Carlos Quispe told BNamericas. State company YPFB, which has an office in Brazil, plans to open an office this year in Peru, where it is bidding for the southern Andean distribution concession known as seven regions, according to Quispe. YPFB operates a regasification plant in Desaguadero on the Peruvian border.